BREAKING: FG Revokes 924 Dormant Licences In Mining Industry

The Federal Government of Nigeria has taken a decisive decision in the mining sector by revoking about 924 dormant licences across various segments, including Exploration, Mining, Small-Scale Mining, and Quarrying.

The Minister of Solid Minerals Development, Mr Dele Alake made this pronouncement today during a press conference held in Abuja.

While emphasizing that the revocations were in line with constitutional provisions and due process, with adequate notice provided to all concerned parties, he said the revocations were officially communicated through the Gazette of the Federal Republic of Nigeria, No. 227, published on December 27, 2023.

The Minister said the move aligns with the president Tinubu's administration commitment to optimizing the mining industry’s efficiency and ensuring that resources are effectively utilized for national development

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