-Special Report-
FG
Revokes 1,263 Mineral Licenses Over Annual Service Fee Defaults
In a
sweeping move to sanitize Nigeria’s mining sector, the Federal Government has
revoked 1,263 mineral licenses due to non-compliance with annual service fee
obligations.
This decisive action, announced by the Ministry of Solid Minerals Development, marks a significant milestone in the Tinubu administration’s ongoing reforms aimed at curbing speculative practices and fostering genuine investment in the solid minerals industry.
The
revoked licenses span a wide array of mineral titles: 584 exploration licenses,
65 mining leases, 144 quarry licenses, and 470 small-scale mining leases. These
titles will be permanently deleted from the Electronic Mining Cadastral System
(eMC+), the digital registry operated by the Nigerian Mining Cadastral Office
(MCO). By releasing these previously held areas, the government intends to
attract fresh applications from serious investors, thereby reinvigorating the
sector with new opportunities.
Minister
of Solid Minerals Development, Dr. Dele Alake, approved the revocation following
recommendations from the MCO. He emphasized that the enforcement of the
Minerals and Mining Act 2007 is crucial to discourage speculative hoarding of
licenses and to ensure that only committed stakeholders participate in the
sector. Alake decried the practice of acquiring licenses merely to hold them
for resale, stating, “The era of obtaining licences and keeping them in drawers
for the highest bidder while financially capable and industrious businessmen
are complaining of access to good sites is over.”
The
minister clarified that the revocation does not absolve the affected license
holders of their financial obligations. In fact, the list of defaulters is
being forwarded to the Economic and Financial Crimes Commission (EFCC) for
recovery and enforcement. This step underscores the government’s resolve to
ensure accountability and due diligence in the mining license application
process.
The
Director-General of the MCO, Engr. Simon Nkom, provided further context,
revealing that the revocation process began with a notice published in the
Federal Government Gazette on June 19, 2025. Initially, 1,957 licenses were
flagged for default, and licensees were given a 30-day window to comply. The
final tally of 1,263 revocations followed a thorough reconciliation process,
including verification of payments made via the Remita platform.
This
latest action brings the total number of mineral titles revoked under the
current administration to 3,794. This figure includes 619 licenses revoked last
year for similar fee defaults and 912 for dormancy.
Despite
resistance from defaulters and their agents, the Ministry asserts that the
reforms are yielding positive results, positioning the mining sector as a key
driver of Nigeria’s economic diversification agenda.
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