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WhatsAppGet PriceGet A QuoteNigeria as a country is blessed with abundance of many resources which include stones, precious metals and minerals. Following the history of the Nigerian mining, In the early 70s, Nigeria was a major importer of coal, tin, and columbite, as such, Nigeria made a lot or revenue from the exportation process.
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WhatsAppGet PriceGet A QuoteThe mining of minerals in Nigeria accounts for only 0.3% of its gross domestic product, due to the influence of its vast oil resources. The domestic mining industry is underdeveloped, leading to Nigeria having to import minerals that it could produce domestically, such as salt or iron ore.
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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 monopolized by state-owned public corporations.
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WhatsAppGet PriceGet A Quote01-08-2019· The largest industries which drive the country''s economy and account for the bulk of its annual GDP are its petroleum, tourism, agriculture, and mining industries. The biggest industries in the country also employ a large number of the country''s workforce with the agricultural industry alone employing about 30% of the country''s total labor force.
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Mining industry of Nigeria - Wikipedia, the free encyclopedia The mining of minerals in Nigeria accounts for only 0.3% of its GDP, due to the influence of its vast oil resources. components of the nigerian mining industry
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