nigerian mining corporation act
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nigerian mining corporation act

NIGERIAN MINING CORPORATION ACT – Nigerian Law ...

Establishment of the Nigerian Mining Corporation. (1) There shall be established a body by the name of the Nigerian Mining Corporation. which shall be a body corporate with perpetual succession and a common seal. (2) The Corporation shall consist of the members mentioned in section 2 of this Act. and the provisions of the First Schedule to this ...

NIGERIAN MINERALS AND MINING ACT,2007

A 486 2007 No. 20 Nigerian Minerals and Mining Act Functions of the Minister. metres of a railway, or which isthe site of, or within fifty metres of, any government or public building, reservoir, dam or public road; (d) that is subject to the provisions of the National Commission for Museums and Monuments Act

Nigerian Mining Corporation - Bureau of Public Enterprises ...

Jan 10, 2006  Nigerian Mining Corporation BACKGROUND The NMC is a Federal Government Public Statutory Corporation established by Decree number 39, as contained in Gazette No 54, Vol. 59 of 1972, and amended by Decree 34 of 1976 (now NMC Act, Cap. 317, 1990).

NIGERIAN MINERALS AND MINING ACT

nigerian minerals and mining act 2007 act no. 20 an act to repeal the minerals and mining act, no. 34 of 1999 and re-enact the nigerian minerals and mining act, 2007 for the purposes of regulating all aspects of the exploration and exploitation of solid minerals in nigeria; and for related purposes.

ACT, 2007 MINING IN NIGERIA –THE NIGERIAN MINERALS

MINING IN NIGERIA –THE NIGERIAN MINERALS AND MINING ACT, 2007 “For long, West Africa has been a destination of choice for mining executives the world over, with countries like Burkina Faso, Ghana, Ivory Coast and Niger being actively explored and mined. N ow, Africa’s most populous nation, Nigeria,

An Overview Of The Nigerian Minerals And Mining Act 2007 ...

Mar 17, 2010  The Nigerian Minerals and Mining Act 2007 ("the Act") was passed into law on March 16, 2007 to repeal the Minerals and Mining Act, No. 34 of 1999 for the purposes of regulating the exploration and exploitation of solid materials in Nigeria. This paper reviews the critical aspects of the Act.

NIGERIAN COAL CORPORATION ACT – Nigerian Law Intellectual ...

Establishment and constitution of the Nigerian Coal Corporation. ... Certain provisions of the Minerals and Mining Act not to apply to the Corporation. Restriction on issue or grant of rights, licences and leases under the Minerals and Mining Act in relation to coal. I5. Prospecting and mining by the Corporation under licence from the President.

Mining Law 2021 Laws and Regulations Nigeria ICLG

Oct 09, 2020  Mining is regulated by the Constitution of the Federal Republic of Nigeria, 1999 (as amended), the Nigerian Minerals and Mining Act, 2007 (the Mining Act) and the Nigerian Minerals and Mining Regulations, 2011 (the Mining Regulations). 1.2 Which Government body/ies administer the mining industry?

Minerals Mines Regulations 2011

NIGERIAN MINERALS AND ACT No. 20 of 2007 MINERALS AND MINING REGULATIONS, 2011 [13th Day of May 201 In exercise ofthc powers conferred upon me by virtue of section 21 ofthc Nigerian and Mining Act, No. 20 of 2007 and all other powers enabling me in that behalf, l, MUSA MOHAMMED SADA, Minister of Mines and Steel Development hereby make the

THE NEW MINERALS AND MINING REGULATIONS, 2011

issued new mining regulations titled the Nigerian Minerals and Mining Regulations 2011 (the ‘Regulations’) which is intended to establish a more coordinated and accountable solid minerals sector in the country and to stamp out the discretionary grant of mineral titles. The Regulations were issued for the purpose of setting out the rules,

LEGISLATIVE UPDATE: NIGERIAN MINING CORPORATION ACT ...

