Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,205,399 members, 7,992,290 topics. Date: Saturday, 02 November 2024 at 10:06 PM

Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 (7484 Views)

FG Generated ₦‎193.59 Billion From The Solid Minerals Sector In 2021 - NEITI / Nigeria Earned $206bn From Oil In Five Years – OPEC / NEITI: Nigeria Earned N52.75 Billion From Solid Minerals In 2017 (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Nobody: 7:21am On Mar 17, 2020
Yet much of these minerals are untapped. While I was in Osun state, there was reportedly limestone deposit spaning 40% of Ilesha which the community hardly disclose. Same applies to Enugu where coal is under-exploited. These people don't want to suffer the fate of Niger Delta, so they don't disclose shit.
If we've been making judicious use of what nature has bestowed us, Nigeria would have long past this stage.

1 Like

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by hisgrace090: 7:24am On Mar 17, 2020
ignis:
Where is the money?


Why is the Buhari led government still borrowing money?

The said amount is one third of what Nigeria fg and shares monthly.

2 Likes

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Dangrace01: 7:26am On Mar 17, 2020
Richdad50:
shocked

A very shameful amount. Anyone who comes in defense of this lacks understanding and is only a useful idiot.

Richdad

Guy do you know the amount of solid minerals leaving Nigeria every minute that the government knows nothing about. If professional tell you the trillions leaving 9ja you would marvel especially minerals mined from the north. Some rare Earth metals rarely found worldwide are strangely found in some parts in Nigeria

4 Likes

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by ignis: 7:26am On Mar 17, 2020
hisgrace090:


The said amount is one third of what Nigeria fg and shares monthly.

Says who?
Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by showafrica(m): 7:27am On Mar 17, 2020
chatinent:
Where the money goes, only some political few there knows.

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Risentouch(m): 7:29am On Mar 17, 2020
And we are sourcing a means to borrow money
Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by StaffofOrayan(m): 7:29am On Mar 17, 2020
Richdad50:
shocked

A very shameful amount. Anyone who comes in defense of this lacks understanding and is only a useful idiot.

Richdad

Abi, when NASS wants to use N52B to renovate a building, how much is N69B?

Country without plan

1 Like

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by hisgrace090: 7:30am On Mar 17, 2020
ignis:


Says who?

In August 2019 Nigeria shares 190 billion naira, google it.

1 Like

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by NigeriaBam: 7:32am On Mar 17, 2020
Where is that money now.
Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by anonimi: 7:34am On Mar 17, 2020

1 Like

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Teddy78(m): 7:35am On Mar 17, 2020
I couldn't agree more. We would have also liked to see specifics aside from granite & lime stone. What are the iron ores? How where these priced? Because pricing determines taxing. One state alone can generate all that money, & more. The volume of industrial minerals & gem stones in Oyo state alone is mind boggling, yet no state or federal efforts to tap.



Bigleaf1006:
This figured are well below the actual and a lot of under reporting goes on in that sector especially in the north due to underdevelopment,informal operations, illegal mining and off course corruption
Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Nobody: 7:36am On Mar 17, 2020
hisgrace090:



Can 69 billion naira last us two weeks as a nation?

Mind you that Nigeria shares around 180 billion to 300 billion naira per month.

You are very right.

69 billion won't even fund much of anything. It isn't even a quarter of what we spend on education

1 Like

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Teddy78(m): 7:38am On Mar 17, 2020
You sabi. But north far, ordinary Oyo state here sef. Tourmaline, Aquamarine, Amethyst, Tantalite, Columbite, Agate. Plenty.

Dangrace01:


Guy do you know the amount of solid minerals leaving Nigeria every minute that the government knows nothing about. If professional tell you the trillions leaving 9ja you would marvel especially minerals mined from the north. Some rare Earth metals rarely found worldwide are strangely found in some parts in Nigeria

1 Like

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by DenreleDave(m): 7:38am On Mar 17, 2020
I am waiting for my share then. Shebi it our mineral resources
Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Jonasbadoo(m): 7:43am On Mar 17, 2020
hisgrace090:



Can 69 billion naira last us two weeks as a nation?

Mind you that Nigeria shares around 180 billion to 300 billion naira per month.
Abegii last what?
The question is do they spend up to that amount on relevancies or is it just being looted
Why can't Nigerians feel the impact of those billions being mentioned up and down if they are being well spent ..
Mtcheew

1 Like

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Nobody: 7:45am On Mar 17, 2020
Afritop:
I am yet to think if I am Nigerian at all. Because i am yet to be a beneficiary of the billions of Naira and dollars the Nigeria government always keep declaring that they make in one sector or the other including the ones they siezed from Abacha
what did they used in building those beautiful portholes in our roads that you always admire while traveling?
Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by ignis: 7:45am On Mar 17, 2020
hisgrace090:


In August 2019 Nigeria shares 190 billion naira, google it.

