FG Revokes 1,263 Mineral Licences

FG revokes 1,263 mineral licences

Minster of Solid Minerals Development, Dr Dele Alake, has approved the revocation of 1,263 mineral licences over default in payment of annual fees. Alake gave the approval in a statement by his Special Assistant on Media, Segun Tomori, on Sunday, in Abuja. He said the approval, recommended by the Nigerian Mining Cadastre Office (MCO) included 584 exploration licences, 65 mining leases, 144 quarry licences, and 470 small-scale mining leases. He s…

FG Revokes 1,263 Mining Licences Over Unpaid Fees - TV360 Nigeria

In a sweeping move aimed at overhauling Nigeria’s solid minerals sector, the Federal Government has revoked a total of 1,263 mineral licences belonging to operators who failed to meet the mandatory annual service fee requirement. According to a statement from Segun Tomori, Special Assistant on Media to the Minister of Solid Minerals Development, the cancelled titles include:584 exploration licences, 65 mining leases,144 quarry licences and 470 s…

FG Cancels 1,263 Mining Licences in Sector Clean-Up

Dele Alake, Minister of Solid Minerals Nigeria’s mining sector is undergoing a dramatic shake-up as the Federal Government has revoked 1,263 mineral licences over defaults in the payment of mandatory annual service fees. The move, approved by the Minister of Solid Minerals Development, Dr. Dele Alake, follows a recommendation from the Nigerian Mining Cadastre Office …

FG Revokes 3,794 Mining Licences in Two Years

By Adedapo Adesanya Nigeria has revoked 3,794 mining licences since the inception of President Bola Tinubu administration in May 2023. This is as the Minster of Solid Minerals Development, Mr Dele Alake, recently approved the revocation of 1,263 mineral licences over default in payment of annual fees. In a statement by his Special Assistant on Media, […]

Nigeria Revokes 1,263 Mineral Licences Over Default - Economi Confidential

The Federal Government has announced the revocation of 1,263 mineral licenses across the country as part of its ongoing efforts to sanitise the solid minerals sector and enforce compliance with extant laws. The post Nigeria Revokes 1,263 Mineral Licences Over Default appeared first on Economi Confidential.

Nigeria Revokes 1,263 Mineral Licences

Advertisements The Minister of Solid Minerals Development, Dr Dele Alake, has approved the revocation of 1,263 mineral licences over default in payment of annual fees.Alake gave the approval in a statement by his Special Assistant on Media, Segun Tomori, on Sunday in Abuja.He said the approval, recommended by the Nigerian Mining Cadastre Office (MCO) included 584 exploration licences, 65 mining leases, 144 quarry licences, and 470 small-scale mi…