Nigeria's Ministry of Solid Minerals Development plans to review mining license fees and combat illegal mining.
Nigeria's Ministry of Solid Minerals Development plans to review mining license fees and other charges, aiming to boost govt capacity and provide an enabling environment for mining operations while generating additional revenue. The reforms include revoking dormant licenses and introducing mining marshals to combat illegal activities. The new rates, recommended by the fees review committee, are affordable and competitive with regional and global standards.
May 02, 2024
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