business
Kogi Acquires 15 Federal Mining Licenses to Boost Economic Diversification

Kogi Secures 15 Federal Mining Licenses to Drive Economic Diversification and Youth Empowerment
In a strategic move to diversify its economy and reduce reliance on federal allocations, the Federal Government has granted the Kogi State Government 15 mining licenses to tap into its abundant solid mineral reserves.
The announcement was made in Lokoja during the International Conference, Exhibition, and 25th Annual General Meeting of the Nigerian Institution of Metallurgical, Mining and Material Engineering (NI3ME), a division of the Nigerian Society of Engineers. Representing Governor Usman Ododo, Deputy Governor Joel Oyinbo hailed the development as a pivotal step toward unlocking the state’s economic potential.
Unlocking Kogi’s Mineral Wealth
The licenses cover a diverse range of mineral resources, including:
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Limestone
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Coal
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Tin
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Iron ore
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Bauxite
With these approvals, Kogi is positioned to lay the groundwork for a robust and sustainable mining industry—one that is expected to:
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Create thousands of jobs
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Boost internally generated revenue
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Spur industrial development
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Strengthen the state’s economic resilience
Responsible Mining and Legal Framework
Governor Ododo reaffirmed his administration’s commitment to regulating the mining sector, ensuring activities are conducted responsibly and transparently. The state government is collaborating with the Kogi State House of Assembly to introduce legislation that will:
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Curb illegal mining
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Support artisanal and small-scale miners
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Protect the environment
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Promote best practices in sustainable resource management
Empowering Youths for the Future
As part of a broader empowerment agenda, the governor also revealed plans to train and engage 25,000 youths in the mining and solid minerals sector, providing them with skills and opportunities to participate in the state’s emerging mineral economy.
National Urgency to Diversify
In his remarks, Professor Abdulrahman Asipita Salawu, National Chairman of NI3ME, emphasized the need for Nigeria to move beyond its longstanding dependence on oil. He noted that the underdevelopment of the solid minerals and metals sectors has limited the country’s growth potential.
“Revitalizing these sectors can create jobs, enhance living standards, and stimulate progress in agriculture, manufacturing, and tourism,” Salawu stated. “This conference is about charting a sustainable and inclusive path forward for Nigeria’s mining industry.”
Toward a Sustainable Mining Economy
The event served as a platform to highlight Kogi State’s ambition to become a model for sustainable mineral resource development in Nigeria. With the new mining licenses and strong political will, the state is poised to transform its natural endowments into engines of economic growth, environmental responsibility, and social inclusion.
business
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business
We are Hiring: Social Media Growth Ambassadors (2 Positions)

Remote | Part-Time or Flexible Hours
Are you active on social media and passionate about business, jobs, and opportunities?
Do you know how to attract attention, spark engagement, and drive traffic online?
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We are looking for 2 dynamic individuals to serve as Social Media Growth Ambassadors for GlobabizEmpire.com — a trusted online platform for global jobs, business insights, and income opportunities.
Key Responsibilities:
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Promote GlobabizEmpire.com consistently on Facebook, Instagram, WhatsApp, TikTok, or X
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Share daily job updates, business news, and smart money tips from the website
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Drive website traffic using content, trends, reels, and referral links
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Respond to DMs/comments and convert viewers into website visitors
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Provide weekly reports on reach, impressions, and traffic performance
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A strong presence on social media (min. 2,500 followers on at least one platform)
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Great communication skills and social media creativity
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Consistency and accountability
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Passion for helping people grow their careers or income
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Monthly stipend + performance-based bonus
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Opportunity to grow your personal brand with us
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Free digital training + content materials
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Certificate of Digital Advocacy (upon successful campaign)
How to Apply:
Send us a message with:
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Your full name
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Link to your active social media profiles
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Short message on why you are the perfect fit
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Screenshot of your past engaging post (if available)
Email: [email protected]
WhatsApp: +234 8153507382
Deadline: August 22, 2025
business
NEXIM Bank and SMEDAN Partner to Strengthen SME Export Capacity Nationwide

NEXIM Bank and SMEDAN Sign Landmark MoU to Boost SME Export Growth in Nigeria
In a bold move to strengthen Nigeria’s small business ecosystem, the Nigerian Export-Import Bank (NEXIM) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have signed a groundbreaking Memorandum of Understanding (MoU) aimed at accelerating the growth and global competitiveness of Small and Medium Enterprises (SMEs) across the country.
A Strategic Partnership for Economic Transformation
This MoU formalizes a strategic alliance between NEXIM and SMEDAN, focusing on:
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Export financing and access to global markets
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Tailored financial products for SMEs
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Capacity-building and training programs
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Promotion of Made-in-Nigeria products internationally
The collaboration is expected to streamline trade facilitation and offer Nigerian SMEs the tools and support needed to thrive in international value chains.
Empowering SMEs for Global Competitiveness
Speaking at the signing ceremony, Abba Bello, Managing Director/CEO of NEXIM Bank, emphasized the significance of this partnership in preparing Nigerian SMEs to compete globally, particularly under the African Continental Free Trade Agreement (AfCFTA).
“This collaboration with SMEDAN is a critical step in our mission to empower Nigerian SMEs. By combining our financial instruments with SMEDAN’s development expertise, we are creating a robust support framework that enables small businesses to scale and succeed in export markets,” Bello said.
Removing Barriers and Unlocking Opportunities
On his part, Charles Odii, Director-General of SMEDAN, noted that the agreement will help eliminate major hurdles that have long hindered SMEs from tapping into international markets.
“Our goal is to ensure Nigerian SMEs have not just the skills but also the financial backing to grow. This MoU with NEXIM Bank paves the way for real participation in global trade,” Odii remarked.
He also outlined key focus areas of the collaboration:
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Providing export-oriented financing solutions
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Offering expert training and advisory services
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Simplifying export processes for MSMEs
🇳🇬 Aligning with Nigeria’s Economic Diversification Agenda
This partnership supports the federal government’s broader vision of economic diversification and inclusive growth, particularly through public-private partnerships that empower micro, small, and medium-sized enterprises (MSMEs).
About the Agencies
NEXIM Bank, established under Act 38 of 1991, is Nigeria’s official Export Credit Agency, providing financing, risk management, and advisory services to support the development of non-oil exports.
SMEDAN, created by the SMIDA Act of 2003, is the federal government’s leading institution tasked with fostering the growth, sustainability, and global competitiveness of MSMEs across Nigeria.
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