Nigeria To Raise Mining Licence Fees, Other Charges

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The Nigerian government has indicated an intention for an upward review of mining licence rates and other sundry fees payable by mining operators in the country.

The minister of solid minerals development, Dr. Dele Alake, who announced this during a consultative meeting with stakeholders in the mining industry, stressed the imperative of the review to boost the capacity of the government to effectively reposition the mining sector.

In a statement by Segun Tomori, the minister’s special assistant on media, on Thursday, Alake enumerated efforts being made to reposition the mining industry, and revealed that asides from on-going reforms, the federal government was sanitising the mining environment through the newly unveiled Mining Marshals, which he affirmed had been conducting operations in parts of the country to protect legitimate miners and combat illegal mining.

He solicited the support of stakeholders for the impending increase in fees for mining licences and other sundry…



Source: Leadership Newspaper