News
FG moves to review mining licence rates
The Federal Government, through the Ministry of Solid Minerals Development, has announced plans to review rates of mining licenses and other sundry fees payable by mining operators in the country.
Speaking during a consultative meeting with stakeholders in the mining industry on Thursday in Abuja, the Minister of Solid Minerals Development, Dele Alake, stressed that the review has become inevitable if government is to effectively fulfil its obligations of providing an enabling environment for mining operations whilst also raising more revenue for government.
He added that the plan would also boost the capacity of government to effectively reposition the mining sector and solicited the support of stakeholders for the impending increase in fees for mining licenses and other sundry fees.
Highlighting efforts to reposition the mining industry, the Minister revealed that asides from on-going reforms, the administration is sanitising the mining environment through the newly unveiled mining marshals, which he affirmed has been conducting operations in parts of the country to protect legitimate miners and combat illegal mining.
The minister in a statement signed by his special assistant on media, Segun Tomori said, “For us to continue to ensure that we secure the mining environment and keep putting in place measures that will ease the operational difficulties and challenges that confront miners, we need to review the rates of mining licenses and other sundry fees.
“We felt that we can’t just do this without letting you know because invariably, you are the players in the industry.”
Concerning the recent revocation of dormant mining licenses, the Minister noted that the government followed due process and extant laws guiding the action, emphasising that a 30-day restitution window still exists for operators that were affected.
It will be recalled that the Minister announced a restitution fee of N10m, 7.5m, 5m and 2.5m for Mining Leases, Small Scale Mining Licenses, Exploration License and Quarrying License respectively for revoked dormant licenses including those earlier revoked for default in payment of annual service fees.
In his submission, the Director-General of the Mining Cadastral Office, Engr. Obadiah Nkom, who also chair the fees review committee, stated that the committee recommended new rates that are affordable and will enhance the competitiveness of the fiscal regime of the mining sector in comparison with regional and global standards.
Speaking on behalf of the stakeholders, the President of the Miners Association of Nigeria, Dele Ayanleke commended the Minister for his efforts to put the mining sector on global frontburner, expressing support for ongoing reforms and plans to review fees payable by operators.
He urged the minister to consider challenges faced by miners and ensure the rates are affordable.
Other stakeholders in attendance include Representatives of Women In Mining, Gemstone Miners Association and top officials of the ministry.
By Kayode Sanni-Arewa
Former Kaduna State Governor Nasir el-Rufai has launched a scathing attack on President Bola Tinubu’s administration, describing it as the “worst, most corrupt, and most intolerant” federal government since Nigeria’s return to democracy in 1999.
Speaking to journalists in Katsina on Monday night, el-Rufai accused the government of widespread dishonesty and failure to address the country’s worsening insecurity.
“This is the worst federal government in Nigerian history, and all the indices have shown it,” he said.
He charged the Tinubu administration with spreading propaganda, particularly on the security situation in the country.
“They lied that security has improved in Nigeria. They read out numbers of bandits killed except the ones we know are the leading bandits… Dogo Gide is still around, Mallam Abba… Bello Turji is still around,” he claimed.
Issues of insecurity in northern Nigeria
El-Rufai questioned how many local government areas remain under bandit control in states like Katsina, Zamfara, and parts of Sokoto, accusing the federal government of ignoring the root causes of insecurity.
He also hinted at a political realignment ahead of the 2027 elections, predicting that the Social Democratic Party (SDP) would unseat the ruling All Progressives Congress (APC).
El-Rufai was in Katsina to offer condolences to Governor Dikko Radda over his mother’s passing.
Days earlier, he had joined former Vice President Atiku Abubakar and other political figures on a unity visit to former President Muhammadu Buhari in Kaduna.
He later described the visit as a symbol of “unity and brotherhood.”
By Kayode Sanni-Arewa
Arsenal on Wednesday hammered Real Madrid and finally hit the semis on 5-1 aggregate.
Bukayo Saka after losing a penalty in the the first half at the 13th minute but made up at the 65th minute.
Vinicius Jnr equalised within two minutes as Gabriel Martinelli nailed it for Arsemal at extra time.
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