PROCEDURES AND REQUIREMENTS FOR OBTAINING MINING LEASE/LICENCE IN NIGERIA

WHAT IS A MINING LEASE? A mining lease is a legal contract for the right to work a mine and extract the mineral or other valuable deposits from it under the prescribed condition of time, price, rental or royalties. mining lease in Nigeria create proprietary interest over land and confers an exclusive right to explore, …

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THE CHALLENGES CONFRONTING NIGERIA MINING SECTORS AND THE SOLUTIONS.

INTRODUCTION What is Mining Mining in Nigeria refers to the extraction of minerals and other geological materials from the earth’s crust. Nigeria is richly endowed with numerous mineral resources, including solid minerals and oil and gas reserves. The mining sector in Nigeria has the potential to contribute significantly to the country’s economic growth and development. …

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