Developer docs
API playgroundTry for free, no card

Search company profiles

Ministry of Solid Minerals Development

Full company profile

uuid006fm9o

Namestring
Ministry of Solid Minerals Development
Legal namestring
Ministry of Solid Minerals Development
Websiteurl
msmd.gov.ng
Company typeenum
Public
Founded yearint
2006
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersAbuja, Nigeria
HQ citystring
Abuja
HQ countrystring
Nigeria
HQ regionstring
Africa
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
solid minerals regulation, mining sector governance, mineral title administration, mining investment promotion, artisanal small-scale mining
Industry3 codes
1Minerals, Mining & Geologic Resources Administration
CodeBPAIAMAJPrimaryYes
2Exploration & Resource Development (Critical Minerals)
CodeIMAKAFALPrimaryNo
3Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling)
CodeIMAKAKAAPrimaryNo
NAICS code1 code
  • Support Activities for Mining2131
SIC code1 code
  • Mineral Royalty Traders6795
Product category
Mining Sector Regulation
Social media profiles2 records
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model2 records
1Mineral Royalty Collection
TypeTransaction Fee
Description

The Ministry previously administered mineral royalty collection from mining operators. Following new tax laws enacted on June 26, 2025, Nigeria Revenue Service (NRS) has taken over collection effective January 1, 2026. The Ministry continues as a technical partner, providing mineral pricing data and geological information.

msmd.gov.ng
2Government Budget Allocation
TypeSubscription Recurring
Description

The Ministry receives annual budget allocations from the Federal Government of Nigeria to fund operations, programs, and mineral sector development initiatives.

msmd.gov.ng
Marketing channels10 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Pricing details1 tier
1Mineral Royalty Rates
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Royalty rates for minerals are set under the Nigerian Minerals and Mining Act 2007 and Mining Regulations 2011. Rates vary by mineral type (e.g., gold, limestone, coal, baryte, bitumen, lead-zinc) and are published periodically. The most recent royalty rates were published on July 4, 2024.

msmd.gov.ng
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

The Ministry of Solid Minerals Development regulates, administers, and develops Nigeria's solid minerals sector. It grants and manages mineral titles, enforces mining safety and environmental compliance, supervises explosive use, formalizes artisanal and small-scale mining, and promotes foreign and domestic mining investment. Operations are delivered through technical departments and parastatals including the Mining Cadastre Office, the Geological Survey Agency, the Solid Minerals Development Fund, and 36-state offices plus FCT headquarters in Abuja.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 44+ mineral deposits identified in commercial quantities
+2 more records
Product overview1 text field

The Ministry of Solid Minerals Development is a Nigerian government ministry that provides regulatory oversight, administrative services, and mineral resource management for the country's mining sector. Its core products include the Nigeria Mining Decisions Support System (NMRDSS) for data management and monitoring, along with departmental services covering Artisanal & Small-Scale Mining (ASM), Mines Inspectorate, Mines Environment Compliance, Investment Promotions, and Explosives Regulation. The Ministry oversees 44 mineral deposits in commercial quantities across 500+ locations in Nigeria, including strategic minerals such as Limestone, Gold, Coal, Bitumen, Barytes, Lead-Zinc, and others. The Ministry coordinates with agencies including the Nigeria Mining Cadastre Office (MCO), Nigeria Geological Survey Agency (NGSA), and Solid Minerals Development Fund (SMDF), and manages royalty administration and Community Development Agreements for mining operations.

Product and service9 records
1Nigeria Mining Decisions Support System (NMRDSS)
CategoryMining data and decision support
Description

A digital mining data and analytics platform used by operators, regulators, and government agencies for monitoring, decision support, and database integration across Nigeria's mining sector.

2Artisanal & Small-Scale Mining (ASM) Services
CategoryASM regulation and support
Description

Departmental services supporting and regulating artisanal and small-scale mining, including ASM operator formalization, extension services, mapping and survey of ASM operations, gender mainstreaming, and mercury-free gold initiatives. Targeted at individual miners, Mining Cooperatives, and Quarry Associations.

