• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, January 8, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Nigeria attains self-sufficiency in Barite

Barite

The Matters Press by The Matters Press
April 2, 2022
Reading Time: 2 mins read
0
Nigeria attains self-sufficiency in Barite

The Federal Government says the country has attained self-sufficiency in Barite production and will no longer need to import the mineral from October this year.

RELATED POSTS

TDF welcomes joint US/Nigeria operations against terrorists in Sokoto

Tinubu building a more modern, combat -ready military – IMPI ‎

Tinubu’s defence spending not shrouded in secrecy – IMPI

Barite is a mineral that is used in the oil and gas industry. Nigeria imports about 300 million dollars’ worth of barite every year from Morocco.

The Minister of Mines and Steel Development, Olamilekan Adegbite, said this on Thursday in Abuja during the weekly ministerial briefing organised by the Presidential Communications Team.

According to the minister, the Buhari-led administration is doing everything within its powers to upgrade the mining sector.

“Thank God, in October 2021, we were able to inaugurate made in Nigeria barite only produced in Nigeria up to industrial standard and it meets international standards and is measured by the American Petroleum Institute (API).

“Since it meets all international standards, nobody has to import barite into Nigeria again from October this year, and that system is still in place and there will be one transparent platform.

“Where you put in your request from the miners to the processors and people who will bag it, everything is online.

“We are now sufficient in barite production and we can now export to places like Ghana and South Africa, where they don’t have barite and they also do exploration. At least we are closer to them than Morocco.”

On the long awaited completion of Ajaokuta Steel Company, the minister admitted that the current administration will not be able to complete the project in 2022 as earlier promised.

He identified the COVID-19 pandemic and the ongoing Russia-Ukraine war as factors frustrating the completion of the steel project.

“The Federal Government had before the pandemic, successfully convinced Russia to complete the steel facility but could not proceed with the negotiations due to what he called force-majeure brought about by the COVID-19 pandemic.

“The deal with Russia involved a two million dollar fee for technical audit required to ascertain the state of the facility before works would begin.

“President Buhari graciously approved that money and we made frantic efforts to continue the negotiations with Russia after the lockdown, but progress was stalled again due to the current conflict between Russia and Ukraine.”

Adegbite, however, noted that government would initiate irreversible processes to ensure the resumption and eventual completion of the steel facility, possibly, beyond the Buhari administration.

Fielding questions on the gold mining in Zamfara, the minister said the government had halted mining activities in the area because the conflict in Zamfara had gone beyond mining.

The minister disclosed that the Federal Government had intensified efforts against illegal mining across the country.

“We try to nip them in the bud wherever they rear their heads. With the community reporting to us, we have a quick intervention force. We can’t be proactive, it is too expensive to maintain. But we have a quick intervention force.

“If we hear any (illegal) mining happening in any nook and cranny, we move in there and dislodge them. Those that are arrested, we confiscate their equipment and they are prosecuted,’’ he said.

Tags: Barite
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Gombe: Troops take over to enforce peace
News

TDF welcomes joint US/Nigeria operations against terrorists in Sokoto

December 27, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
News

Tinubu building a more modern, combat -ready military – IMPI ‎

December 22, 2025
Fishermen hail army over retake of Baga
News

Tinubu’s defence spending not shrouded in secrecy – IMPI

December 22, 2025
NBS reports increase in Inflation
Economy/Technology

‎IMPI Hinges 14% Year-End Inflation Forecast on Deep Analysis of Tinubu Reforms

December 18, 2025
Gombe: Troops take over to enforce peace
News

Rescue of 100 abducted students shows Tinubu’s proven commitment to national security – TMSG

December 11, 2025
Nigerians kick against re-opening of schools as COVID-19 bites harder
Economy/Technology

Disbursement of N4.7b TVET stipends, way to go in skill acquisition – TMV

December 11, 2025
Next Post
DMO releases bonds issuance calendar

Economic diversification, improved revenue will reduce debt burden – DMO

Council seeks incentives to boost indigenous ship operations

Nigeria expects 27 ships with petroleum products

Recommended Stories

Reps resolve Buhari to present budget

Reps resolve Buhari to present budget

December 18, 2018
Army closing in on Leah’s abductors, kills one

Army closing in on Leah’s abductors, kills one

November 18, 2018
NIMASA moves against illegal fishing in Nigerian waters

NIMASA, NiMet sign MoU to improve maritime sector security

March 10, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • TDF welcomes joint US/Nigeria operations against terrorists in Sokoto
  • Tinubu building a more modern, combat -ready military – IMPI ‎
  • Tinubu’s defence spending not shrouded in secrecy – IMPI

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us