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Solid minerals: Nigeria mining sector, emerging investors' goldmine . Sep 11, 2018 . THE Nigerian mining sector is gradually becoming the toast of both local and . According to the document, although its overall contribution to GDP . quarrying and other mining accounted for 89 per cent of the sector while. Mining and Quarrying sector record 14.85% Growth for Q1 – Ministry . May 23, 2018 ...

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FOAkinrele Overview of The Nigerian Mining Sector. 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.

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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.

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Mining support service activities (Division 09) accounted for one tenth of the sector's value added (10.0 %) and employment (12.8 %) while the mining of metal ores (Division 07) had the lowest share of value added (7.1 %) in 2014 and 8.4 % of the employment of the mining and quarrying sector.

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