3Mines Inspectorate Services
CategoryMine safety and inspection
Description

Regulatory supervision and enforcement of compliance by mineral title holders with mine health and safety regulations, including oversight of reconnaissance, exploration, mining, quarrying operations, and explosive transactions. Targeted at mining title holders and explosive users.

4Mines Environment Compliance (MEC) Services
CategoryEnvironmental compliance
Description

Environmental monitoring, compliance enforcement, Environmental Impact Assessment (EIA), reclamation and restoration of mine sites, and coordination of Community Development Agreements (CDAs). Targeted at mining companies and host communities.

5Investment Promotion & Minerals Trade (IPMT) One-Stop-Shop
CategoryInvestment facilitation
Description

One-Stop-Shop services for prospective investors, including promotion of Nigeria's mineral potential, geological information dissemination, regulatory guidance, and coordination of international mining investment promotion and trade. Targeted at foreign and domestic mining investors.

6Mineral Title Administration (via Nigeria Mining Cadastre Office)
CategoryCadastre and licensing
Description

Administration of mineral titles, cadastre operations, and licensing for mining reconnaissance, exploration, and extraction across Nigeria. Targeted at mining title applicants and holders via the Nigeria Mining Cadastre Office (MCO).

7Explosives Regulation and Control
CategoryExplosives regulation
Description

Regulation and control of commercial explosives including authorization to deal, license to manufacture, and inter-state movement permits, delivered via the Mines Inspectorate in collaboration with ONSA. Targeted at mining operators and explosive handlers.

8Digital Royalty Administration System (joint with NRS)
CategoryRoyalty administration
Description

Digital royalty administration system co-developed with the Nigeria Revenue Service to handle mineral royalty payments, with the Ministry providing mineral pricing data and geological information as technical partner. Targeted at mining sector operators.

9Digital Identity Tracking System for Mining Operators
CategoryDigital identity and traceability
Description

Digital identity system delivered jointly with the National Identity Management Commission (NIMC) under the NIMC Act 2026 to track mining operators, combat illegal mining, integrate databases across government agencies, and enforce Community Development Agreements in mining host communities. Targeted at registered mining operators.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership11 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-07-19
Description

The Ministry of Solid Minerals Development is collaborating with NIMC to deploy digital identity technology to track mining operators, combat illegal mining, and strengthen regulatory oversight. The initiative leverages the NIMC Act 2026 to enable better monitoring of operators, database integration across government agencies, and enforcement of Community Development Agreements in mining host communities.

2Nigeria Revenue Service (NRS)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-01-01
Description

Following new tax laws enacted by President Bola Tinubu on June 26, 2025, NRS took over collection of mineral royalties from mining sector operators effective January 1, 2026. The Ministry continues as technical partner providing mineral pricing data and geological information while both institutions implement a joint sensitization program and develop a digital royalty administration system.

vanguardngr.com
3Japan Organization for Metals and Energy Security (JOGMEC)
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-09-01
Description

Minister of Solid Minerals Development Dr. Dele Alake and JOGMEC officials pledged to work out plans to encourage Japanese mining investment in Nigeria, aligning mining plans at TICAD 9.

msmd.gov.ng
4Saudi Arabia (Geological Agencies)
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-01-01
Description

Nigeria and Saudi Arabia renewed plans to build capacity of their geological agencies by leveraging breakthroughs recorded by Saudi firms in mineral exploration.

msmd.gov.ng
5Nigeria Mining Cadastre Office (MCO)
Strategic tierCoreTypeTechnology or Integration
Description

MCO is a sister agency under the Ministry responsible for mineral title administration, cadastre operations, and licensing. The Ministry works closely with MCO on titles processing, compliance monitoring, and data sharing for regulatory oversight.

msmd.gov.ng
Strategic tierCoreTypeTechnology or Integration
Description

NGSA is the geological survey agency responsible for geological mapping, mineral surveys, and baseline data. The Ministry collaborates with NGSA for geological data provision to investors and mineral resource assessment.

