This Act establishes the Nigerian Mining Corporation, defines its functions and powers and provides with respect to its administration and operation. The Corporation shall principally explore and prospect for, work, mine or otherwise acquire, process and dispose of minerals of various kinds occurring in Nigeria other than petroleum or coal. The land required by the Corporation for its purposes shall be compulsorily acquired under a declaration of the Minister and upon action of the President of Nigeria. Land vested in the Corporation shall not be liable to be acquired compulsorily under any enactment. Notwithstanding the provisions of this Act, the Minister may grant any of the rights, licences and leases under the Minerals and Mining Act to any person, other than the Corporation, for the prospecting and mining of the minerals referred to in this Act.
Authors and Publishers
Rudolph Hupperts (CONSLEGB)
British influence and control over what would become Nigeria and Africa's most populous country grew through the 19th century. A series of constitutions after World War II granted Nigeria greater autonomy. After independence in 1960, politics were marked by coups and mostly military rule, until the death of a military head of state in 1998 allowed for a political transition. In 1999, a new constitution was adopted and a peaceful transition to civilian government was completed.