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Nigeria denies claims of foreign mining takeover, calls them false, and revokes licenses over unpaid fees.
Nigeria’s Ministry of Solid Minerals Development accused Jupiter Limited of orchestrating a false smear campaign ahead of President Bola Tinubu’s UK visit, dismissing claims of armed seizure of a British lithium project as baseless.
The ministry confirmed no legal ties with Jupiter or foreign firms, citing the Minerals and Mining Act, and stated that mineral titles linked to Basin Mining Ltd—fronted by Australian national Steve Davis—were revoked for non-payment of ₦2.494 billion in fees.
It denied reports that the titles were transferred to a Chinese company, calling them fabrications, and criticized Davis’s use of shell companies for speculative licensing, which fuels illegal mining.
The government reaffirmed its commitment to reform, transparency, and attracting legitimate investment.
Nigeria niega las afirmaciones de la adquisición extranjera de la minería, las llama falsas y revoca las licencias por honorarios no pagados.