Strategic tierSupportingTypeStrategic or Co-development Partner
Description

The ASM Department coordinates with UNIDO regarding artisanal and small-scale mining operations in Nigeria, including capacity building and technical assistance programs.

Strategic tierSupportingTypeStrategic or Co-development Partner
Description

Coordinates with UNDP on development programs for artisanal and small-scale mining sub-sector development and formalization.

Strategic tierSupportingTypeTechnology or Integration
Description

The Ministry's ICT infrastructure is supported by Galaxy Backbone for data recovery center collocation and LAN upgrade services.

Strategic tierSupportingTypeStrategic or Co-development Partner
Description

Mines Inspectorate department collaborates with Nigerian Customs Service for effective management of mineral export control and compliance.

11Office of the National Security Adviser (ONSA)
Strategic tierSupportingTypeStrategic or Co-development Partner
Description

Mines Inspectorate strengthens collaboration with ONSA towards enhancing national security in mining operations and explosives management.

msmd.gov.ng
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
1Botswana Ministry of Minerals and Energy
TypeDirect peer
Description

Botswana's mining ministry administers mineral rights, royalties, and sector policy in a diamond- and metals-focused economy — comparable in regulatory mandate and ambition to attract diversified foreign investment.

2Ghana Minerals Commission
TypeDirect peer
Description

Ghana's statutory body responsible for regulating and promoting the minerals industry, including mineral rights administration and ASM formalization — closely comparable in mandate to MSMD's Investment Promotion and ASM departments.

3DRC Ministry of Mines
TypeDirect peer
Description

Democratic Republic of Congo's federal mining ministry, responsible for mining permits, royalties, and sector governance in a country with vast critical-minerals reserves. Highly comparable in mandate and challenge profile to MSMD.

4South Africa Department of Mineral and Petroleum Resources
TypeDirect peer
Description

South Africa's national mining regulator, responsible for mineral rights administration, mining permits, and sector policy — the most direct functional peer for MSMD, both serving as federal mining authorities in African economies with diverse mineral endowments.

TypeDirect peer
Description

Tanzania's federal ministry overseeing mining policy, mineral rights, and ASM formalization. Comparable to MSMD as a national regulator with significant gold sector and recent focus on attracting foreign investment and formalizing informal mining.

6Indonesia Ministry of Energy and Mineral Resources
TypeBroad incumbent
Description

Indonesia's federal ministry oversees minerals, coal, energy, and renewables. Comparable in being a unified national mining regulator with significant coal and critical minerals exposure, though on a much larger operational scale than MSMD.

TypeOthers
Description

An African Union specialized agency coordinating mining policy, governance, and ASM formalization across member states. Comparable in mandate around mining governance and ASM, though as a continental rather than national body.

TypeDirect peer
Description

Zambia's federal ministry administering mining policy, mineral title issuance, and sector regulation — a direct peer in mandate and African geography, with comparable focus on critical minerals and international investor promotion.

TypeRegional player
Description

Kenya's national mining authority handles mineral rights and policy, with a focus on emerging critical minerals. Comparable regulatory mandate, though Kenya's mining sector is smaller and less mature than Nigeria's.

