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The Federal Government has revoked additional 924 dormant mining licenses. Minister of Solid Minerals Development, Dr Dele Alake announced this on Wednesday in Abuja as he decried the racketeering of the issuance of the licences. He told newsmen that mining licence racketeering was impeding the development of the sector and obstructing genuine investors from showing
The revoked 928 dormant licences include 528 exploration licences, 20 mining leases, 101 quarry licences, and 273 Small Scale Mining Licences (SSML).
The federal government has revoked another 924 mineral titles due to inactivity at the mining sites.
The Nigerian government has announced the revocation of 924 licences of dormant miners comprising exploration, mining, small-scale mining and quarrying. The Minister of Solid Minerals Development, Mr. Dele Alake, who made this known at a press conference in Abuja on Wednesday, said the revocation of the licences is in furtherance of the government’s efforts to sanitise the country’s mining sector.
Minister of Solid Minerals Development, Dr Dele Alake announced this on Wednesday in Abuja as he decried the racketeering of the issuance of the licences.