• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, October 8, 2025
  • 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

Association seeks review of mining policy for foreigners

Mining

The Matters Press by The Matters Press
August 4, 2022
Reading Time: 2 mins read
0
Nigeria showcases minerals to woo investors

Minerals

The Miners Association of Nigeria (MAN) has called for the review of 100 per cent mining assets ownership policy accorded to foreign nationals to curtail insecurity in the country.

RELATED POSTS

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Atiku’s hunger revolution, delusional – TMSG

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

Alhaji Musa Muhammad, Acting National President of the association made the call while briefing newsmen on Wednesday in Abuja.

Muhammad said it became imperative for the Federal Government to review the policy as the policy had given the foreigners indiscriminate access to mining locations across the county.

He said that the policy should be reviewed in the interest of national security.

He said that under the recent Executive Order, foreign nationals should be prevented from entering mining sites during this period of national security emergency.

“Association is aware of the various statutes regulating the incorporation of companies in the country, neither are we ignorant of the possibility of existing bilateral and multilateral treaties and agreements that may be binding on Nigeria.

“But the presence of these foreigners, especially those of the Asian and European extractions is a major attraction for kidnappers into the mining sites.

“The Ministry of Mines and Steel Development should review this policy and encourage partnership with indigenous operators who will oversee and manage the investments of their foreign partners,” he said.

He said that major challenges facing the sector were lack of enforcement capacities in terms of human, logistics and infrastructure to actualise the dreams, aspirations, and sectoral expectations envisioned in the various statutory, regulatory and policy documents.

“The vision of the Association is to positively engage the government to provide enabling environment for mining activities to thrive, while her mission statement is to move mining activities to greater heights,” he added.

He said that the banning of mining activities in Zamfara and Katsina States had only succeeded in getting the legitimate operators out of their concessions and providing hideouts for criminals.

“The ban on mining activities in Zamfara, Katsina and Niger States should be reversed so that licensed mine owners can relocate to their mines and team with our security agencies to combat the bandits feasting on their legitimate concessions,” he said.

Muhammad said that the Remote Sensing and Monitoring Systems, an initiative launched in February 2020 by the Ministry of Mines and Steel Development, should be considered for implementation and installation in all mining locations.

“The initiative can be concretised through a multi-agency approach by the Ministry of Mines and Steel Development, Ministry of Communications and Digital Economy, Nigerian Police, Miners Association of Nigeria among others.

“More digitised surveillance system for advance warnings, via continuous monitoring should be procured with adequate administrative and security personnel to enforce compliance with various regulatory policies and security protocols.

“The Artisans and Small Scale Mining Department should be empowered with personnel and logistics to provide the extension services as provided in section 91 of the Nigerian Minerals and Mining Act, 2007,” he said.

He said that government should accord the solid minerals sector similar attention and funding models as applied to agricultural sector.

“The government, through the funding agencies, should engage MAN to review the conditions to access the various intervention facilities meant for the sector,” he said.

He said lack of growth in the sector and the presence of all forms of illegality and criminality could be traced to poor regulatory enforcement capacity and extension service workers as provided in section 91 of the Nigeria Minerals and Mining Act 2007.

He called on the Federal Government to establish Solid Mineral Development Bank that could give loans to miners at two per cent digit rate, as mining operations are capital intensive.

Tags: Mining
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
NBS reports increase in Inflation
Economy/Technology

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

September 17, 2025
Old pension scheme beneficiaries get a boost in entitlements
Economy/Technology

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

September 14, 2025
Next Post
Zulum meets with farmers, gives reason for shortage of fertiliser

Zulum meets with farmers, gives reason for shortage of fertiliser

Biosafety agency assures Nigerians of harmless products

Biosafety agency assures Nigerians of harmless products

Recommended Stories

SON alerts on second hand gas cylinders

Seplat, NLNG proffer solutions to Nigeria’s gas crisis

July 6, 2022
El-Rufai makes progress in education, others

Kaduna state records 82.2% budget performance

February 1, 2023
Trading in Nigerian stock market dips further N83bn

Airtel, others boost equity market as investors gain N980bn

February 15, 2024

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

  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎
  • Atiku’s hunger revolution, delusional – TMSG
  • ‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

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