TypeBroad incumbent
Description

Australia's federal mining policy department oversees mineral resources, exploration incentives, and critical minerals strategy. Comparable mandate on minerals governance and critical-minerals strategy, though with a vastly more developed sector.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles14 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries5 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Ministry of Solid Minerals Development

Mining Sector Regulationmsmd.gov.ng

Ministry of Solid Minerals Development firmographics

Firmographics
Name
Ministry of Solid Minerals Development
Legal name
Ministry of Solid Minerals Development
Website
https://msmd.gov.ng
Company type
Public
Founded year
2006
Operating status
Operating
Headcount range
501–1,000 employees
Ownership category
akta.pro rank

Ministry of Solid Minerals Development industry classification

Industry
Product category
Mining Sector Regulation
NAICS
Support Activities for Mining (2131)
SIC
Mineral Royalty Traders (6795)
akta.pro primary industry
Minerals, Mining & Geologic Resources Administration (BPAIAMAJ)
akta.pro secondary industries
Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

Keywords

  • Solid minerals regulation
  • Mining sector governance
  • Mineral title administration
  • Mining investment promotion
  • Artisanal small-scale mining

Where Ministry of Solid Minerals Development is headquartered

Location

Headquarters

HQ city
Abuja
HQ country
Nigeria
HQ region
Africa

Offices2 records

Markets served

Ministry of Solid Minerals Development business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

  1. Mineral Royalty Collection: The Ministry previously administered mineral royalty collection from mining operators. Following new tax laws enacted on June 26, 2025, Nigeria Revenue Service (NRS) has taken over collection effective January 1, 2026. The Ministry continues as a technical partner, providing mineral pricing data and geological information.
  2. Government Budget Allocation: The Ministry receives annual budget allocations from the Federal Government of Nigeria to fund operations, programs, and mineral sector development initiatives.

Pricing tiers

ModelBillingPrice
Transaction based/ take ratePay-as-you-goMineral Royalty Rates

Go-to-market motion3 records

Distribution channels4 records

Marketing channels10 records

Ministry of Solid Minerals Development product offering

Product offering

Core offering

The Ministry of Solid Minerals Development regulates, administers, and develops Nigeria's solid minerals sector. It grants and manages mineral titles, enforces mining safety and environmental compliance, supervises explosive use, formalizes artisanal and small-scale mining, and promotes foreign and domestic mining investment. Operations are delivered through technical departments and parastatals including the Mining Cadastre Office, the Geological Survey Agency, the Solid Minerals Development Fund, and 36-state offices plus FCT headquarters in Abuja.

Product overview

The Ministry of Solid Minerals Development is a Nigerian government ministry that provides regulatory oversight, administrative services, and mineral resource management for the country's mining sector. Its core products include the Nigeria Mining Decisions Support System (NMRDSS) for data management and monitoring, along with departmental services covering Artisanal & Small-Scale Mining (ASM), Mines Inspectorate, Mines Environment Compliance, Investment Promotions, and Explosives Regulation. The Ministry oversees 44 mineral deposits in commercial quantities across 500+ locations in Nigeria, including strategic minerals such as Limestone, Gold, Coal, Bitumen, Barytes, Lead-Zinc, and others. The Ministry coordinates with agencies including the Nigeria Mining Cadastre Office (MCO), Nigeria Geological Survey Agency (NGSA), and Solid Minerals Development Fund (SMDF), and manages royalty administration and Community Development Agreements for mining operations.

