General
Nigeria’s Mines Ministry Spends N700m for Web Portal
By Modupe Gbadeyanka
Minister of Mines and Steel Development (MMSD), Mr Kayode Fayemi, has disclosed that the sum of N700 million (almost $2 million) was used to develop the ministry’s Integrated Automation and Interactive GIS Web Portal aimed to improve Ease of Doing Business in the mining sector.
Speaking at the launch of the portal in Abuja on Thursday, the Minister explained that the overall objective of the project was to increase provision of reliable information and knowledge to enhance promotion of investment in the sector using technology driven innovation.
According to him, “This would in turn help increase the sector’s GDP contribution significantly.”
He further said, “Part of the deliverables of this project, among others, include: Business Processes Re-engineering, building of a GIS Web Portal with a Business Automation System, Content Management System (CMS), Geographic Information System (GIS), Decision Support System, collaboration and upgrade of the ICT Infrastructure of the Ministry.”
The Minister noted that with the launch of the portal, the country has now joined the league of jurisdictions in the global mining space that have deployed technology towards achieving transparency and ease of doing business in mineral sector governance.
Mr Fayemi, who demonstrated some geological enquiries on the GIS web portal (www.portal.minesandsteel.gov.ng), during the inauguration, said the e-platform would aid the steady growth of the mining sector and contribute to the realisation of the administration’s goal of diversifying the economy’s revenue base, creating jobs, and broadening the range of economic opportunities available to Nigerians.
He noted that while new technology would further reduce the time spent on various processes in the sector as information can now be assessed from any parts of the world, just as transaction could be done from any location.
He listed some of the tasks to be performed by the Web portal to include online processing of mining licenses and mineral titles application; online payment of royalties and fees; as well as database for revenue drive; business intelligence analysis, reports and statistical data generation.
Others include GIS mapping representation of resources within the country; Side stream along the mineral corridor, Deployment of Electronic Document Management System (EDMs); Provision of GIS Laboratory; Provision of Data Centre at Ministry’s Headquarters; Provision of Disaster Recovery facilities within Nigeria; Training on GIS, ERP, EDMs and portal navigation.
“The strategy adopted for Go-Live is incremental in nature. Today we are unveiling the following: Content Management System for the Ministry and its Agencies: Market Place comprising of Minerals Commodity Price, certified list of COMEG members, List of mining operators with valid licenses & related minerals they trade on etc.
“Online Application of Licenses and Permit issued by Artisanal and Small Scale Department such as: Formalization of Artisanal Miners, Registration of a Small-Scale Operator, Registration of Private Mineral Buying Centres, Renewal of Private Mineral Buying Centres.
“Administration Module with Internal Document Management System, Development of Workflow Approval Engine, Integration between Main Portal and GIS portal, Development of electronic payment platform, GIS Portal – Executive Dashboard and Application portal, Payment Integration with REMITA, Helpdesk Solution – Live chat, Development of Internal Users Reports and Dashboard,” the Minister said.
Also speaking at the event, Minister of State for Mines and Steel Development, Mr Abubakar Bawa Bwari, said when he and Mr Fayemi first reported at the ministry, they met a sector that was moribund and seemed to lack both the wherewithal and the will to carry on.
He said the duo however resolved to make a mark in the sector.
“We designed a roadmap that we hoped will take us out of the doldrums and lead us on the path to shared mining prosperity. Anyone who looks at our roadmap will notice that we have made plans that will in time make this nation a mining destination again.
“Some of these plans, like the legitimisation of artisanal miners, improved funding for the sector, ensuring greater cooperation between states and the federal government, and raising the contribution of mining to GDP, have achieved modest success.
“However, when you consider the huge potentials we have in the sector and compare that to what we presently contribute to the GDP, you will agree with me that the gap is just too much. Some of causes of this could have been avoided if in the past we had been more careful as a country,” the junior Minister said.
General
NCSP Strengthens Strategic Investment Cooperation With China
By Adedapo Adesanya
The Nigeria–China Strategic Partnership (NCSP) recently hosted a high-level delegation from Newryton International Industrial Development Company Limited, a leading Chinese investment and industrial development consortium, to advance discussions on deepening bilateral trade, industrial cooperation, and development financing between both countries.
The Newryton delegation, led by Mr David Chen, Assistant Secretary-General of the China Hainan Investment Council, had earlier engaged with the Nigerian Association of Commerce, Industry, Mines and Agriculture (NACCIMA). They were accompanied to the NCSP by Mr Joe Onyuike, Vice-Chairman of NACCIMA’s Agriculture and Livestock Trade Group, who conveyed NACCIMA’s support for the delegation’s engagements.
Discussions centered on the establishment of a Nigeria–China Trade and Investment Platform, including a proposed Promotion Centre in China to support Nigerian products, investors, and state governments.
The consortium also presented opportunities within Hainan Province’s Free Trade Port (FTP), which offers preferential policies that Nigerian businesses can leverage to expand exports and attract new investments.
