NATIONAL POLICY ON SOLID MINERALS

A Policy promotes the development of Nigeria's solid minerals sector by providing investment frameworks and regulations. It targets investors, mining companies, artisanal miners, and local communities. This aims to diversify the economy through increased mining activities.

What Is This Policy?

Nigeria's policy framework for the development of its vast solid minerals sector covering gold, tin, columbite, limestone, coal, bitumen, and other mineral resources.

Who Does It Target?

Solid minerals investors and mining companies Artisanal and small-scale miners The Mining Cadastre Office and state mineral regulators Local communities in mineral-rich areas

What Does It Aim to Achieve?

Diversify Nigeria's economy away from oil by developing the solid minerals sector, attract investment in mining, formalise artisanal mining, and ensure communities benefit from mineral resources.

Key Features

Investment Framework: Promotes transparent mineral licensing through the Mining Cadastre Office digital platform. Artisanal Mining: Formalises artisanal and small-scale mining through a licensing and cooperative framework. Community Benefits: Requires mining companies to contribute to community development and environmental rehabilitation. Value Addition: Promotes local processing and value addition of minerals before export.

Current Status

Rollout Stage: Active Coverage: Nationwide solid minerals sector Beneficiaries: Mining investors; mining communities; Nigerian economy Funding: Private mining investment; government support

How to Access

Apply for mining licences at https://www.miningcadastre.gov.ng Comply with environmental and community requirements under the Mining Act Artisanal miners must be licensed and may operate through cooperatives Application method: Mining licences: https://www.miningcadastre.gov.ng

Official Resources

Website: https://www.minesandsteel.gov.ng Contact: Federal Ministry of Mines and Steel Development

Legal Framework

Operates under the Minerals and Mining Act 2007, the Mining Regulations 2011, the Nigerian Investment Promotion Commission Act 1995, the Nigerian Export Promotion Council Act, and the Environmental Impact Assessment Act 1992. Draws on the Extractive Industries Transparency Initiative (EITI) Nigeria framework and the African Mining Vision.