Nigerian Mining Licenses And Mining Rights Are Managed By

House of Representatives Sectoral Debates

May 17 2016For this reason the reformed Mining Cadastre office adopted a "first-come-first-served" and non-discretionary granting of mineral titles rule Today the MCO issues 6 types of licenses and permits to cover all activities from exploration to mineral production Licenses can be granted in 30 – 45 days using transparent rules and regulations Get price

OML 11 Presidency orders NNPC to take over entire

Adewale aolu Twenty Sixyears after oil exploration came to an end in Oil Mining Lease (OML) 11 located in Ogoni Rivers State the Presidency has directed the Nigerian National Petroleum Corporation (NNPC) to take over the operatorship of the oil asset A letter in possession of Daily Sun with reference number SH/COS/24/A/8540 addressed to the Group Managing Director of NNPC Mr Get price

Nigeria's Solid Minerals As A Source Of Economic

Nigerian Minerals and Mining Regulations 2011 (the 'Regulations') 2 The Federal Ministry of Mines and Steel Development (the 'Ministry') recently 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 Get price

Shell in talks to sell $2 billion Nigerian oil asset

The Royal Dutch Shell Plc is in talks to sell two Nigerian oil licenses for $2 billion people familiar with the plan told Bloomberg The Anglo-Dutch oil major is discussing selling oil mining licenses 11 and 17 to Heirs Holdings Ltd a company run by Nigerian tycoon Tony Elumelu Get price

Shell in talks to sell US$2b Nigeria oil assets Energy

Jul 21 2018[LONDON] Royal Dutch Shell Plc is in talks to sell two Nigerian oil licenses in an area that's at the heart of environmental and human rights controversies for US$2 billion according to people familiar with the plan Get price

Simple Guide To Obtaining A Power Generation Licence In

Simple Guide To Obtaining A Power Generation Licence In Nigeria (Part One) The Nigerian Electricity Regulatory Commission ("NERC") regulates activities in the Nigerian Electricity Supply Industry ("NESI") as stipulated by the Electric Power Sector Reform Act ("EPSRA") 2005 etc regarding the rights and obligations of a Get price

Profile

We are an Indigenous Nigeria company registered under the Nigerian law as a Mining Exploration Mineral processing and export company The company was founded operated and managed in 2008 under a business name Elipse international solutions but was later incorporated into law in Get price

Igoma Emenike

Involved in the organization and project management of the ''Regional capacity building on Child Rights Advocacy' training Involved in the successful planning and execution of the "ECOWAS Model Mining and Minerals Development Act (EMMMDA)" workshop Abuja Managed the receptionist area including greeting guests and responding to Get price

Local Content Participation In Nigeria

The Act which defines a Nigerian Company to mean a Company registered in Nigeria in accordance with the provisions of the CAMA with not less than 51% (fifty-one percent) equity shares owned by Nigerians mandates investors in the sector to consider Nigerian content as an important element in their project development and management philosophy Get price

Nigeria's Oranto to work with Russia's Rosneft in 21 oil

May 24 2018Oranto Petroleum along with is sister company Atlas Petroleum International currently holds 22 oil and gas licenses in 11 African countries In October Uganda issued two new oil exploration licenses to Oranto Petroleum paving the way for the Nigerian company to start exploration activities in the country's Lake Albertine rift basin Get price

Duties of Directors

Mining Company Limited and others 2006 (5) SA 333 (W) emphasising the broader responsibility of the directors and the company In this case the court made direct reference to the King Code which is interpreted by some as evidence that the King Code has de facto become part of the duties of directors The Act codifies the standard of directors'Get price

Jamis Minerals engages in mining activities and mineral

Our mining business is registered under the Nigerian law as an indigenous company to carry our Mining Exploration Mineral processing and export We hold the rights and licenses to explore and mine rich commercial mineral deposits Get price

Industrial Policy in Nigeria Opportunities and Challenges

The structure of the Nigerian economy is typical of an underdeveloped country Between 2011 and 2012 the primary sector in particular the oil and gas sector dominated GDP accounting for over 95 per cent of export earnings and about 85 per cent of government revenue The industrial sector accounts for 6 per cent of economic activity while in 2011 the manufacturing sector contributed only Get price

Tony Elumelu Set to acquire two oil licenses from Shell

Jul 24 2018Bloomberg News reports that the oil mining licenses 11 and 17 of the oil giant might be sold for $2 billion According to the report included in the sale are infrastructure assets such as a natural gas-fired power plant that would be managed by Transnational Corporation of Nigeria Plc another company owned by Tony Elumelu Shell's oil assetsGet price

Shell in Talks to Sell $2 Billion Nigeria Oil Assets

July 23 2018 [Bloomberg] - Royal Dutch Shell Plc is in talks to sell two Nigerian oil licenses in an area that's at the heart of environmental and human rights controversies for $2 billion according to people familiar with the plan Get price

ETA

Eta-Zuma group Ltd has built a solid reputation for market excellence drawing on a rich history and a strong heritage of quality stability and innovative leadership in the Nigerian business circuit TA-Zuma Group is a conglomerate with diverse business interests in various industries The following are core business areas of the group Get price

