Nigeria Mining & Environmental Law & Regulations
Minerals and Mining Regulations 2011 ... According to the World Bank the mining of minerals in Nigeria has accounted for less than 0.5% of GDP in recent years, though the government is targeting growth up to around 3% of GDP by 2025. In pursuit of this aim, Nigeria revamped its mining law in 2007 and, again in 2011, with the aim of diversifying ...
An overview of Mines & Minerals (Development …
Introduction. The Mines and Minerals (Development and Regulation) Amendment Act 2021 was introduced in the Lok Sabha on 15th March 2021 and subsequently passed by the Rajya Sabha on 22nd …
Government Regulation No. 96 of 2021 as New Implementing Regulation …
The Government of Indonesia recently issued Government Regulation No 96. of 2021 concerning Implementation of Mineral and Coal Mining Business Activities ("GR 96 2021"). This new regulation includes several provisions which are considered significant changes from the previous regulation issued in 2010. It may provide …
Nigeria: Mineral Policy
Nigeria is a lower middle-income country with a surface area of 923.8 thousand square kilometers and population of between 140 and 188.686 million (National Mineral and Metal Policy 2008; World Bank 2017; IMF 2017).It has a population growth of 2.6% and a GDP of 405.08 billion US dollars with an annual GDP growth rate of −1.5% …
Nigerian Mining Sector Watch
from 1 March 2021. The repayment is to be made on instalment basis by the beneficiaries depending on the nature of enterprise and the repayment schedule/work plan provided at the application stage3. Nigerian Mining Sector Watch KPMG in Nigeria February 2021 Vol. 2 1Source: Public presentation of the 2021 Approved Budget by the Honorable Minister
Nigerian Mining – Progress, but still a long way to go
Globally, the mining industry is experiencing a boom as there is an increase in the need of critical minerals and new mining technologies, the Nigerian Mining is not left out in this change, this document highlights the progress made and the steps to achieving the growth needed. ... Nigeria Budget 2021. PwC cares COVID-19 intervention update ...
Mines and Minerals Amendment Bill 2021- Explained, …
But India still imports minerals worth more than Rs. 2.5 lakh crore a year. The MMDR Bill 2021 facilitates to explore better mining of minerals. This will improve the commercial mining capability of India. Effective mining and creates huge employment benefits: More exploration of mines will lead to effective and profitable mining in India ...
Nigerian Mining Progress, but still a long way to go.
Source: PwC Global Mines Report 2023, Nigeria Mineral and Mining Act, PwC Analysis ... 2019 2020 2021 2022fe 2023fe 2024fe 2025fe Mining & Quarry Contribution to GDP ... regulation of mining activities between Federal, State and Local Governments. An example of this matter
Conversion and Renewal (Oil Prospecting Licences &Oil …
Petroleum Industry Act (2021). Commencement date : DD/MM, 2022 GENERAL 1(1). These regulations shall apply to conversion pursuant to sections 92,93, 94 and renewal of Oil Mining Leases pursuant to section 303 (1) of the Act. (2) These Regulations shall not apply to renewals of petroleum mining leases granted
NESREA Official Website | Laws & Regulations
This Regulation provides for the conservation & wise use of wetlands & their resources in Nigeria and ensure sustainable use of wetlands for ecological and tourism purposes and to protect wetland habitats for species of fauna and flora. ... National Environmental (Mining and Processing of Coal, Ores and Industrial Minerals) Regulations, S. I ...
Statutory Instrument 185 of 2021. [CAP. 21:05
Mining (General) (Amendment) Regulations, 2021 (No. 26) IT is hereby notified that the Minister of Mines and Mining Development has, in terms of section 403 of the Mines and Minerals Act [Chapter 21:05], made the following regulations:— 1. These regulations may be cited as the Mining (General) (Amendment) Regulations, 2021 (No. 26). 2.
Introduction I
delineated in the Nigeria Mineral Value !hain Regulations, 2021 ("the Regulation") introduced by the Federal Government in July 2021. The Regulation is essentially formulated to protect the mining sector and boost the country's revenue drive through the development of raw materials into refined products before export.
