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The Minister of Solid Minerals Development, Dr Dele Alake, has announced plans to revoke more than 1,000 dormant mining licences across Nigeria.
The move is part of the Federal Government’s drive to clean up the licencing system and reposition the mining and steel sector for industrial growth.
Recall that in May 2024, the Federal Government revoked 924 inactive mining licences, accusing some holders of using them to fuel a black market for acquiring mining titles. The cancelled permits included 528 exploration licences, 20 mining leases, 101 quarry licences, and 273 small-scale mining licences