In his address on behalf of Newryton, Mr Pong outlined plans to collaborate with NCSP in accessing FOCAC-supported financing for strategic investments in agriculture, energy, mining, solid minerals processing, and related sectors. The delegation identified aquaculture as a key area of interest and referenced the forthcoming Global Aquaculture Conference in Hainan Province, encouraging Nigerian stakeholders to participate.
They also expressed readiness to strengthen cooperation in vocational training and employment under the Belt and Road Initiative (BRI).
Welcoming the delegation on behalf of the Director-General, Martins Olajide, NCSP’s Head of Internal Operations, reaffirmed the organisation’s commitment to fostering mutually beneficial partnerships.
He highlighted NCSP’s strong interest in the proposed Nigeria–China Trade and Investment Platform and the development of the Nigerian Oil Palm Industrial Park as a flagship demonstration project.
Also speaking at the meeting, Ms Judy Melifonwu, NCSP’s Head of International Relations, underscored the opportunities presented by China’s zero-tariff policy and the forthcoming NAQS–GACC protocol on the export of Nigerian aquaculture products. She noted that these frameworks would significantly enhance Nigeria’s competitiveness in emerging global markets.
Both parties expressed commitment to advancing discussions toward a structured cooperation framework covering all priority areas.
General
UKNIAF Marks Six Years Infrastructure Support to Nigeria
By Adedapo Adesanya
The United Kingdom–Nigeria Infrastructure Advisory Facility (UKNIAF), established in 2019 as part of a 16-year legacy of UK-funded infrastructure support to Nigeria, convened over 100 senior stakeholders on Tuesday, December 2, to review its progress and formally close out its current phase of operations.
The event brought together representatives from federal and state governments, development partners, development finance institutions, and the private sector to reflect on UKNIAF’s work across the power, infrastructure finance, and roads sectors. Discussions focused on institutional reforms, capacity development, and the sustainability of tools and processes introduced over the past six years.
Since inception, UKNIAF has delivered targeted technical assistance designed to embed evidence-based reforms, data-driven decision-making, and improved institutional performance. Its interventions have mobilised significant financing, strengthened regulatory and planning systems, and enhanced investor readiness across multiple infrastructure markets.
In the power sector, participants highlighted landmark achievements including the development of Nigeria’s first Integrated Resource Plan, which outlines a least-cost and low-carbon pathway for expanding electricity supply. UKNIAF also supported the Nigerian Electricity Regulatory Commission (NERC) in building advanced real-time data capabilities for tariff monitoring, grid management, and outage tracking. The programme enabled pioneering states to establish their own electricity markets following constitutional reforms.
In infrastructure finance, UKNIAF was recognised for strengthening project preparation systems and enabling access to capital. Notable accomplishments include supporting the mobilisation of $75 million from the African Development Bank to the Special Agro-Industrial Processing Zone (SAPZ) programme in two states, and accelerating mini-grid and solar deployment through improved technical standards at the Rural Electrification Agency (REA).
UKNIAF also designed a national project preparation facility, for which N21 billion was allocated in both the 2024 and 2025 budgets to build a pipeline of bankable projects.
Speaking on this, Mr Frank Edozie, UKNIAF Team Lead, described the programme’s close-out as a “handover for sustained delivery,” emphasising that strengthened institutions now hold tools that make Nigeria’s infrastructure landscape more transparent, climate-smart, and investor-ready.
On his part, the Minister of Power, Mr Adebayo Adelabu, commended the programme, noting that its technical assistance and advisory services had helped lay the foundation for a sustainable and inclusive electricity supply industry.
Mrs Cynthia Rowe, Head of Development Corporation at the UK Foreign, Commonwealth and Development Office (FCDO) in Nigeria, praised the partnership, highlighting achievements ranging from state-level electricity market reforms to unlocking major financing and designing Nigeria’s Climate Change Fund.
Enugu State Secretary to the State Government, Professor Chidiebere Onyia, underscored the lasting influence of the programme, stating that UKNIAF’s impact continues through the expertise and leadership transferred to national and sub-national institutions.
The close-out event reaffirmed stakeholders’ commitment to sustaining tools, reforms, and knowledge products developed under UKNIAF, while strengthening collaboration among public, private, and development actors in the infrastructure ecosystem.
Participants included federal and state agencies such as the Nigeria Governors’ Forum, Federal Ministry of Power, Ministry of Finance, NERC, REA, and the Transmission Company of Nigeria, alongside development partners including the African Development Bank, World Bank, and IFC, as well as private sector and civil society stakeholders.
General
Dangote Refinery Reduces PMS Pump Price to N699 Per Litre
By Aduragbemi Omiyale
The gantry price of Premium Motor Spirit (PMS), otherwise known as petrol, has been slashed by the Dangote Petroleum Refinery.
The Lagos-based oil facility brought down the ex-depot price of the petroleum product by 15.58 per cent or N129 per litre to N828 per litre.
Though the company had yet to release an official statement on this development, real-time market data on Petroleumprice.ng on Friday showed the new price.
Punch reports that data from the platform also showed fresh reductions across several private depots following the refinery’s latest review.
Sigmund Depot cut its ex-depot price by N4 to N824 per litre, Bulk Strategic dropped its price by N3, and TechnoOil slashed its by N15.
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