4) Japaul Mines and Products. Location: Plot 8, Dr Nurudeen Olowopopo Avenue, Ikeja, Lagos, Nigeria. Phone: 080758912260. Website: This company specialises on the maintenance of diverse range of quarrying plants with machineries and associated tools that is widely used in quarry production.
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This study assessed the distribution and uses of mine ponds in Plateau State, Nigeria. It identified the locations and different uses of the mine ponds, the human and animal risks associated with ...
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The Mining Industry in Nigeria is governed by the following laws :-. – The Constitution of the Federal Republic of Nigeria 1999 (as amended). – The Nigerian Minerals and Mining Act (NMMA) 2007 and …
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28 August 2019 | 4:06 am. With the appointment of a Minister for mining, experts in the country's mining and solid minerals sector have advised the Federal Government to address the lingering ...
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The low crude oil prices in 2019 add momentum to Nigeria's need for economic diversification as its foreign earnings come primarily from crude oil sales. As a result, Nigeria is seeking to explore other economic potentials, such as developing a Mining Resource Corridor (MRC) to reduce poverty and assist the country's sustained growth …
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INTRODUCTION: In view of resurging sector reforms in the Nigerian extractive sector and global rise in commodity prices, local interests in mining have since grown especially considering its potential for inter sectoral growth and increase in Nigeria's export ratio 1.Although still highly underdeveloped, the Nigeria mining sector continues to draw …
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Listen: Assessing Nigerian Mining against Global Best Practices As a result of the pandemic, the economy is expected to …
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Oil And Gas. This is the leading industry in Nigeria which entails the mining and conversion of natural resources like crude oil. They refined these materials are further processed, refined, and converted to other useful resources. Also, all the apparatus needed for the extraction and mining of these materials are produced by these industries.
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Lithium price was averagely US$2,000 per metric ton in 2002 rising to US$18,000 in 2018. For the moment the find in Nigeria simply points to the potential of Nigerian pegmatites for lithium ...
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Nigeria's north, especially Kaduna, Katsina, Kebbi, Kogi, Nasarawa, Niger, Plateau and Zamfara states, are particularly hard hit by the blight of illegal mining. An estimated 80% of mining in these areas is …
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The cement industry has significantly contributed to degradation of the land, noise pollution through blasting of quarry and loss of life in the mining industry in general and cement industry in ...
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EVALUATION. Define mining of mineral resources; Briefly explain component of mining industry in Nigeria; TYPES OF MINERAL AND THEIR USES. Petroleum (crude oil)- is a liquid mineral called black gold from which petrol, kerosene, diseal and other petrol chemical products are derived.It is originated from dead plants and animals matters deposited …
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Review of the mining industry based on comparative analysis between India and Nigeria from 2000-2021, with recommendations for sustainability. 3.0 Literature Review Compared against the global standard practices in developed countries, the mining sectors of India and Nigeria are still underdeveloped. Both countries are still trying to find a
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The exploration for tin started in the early part of the last century. In tin mining in Plateau, the open cast mining method was used because the plains of Plateau were flat and tin was concentrated in old stream beds and was washed down from the younger granite outcropping units (Gyang & Ashano, 2010). Mallo, 2012). 2.2. Coal
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This is another major challenge. In fact, the mining industry in Nigeria faces the problem of scarcity of accurate geological data. This means that the information on minerals quantity and locations in Nigeria is inadequate. In fact, there is yet a substantial dependence on data produced over 50 years ago.
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With over 44 different types of minerals, the mining sector is of great importance to the economic development of Nigeria. Despite the fact that the industry has the most significant propensity to ...
