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Jun 25, 2018· Before Your Mining License In Nigeria: What? / How To Get Ready For Your Mining License In Nigeria – Before Your Mining License In Nigeria you need to understand what it cost to obtain a mining licence in Nigeria, requirements for obtaining a mining licence in Nigeria, Simplified Procedure for Obtaining Small Scale Mining Lease, An Overview Of The Nigerian Minerals And Mining .
Any owner, operator, lessee or licensee who assumes control of a mine, opens a new mine or reopens an abandoned mine during any calendar year must obtain a license before mining operations begin. Safety inspections are made by well-qualified and trained inspectors who are stationed in four branch offices and mine rescue stations throughout ...
2 Scope of Permissible Operations for Finance Companies 2 2.1 Regulation of Leasing Business in Nigeria 4 3 Licensing Requirements 6 3.1 Requirements for the grant of licence 6 3.2 Other financial requirements 8 3.3 Conditions Precedent to the Commencement of Operations 8 4 Sources of Funds 10 5 Rendition of Returns 11
4.4 Are there requirements for ownership by indigenous persons or entities? A small-scale mining licence may only be granted to a citizen of Ghana who is at least 18 years old, and is registered by the office of the Minerals Commission in an area designated as a small-scale mining area.
Vision : To be a Leading Regulator in the Oil and Gas Sector Mission : To ensure the sustainable development of Nigeria's Oil and Gas resources across the value chain for our stakeholders through effective regulation, while entrenching world class professionalism, accountability, and transparency
Oct 02, 2017· The Processes of Obtaining Mining Exploration Licence in Nigeria – Mining rights, acquisitions and investment opportunities in Mining in solid mineral sub-sector of the mining industry in Nigeria. Exploration of mineral deposits is the cumulative of operations involved in geological exploration and the relevant tests involved in these operations.
Jun 09, 2010· Procedure for obtaining a Mining Licence in Nigeria A grant of a Mining Licence to a prospective company is subject to proof of economic reserve of the mineral commodity for which a concession is sought. The process involves the company first applying to the Honourable Minister for Certificate of Entry into Mining Industry. The requirements for ...
Apr 07, 2011· Here are the registration requirements and procedures you have to follow in order to obtain a licence from NEPC for the export of Cashew nuts, Ginger roots, Cocoa, Charcoal and others: 1.Your business must be duly registered as a limited liability company (LTD) with the Corporate Affairs commission (CAC) and you must tender a copy of your ...
copy of the registered licence or lease to the Director of Petro leum Resources. 9. Appointment of manager The hold er of an oil exploration licence, oil prospecting licence or oil mining lease shall- (a) appoin t a manager resid ent in Nigeria to supervise the operations under the licence or lease; and
Mar 11, 2014· In recent years, in line with increasing demand and to meet existing potential, the government has streamlined and improved mining laws and regulations. However, a circular issued in June 2012 has significantly slowed down the process through which a company can acquire a mining licence. Following its enactment, in 2013 only 84 mining licences were granted out of a total 5,577 licence ...
Aug 12, 2020· A non-industrial mining licence grants the exclusive right to carry out non-industrial mining within the assigned perimeter; ... According to the Mining Code, the requirements to obtain a licence are as follows: ... Legal Framework For The Operation Of Marginal Fields In Nigeria.
A mining right is granted if: the mineral can be mined optimally; you have the funds and expertise to conduct the proposed mining operation optimally; the financing plan is compatible with the intended mining operation and for the duration thereof; no unacceptable pollution or damage to the environment will occur as a result of the mining operation
(Section 48 and 59 of Nigerian Minerals and Mining Act, 2007 and the Nigeria Minerals and Mining Regulations, 2011. The Nigeria Mining Cadastre Office, on receipt of a valid application, is obliged by law to grant and issue an Exploration Licence within 30days.
The mining of minerals in Nigeria accounts for only 0.3% of its GDP, due to the influence of its vast oil resources. The domestic mining industry is underdeveloped, leading to Nigeria having to import minerals that it could produce domestically, such as salt or iron ore.Rights to ownership of mineral resources is held by the Federal government of Nigeria, which grants titles to organizations ...
Mining license in Nigeria is usually relevant for companies seeking to engage in the mining sector, with or without a mining lease. There are two major types of mining licenses in Nigeria that are relevant and important for every company engaging in mining sector, depending on .
Operating licence 22. Operating licence for mines and civil works companies 23. Operating licence for the storage of explosives 24. Operating licence to sell, deal with or act as broker of explosives 25. Monthly returns in respect of import or export of explosives under an operating licence 26. Operating licence to manufacture explosives 27.
A mining permit may only be issued if: the mineral in question can be mined optimally for two years; the mining area does not exceed 1,5 ha. What you should do. Apply online; Pay the prescribed, non-refundable fee. The system will accept the application if all requirements have been met.
Requirements For Obtaining A Nigerian Driver's License For The First Time. Getting a driver's license in Nigeria doesn't even require much, yet it is still being neglected by many; it is an ideal thing for a driver to follow due process in acquiring the theoretical and practical...
Aug 11, 2020· The Nigeria Mining Cadastre Office, on receipt of a valid application, is obliged by law to grant and issue an Exploration Licence within 30days. A licence will not be granted over any land that is subject of an existing Exploration Licence, Mining Lease, Small Scale Mining Lease, Quarry Lease or closed to prospecting/mining activity (e.g ...
Jan 07, 2019· An oil mining lease – this licence allows full-scale commercial production in a lease area. It is granted to oil prospecting licence holders on the discovery of oil in commercial quantities (at ...
The following describes the procedure and requirements toward applying for a license in both the Class and Individual categories from the Nigerian Communications Commission. An Individual Licence is a type of authorization in which the terms, conditions and obligations, scope and limitations are specific to the service being provided.
4. Most mined products are exported, so if u intend to sell outside Nigeria, you obtain Export License from NEPC. 5. There are rules for operating mining licenses issued.If they not abided by, they are cancelled as was the case with those 600 firms. The Mining act states principally that licenses are guided by 'Use it or Lose It'.
List of most Oil & Gas Operation Permits, licenses & Certificates you may need for Company Registration in Nigeria. Requirements, cost, procedures, etc ... NSITF is one of the requirements to obtain your company DPR permit. Your fee will depend on your staff salary assessment and can be concluded in 5 working days.
3 Definition of "interest in a licence or lease" – Paragraph 2.0 of the Guidelines includes the following definition for interest in a licence or lease – "any arrangement such as PSC, PSA, farm-in or farm-out agreement, sale, purchase, mortgage or other business arrangements by which a right, privilege, power, benefit, gain or advantage in a licence, or lease is transferred to or ...
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