Differentiator

Problem solved

Functional benefit

Products and services

  • Nigeria Mining Decisions Support System (NMRDSS) A digital mining data and analytics platform used by operators, regulators, and government agencies for monitoring, decision support, and database integration across Nigeria's mining sector.
  • Artisanal & Small-Scale Mining (ASM) Services Departmental services supporting and regulating artisanal and small-scale mining, including ASM operator formalization, extension services, mapping and survey of ASM operations, gender mainstreaming, and mercury-free gold initiatives. Targeted at individual miners, Mining Cooperatives, and Quarry Associations.
  • Mines Inspectorate Services Regulatory supervision and enforcement of compliance by mineral title holders with mine health and safety regulations, including oversight of reconnaissance, exploration, mining, quarrying operations, and explosive transactions. Targeted at mining title holders and explosive users.
  • Mines Environment Compliance (MEC) Services Environmental monitoring, compliance enforcement, Environmental Impact Assessment (EIA), reclamation and restoration of mine sites, and coordination of Community Development Agreements (CDAs). Targeted at mining companies and host communities.
  • Investment Promotion & Minerals Trade (IPMT) One-Stop-Shop One-Stop-Shop services for prospective investors, including promotion of Nigeria's mineral potential, geological information dissemination, regulatory guidance, and coordination of international mining investment promotion and trade. Targeted at foreign and domestic mining investors.
  • Mineral Title Administration (via Nigeria Mining Cadastre Office) Administration of mineral titles, cadastre operations, and licensing for mining reconnaissance, exploration, and extraction across Nigeria. Targeted at mining title applicants and holders via the Nigeria Mining Cadastre Office (MCO).
  • Explosives Regulation and Control Regulation and control of commercial explosives including authorization to deal, license to manufacture, and inter-state movement permits, delivered via the Mines Inspectorate in collaboration with ONSA. Targeted at mining operators and explosive handlers.
  • Digital Royalty Administration System (joint with NRS) Digital royalty administration system co-developed with the Nigeria Revenue Service to handle mineral royalty payments, with the Ministry providing mineral pricing data and geological information as technical partner. Targeted at mining sector operators.
  • Digital Identity Tracking System for Mining Operators Digital identity system delivered jointly with the National Identity Management Commission (NIMC) under the NIMC Act 2026 to track mining operators, combat illegal mining, integrate databases across government agencies, and enforce Community Development Agreements in mining host communities. Targeted at registered mining operators.

Quantifiable outcome

  • 44+ mineral deposits identified in commercial quantities
  • +2 more outcomes

Companies that use Ministry of Solid Minerals Development

Customer profile

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Ministry of Solid Minerals Development technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Ministry of Solid Minerals Development partnerships and signals

Strategic signal

Partnerships

Eleven partnerships are on record, tiered core, major and supporting.

  • National Identity Management Commission (NIMC)coreStrategic or Co-development Partner · 19 July 2026The Ministry of Solid Minerals Development is collaborating with NIMC to deploy digital identity technology to track mining operators, combat illegal mining, and strengthen regulatory oversight. The initiative leverages the NIMC Act 2026 to enable better monitoring of operators, database integration across government agencies, and enforcement of Community Development Agreements in mining host communities.
  • Nigeria Revenue Service (NRS)coreStrategic or Co-development Partner · 1 January 2026Following new tax laws enacted by President Bola Tinubu on June 26, 2025, NRS took over collection of mineral royalties from mining sector operators effective January 1, 2026. The Ministry continues as technical partner providing mineral pricing data and geological information while both institutions implement a joint sensitization program and develop a digital royalty administration system.
  • Japan Organization for Metals and Energy Security (JOGMEC)majorStrategic or Co-development Partner · 1 September 2025Minister of Solid Minerals Development Dr. Dele Alake and JOGMEC officials pledged to work out plans to encourage Japanese mining investment in Nigeria, aligning mining plans at TICAD 9.
  • Saudi Arabia (Geological Agencies)majorStrategic or Co-development Partner · 1 January 2025Nigeria and Saudi Arabia renewed plans to build capacity of their geological agencies by leveraging breakthroughs recorded by Saudi firms in mineral exploration.
  • Nigeria Mining Cadastre Office (MCO)coreTechnology or IntegrationMCO is a sister agency under the Ministry responsible for mineral title administration, cadastre operations, and licensing. The Ministry works closely with MCO on titles processing, compliance monitoring, and data sharing for regulatory oversight.
  • Nigeria Geological Survey Agency (NGSA)coreTechnology or IntegrationNGSA is the geological survey agency responsible for geological mapping, mineral surveys, and baseline data. The Ministry collaborates with NGSA for geological data provision to investors and mineral resource assessment.
  • UNIDO (United Nations Industrial Development Organization)supportingStrategic or Co-development PartnerThe ASM Department coordinates with UNIDO regarding artisanal and small-scale mining operations in Nigeria, including capacity building and technical assistance programs.
  • UNDP (United Nations Development Programme)supportingStrategic or Co-development PartnerCoordinates with UNDP on development programs for artisanal and small-scale mining sub-sector development and formalization.
  • Galaxy BackbonesupportingTechnology or IntegrationThe Ministry's ICT infrastructure is supported by Galaxy Backbone for data recovery center collocation and LAN upgrade services.
  • Nigerian Customs ServicesupportingStrategic or Co-development PartnerMines Inspectorate department collaborates with Nigerian Customs Service for effective management of mineral export control and compliance.
  • Office of the National Security Adviser (ONSA)supportingStrategic or Co-development PartnerMines Inspectorate strengthens collaboration with ONSA towards enhancing national security in mining operations and explosives management.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Ministry of Solid Minerals Development competitors and assessment

