Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Nigeria

Nigeria discovers 44 mineral deposits in 500 locations

bySadar Kareem
18/11/2015
in Nigeria
Share on FacebookShare on Twitter

You might also like

Singapore, Nigeria trade volume hits N846b

04/08/2017

Nigeria imports goods worth N6.7trn in 2015

17/07/2017

ABUJA: The Ministry of Solid Mineral Development said 44 different types of minerals had been discovered in 500 locations across the country.
Mr Sanusi Jubril, Head of Mineral and Metal Promotion Centre of the ministry, announced this in an interview in Abuja.
Jubril said the minerals could be used for industrial and domestic purposes, adding that more would soon be discovered as research continued.
According to him, Nigeria is blessed with coppers that can be used for electrical appliances.
“We have the rare minerals mainly used for high-tech and they are available in abundance in Nasarawa, Zamfara, among others.
“We have kaolin deposit across the country in abundance for industrial use; it is used for the production of papers, paints, rubbers, drugs, tyres and pen, among others.
“Gypsum is also a mineral meant for industrial use such as building plaster, prefabricated wallboard, cement manufacture and for agriculture.
“We have limestone, coal, lithium, platinum, granite and gold, among others,’’ he said.
He said that coal could be converted to coal-briquette to warm the rooms during harmatan and could also be used for cooking, adding that it could generate heat higher than charcoal.
“Coal briquette is environmental friendly; it does not suffocate, smoke and it generates heat higher than charcoal.’’
He said all the minerals could boost the Gross Domestic Product (GDP) of Nigeria since President Muhammadu Buhari had planned to diversify Nigeria from crude oil to solid mineral.
On Ajaokuta steel industry, he said it was the largest in Africa and could be revived because the size, population of Nigeria and its developmental stage needed huge consumption of steel.
“ With the size and population of Nigeria and being the largest economy in Africa, we have no choice but to revive all our steel industries.
“We have a comparative advantage within the West Africa sub region, if Ajaokuta steel company comes on board it will meet domestic needs and will exploit Africa sub regional market.’’
He, however, said the measure of industrial and developmental progress of any country depended on its level of steel industry.
He assured Nigerians that the two ministers deployed to the Ministry of Solid Mineral Development came with wealth of experience and would move the nation forward through the sector.
He said the ministry already had a road map and strategies for the development of the sector, adding that it would serve as guide for them to work with.

Tags: Nigeria discovers 44 mineral deposits in 500 locations

Related Stories

Singapore, Nigeria trade volume hits N846b

byCT Report
04/08/2017

SINGAPORE: The trade volume between Nigeria and Singapore reached N846bn from 2011 to 2015, while the absolute balance of trade...

Nigeria imports goods worth N6.7trn in 2015

byCT Report
17/07/2017

KANO: Nigeria expended more than N6.7 trillion in 2015 on the importation of goods that the country can produce locally,...

Nigeria: Customs generates N239b in Q1

byCT Report
29/06/2017

ABUJA: The Nigerian Custom Service (NCS) has generated N239.4 billion in the first quarter of 2017, exceeding its target of...

UK, Nigerian firms seal franchise deal on toy business

byCT Report
15/02/2017

LONDON: World’s famous British toy shop, Hamleys, has officially announced the signing of the development agreement for the Hamleys franchise...

Next Post

Nigeria’s finance minister makes non-oil revenues top priority

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.