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Africa Housing News > Blog > News > BREAKING: FG revokes 1,633 mining licences
BREAKING: FG revokes 1,633 mining licences
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BREAKING: FG revokes 1,633 mining licences

Fesadeb
Last updated: 2023/11/21 at 6:38 PM
Fesadeb Published November 21, 2023
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Dele Alake
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The Federal Government through the Ministry of Solid Minerals Development has revoked 1,633 minerals titles previously given to non-complying mining companies.

The Minister of Solid Minerals Development, Dele Alake, announced this during a press briefing on Tuesday in Abuja.

He said the licenses of these mineral title holders were revoked due to failure to pay mandatory annual service fees of N1,500 per cadastral unit.

READ ALSO: Housing Minister, Dangiwa assures Commitment towards Housing Provision for Nigerians in Diaspora

He said, “The Mining Cadastre Office has recommended the revocation of 1,633 mineral titles as follows: Exploration Licence, 536; Quarry Licence, 279; Small Scale Mining Licence, 787 and Mining Lease, 31.

In line with the powers conferred on me by the NMMA 2007, Section 5 (a), I have approved the revocation of the 1,633 titles.”

More details soon…

Source: Punch Newspaper

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Fesadeb November 21, 2023 November 21, 2023
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