Nigeria plans to enhance its monitoring of illegal mining by investing N2.5 billion in satellite technology to gain real-time insights into mining activities. The initiative, led by the Minister of Solid Minerals Development, aims for operational oversight and revenue recovery. A new Mining Corporation with private sector participation is also being established to modernize the sector.
The Nigerian government has allocated N2.5 billion for satellite surveillance technology to address illegal mining across the nation. Minister of Solid Minerals Development, Dele Alake, announced that the initiative aims to enhance oversight of mining operations, targeting unlicensed activities and production underreporting. Within a month, the project is expected to launch, featuring a centralized monitoring system for real-time analysis of mining sites.
The Nigerian government is investing in satellite technology to tackle illegal mining activities, anticipating significant revenue recovery and future growth. With the establishment of a privately-influenced Mining Corporation and regulatory measures involving state governments, Nigeria aims to revitalize its mining sector while ensuring compliance and accountability.
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