Apr 05, 2020  LEGISLATIVE UPDATE: NIGERIAN MINING CORPORATION ACT (AMENDMENT) BILL, 2020 BEFORE THE HOUSE OF REPRESENTATIVES . The Bill was presented before the House on the 4th of February, 2020 for its first reading. It seeks amendment of the existing Act

nigerian mining corporation act - FFHGE.CH

Nigerian Mining Corporation Bureau of Public. Nigerian Mining Corporation BACKGROUND The NMC is a Federal Government Public Statutory Corporation established by Decree number 39, as contained in Gazette No 54, Vol. 59 of 1972, and amended by Decree 34 of 1976 (now NMC Act

nigeria mineral and mining act

An Overview Of The Nigerian Minerals And Mining Act. The Nigerian Minerals and Mining Act 2007 the Act was passed into law on March 16 2007 to repeal the Minerals and Mining Act No 34 of 1999 for the purposes of regulating the exploration and exploitation of solid materials in Nigeria This paper reviews the critical aspects of the Act . Read More

THE LEGAL AND REGULATORY FRAMEWORKK FOR MINING

into the legal and regulatory framework of the Nigerian mining sector so as to see how ... The principal legislation governing the mining sector is the Minerals and Mining Act of 2007 ably supported by the Minerals and Mining regulations of 2011. Prior to the passage of the Act, the sector was largely neglected and unregulated. ... a company or ...

Nigeria Mining Cadastre Office – The Official Website of ...

About Nigerian Mining Cadastre Office The Mining and Minerals Act (2007) defines the Nigerian Mining Cadastral Office (MCO) as an autonomous body administering mining titles with integrity and in a transparent manner on a "first come, first served" basis.

nigerian mining corporation

THE MINERAL INDUSTRY OF NIGERIA - USGS. Quarr ies Act of 1969, the Nigerian Mining Corporation Act of investment, especially in the solid minerals sector According to 1972, the Gold Trading Act of 1990, and the Investment the Mi nistry of Solid Minerals Development, the country ha d Promotion Decree of 1995

Home Ministry of Mines and Steel Development

• Nigerian Mining Industry Roadmap • Solid Minerals Investment Brochure • Nigerian Minerals and Mining Act 2007 • Guidelines for Mineral Title Applications • National Minerals and Metals Policy • Nigerian Minerals and Mining Regulations 2011 • Royalty Rates in Nigeria

Environmental Law in Nigeria: All You Need To Know

• Nigerian Mining Corporation Act • Nuclear Safety And Radiation Protection Act • Territorial Waters Act • Petroleum Products And Distribution Act ... • The Land Use Act. Points to note. The Nigerian constriction, for one, makes provision for environmental protection and management in

LAWS REGULATING OIL AND GAS INDUSTRY IN NIGERIA

The Nigerian National Petroleum Corporation Act: the Act establishes the NNPC and empowering it to participate directly in petroleum operations on behalf of the federal government; ... The Oil Mining Lease (OML) This is granted only to the holder of an OPL upon satisfaction of all conditions of the license or the Act and having discovered oil ...

Home Page - Bureau of Public Enterprises - BPE

Nigerian Mining Corporation; January 10, 2006 Jos Steel Rolling Company; January 21, 2006 Reviewed Investor’s Guide 2006; January 14, 2006 Investor’s Guide 2006 – Nigeria: the investment magnet of Africa; January 13, 2006 Investor’s Guide 2006 – Favourable Political Environment;

Nigeria Extractive Industries Transparency Initiative

Feb 09, 2021  The ownership and control of all minerals, oil and gas in Nigeria, its territorial waters and exclusive economic zone is vested in the Federal Government based on the provision of section 44(3) of the 1999 Constitution of the Federal Republic of Nigeria.The Federal Government is mandated to manage such natural resources in a manner as may be prescribed by the National Assembly.

AN OVERVIEW OF THE NIGERIAN LOCAL CONTENT ACT

entities engaged in the Nigerian Oil and Gas industry to retain the services of only Nigerian legal practitioners or a firm(s) of Nigerian legal practitioners whose office is located in any part of Nigeria as well as submit a legal services plan (LSP) to the Board. The Act further provides in its schedule a 50% threshold of Nigerian

Land Use Act Chapter L5 Laws of the Federation of Nigeria ...

Land Use Act Chapter L5 Laws of the Federation of Nigeria 2004 Arrangement of Sections Part I General 1. Vesting of land in the state. 2 Control and management of land advisory bodies. 3 Designation of urban areas. 4. Applicable law for the interim management of land. Part II Principles of Land tenure 5. Powers of the Governors in relation to ...

Minerals And Mining (Explosives) Regulations, 2012 (Li 2177)

Minerals and Mining Act, (Act 703), 2006, these Regulations are made this day 20th of March, 2012. Application and general administration Regulation 1—Application (1) These Regulations apply to (a) the conveyance, storage, possession, manufacture and use of explosives for mining

LEGISLATIVE UPDATE: NIGERIAN MINING CORPORATION ACT ...

