Business & EconomyLocalNews

FG Revokes 1,633 Mining Licenses Over Unpaid Levies

0

FG-Revokes-1,633-Mining-Licenses-Over-Unpaid-Levies

The Minister of Solid Minerals Development, Dele Alake, has disclosed that 1,633 mineral titles have been revoked from their holders over their inability to pay required dues to the Federal Government coffers.

Alake, meanwhile, warned the former title holders to vacate the relevant cadastre immediately to avoid having any confrontations with security agencies that have been deployed to ensure compliance with the new development.

According to him, security agencies, in collaboration with the Mines Inspectorate of the Ministry, have been authorised to apprehend any defaulters found in the areas where titles have been revoked.

Speaking at a media briefing in Abuja on Tuesday, Alake explained that the mineral titles were revoked due to the holders’ failure to pay the prescribed annual service fees on time.

He said despite a 30-day written default notice from the Mining Cadastre Office, the holders were found in violation and non-compliance with their statutory obligations to the government.

Rachael Aiyke
Mike Ojo

Court Issues Bench Warrant Against Alleged Petroleum Products Thieves

Previous article

BREAKING: Panic As Gunmen Attack Adamawa Police Headquarters

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.