The federal government awarded a contract sometime last year after the approval of the Federal Executive Council.
The National Integrated Mineral Exploration Project (NIMEP) is a project of the Federal Government’s in the mining sector anchored by the Ministry of Mines & Steel Development. and is financed through the Natural Resources fund and domiciled with the Nigeria Geological Survey Agency (NGSA), which also serves as the supervising Secretariat. involves about N15 billion ($45 million) and it is being undertaken nationwide.
NIMEP It is designed to be executed and funded in phases, beginning from desktop studies, geological mapping, sampling, trenching, sample analysis, acquisition/ interpretation of ground electro-magnetic modelling, integration of data and reporting. They are also expected to provide periodical report at the end of each phase. It involves the exploration of base metals, rare earth metals and industrial metals like Lead, Zinc, Barite, and Iron Ore. Preliminary results are encouraging and are being presented at different fora.
The end result is to provide a commercially viable data that can be accessed by foreign investors for bidding which will deepen our mining activities. In addition, the Automation and Upgrading of Mining Cadastre Office (MCO) to an online platform which enables interested mineral title applicants assess their services is a notable achievement.