Amongst who?

1 Like

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by aspiring44: 7:47am On Mar 17, 2020
Omnivalent:
the rate at which this guys are calling huge sums of money generated from each sector especially the communication sector, you begin to wonder if some one is doing another round of looting...
.
.
mehhhh...
corruption is our problem jare, las las all na AUDIO.


No impact on the citizenry .

Audio revenue .

1 Like

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Dangrace01: 7:48am On Mar 17, 2020
Teddy78:
You sabi. But north far, ordinary Oyo state here sef. Tourmaline, Aquamarine, Amethyst, Tantalite, Columbite, Agate. Plenty.


I want to even explore this business. Can I call you?
Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Bigleaf1006: 7:50am On Mar 17, 2020
[quote author=Teddy78 post=87509634]I couldn't agree more. We would have also liked to see specifics aside from granite & lime stone. What are the iron ores? How where these priced? Because pricing determines taxing. One state alone can generate all that money, & more. The volume of industrial minerals & gem stones in Oyo state alone is mind boggling, yet no state or federal efforts to tap.


This is deliberate and the government officials are in cahoots on this economic pilferage. I personally know people from Guinea who are in the trade of mining gem stones, though in very crude and tough methods but they confess how rewarding it is at the end and that Nigeria is so blessed minerals wise .



Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Nobody: 7:53am On Mar 17, 2020
Hi all, I'm tired of this life, I feel useless and exhausted because of idleness and lack of capability to meet my day to day ends meet. I'm in need of any job that can provide roof over my head and feeding, (at least let me start from there) I'm in dire need and I solicit anyone who has information or anyway to help me to please come to my aid. I wish everyone better luck than mine. My location is Ibadan but I'm ready to move to anywhere even if it is Maiduguri.

1 Like

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by lomprico(m): 7:54am On Mar 17, 2020
why is Buhari borrowing ?
Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by talk2maurice(m): 7:55am On Mar 17, 2020
APC are just busy blaming PDP for all their incapabilities..
Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Agugbadin: 7:56am On Mar 17, 2020
Where is the money, why is the Buhari lead government still borrowing.
Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Nobody: 8:12am On Mar 17, 2020
one out of numerous sources, yet the shithole is in shambles and tagged the poverty CAPITAL of the world!

yet, self serving crooks are borrowing away the future of the country.....#pathetic filth!

1 Like

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by RightChannel: 8:15am On Mar 17, 2020
Solid Mineral... Coke, Pepsi, Fanta, etc Don Dey Do Solid Nii

1 Like

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Nobody: 8:47am On Mar 17, 2020
Richdad50:
shocked

A very shameful amount. Anyone who comes in defense of this lacks understanding and is only a useful idiot.

Richdad
How do you mean Oga Sabinus? This is merely an information to Garner interest of more investors.....
Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by lobbyist(m): 8:47am On Mar 17, 2020
Blue3k:

https://www.neiti.gov.ng/index.php/media-center/news/498-nigeria-earned-n69-47-billion-from-solid-minerals-sector-in-2018
Audio earning. You better stop lying at any given opportunity. We are making audio money, we keep on borrowing billions of dollars. Only the gullible would be deceived by your audio achievement.
Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Nobody: 8:54am On Mar 17, 2020
Fortuna2:
Yet much of these minerals are untapped. While I was in Osun state, there was reportedly limestone deposit spaning 40% of Ilesha which the community hardly disclose. Same applies to Enugu where coal is under-exploited. These people don't want to suffer the fate of Niger Delta, so they don't disclose shit.
If we've been making judicious use of what nature has bestowed us, Nigeria would have long past this stage.
Great Ife? I like your intellectual analysis, an intelligent lady is a huge turn on for me.
Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Nobody: 8:54am On Mar 17, 2020
Nigerians should wake up. The devil has a firm grip on this country and we don't even know it yet.
Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Nobody: 8:56am On Mar 17, 2020
Moralgladiator:
Great Ife? I like your intellectual analysis, an intelligent lady is a huge turn on for me.
Thank you. I rep OAU, Ife.

1 Like

Re: Nigeria Earned N69.47 Billion From Solid Minerals Sector In 2018 by Nobody: 8:59am On Mar 17, 2020
Fortuna2:
Thank you. I rep OAU, Ife.
I knew it could only be OAU,what will an intellect be doing in Osun state. I rep NAU but was a regular visitor at Ife. Nice meeting you... I'm Mr Moralgladiator.

(1) (2) (3) (Reply)

NEC Recommends Withdrawal Of Tax Reform Bill / Lagos To Emerge 13th Largest Economy In Africa By 2014 / Nigeria’s Crude Oil Output Increases By 403,900bpd Now 1.94m Bpd

Viewing this topic: 1 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 30
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.