Company assessment

Direct peers

  • Botswana Ministry of Minerals and Energy: Botswana's mining ministry administers mineral rights, royalties, and sector policy in a diamond- and metals-focused economy — comparable in regulatory mandate and ambition to attract diversified foreign investment.
  • Ghana Minerals Commission: Ghana's statutory body responsible for regulating and promoting the minerals industry, including mineral rights administration and ASM formalization — closely comparable in mandate to MSMD's Investment Promotion and ASM departments.
  • DRC Ministry of Mines: Democratic Republic of Congo's federal mining ministry, responsible for mining permits, royalties, and sector governance in a country with vast critical-minerals reserves. Highly comparable in mandate and challenge profile to MSMD.
  • South Africa Department of Mineral and Petroleum Resources: South Africa's national mining regulator, responsible for mineral rights administration, mining permits, and sector policy — the most direct functional peer for MSMD, both serving as federal mining authorities in African economies with diverse mineral endowments.
  • Tanzania Ministry of Minerals: Tanzania's federal ministry overseeing mining policy, mineral rights, and ASM formalization. Comparable to MSMD as a national regulator with significant gold sector and recent focus on attracting foreign investment and formalizing informal mining.
  • Zambia Ministry of Mines and Minerals Development: Zambia's federal ministry administering mining policy, mineral title issuance, and sector regulation — a direct peer in mandate and African geography, with comparable focus on critical minerals and international investor promotion.

Broad incumbents

  • Indonesia Ministry of Energy and Mineral Resources: Indonesia's federal ministry oversees minerals, coal, energy, and renewables. Comparable in being a unified national mining regulator with significant coal and critical minerals exposure, though on a much larger operational scale than MSMD.
  • Australia Department of Industry, Science and Resources: Australia's federal mining policy department oversees mineral resources, exploration incentives, and critical minerals strategy. Comparable mandate on minerals governance and critical-minerals strategy, though with a vastly more developed sector.

Others

  • African Minerals Development Centre (African Union): An African Union specialized agency coordinating mining policy, governance, and ASM formalization across member states. Comparable in mandate around mining governance and ASM, though as a continental rather than national body.

Regional players

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Ministry of Solid Minerals Development social profiles

Digital presence

Ministry of Solid Minerals Development financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Ministry of Solid Minerals Development leadership team

Management profile

Number of profiles

Profiles14 records

Ministry of Solid Minerals Development subsidiaries and ownership

Company hierarchy

Subsidiaries5 records

Ministry of Solid Minerals Development funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Ministry of Solid Minerals Development M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ministry of Solid Minerals Development

What does Ministry of Solid Minerals Development do?

The Ministry of Solid Minerals Development regulates, administers, and develops Nigeria's solid minerals sector. It grants and manages mineral titles, enforces mining safety and environmental compliance, supervises explosive use, formalizes artisanal and small-scale mining, and promotes foreign and domestic mining investment. Operations are delivered through technical departments and parastatals including the Mining Cadastre Office, the Geological Survey Agency, the Solid Minerals Development Fund, and 36-state offices plus FCT headquarters in Abuja.