Coal Lignite and Coke

The Nigerian Mining Cadastre Office manages all the Nigerian mining licenses and mining rights They are a subsiary of the Ministry of Mines and Steel Development of the Federal Republic of Nigeria Gold Illegal miners in Itagun Osun State gathering their gold finds in pan This was the pattern coal corporation was managed There was also Get price

Agricultural law in Nigeria overview

Agricultural law in Nigeria overviewby Oludayo G Amokaye Dayo Amokaye Co Related ContentA QA guide to agriculture law in Nigeria The QA gives a high level overview of agricultural law including acquiring agricultural companies and co-operatives competition law land ownership and usage rights pricing and tender processes tax and financing crop seed business importing crop seeds Get price

A Critique of the sanctity of OPL OML within the context

A CRITIQUE OF THE SANCTITY OF OIL PROSPECTING LICENSES (OPL) AND OIL MINING LEASES (OML) IN NIGERIA WITHIN THE CONTEXT OF NIGERIAN NATIONAL PETROLEUM CORPORATION (NNPC) VS FAMFA OIL LIMITED (2012) 17 N W L R Pt 148/(2012) C L R 5(a)(SC) A Critique of the sanctity of OPL OML within the context of the NNPC - Read (3121) Monday October Get price

Petroleum Exploration and Production Past and Present

Petroleum exploration and production in the Nigeria's Niger Delta region and export of oil and gas resources by the petroleum sector has substantially improved the nation's economy over the past five decades However activities associated with petroleum exploration development and production operations have local detrimental and significant impacts on the atmosphere soils and sediments Get price

Vitol led consortium acquires Nigerian deepwater producing

Nov 01 2018Vitol led consortium acquires Nigerian deepwater producing assets from Petrobras Nov 1 2018 A consortium led by Vitol and comprising Africa Oil (25%) Delonex (25%) and Vitol (50%) has entered into a Share Purchase Agreement ('SPA') to acquire a 50% ownership interest in Petrobras Oil and Gas B V for $1 407 billion Get price

Gold Digging Careers in Rural East Africa Small

A progression up the functional small-scale mining hierarchy exists All but two of the 24 pit holders and claim owners started their mining careers as diggers and managed to work their way up to their current position Pit holders have a higher mobility than any other group They have visited more sites and spent less time on each site Get price

FG revokes six oil licences to 'recover legacy debts

The Department of Petroleum Resources (DPR) has revoked five oil mining lease (OML) and one oil prospecting licence (OPL) belonging to five companies In a public notice issued on Thursday the regulatory body said the revocation was based on a presidential directive to "recover legacy debts" owed by the companies operating the licences Get price

Extractive Industries Transparency Initiative

For mining companies and investors the EITI implementation will reduce political and reputation risks and will contribute to determination of equal rules of the game Political instability caused by opaque governance is a threat to investments Get price

importance of minerals to nigeria economy

Apr 22 2013importance of minerals to nigeria economy Nigeria – An Economic Analysis of Natural Resources Sustainability for the Mining of the Nigerian economy as the environment within which the solid There are tremendous opportunities for investments in the solid mineral sector of the Nigerian economy Prospecting licenses for Get price

Investing In Quarry Mining Plant

The announcement by the Acting President Prof Yemi Osinbajo at the recently held Nigeria Mining Summit in Abuja that the federal Government is working towards new mining sector fund of $600 million to be raised via Nigeria Sovereign Investment Authority (NSIA) Nigeria Stock Exchange (NSE) and other investors may have opened a new vista of opportunities for those that intend to venture Get price

Shell in talks to sell $2b in Nigerian oil assets

Jul 20 2018Royal Dutch Shell Plc is in talks to sell two Nigerian oil licenses for $2 billion in an area at the heart of environmental and human rights controversies according to Bloomberg The Anglo-Dutch oil major is discussing selling oil-mining licenses 11 and 17 to Heirs Holding a company run by Nigerian-tycoon Tony Elumelu Get price

International Journal of Asian Social Science

International Journal of Asian Social Science 2013 3(5) 1152-1165 1154 are identifiable non-monetary assets without physical substance From the definitions it is evident that the keywords in recording intangible assets are that they must be identifiable and recognizable Get price

Shell in talks to sell $2 billion Nigeria oil assets

Jul 22 2018R oyal Dutch Shell Plc is in talks to sell two Nigerian oil licenses in an area that's at the heart of environmental and human rights controversies for $2 billion according to people familiar with the plan The Anglo-Dutch oil major is discussing selling oil mining licenses 11 and 17 to Heirs Holdings Ltd a company run by Nigerian tycoon Tony Elumelu the people said Get price

As Former NMA Director General Responds Mines Ministry

Jun 14 2019Sahr Wonday served as NMA Director General from 2013 to December 2018 and has prevailed over the issuance of exploration and mining licenses to several mining and oil gas companies that stormed the country in the hey days of the sector when Sierra Leone was ranked as the fastest growing economy in the world Get price

Local Content

LOCAL CONTENT Nigeria – Petroleum contracts and non-binding policies and frameworks dealing with local content issues in the mining and petroleum awards of licenses Plans •Nigerian content plan required explaining how first consideration will be given to Nigerians and Nigerian Get price

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