Nigerian Government, Generates N6.96bn From Mining Fees

The Federal Government, through the Ministry of Solid Minerals Development, generated N6.96bn in mining fees and registered 118 new private mineral buying centres in the first quarter of 2025. The Minister of Solid Minerals Development, Dr Dele Alake, says the revenue reflects the outcome of the Ministry’s efforts to raise awareness and attract investors. He says the mining fees collected by the licensing parastatal, Mining Cadastral Office, came from 955 applications for title grants. He noted that 651 title applications were approved for exploration, 270 for small-scale mining, 49 for quarrying, and 24 for reconnaissance permits.

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