a. Minerals and Mining Act No. 20 of 2007 (the MMA): The Act is the principal legislation that regulates the Nigerian mining sector. The Act vests the control, regulation and ownership of all mineral resources in the Federal Government of Nigeria (FGN).
Sep 06, 2021· In a bid to regulate all aspects of exploration and exploitation of solid minerals in the country, the Nigerian government in 2007 re-enacted the …
Nigerian Minerals and Mining Act 2007 The Nigerian Minerals and Mining Act 2007 ("the Act") was passed into law on March 16, 2007 to repeal the Minerals and Mining Act, No. 34 of 1999 for the purposes of regulating the exploration and exploitation of solid materials in Nigeria. In addition to environmental considerations, this Act also ...
MINING IN NIGERIA –THE NIGERIAN MINERALS AND MINING ACT, 2007 "For long, West Africa has been a destination of choice for mining executives the world over, with countries like Burkina Faso, Ghana, Ivory Coast and Niger being actively explored and mined. N …
Apr 17, 2017· The Nigerian Minerals and Mining Act (NMMA) 2007 has vested the control, regulation and ownership of all mineral resources in all states, to the Federal Government. This is stated in a document made available to the News Agency of Nigeria(NAN) on Sunday in Abuja.
Feb 11, 2018· The Nigerian Mining and Minerals Act 2007, No. 20, which repealed the Minerals and Mining Act, No. 34 of 1999, was re-enacted for the purposes of regulating all aspects of the exploration and exploitation of solid minerals in Nigeria; and for related purposes was passed by the National Assembly of the Federal Republic of Nigeria on the 29th Day of March, 2007
Sep 29, 2021· He said the Nigerian minerals and mining act of 2007 prohibits unauthorised exploration or exploitation of minerals. "Under the land use act, …
Minerals (Prospecting and Mining) Act 33 of 1992 (GG 564) brought into force on . 1 April 1994 by GN 41/1994 (GG 828) as amended by. Minerals (Prospecting and Mining) Amendment Act 8 of 2008 (GG 4189) came into force on date of publication: 28 December GG 2008 . ACT . To provide for the reconnaissance, prospecting and mining for, anddisposal of ...
Scoping Study on the Nigerian Mining Sector . Trust Fund No. 95381; Project No P114267 . Public Disclosure Authorized. October 2011 . ... Table 2: The types fees as empowered by the Minerals and Mining Act of 2007and the Minerals and Mining Regulations 2011collected by the MID. Table 3: Royalties and Explosive fee collected by MID in 2010 .
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. Download the resource. Access original publishing page.
05 Feb Nigeria Minerals and Mining Act 2007. About the Law This Act was established for the purposes of regulating all aspects of the exploration and exploitation of solid minerals in Nigeria. Some key provisions: Gives ownership of all mineral resources in Nigeria and in the Exclusive Economic Zone to the Federal Government for and...
The Nigerian Mineral and Mining Act, 2007 has introduced the mandatory conclusion of Community Development Agreements (CDAs) between mining companies and their host communities as a condition precedent to commencement of mining operations. The objective is to ensure that the social and economic benefits of a mining project are transferred to ...
Jun 25, 2021· Nigeria Minerals & Mining Act 2007; this Act concerns the rights in and management of mineral resources in Nigeria. It provides rules for exploration and exploitation of resources and for the protection of the environment. It also concerns possession of mining material, small-scale mining and the protection of interests of host communities ...
A 486 2007 No. 20 Nigerian Minerals and Mining Act Functions of the Minister. metres of a railway, or which isthe site of, or within fifty metres of, any government or public building, reservoir, dam or public road; (d) that is subject to the provisions of the National Commission for …
The Mining and Minerals Act (2007) defines the Nigerian Mining Cadastral Office (MCO) as an autonomous body administering mining titles with integrity and in a transparent manner on a "first come, first served" basis.
Sep 04, 2020· 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 ...
EXPLOITATION and exploration of solid minerals are governed by The Nigerian Minerals and Mining Act 2007 ("the Act") which was passed into law on March 16, 2007 to repeal the Minerals and ...
Sep 27, 2021· Commenting on Section 1(1) of the Nigerian Minerals and Mining Act, 2007, which gives the federal government ownership and absolute control over all mineral resources in the country, Ogbonnaya argued that the act has failed to address the deep-rooted structural problem facing Nigeria's fiscal federal system which favours the central ...
The Nigerian Minerals and Mining Act 2007 ("the Act") was passed into law on March 16, 2007 to repeal the Minerals and Mining Act, No. 34 of 1999 for the purposes of regulating the exploration and exploitation of solid materials in Nigeria. This paper reviews the critical aspects of the Act. Get Price. 1.
