Solid minerals earnings hit N814bn in 15 years – NEITI

The Nigeria Extractive Industries Transparency Initiative, on Monday, announced that Nigeria’s earnings from the solid minerals sector between 2007 and 2021, a period of 15 years, was N814.6bn.

NEITI made this public in its latest 2021 industry report of the solid minerals sector, which was unveiled to stakeholders and lawmakers in Abuja.

In the report, the agency also stated that  Nigeria N193.6bn from the solid minerals sector in 2021. The figure shows an increase of N60.32bn or 51.89 per cent growth, when compared to the 2020 revenue flows of N116.82bn.

“This positive trend reflects a continuation of the upward positive trajectory observed in the sector over the past five years.