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Nigeria Develops New Legal and Regulation for Mining Exploration and Industry
Nigeria has developed a new legal and regulatory framework for mining, in addition to carrying out a number of institutional reforms, the country’s Minister of Mines and Steel, Deziani Allison-Madueke, said here Friday.
Nigeria Mine Policy : Mining Companies Exploration Urge Safe Environment
Nigerian President Umaru Yar’Adua said on 13 June that the country’s energy infrastructure has become so decrepit he will soon have to call a ’state of emergency’. Nigerian environmental experts are urging the government to consider reintroducing coal mining to end the crisis, a move they say would also slow forest loss and desertification.
“Nigeria has [...]
World Bank Effort Mining Exploration Sector Expensive in Nigeria $14m
The World Bank and four other Nigerian banks have donated $14 million (N1.6 billion) to the Federal Government for the strengthening of the nation’s artisanal mining sector.
Minister of Mines and Steel Development, Alhaji Sarafa Isola said this in Sokoto, when he paid a courtesy call on the Sokoto State acting Governor, Alhaji Abdullahi Salame.
He said [...]
OphiraVencap Inc. Announces Proposed Qualifying Transaction with North Sea Energy Inc.
OphiraVencap Inc. (”OPHIRA”) announces that on July 27, 2007 it signed a Letter of Intent (the “Letter of Intent”) with North Sea Energy Inc. (”NORTH SEA”), an arm’s length party, for the potential acquisition of all the issued and outstanding shares of NORTH SEA whether directly, by way of three cornered amalgamation, or by merger [...]
Nigeria: Mitigating Climate Change in Nigeria
Nigeria is a party to both the Montreal and Kyoto Protocols, where all signatories agreed to combat climate change by participating actively in phasing out all ozone layer depleting substances, and reduce greenhouse gases emissions, through the implementation of corresponding national programmes based on informed policy decisions.
The Brussels Declaration that developed countries (Annex 1 Emitters), [...]
IMICON 2007 to Spur Mining Expansion in Nigeria
The nation’s mining sector is on the threshold of a major expansion, as the 2nd International Mining Investment Conference and Exhibition on Nigeria (IMICON 2007) will take place from February 13 to 15 2007, at the Transcorp Hilton Hotel, Abuja.
The forum, described as the biggest annual mining event in the country, is being organised by [...]
Oil Bloc Acquisition: Between Discretionary Allocation and Open Bidding
With the next bid round expected soon, Niyi Ayoola-Daniels Esq examines the law and practice of oil bloc acquisition in Nigeria and argues that Nigeria should place national interest above sweet-coated globalisation principles
This write up examines the law and practice of Oil Bloc Acquisition in Nigeria. An attempt would be made to put [...]
In Africa, China Trade Brings Growth, Unease
Every time newspaper publisher Trevor Ncube visits his native Zimbabwe, he said, there seem to be more Chinese. He sees them shopping at boutiques, driving fancy cars, picking up their children from elite private schools.
And as in much of Africa, Ncube said, China’s reach into Zimbabwe’s economy is equally pervasive: The roads are filled with [...]
