The principal legal framework guiding the development of CDAs in Nigeria is the Mining Act and the Nigerian Minerals and Mining Regulations 2011 (the Mining Regulations). There is also the Revised Guidelines for the Production of Community Development Agreement in the Solid Mineral Sector 2023 (the CDA Guidelines), which was issued by the ...
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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. …
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the Minerals and Mining Act, (Act 703), 2006, these Regulations are made this day 20th of March, 2012. Application and general administration Regulation 1—Application (1) These Regulations apply to (a) the conveyance, storage, possession, manufacture and use of explosives for mining, quarrying and civil works; and
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An Act to repeal the Minerals and Mining Act, No. 34 of 1999 and re-enact the Nigerian Minerals and Mining Act 2007 for the purposes of regulating all aspects of the exploration and exploitation of solid minerals in Nigeria; and for related purposes.
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The Nigeria Mining Cadastre Office (NMCO) was established in 2007 with the responsibility for the Administration and Management of Mineral Titles in Nigeria in accordance with Section 5 (1) of the Nigerian Minerals and Mining Act, 2007 (the Act). Address: 37 Lobito Crescent; Off Ademola Adetokunbo, Wuse II, Abuja Nigeria +234 (0) 816-410-1937
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The Nigerian Minerals and Mining Act of 2007, National Minerals and Metals Policy 2008 and Nigerian Minerals and Mining Regulations 2011 regulate the mining industry in Nigeria. In conclusion, prospective investors who are willing …
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Regulations to accompany Nigerian Minerals and Mining Act, 2007 Show more information WorldCat is the world's largest library catalog, helping you find library materials online.
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A simple and easy-to-understand guide to Nigeria's mining laws, helping investors navigate the regulatory landscape and achieve instant success. Read More. ... Unlock Nigeria's vast mineral wealth with our comprehensive guide on essential permits. Learn about different types of mineral permits, from exploration licenses to export permits ...
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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% as at 2016 (World Bank 2016) the …
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legislation on mining, the Minerals and Mining Act of 1999. Rather, the thrust of the paper will be on certain aspects of the current legal and regulatory framework that are inimical …
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Nigerian minerals and mining regulations, 2011. Publication [Abuja, Nigeria] : Federal Republic of Nigeria, Ministry of Mines and Steel Development, [2011] Physical description 219 pages ; 29 cm. ... Regulations to accompany Nigerian Minerals and Mining Act, 2007. Librarian view | Catkey: 12001124 Hours & locations; My Account; Ask us;
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The main legislation controlling Nigeria's mining industry is the Minerals and Mining Act (2007). In Nigeria, the law governs every facet of the exploration and extraction of solid …
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By PINHEIRO LP INTRODUCTION "Section 2 of the Explosives Regulations, Cap. 117, Laws of the Federation of Nigeria, 1990 defines explosives…The same section defines mining as having the meaning assigned to it in the Minerals Act, and shall include the use of explosives in works authorized under the Petroleum Act. Although there is no definition […]
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Nigeria is endowed with vast reserves of natural resources such as energy minerals like coal and lithium, metallic minerals like gold and lead-zinc and industrial minerals like limestone and barite. ... a new national focus and strategy on mining evolved and this culminated in the enactment of the Nigerian Minerals and Mining Act (the Act or ...
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Historically, mining in Nigeria began in the early 20th century with the extraction of tin from the Jos Plateau. The sector was a significant contributor to the economy until the discovery of oil in the 1950s, which shifted focus and investment towards petroleum. ... The Nigerian Minerals and Mining Regulations, 2011. These regulations provide ...
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These Regulations may be cited as the Nigerian Minerals and Mining Regulations, 2011. 2. In these Regulations— (l) Unless the context indicates otherwise any word to which a meaning …
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The Nigerian Minerals and Mining Act of 2007, National Minerals and Metals Policy 2008 and Nigerian Minerals and Mining Regulations 2011 regulate the mining industry in Nigeria. In conclusion, prospective investors who are willing to invest in the Nigerian mining sectors will be required to fulfill all requirements and condition precedents ...
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Further to the provisions of the Act and the Nigerian Minerals and Mining Regulations of 2011, the Guidelines emphasise the key elements of a CDA to include: ... in accordance with existing laws and Regulations in Nigeria. However, should the community opt to engage a legal practitioner, the fees of such legal practitioner shall be borne by the ...
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CENTER FOR LAWS OF NIGERIA: FEDERAL LAWS Constitution Federal Laws TreatiesState Laws Court Judgments Court Rules DOWNLOAD OF A COPY OF THIS LAW IS AVAILABLE [N3,000 (PDF)] CLICK HERE FOR […] To access this content, you must purchase one of these plans: Two-Day Membership Plan, Weekly Membership Plan, Monthly …
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Mineral title holders are required to, pay rents due under the mineral title, use the land for mining purposes only, report details of discovered minerals, comply with all conditions and obligations in the Act and the Regulations applicable to mineral titles, comply with terms of any Community Development Agreement to which he is a party ...
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This work seeks to highlight the regulatory framework of the Nigeria Mining industry and the challenges of mining operations in Nigeria with a view to proffering solutions.
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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 tax incentives and/or …
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Nigeria Critical Minerals Investment Opportunities; ... Federal Republic of Nigeria Laws, Policies and Regulations; Republic of Uganda Laws, Policies and Regulations ... AMSG Youth in Mining; Partners. Founding Partner. Kingdom of Saudi Arabia; Strategic Partners; Events. AMSG UNGA79 High Level Event 2024 ...
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Fiscal – License holders pay royalties and fees based on the type of mineral and scale of mining. Royalties include (i) 3% for precious metals, (ii) 4% for metallic minerals, and (iii) 5% for industrial minerals. Mining companies are subject to regular corporate income tax at 30%, as well as Value Added Tax at 7.5%, Capital Gains Tax at 10%, and a 2% Education Tax on profits to fund ...
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The Mining Regulations. The Mining Regulations are the subsidiary legislation issued under the Mining Act. The Regulations contain detailed provisions for the administration of mineral titles by the Mining Cadastre Office, including the procedure, duration and documentation required for the application of a small-scale
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The Nigerian Minerals and Mining Act 2007 (the Mining Act) and Nigerian Minerals and Mining Regulations 2011 are the primary sectoral legislations governing the Nigerian mining sector. The laws expressly provide that the entire property in and control of all mineral resources in, under or upon any land in Nigeria shall be vested in the ...
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The main legislation controlling Nigeria's mining industry is the Minerals and Mining Act (2007). In Nigeria, the law governs every facet of the exploration and extraction of solid minerals. Below are links to more significant laws that …
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Federal Republic of Nigeria Laws, Policies and Regulations; Republic of Uganda Laws, Policies and Regulations; Republic of South Sudan Laws, Policies and Regulations ... The Nigerian Minerals and Mining Act, 2007. The Nigerian Minerals and Mining Regulations, 2011. Recent Posts. Strengthening Responsible Mineral Sourcing in Africa;
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Mr Adegbite said the law in operation is the 2007 Nigeria Mineral and Mining Law that has become obsolete. He added that a lot of new things have come up in the mining sector.
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