The ministry of mines and steel development in a statement issued by Mohammed Abbas, the permanent secretary, on Sunday, denied claims that it spent N700 million to build a website. Abbas, in the statement, said the expenditure is for IT Infrastructure, human capital and civil works — and not a website. He said: “It is important for […]
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The solid minerals, Kayode Fayemi, has disclosed that Bitumen exploration would start soon in Ondo state and other parts of the country. Fayemi made the promise on Saturday after he was conferred with an honorary doctorate degree in Public Administration at the 5th Convocation of Achievers University, Owo. Fayemi said he was happy to be […]
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Governor Ayodele Fayose of Ekiti State, has boasted that he will defeat Kayode Fayemi, his predecessor, should he decide to contest against him in the 2018 governorship election in the state. Fayose also accused the minister of solid minerals development of boasting that the supreme court would be made to review its judgment of April […]
Continue ReadingThe Federal Executive Council (FEC) on Wednesday approved N30 billion Intervention Fund for the nation’s mining sector.The Minister of Mines and Steel Development, Dr Kayode Fayemi, who made this known at the end of the FEC meeting in Abuja, said the fund would come from 1.68 per cent of the Federation Account. He said that […]
Continue ReadingAccording to The Australian, an Australian national newspaper, a private Australian consortium has discovered a potentially “world class and highly unusual” Nickel deposit in Nigeria.The private mining firm is reportedly headed by Hugh Morgan, a mining industry veteran. “The discovery is unusual because the nickel is found in small balls up to 3mm in diameter […]
Continue ReadingNigeria’s minister of solid minerals, Dr. Kayode Fayemi, has expressed optimism in the possibility of generating 1000 mega watts of electricity from coal by year 2020 to supplement other sources of energy currently in use in the country. Fayemi, disclosed this at an Economic Summit organised by the New Telegraph newspapers with the theme, “Nigeria: […]
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