The Federal Government via the Ministry of Solid Minerals Development has revoked 1,633 mining licenses previously given to non-complying mining companies.
Dele Alake, Minister of Solid Minerals Development, announced this during a press briefing on Tuesday in Abuja.
Alake said the licenses of these mining companies were revoked due to their failure to pay mandatory annual service fees of N1,500 per cadastral unit.
“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.” Alake stated.