Is Ministry of Solid Minerals Development a public or private company?

Ministry of Solid Minerals Development is a public company. It is classified as state government owned and is currently operating.

When was Ministry of Solid Minerals Development founded?

Ministry of Solid Minerals Development was founded in 2006. It employs 501 to 1,000 people.

Where is Ministry of Solid Minerals Development based?

Ministry of Solid Minerals Development is headquartered in Abuja, Nigeria, in the Africa region.

How does Ministry of Solid Minerals Development make money?

Two revenue lines are on record. Mineral Royalty Collection is the primary driver. The others are government Budget Allocation.

Who are Ministry of Solid Minerals Development's main competitors?

Direct peers on record are Botswana Ministry of Minerals and Energy, Ghana Minerals Commission, DRC Ministry of Mines, South Africa Department of Mineral and Petroleum Resources, Tanzania Ministry of Minerals and Zambia Ministry of Mines and Minerals Development. Broad incumbents are Indonesia Ministry of Energy and Mineral Resources and Australia Department of Industry, Science and Resources. African Minerals Development Centre (African Union) is listed as an others. Kenya Ministry of Mining, Blue Economy and Maritime Affairs is listed as a regional player.

Does Ministry of Solid Minerals Development have an API?

No public API is recorded for Ministry of Solid Minerals Development.

What industry is Ministry of Solid Minerals Development in?

Ministry of Solid Minerals Development's product category is Mining Sector Regulation. Its primary akta.pro industry code is BPAIAMAJ, Minerals, Mining & Geologic Resources Administration, with a secondary code of IMAKAFAL, Exploration & Resource Development (Critical Minerals). Its NAICS code is 2131 and its SIC code is 6795.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
THISDAYLIVEMinister’s Aide Rejects Claims of Chinese Bias, Defends Licence Revocation – THISDAYLIVENigeria's Ministry of Solid Minerals Development has defended the revocation of Basin Mining Limited's five mining licenses, stating the action was triggered by the company's failure to pay statutory annual service fees totaling N1.223 billion, which accumulated to N2.494 billion by the time of revocation in 2024. British-Australian firm Jupiter subsequently filed an international arbitration case against the Nigerian government over the license revocation, which the ministry claims was preceded by a propaganda campaign allegedly orchestrated by the company. The Special Adviser to the Minister rejected allegations of Chinese bias, citing that over 300 companies from Europe, America, Canada, and Australia are active in Nigeria's solid minerals sector and that the minister has attended more investment conferences in Western countries.Punch NewspapersDigital Identity to Track Illegal Miners, Boost RegulationThe Federal Government of Nigeria is deploying digital identity technology through collaboration between the Ministry of Solid Minerals Development and the National Identity Management Commission to track mining operators, combat illegal mining, and strengthen regulatory oversight in the solid minerals sector. The initiative, led by Minister Dele Alake and NIMC Director-General Abisoye Coker-Odusote, leverages the recently enacted NIMC Act 2026 to improve transparency, accountability, and security across Nigeria's mining value chain. The partnership aims to enable better monitoring of operators, database integration across government agencies, and enforcement of Community Development Agreements in mining host communities.Vanguard NewsNew tax law: NRS takes over collection of mineral royaltiesThe Nigeria Revenue Service (NRS) has taken over the collection of mineral royalties from mining sector operators, effective January 1, 2026, following a meeting between the Minister of Solid Minerals Development and the NRS chairman in Abuja. The transition results from new tax laws enacted by President Bola Tinubu on June 26, 2025, which empowers NRS to administer all federally collectable revenue. The Ministry of Solid Minerals Development will continue as a technical partner, providing mineral pricing data and geological information while both institutions implement a joint sensitization program and develop a digital royalty administration system.