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Solid Minerals: Ogun, Kogi contribute To More Than Half Of Total Production-NEITI
The Nigeria Extractive Industries Transparency Initiative, NEITI, has said that Ogun and Kogi states are the major leaders in the solid mineral production in Nigeria in recent years.
The contributions by Ogun and Kogi states put together according to NEITI, accounted for over half of the total production quantity. between 2017 and 2016.
It further stated that the two states led in limestone as major minerals produced in the states.
A statement from NEITI’s Director of Communications and Advocacy, Dr. Ogbonnaya Orji, stated that this information was contained in an independent reconciliation of company payments and government receipts in the sector by the transparency agency.
According to Ogbonnaya, Nigeria’s solid minerals sector contributed the total sum of N52.75 billion to the federation’s revenue in 2017 fiscal year.
He said, “A review of minerals production by states also shows that with the exception of the Federal Capital Territory, there was a material decline in states production in terms of both quantity and value.
“Total production quantity decreased from 41.87 million metric tons valued at N34.09 billion in 2016 to 35.33 million metric tons valued at N32.78 billion in 2017. The figure represented a decline of 15.64 per cent in production volumes and 3.83 per cent in production value in 2017,”
NEITI said that Dangote Cement dominated activities in minerals production in 2017, taking up about 46 per cent of the total minerals production that year.
“Other big players in the sector included Lafarge Cement Plc., CGC Nigeria Limited and Julius Berger Plc. The four companies produced over 27 million tons of minerals, representing 77.31 per cent of the total minerals production quantity and over 60 per cent of the production value.”
However, in terms of production value, it said that Ogun, Federal Capital Territory, FCT, and Kogi states accounted for 23 per cent, 20 per cent and 18 per cent respectively.
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