Apr 05, 2020  LEGISLATIVE UPDATE: NIGERIAN MINING CORPORATION ACT (AMENDMENT) BILL, 2020 BEFORE THE HOUSE OF REPRESENTATIVES . The Bill was presented before the House on the 4th of February, 2020 for its first reading. It seeks amendment of the existing Act

nigeria mineral and mining act

An Overview Of The Nigerian Minerals And Mining Act. The Nigerian Minerals and Mining Act 2007 the Act was passed into law on March 16 2007 to repeal the Minerals and Mining Act No 34 of 1999 for the purposes of regulating the exploration and exploitation of solid materials in Nigeria This paper reviews the critical aspects of the Act . Read More

nigerian mining corporation

THE MINERAL INDUSTRY OF NIGERIA - USGS. Quarr ies Act of 1969, the Nigerian Mining Corporation Act of investment, especially in the solid minerals sector According to 1972, the Gold Trading Act of 1990, and the Investment the Mi nistry of Solid Minerals Development, the country ha d Promotion Decree of 1995

Home Ministry of Mines and Steel Development

• Nigerian Mining Industry Roadmap • Solid Minerals Investment Brochure • Nigerian Minerals and Mining Act 2007 • Guidelines for Mineral Title Applications • National Minerals and Metals Policy • Nigerian Minerals and Mining Regulations 2011 • Royalty Rates in Nigeria

Environmental Law in Nigeria: All You Need To Know

• Nigerian Mining Corporation Act • Nuclear Safety And Radiation Protection Act • Territorial Waters Act • Petroleum Products And Distribution Act ... • The Land Use Act. Points to note. The Nigerian constriction, for one, makes provision for environmental protection and management in

Nigeria Extractive Industries Transparency Initiative

Feb 09, 2021  The ownership and control of all minerals, oil and gas in Nigeria, its territorial waters and exclusive economic zone is vested in the Federal Government based on the provision of section 44(3) of the 1999 Constitution of the Federal Republic of Nigeria.The Federal Government is mandated to manage such natural resources in a manner as may be prescribed by the National Assembly.

AFRICAN MINING LEGISLATION ATLAS

Africa Mining Vision. Adopted by the African Heads of State at the February 2009 African Union summit, the Africa Mining Vision outlines the continent’s long term and

An Overview of the Nigerian Oil and Gas Industry Local ...

Through the Nigerian content Directives that were issued by the Nigerian National Petroleum Corporation (NNPC) as a pre qualification criterion for any contracts executed and the 1 st Schedule of the Petroleum Act, the Local Content initiative is provided through specifically requiring the holder of an Oil Mining Lease (OML) to ensure that ...

Nigerian Coal Corporation - Wikipedia

In 1909, coal was discovered in Enugu, Nigeria. The Ogbete drift mine opened six years later. The Ogbete mine's operations and others in the country were merged into a new corporation in 1950: The Nigerian Coal Corporation. The NCC was tasked with exploiting coal resources, and held a monopoly on coal and coke mining, production, and sales ...

Land Use Act Chapter L5 Laws of the Federation of Nigeria ...

Land Use Act Chapter L5 Laws of the Federation of Nigeria 2004 Arrangement of Sections Part I General 1. Vesting of land in the state. 2 Control and management of land advisory bodies. 3 Designation of urban areas. 4. Applicable law for the interim management of land. Part II Principles of Land tenure 5. Powers of the Governors in relation to ...

OIL, GAS AND OTHER MINERALS TAXATION

Capital Gains Tax Act of 1st April 1967 is the appropriate legislation. The rate used to be 20% until 1996 when the then Military Administration of Late General Sani Abacha reduced the tax rate from 20% to 10%. All capital gains accruing to an individual or corporate body is subject to tax under this act except otherwise stated in the Act.

PETROLEUM PROFITS TAX ACT - PLAC

Trade or business sold or transferred to a Nigerian Company. 17. Trade or business transferred under the Companies and Allied Matters Act. ... "oil prospecting licence" means a licence granted to a company, under the Minerals and Mining Act, for the purpose

Nigeria Gold Mining: Thor Explorations, Segilola Mine and ...

Oct 09, 2020  Nigeria’s first industrial gold project is on course to enter production next year, and its success will be crucial for boosting mining in Africa’s biggest oil producer, the country’s mines ...

OPERATIONS OF THE MINISTRY OF MINES AND MINERALS

The Mines and Minerals Development Act No. 11 of 2015 is the principle legislation of the sector. It covers licensing, procedures for exploration, mining and mineral processing, safety, health and environment in the mining sector. The 2015 Act provides:

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