Nigeria Earned $500m from Solid Minerals in Five Years

The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that the total financial inflows to Nigeria from solid minerals extraction between 2013 and 2017 amounted to N240 billion.
 
NEITI in its recent 2017 audit report of activities in the country’s solid minerals sector, stated that the trend analysis of revenue flow from the sector showed that there has been a remarkable increase in revenue accruing to the federation from the solid minerals.
 
It explained that although revenue from sector in 2016 witnessed a decrease by 33 per cent when compared to the 2015 figures, it subsequently picked up in 2017.
 
https://www.thisdaylive.com/index.php/2019/10/30/nigeria-earned-n240bn-from-solid-minerals-in-five-years/
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