1,633 mining permits are canceled by Minister Dele Alake

He promised to redistribute the suspended licenses to more deserving investors who show a dedication to following the rules.1,633 mining titles were revoked due to nonpayment of annual service fees, as announced by Solid Minerals Development Minister Dele Alake.On Tuesday, November 21, 2023, at a news conference in Abuja, the announcement was made.The Mining Cadastral Office (MCO) began the revocation process on October 4 and targeted 2,213 titles, which included 98 mining leases, 364 quarry licenses, 795 exploration titles, and 956 small-scale mining permits. These were released along with a notice of revocation for failure to pay annual service fees in the Federal Government Gazette Number 178, Volume 110 of October 10.