Extractive Value Chain
Understand how Nigeria's extractive industries operate from exploration through revenue distribution.
Stages of the Value Chain
1
Exploration
Companies conduct geological surveys and drilling to identify mineral and energy resources.
2
Development
Infrastructure is built to enable production of minerals, oil, and gas.
3
Production
Resources are extracted and processed for market.
4
Trading & Export
Products are sold domestically or exported internationally.
5
Revenue Collection
Government receives royalties, taxes, and other payments from companies.
6
Revenue Allocation
Revenue is distributed to federal, state, and local governments.
Key Stakeholders
Government
- • Federal Ministry of Resources
- • Regulatory Commissions
- • NNPC Limited
- • State Governments
Industry
- • Oil & Gas Companies
- • Mining Companies
- • Service Providers
- • Contractors
Others
- • Civil Society
- • Communities
- • International Partners
- • Research Institutions