The Federal Government, through the Ministry of Solid Minerals Development, has revoked 924 dormant mineral licences
The Minister of Solid Development Minerals, Dele Alake, disclosed this information at a press conference on Wednesday in Abuja.
The revoked licences include 528 exploration licences, 20 mining leases, 101 quarry licences and 273 small-scale mining licences.
Last November, the ministry revoked 1,633 mineral titles previously given to non-complying mining companies.
The minister also promised to clean up the solid minerals sector for international competitiveness and urged all stakeholders who have acted wrongly in this sector to turn a new leaf.
But speaking at the briefing, Alake said the ministry decided after identifying a problem of licence racketeering among players in the sector.
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