ve argued and made a lot of presentations on the need for the country to come up w

Many Nigerians have argued and made a thehappyworld.org lot of presentations on the need for the country to come up with more sectors and multiply the revenue streams of the country. When democracy gained prominence in 1999, President Obasanjo worked tirelessly in putting in place a mechanism for diversification of the country’s revenue and as far as the mining sector is concerned, the Nigerian Minerals and Mining Act was inaugurated in 2007 to revive the mining sector in Nigeria.

It should be noted that though over 40 different minerals are scattered across Nigeria, some of them are not available in thehelloamerica.com quantities. The Ministry Nigeria 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. However, this exportation process and other thesecretoftime.net activities in the mining sector suffered premature death when crude oil was discovered.

of Mines and Steel Development in its mining sector reformation strategy identified seven (7) minerals for strategic and priority development. The identified minerals are Iron ore, Coal, Lead/Zinc, Bitumen, Gold, Limestone and Barite.


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