Nigeria Revokes 1,263 Mining Licences to Attract Serious Investors
Nigeria Cancels Over 1,200 Dormant Mining Licences to Boost Solid Minerals Investment The Nigerian government has revoked 1,263 mineral licences in a sweeping effort to reform its underdeveloped mining sector and eliminate speculative operators. The move aims to free up access for serious investors seeking opportunities in the country’s solid minerals industry. The affected licences, now slated for removal from the Electronic Mining Cadastral System (eMC+) portal of the Nigerian Mining Cadastral Office (MCO), include: 584 exploration licences 65 mining leases 144 quarry licences 470 small-scale mining leases Cracking Down…
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