Nigeria’s mining authorities to revoke 3,000 mineral titles
The titles at risk of federal axe represent 25 per cent of the total 10,959 mining operators registered in Nigeria.
Federal mining licensors at
Nigeria’s Mining Cadastre Office(MCO) are looking to February 12 to commence the revocation of some 2,763 mineral titles whose holders have failed to pay outstanding yearly service fees in a new aggressive revenue drive designed to swell government’s coffers in 2021.
The titles at risk of federal axe represent 25 per cent of the total 10,959 mining operators registered in Nigeria, according to data from the Ministry of Mines and Solid Minerals Development as of December 31, 2020.