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FG revokes 1,263 mining licences over unpaid service fees

Salient Times Online by Salient Times Online
September 22, 2025
in Business
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FG revokes 1,263 mining licences over unpaid service fees
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.,…EFCC may probe defaulters

The federal government has revoked 1,263 mining licences over unpaid service fees.

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Segun Tomori, special assistant on media to the minister of solid minerals development, announced the revocations in a statement on Sunday.

Tomori said the licences will be deleted from the electronic mining cadastral system portal managed by the Nigerian Mining Cadastral Office (MCO).

The special assistant said the cancelled licences comprises 584 exploration licences, 65 mining leases, 144 quarry licences, and 470 small-scale mining leases.

He said the move is aimed at opening up the areas to fresh applications from investors seeking new opportunities in the mining sector.

“The latest revocation brings the total mineral titles revoked under the current administration to 3,794 including, 619 mineral titles revoked for defaulting in paying annual service fees and 912 for dormancy last year,” Tomori said.

“This is part of ongoing efforts at sanitizing the sector since the inception of the Tinubu administration and the salutary effects of the reforms are massive and manifest despite the attempts to push back by defaulters and their agents.”

According to the statement, the approval for the revocations followed recommendations from the MCO.

‘Annual Service Fees Owed Must Be Paid’

Speaking on the development, Dele Alake, minister of solid minerals development, said applying the law to keep speculators and unserious investors away from the mining sector would make way for diligent investors and grow the sector.

“The era of obtaining licences and keeping them in drawers for the highest bidder while financially capable and industrious businessmen are complaining of access to good sites is over,” the minister was quoted as saying.

“The annual service fee is the minimum evidence that you are interested in mining. You don’t have to wait for us to revoke the license because the law allows you to return the license if you change your mind.”

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The minister also warned that the revocation does not imply that the government has forgiven outstanding annual service fees owed by licensees.

Alake added that the list of defaulters would be forwarded to the Economic and Financial Crimes Commission (EFCC) to ensure payment or face legal consequences.

“This is to encourage due diligence and emphasise the consequences of inundating the license application processes with speculative activities,” he said.

In his recommendation to the minister, Simon Nkom, director-general of the MCO, disclosed that 1,957 initial defaulters were identified when the MCO published its intention to revoke licences in the federal government gazette on June 19, 2025.

He said the gazette was distributed nationwide to sensitise licensees and encourage compliance within 30 days — a timeline he said align with the Minerals and Mining Act 2007 and relevant regulations.

Nkom said delays in the final revocation were due to complaints from several licensees who claimed to have paid through Remita, which had to be reconciled.

Tags: Dele Alake
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