The National Bureau of Statistics (NBS) said the solid mineral sector contributed only 0.17 per cent to Nigeria’s Gross Domestic Product (GDP) between 2018 and 2022.
Beneath the Surface: The Dark World of Illicit Tin Mining in PlateauNigerian lawmakers violate country’s law, ignore PWD’s needs despite spending N42 billion on renovationsSPECIAL REPORT: How disinformation fueled ethnic tensions in KadunaThe Dark World of Illicit Tin Mining in Plateau
Mr Kago does not possess a mining licence and has engaged in the extractive business for years. When questioned about regulatory officials, he said they only raid mining sites operated by foreigners.Emma Kago’s mining site in Bassa LGA, Plateau State. He said the state government, at the meeting, expressed concern that “there is so much tin production but no commensurate revenue.”The thriving nature of tin mining and trading has caused more residents to leave their regular jobs to venture into artisanal mining or trading.
“I sampled two places before I found this space,” Mr Daniel, 34, said, elated by the tin deposit found in the location.Tin has been mined on the Plateau since colonial times. The tin reserves in Nigeria are “conservatively estimated” to be in excess of 31,000t , with most of it concentrated in the Jos Plateau, according to the Ministry of Mines and Steel Development .
“It’s like a black market,” he said in August. “You buy it from one person and sell it to another person. That person will gather the product and take it to the final company.” At least five tin shed owners interviewed by this newspaper said they buy tin and other mineral resources from miners who bring the products to their tin sheds without asking for mining licences or certificates.
“Mostly it is owned by indigenous people. We call that artisanal mining. When they dig, they bring the material,” Mr Abdullahi said, adding that others form a group like cooperatives to sell their products.The tin sheds owners interviewed said they supply companies such as Malcomines, Ilera Mining Company, Kumar Mining Company, Zyin Mining Group, Associated Mineral Resource Ltd and Emirate Mining and Geominerals Limited.
The highest profit margin“eventually ends with the big buyers,” mainly the tin sheds and exporters, Mr Daspan said. However, the average annual contribution of solid minerals to the GDP since 2019 has been 0.15 per cent.Experts believe that the government’s exclusion of tin from the strategic solid minerals may have contributed to its continuous neglect.on the roadmap, PricewaterCoopers , a research and consultancy firm, suggested that the government re-evaluate the list to include other important minerals, such as tin.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sex demands led to my 14-year absence from Nollywood – Actress Jumoke GeorgeAce Nollywood actress, Jumoke George has revealed the cause of her 14-year absence from the film industry. Jumoke George spoke during an interview on Oyinmomo TV. Speaking about the challenges faced in her career, the actress stated that her dark complexion and refusal to exchange sex for roles led to her prolonged absence.
Read more »
EFCC arraigns Chinese brothers for illegal dealing in solid mineralsThe Chinese brothers, Jiang Wang and Richard Wang were arraigned alongside a Nigerian, Michael Benneth Agu in Enugu on Tuesday, the EFCC said on Friday.
Read more »
Nigeria generates N1.1 trillion from solid minerals between 2007 and 2023Premium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »
NEITI: Solid mining sector recorded N1.37trn revenue in seven yearsThe Nigeria Extractive Industries Transparency Initiative (NEITI) says the solid minerals sector recorded N1.37 trillion in 7 years.
Read more »
Obaseki: I've erected a solid foundation for the next administrationGodwin Obaseki, outgoing Edo governor, says his administration has built a solid foundation in the state.
Read more »
Lobbying for balancing interest and policy outcomes, By Mariam LawalA solid reputation fosters successful lobbying activities and simplifies the process of convincing policymakers.
Read more »