Section 4: Functions of the Corporation

Subject to the provisions of this Act, and without prejudice to the operation of section 2 of the Nigerian Steel Development Authority Act, the Corporation shall be charged with the general duty of-(a) exploring and prospecting for, working, mining or otherwise acquiring, processing and disposing of minerals of various kinds occurring in Nigeria other than petroleum or coal;
(b) smelting, roasting, assaying, amalgamating, refining, or otherwise treating the minerals aforesaid in any manner calculated to render the products and by-products of any such mineral marketable;
(c) purchasing the ores or the products and by-products of any of the minerals aforesaid from any source outside Nigeria in any case where they are not available in Nigeria;
(d) marketing the ores, products and by-products of any or all the minerals aforesaid;
(e) performing the other functions conferred on it by or pursuant to this Act.