The Federal Government of Nigeria has revoked 3,400 mining licenses for default or failure to meet up operational guidelines.
This was disclosed by the
Director General DG/ Chief Executive Officer, Nigeria Mining Cadastre system Engr. Obadiah Simeon Nkom, yesterday while answering questions from journalists in Calabar shortly after delivering a speech at the one day sensitization workshop for stakeholders on the adoption of electronic Mining Cadastre System –eMC Plus.
He stated that the –eMC Plus system if adopted is capable of adding value to the sector stressing that registration for operators of the sector can now be done electronically by the operators while sitting at the comfort of their homes via the internet.
The highlights of the electronic Mining Cadastre-eMC+ to include, online mineral title administration, ease of usage by all stakeholders, transparency in mineral title administration, and ease of doing business in Nigeria Mining sector.
The Chief Executive Officer maintained that plans were underway for official unveiling of an electronic Mining Cadastre system scheduled for November 1, 2022.