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As Nigeria plans to establish a MRC, this article points to the critical issues that Nigeria should consider and the possible implications and problems that may arise …
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decline and today, mining and solid minerals only account for about 0.3% of the gross domestic product of Nigeria. The Nigerian oil and gas sector has played a central role in the Nigerian economy. The revenue realized from the Nigerian petroleum industry has been the country's fiscal mainstay and remains a major revenue source. The reality of
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Nigeria's mining sector optimistic future, but challenges need resolution. According to multinational professional services firm EY, the mining industry in Nigeria can be described as unique because the …
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The mining sphere in Nigeria is controlled by small mining companies which need adequate funding to develop their industry. The inadequate supply is one of the critical problems of the mining industry in Nigeria. Many of such companies use illegal techniques and equipment to carry out their processes. 3. Deficiency of accurate …
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The mining industry (MI) has played a key role in ensuring a stable supply of minerals for industrial production and human survival. The Chinese government is implementing various policies to promote the MI and needs quantitative information on the economic role and effects of the MI. Thus, this article uses comprehensive and multi-period input-output …
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DSC has a 1.0 mtpa steel melting plant for the production of 0.96 mtpa of billets and 0.32 mtpa of rolled products, while supplying 210,000 tonnes of billets each to Oshogbo, Jos and Kastina ...
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The model also provides a clear and structured approach to identifying key drivers of competition within an industry, which can help firms to develop effective strategies for creating and ...
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d. problems of smes in nigeria 34 e. prospects of smes in nigeria 37 f. a comparative analysis between india's small scale industries (ssis) and nigeria's smes 45 g. research questions 51 chapter three - methodology a. research methods and approaches used 55 b. justification of the methods 59 ...
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The mining industry is involved in the extraction of precious minerals and other geological materials. The extracted materials are transformed into a mineralized form that serves an economic benefit to the prospector or miner. Typical activities in the mining industry include metals production, metals investing, and metals trading.
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With 18 operating pipelines and an average daily production of some 1.8 million barrels in 2020, Nigeria is the eleventh largest oil producer worldwide. The petroleum industry accounts for about ...
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Kaduna Refining and Petrochemical Company; capacity 110,000 bpsd commissioned in 1980. New Port Harcourt Refinery; capacity 150,000 bpsd commissioned in 1989. Thus, the total installed capacity is 445,000 bpsd. These plants in the last 15–20 years had a poor operating record with average capacity utilization hovering between 15 and …
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Nigeria's mining sector is entering a new phase following the Covid-19 pandemic, with greater government support and a growing role as an important generator of export …
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The government estimates total revenue from the mining sector reached N2.9bn ($6.9m) in 2022, and is expected to increase by 25% to N3.6bn ($8.5m) the following year. This promising forecast is a reflection of the sector's resilience and its continued support from federal and state governments. The passing of an …
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Based on that assessment, we suggest that the mining industry risks losing an estimated $30 billion to $120 billion in EBITDA in 2020 versus 2019 because of the COVID-19 crisis, despite an expected …
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The mining of minerals in Nigeria accounts for only 0.3% of its gross domestic product, due to the influence of its vast oil resources. The domestic mining industry is underdeveloped, leading to Nigeria having to import minerals that it could produce domestically, such as salt or iron ore. The rights to ownership of mineral resources is …
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Appropriate management of solid minerals should translate or some say return Nigeria from just a minerals country to a mining country. Any industry that can generate high economic yield, income, technology and massive employment at the same time -even at the risk of price fluctuation and exhaustibility - is source of economic development ...
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In the first quarter of 2022, Nigeria recorded an average daily oil production of 1.49 million barrels per day (mbpd), accounting for 6.63% of total GDP. Nigeria is among the world's top five exporters of liquefied natural gas (LNG). The country's exports of natural gas rose by 14% in 2021, accounting for 9.24% of total exports.
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This interactive data visualisation tool includes an inventory of export restricting measures placed on 58 mineral and metals and metallic waste and scrap for all minerals and metals covered in the Inventory for all major minerals exporters and are combined with production figures, known mineral reserves and trade flows. Try it now to see how trade in raw …
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Akpata stated that "the results of the study show that corruption in Nigeria could cost up to 37% of Gross Domestic Products (GDP) by 2030 if it's not dealt with immediately. This cost is equated to around $1,000 per person in 2014 and nearly $2,000 per person by 2030. The boost in average income that we estimate, given the current per ...
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Nigeria is richly endowed with variety of solid mineral deposit found across the thirty six (36) states of the federation and the Federal Capital Territory (FCT), Abuja. Despite the huge reserves of solid minerals, Nigeria is regarded as a non-mining nation, and the contribution of this sector to the economy is minimal.
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