
The Ministry of Mines and Steel Development (MMSD) in Nigeria is a governmental body responsible for the development and regulation of the country’s mineral resources, as well as the promotion of the mining and steel industries. Here’s an overview of its functions and responsibilities:
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- Policy Formulation: The MMSD formulates policies, guidelines, and regulations for the exploration, exploitation, and management of mineral resources in Nigeria, ensuring that they are in line with national development objectives and international best practices.
- Mineral Exploration and Development: It promotes and facilitates mineral exploration activities to identify and quantify mineral deposits across the country, with the aim of attracting investment and expanding the mineral resource base.
- Mining Regulation: The ministry regulates the mining sector by issuing licenses, permits, and leases for mineral exploration and exploitation, ensuring compliance with environmental, health, safety, and community development standards.
- Artisanal and Small-Scale Mining: MMSD supports the formalization and regulation of artisanal and small-scale mining operations to improve productivity, safety, and environmental sustainability in this sector.
- Investment Promotion: It promotes investment in the mining and steel industries by providing incentives, facilitating access to financing, and creating a conducive business environment for investors.
- Mineral Value Addition: The ministry encourages value addition and beneficiation of mineral resources through downstream processing and industrialization initiatives to create jobs, increase revenue, and enhance the country’s economic diversification.
- Geosciences Data Management: MMSD manages geological and geospatial data on mineral resources through the Nigerian Geological Survey Agency (NGSA) and other relevant agencies, providing valuable information to stakeholders in the mining sector.
- Stakeholder Engagement: It engages with stakeholders, including mining companies, communities, civil society organizations, and development partners, to promote dialogue, transparency, and sustainable development in the mining and steel industries.
CONTACTS
- Address: Ministry of Mines and Steel Development Plot 360, Adetokunbo Ademola Crescent, Wuse II, Abuja, Nigeria.
- Phone: +234 9 523 9064
- Email: info@minesandsteel.gov.ng
- Website: https://www.minesandsteel.gov.ng/
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