Finally, it is time to identify the various components of the Nigerian mining industry. Just like it happens all across the world, Nigeria also classifies the 3 main components: Exploration; Mining; Processing and selling minerals; Each component of Nigeria mining industry is extremely important and very expensive.
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Nigeria is Africa's largest oil producer and contributes 3% to global production. As a result, the mining industry has been neglected and has only been rekindled by the Ministry of Solid Mineral Development, intent in increasing the role of this sector of Nigeria's economy. The Ministry, in conjunction with assistance from South Africa,...
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