Nigerian Government Revokes 1,263 Mineral Licences

Video Summary

The Federal Government has announced the revocation of 1,263 mineral licenses across the country as part of its ongoing efforts to sanitise the solid minerals sector and enforce compliance with extant laws.. The Minister of Solid Minerals Development, Dr Dele Alake, says the revoked titles comprise 584 exploration licenses, 65 mining leases, 144 quarry licenses, and 470 small-scale mining leases. These licenses will be deleted from the Electronic Mining Cadastral System portal of the Nigerian Mining Cadastral Office.. Alake explained that the revocation was approved following recommendations from the MCO after the affected companies failed to comply with the mandatory payment of their annual service fees.

Video Details

Source: YouTube

Publication Date: 2025-10-09T17:14:49Z

Original Link: Watch the video on YouTube

Full Description

The Federal Government has announced the revocation of 1,263 mineral licenses across the country as part of its ongoing efforts to sanitise the solid minerals sector and enforce compliance with extant laws.
The Minister of Solid Minerals Development, Dr Dele Alake, says the revoked titles comprise 584 exploration licenses, 65 mining leases, 144 quarry licenses, and 470 small-scale mining leases. These licenses will be deleted from the Electronic Mining Cadastral System portal of the Nigerian Mining Cadastral Office.
Alake explained that the revocation was approved following recommendations from the MCO after the affected companies failed to comply with the mandatory payment of their annual service fees.
He says the measure is part of the ministry’s strategy to weed out speculators and unserious operators from the mining sector, thereby creating space for genuine investors.