Nigeria, Sept. 23 -- The revoked titles cut across exploration, quarrying, small-scale, and large-scale mining operations.
According to figures released, 584 exploration licenses, 65 mining leases, 144 quarry licenses, and 470 small-scale mining leases were affected.
Minister of Solid Minerals Development, Dr. Dele Alake, explained that the decision followed recommendations from the Mining Cadastre Office and was designed to ensure that only serious and diligent investors are allowed to operate in the sector.
Alake emphasized that the government would not hesitate to enforce the law, noting that the step would discourage speculators and inactive operators while creating opportunities for credible investors to responsibly develop the na...
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