MINERALS AND MINING POLICY OF GHANA
2.0 overview of ghana's minerals and mining sector 2.1 policy framework and objectives 3.0 principles of minerals and mining sector policy 4.0 regulating the mining sector 5.0 mineral licensing 6.0 environmental regulation of mining 6.1 climate change 7.0 occupational health and safety 8.0 fiscal policy for mining
The Mines and Minerals (Development and Regulation) …
What is the Scenario of the Mining Sector in India? Backbone of Manufacturing: Mining industry plays a crucial role in the country's economy, serving as the backbone for manufacturing and infrastructure sectors.; According to the Ministry of Mines, the total value of mineral production (excluding atomic and fuel minerals) during 2021 …
Nigeria: What to Know About Mineral Exploration Licencing
Application for a mineral title in Nigeria can be done by a qualified applicant under the Act and in accordance with the Nigerian Minerals and Mining Regulations (NMMR) and the submission of an ...
Nigerian Mining Sector Watch
from 1 March 2021. The repayment is to be made on instalment basis by the beneficiaries depending on the nature of enterprise and the repayment schedule/work plan provided …
Funding, legal reforms, security, key for Nigeria's …
Nigeria's mining sector can further maintain sustainable growth through affordable funding, expediting the amendment to mining laws, regulations and policies, access to reliable geodata, provision of …
The Mines and Minerals (Development and Regulation) Amendment Bill, 2021
The Bill amends the Mines and Minerals (Development and Regulation) Act, 1957. The Act regulates the mining sector in India. Removal of restriction on end-use of minerals: The Act empowers the central government to reserve any mine (other than coal, lignite, and atomic minerals) to be leased through an auction for a particular end …
Parliament passes Mining and Minerals Bill, 2021
The Bill that was passed on 17 February 2022 mandates the National Mining Company to hold 15 per cent free equity in all large and medium mining ventures as well as have the right to pay up 20 per ...
Nigerian Minerals and Mining Regulations 2011
The Federal Ministry of Mines and Steel Development (the 'Ministry') recently issued new mining regulations titled the Nigerian Minerals and Mining Regulations 2011 (the 'Regulations') which is intended to establish a more coordinated and accountable solid minerals sector in the country and to stamp out the discretionary grant of mineral titles.
Nigerian Mining – Progress, but still a long way to go
Download Nigerian Mining – Progress, but still a long way to go. This publication shares insights on the progress of the Nigerian Mining industry and the growth to be made. …
Nigerian Mining Progress, but still a long way to go.
ely 4 to 5 percent of the GDP in the 1960s and 1970s. However, with the discovery of crude oil, the industry suffered from neglect, resulting in a mere 0.17%. ontribution to the GDP …
Mining revenue hits N7.8bn in 2021
Ministry of Mines and Steel Development (MMSD), on Monday, said that the ministry has achieved a major improvement in revenue generation from N5.4 billion in 2020 to N7.8 billion in 2021.
Mines and Minerals (Development and Regulation) (MMDR) Amendment Act, 2021
Lok Sabha and Rajya Sabha passed the Mines and Minerals (Development and Regulation) (MMDR), Amendment Bill,2021. ... The Bill was introduced in Lok Sabha on 15.03.2021 as a Government ... of a Statutory body named the National Mineral Exploration Trust (NMET). It will see the functioning of the mining sector. Fourthly, …
THE LEGAL AND REGULATORY FRAMEWORKK FOR …
The principal legislation governing the mining sector is the Minerals and Mining Act of 2007 ably supported by the Minerals and Mining regulations of 2011. Prior to the passage of the Act, the sector was largely neglected and unregulated. The various public mining institutions had overlapping jurisdictions making application for mining
Mining reforms to bring more power to state authorities in Nigeria
In 2019 the government made the decision to revise the Nigeria Minerals and Mining Act (NMMA), the law that has governed the sector since it came into force in 2007. However, as a result of the disruption caused by the Covid-19 pandemic, as well as other international and domestic challenges, the passage of the revised ... In November 2021 the ...
Why FG moved to end raw minerals export
The Federal Executive Council on Wednesday approved Nigeria's Mineral Value Chain Regulations, 2021. The main objective is to protect the mining sector and boost the country's revenue drive through the development of raw materials into refined products before export. Highlights of the document include regulating the handling of …
Why FG moved to end raw minerals export
Raw materials. The Federal Executive Council on Wednesday approved Nigeria's Mineral Value Chain Regulations, 2021. The main objective is to protect the mining sector and boost the …