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Solid Minerals Revenue Rises By 54%
The Nigerian Extractive Industries Transparency Initiative has said That revenue from the solid minerals sector to the Federation Account rose by 54 percent in 2020 to N128 billion compared to N75 billion recorded in 2019. This was disclosed in an audit report of the mining sector. NEITI in a statement by its Head, Communications &…
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Nigeria Imports N143bn Solid Minerals In Nine Months
From January to September 2021, Nigeria imported solid minerals worth N143.1bn. This is according to data collated from the National Bureau of Statistics which showed that the country exported N42.5bn solid minerals in the nine-month period, less than 30 percent of what it imported. It said, “The total value of trade in solid mineral goods…