The Federal Government had revoked 1,633 mining licenses of those that defaulted in the payment of annual service fees in 2023. The Minister of Solid Minerals Development, Dr Dele Alake, disclosed this in his New Year Goodwill Message to Nigerians in Lagos on Monday. He said more revocation of mining license is underway for other categories of defaulters in 2024. “The Federal Government was prioritising value addition for prospective investors in the mining sector, adding...

….Says he’s not unmindful of frustrations of Nigerians In a New Year message to Nigerians, President Bola Tinubu has assured Nigerians that he will diligently ensure the citizens feel the impact of his government in 2024, promising to fight obstacles that impede business competitiveness in the country, among other issues. The President among other things stressed that all the decisions he had taken so far were for the good of the citizens and that he is...

Dr. Dele Alake, the Minister of Solid Minerals Development has assured Nigerians that the mining sector will experience a major leap in 2024 towards contributing substantially to the nation’s Gross Domestic Product (GDP). Alake, in his New Year goodwill message to Nigerians, reiterated that President Bola Tinubu’s vision of diversifying the economy through renewed focus on solid minerals is on course, stressing that reforms in the sector will yield tremendous results in the New Year....