The Minister of Mines and Steel Development, Olamilekan Adegbite, on Tuesday said that the Mining Cadastre Office generated N3.88 billion as revenue from mining licences between January to October this year, representing about N1.5 billion increase over the N2.3 billion it raked in from the source in 2020. The minister, who made this disclosure during […]
The Federal Government has indicated its readiness to flag-off the construction of an international gemstones market in Ibadan, Oyo State, as part of its efforts to improve non-oil sector’s contributions to the nation’s Gross Domestic Product (GDP) in the years ahead. The Minister of Mines and Steel Development, Arch. Olamilekan Adegbite, gave this hint on […]
Despite some challenges it is facing of the revitalization of the multi-billion Naira Ajaokuta steel project, the Federal Government on Friday said that ongoing reactivation of the project would be completed within the next two years. The Minister of Mines and Steel Development, Olamilekan Adegbite, set this timely for the re-opening of the moribund plant […]
The Federal Government has initiated some policy measures that would ensure that activities in the nation’s mining industry are properly monitored and by so doing, promote transparency in its operations and increase revenue accruals from the sector. The Minister for Mines and Steel Development, Olamilekan Adegbite, made this disclosure during a roundtable session at the […]