Community Guidelines: Nigerian govt to revoke mining licences
“Any company that fails to sign their community development agreement stands the risk of having its licences revoked,” Mr Alake said.
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“Any company that fails to sign their community development agreement stands the risk of having its licences revoked,” Mr Alake said.
The Federal Government, through the Ministry of Solid Minerals Development, has approved 499 licences for the buying and selling of solid minerals in
The Nigerian government has declared that it is being owed trillions of naira in unpaid royalties and taxes by legalised operators in the mining industry.
The Federal Government has planned to collaborate with the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to block revenue leakages in the mining sector.
The Federal Government and the RMAFC have resolved to strengthen collaboration to block revenue leakages in the mining sector.