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Mining regulation is handled by the Ministry of Solid Minerals Development, which oversees the management of all mineral resources. Mining law is codified in the Federal Minerals and Mining Act of 1999. Historically, Nigeria's mining industry was monopolized by state-owned public corporations.

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What are the components of Nigerian mining industry? Finally, it is time to identify the various components of the Nigerian mining industry. Just like it happens all across the world, Nigeria also classifies the 3 main components: Exploration; Mining; Processing and selling minerals

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