Tag
MINERS
The mining and quarrying sector witnessed a substantial influx of bank loans in the third quarter of 2023, with borrowing surging to approximately N12.76 billion, as detailed in the Central Bank of Nigeria's (CBN) latest quarterly statistical bulletin.
The Minister of Solid Minerals Development, Dele Alake, has suggested that the federal government can generate revenue through taxing and royalties on artisanal miners in the country.
Illegal miners threatening the Nigerian mining sector have been urged to stop draining the nation’s economy by mining mineral resources illegally.