Just in: FG revokes licences of 1,633 mining companies


The Federal Government has revoked 1,633 mineral titles previously given to non-complying mining companies.


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

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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.

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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.

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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.”



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