Feb 12, 2017· 1.The Minerals and Mining Act No. 20 of 2007. The Minerals and Mining Act (MMA) is the principal legislation that regulates. this sector. It regulates all aspects of the exploration and exploitation of solid minerals in Nigeria. It replaces the Minerals and Mining Act, No. 34 of 1999 Act.
Jan 03, 2021· The power over exploration and exploitation of mineral resources in Nigeria shall be vested in the government of the federation, in this case, Nigeria. The legislative enactment giving this power is the Nigeria Mineral and Mining Act of 2007 which repealed Mineral and Mining Act of 1999.
May 04, 2020· The Nigerian Minerals and Mining Act (NMMA 2007) provides that royalty is chargeable on minerals obtained in the course of exploration or mining operation. The computation of royalty payable is ...
the Nigerian Minerals and Mining Act (the Act) in 2007, amongst other policy efforts. However, these efforts have only led to a minuscule growth in the sector; with the sector's contributions to the Nation's Gross Domestic Product (GDP) remaining at less than 1% as at 2015 1. By the first half of 2016, Nigeria entered into a period of
Jun 16, 2020· Section 1(1) of the Nigerian Minerals and Mining Act, 2007 gives the federal government ownership and absolute control over all mineral resources in …
1 Nigerian Mining Sector Brief - assets.kpmg. the Nigerian Minerals and Mining Act (the Act) in 2007, amongst other policy efforts. However, these efforts have only led to a minuscule growth in the sector; with the sector's contributions to the Nation's Gross Domestic Product …
• Nigerian Mining Industry Roadmap • Solid Minerals Investment Brochure • Nigerian Minerals and Mining Act 2007 • Guidelines for Mineral Title Applications • National Minerals and Metals Policy • Nigerian Minerals and Mining Regulations 2011 • Royalty Rates in Nigeria
May 29, 2020· NEITI's maiden report covered a 4-year (2007 to 2010) and showed that over 70 per cent of mining title holders in Nigeria's solid mineral sector are inactive companies, causing Nigeria's ...
NIGERIAN MINERALS AND MINING ACT No. 20 of 2007 MINERALS AND MINING REGULATIONS, 2011 [13th Day of May 20111 In exercise of the powers conferred upon me by virtue of section 21 of thc Nigerian and Mining Act, No. 20 of 2007 and all other powers enabling me in that behalf,
NIGERIAN MINERALS AND MINING ACT,2007. A 486 2007 No. 20 Nigerian Minerals and Mining Act Functions of the Minister. metres of a railway, or which isthe site of, or within fifty metres of, any government or public building, reservoir, dam or public road; (d) that is subject to the provisions of the National Commission for Museums and Monuments Act, Cap.
Sep 21, 2020· Cross River State Governor, Prof. Ben Ayade, has called for the urgent review of the Solid Minerals Act of 2007, which places the exploration and …
Jan 01, 2016· The core legislations applicable to the sector are the Nigerian Minerals and Mining Act of 2007, the Nigerian Minerals and Mining Regulations 2011, and the Guidelines on Mineral Titles Application 2014. Other relevant legislations regulating the industry include the Nuclear Safety and Radiation Protection Act Cap N142 LFN 2004, National ...
Nigerian minerals and mining regulations, 2011. Publication. [Abuja, Nigeria] : Federal Republic of Nigeria, Ministry of Mines and Steel Development, [2011] Physical description. 219 pages ; …
Dec 13, 2013· Nigerian Minerals & Mining Act 2007 Updated. The Nigerian Minerals and Mining Act 2007 ("the Act") was passed into law on March 16, 2007 to repeal the Minerals and Mining Act, No. 34 of 1999 for the purposes of regulating the exploration and exploitation of solid materials in Nigeria. This paper reviews the critical aspects of the Act.
2 Nigerian Minerals and Mining Act 2007, Pub. L. No. 20 (2007) §34. 3 Our distinction is further justified by the proposal to create a separate mineral lease and licensing process for artisanal miners in a new bill that would replace the 2007 Act, and which is currently being considered by the
The Nigerian Civil War in the late 1960s led many expatriate mining experts to leave the country. Mining regulation is handled by the Ministry of Solid Minerals Development, which oversees the management of all mineral resources. Mining law is codified in the Federal Minerals and Mining Act of 1999. Historically, Nigeria's mining industry was
Mar 29, 2007· Legislation on-line The House of Representatives, National Assembly, Nigeria PDF of Act (consulted on ) Abstract/Citation: Chapter 1 - Minerals, Prospecting, Mining and Quarrying. Chapter 2 - Small Scale Mining. Chapter 3 - Possession and Purchase of Minerals. Chapter 4 - Environmental Considerations and Rights of Host Communities.