Do You Know?

During its operational lifetime, the defunct Nigerian Mining Corporation (NMC) established seven (7) wholly owned subsidiary limited liability companies. In addition, it had 23 associated limited liability companies while at the same time stood proxy on behalf of the Federal Government of Nigeria in four (4) foreign holdings as follows?

a)     NMC Subsidiaries Limited Liability Companies

1. NIMCO Quarry Product Limited
2. NIMCO Terrazzo Company Limited
3. Nigeria Bricks and Clay Product Limited
4. Nigerian Kaolin Limited
5. NIMO Gold Mining Company Limited
6. Nigerian Tin and Allied Minerals Product
7. NIMCO Feldspar / Quartz Project

b) NMC Associated Company

1. Nigeria Bricks and Clay Products (Plateau) Ltd            –              86%
2. Ririwai Mines Limited (Kano)                                       –              84%
3. Nigerian Diatomite Company Ltd                               –              80%
4. Consolidated Tin Mines Limited                                 –              60%
5. Nigerian Uranium Mining Company Ltd                    –              60%
6. NIMCO Concrete Roofing Titles Ltd                           –              43%
7. Nigerian Freedom Mining Company Ltd                   –              40%
8. Oil Chem (TC) Limited                                                –              60%
9. Makeri Smelting Company Ltd                                  –              39%
10. Jakura Marble Industry Ltd                                        –              35%
11. Gombe Explosives Manufacturing Co. Ltd                 –              35%
12. NOMIL Mines                                                             –              30%
13. NIBO Mines                                                                –              30%
14. Nigerian Dolomite Mining Co. Ltd                             –              25%
15. Nigerian Marble Mining Co. Ltd                                 –              20%
16. Primary Mines (Iperindo)                                            –              20%
17. Cross River Limestone Co. Ltd                                    –              20%
18. Plateau Ceramics Industry Ltd                                    –              18%
19. Arewa Ceramics Limite                                               –              18%
20. Katsina Ceramics Co. Ltd                                            –              15%
21. Nigerian Electricity Supply Corporation                     –              9%
22. Mubi Burnt Bricks Industry Ltd                                   –              86%
23. Izom Clay and Bricks Products Ltd                             –              40%

c) NMC Foreign Holdings

1. Niger Uranium                                                            –              30%
2. Guinea Uranium                                                          –              25%
3. Guinea Bauxite                                                            –              13%
4. Niger Phosphate                                                         –              10%