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The mining industry in Nigeria has a rich history and significant potential. Despite its vast mineral resources, the sector has faced numerous challenges over the years. This article explores the growth of the mining industry in Nigeria, looking at its historical background, key minerals, government policies, challenges, economic impacts, recent trends, and future opportunities.

 

Key Takeaways

 

  • The mining sector has been historically underdeveloped, primarily due to the discovery of oil, which shifted focus away from minerals.
  • Nigeria has a wealth of minerals, including gold, coal, and iron ore, but contributes less than 1% to the GDP from mining activities.

 

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Growth of the Mining Industry in Nigeria

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