Nigerian Minerals and Mining Act

ARRANGEMENT OF SECTIONS

CHAPTER I

Minerals, Prospecting, Mining and Quarrying

PART I

Ownership and Control of Minerals

SECTION

1. Control of property in minerals, water, etc., vestedin the State.
2. Prohibition of exploration or exploitation of minerals without authority.
3. Lands excluded from minerals exploration and exploitation.

PART II

Administration of the Act

1. Functions of the Minister.
2. Establishment of the Mining Cadastre Office.
3. Central and Zonal Offices of the Mining Cadastre Office.
4. Mining Cadastre Registers.
5. Priority.
6. Competitive bidding.
7. Fees payable to the Mining Cadastre Office.
8. Revocation of mineral title for failure to pay fees.
9. Process for revocation when mineral titleholder fails to pay fees.
10. Determination of fees payable.
11. Notice to applicant.
12. Relationship between the Minister and the Mining Cadastre Office.
13. Establishment of departments.
14. Functions of the Mines Inspectorate Department.
15. Functions of the Mines Environmental Compliance Department.
16. Establishment of State Mineral Resources and Environmental Management Committee.
17. Delegation of powers by the Minister.
18. Regulation.
19. Use of land for mining a priority.

PART III

Mining Incentives

1. Persons eligible.
2. Capital allowances.

SECTION

1. Exemption from customs duty and other benefits.
2. Permission to retain and use earned foreign exchange.
3. Free transferability of funds.
4. Tax relief period.
5. Application of Cap. F34 L.F.N. 2004 and the NIPC Act.
6. Deductibility of environmental costs.
7. Pension Reform Act No.2, 2004.
8. Annual capital cost indexation.
9. Royalty.
10. Establishment of the Solid Minerals Development Fund.
11. Management board of the Fund.
12. Functions and powers of the Board.
13. Custodians of the Fund.
14. Financial provisions.
15. Annual budget.
16. Investment of surplus monies in the Fund.
17. Accounts and audit.
18. Annual reports.

PART IV

Minerals Exploration

1. Records and plans of exploration and exploitation.
2. Discovery of radio-active minerals.
3. Disclosure of confidential information.
4. Grant of mineral titles.
5. Qualification for Reconnaissance Permit.
6. Qualification for Exploration Licence.
7. Qualification for Small-scale Mining Lease.
8. Qualification for Mining Lease.
9. Qualification for Quarry Lease.
10. Qualification for Water Use Permit.
11. Prohibition of certain persons from obtaining mineral titles.
12. Working capital.
13. Grant of Reconnaissance Permit.
14. Conditions for grant of Reconnaissance Permit.
15. Duration of Reconnaissance Permit.
16. Rights of holder of Reconnaissance Permit.
17. Grant of Exploration Licence.
18. Rights of Exploration Licence holder.
19. Obligations of an Exploration Licence holder.
20. Duration of an Exploration Licence.
21. Payment of royalty for scale of mineral resources under Exploitation Licence.
22. Discovery of additional minerals.

PART V

Mining