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Home Business News Business

Nigeria’s Mining sector grew by 17.95% in 2020 - NBS

Ubah Jeremiah Ifeanyi by Ubah Jeremiah Ifeanyi
December 13, 2021
in Business
FG, stop China from grabbing Nigeria’s Lithium
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Nigeria’s mineral production in the mining and quarrying sector rose bu 17.95% amounting to 64.3 million tons in 2020 from 54.5 million tons in 2019.

This is according to the Nation bureau of statistics Mineral Production Statistics Report for 2019-2020.

The Top  three states with the biggest share of production in 2020 were Kogi (12.5 million tons), Ogun (12.1 million tons), and Cross River (8.9 million tons. Borno, on the other hand, had the lowest total of 5,060 tons.

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In 2020, the most mined minerals were limestone, sand, and granite, while limestone, granite, and laterite were the top three largest minerals in 2019.

What the report is saying

The report reads “The Mining and Quarrying sector is crucial to growth in Nigeria considering the potential to export mineral resources to the rest of the world and the drive for diversification. Essentially, Nigeria is said to be endowed with over forty (40) types of minerals including marble, coal, iron ore, gold, silica, lead, zinc, tin ore, manganese, granite, laterite, limestone etc.”

The report classified the contribution of each state to the mining sector the report said, “Aggregate production in 2020 (64,286,308.01 tons) grew by 17.95% compared to 2019 with 54,505,048.23 tons, indicating an improvement in production. In 2020, Kogi State, Ogun State and Cross River State were top three States with the largest share of production with 12.50 million tons, 12.11 million tons and 8.90 million tons respectively. The least State was Borno which recorded 5,060 tons. Similarly, Ogun State, FCT and Kogi State were the top three States with the largest share of production in 2019.”

This report shows that Ogun State produced 12.55 million tons, FCT produced 10.82 million tons, while Kogi State recorded 10.11 million tons over the same period. Limestone, Sand and Granite were three most mined minerals in 2020, while Limestone, Granite and Laterite were the top biggest minerals in 2019.

Tags: mining sector
Ubah Jeremiah Ifeanyi

Ubah Jeremiah Ifeanyi

For further inquiries about this article, contact: Email: Ifeanyi.ubah@nairametrics.com Twitter: @ubahjc Linkedln: Jeremiah Ubah

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Comments 1

  1. Victor Mazuwa says:
    February 3, 2023 at 8:44 am

    Excellent work done.

    Reply

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