Tag
DELE ALAKE
The federal government has revoked 924 inactive mining licenses, alleging that miners had facilitated a black market for acquiring mining titles.
Dele Alake, the Minister of Solid Minerals Development, has informed investors that Nigeria should not import bitumen given its reserves of 42 billion barrels, highlighting the country’s potential to be a net exporter.
New mining licenses will be issued by the federal government solely to companies that propose a strategy for local mineral processing, as part of the new guidelines being established by the Ministry of Solid Minerals
Dele Alake, the Minister of Solid Minerals Development, has officially launched the inaugural group of Mining Marshals Corps, aimed at tackling the issue of unauthorized mining activities.
The Minister of Solid Minerals Development, Dele Alake, has suggested that the federal government can generate revenue through taxing and royalties on artisanal miners in the country.
The Minister of Solid Minerals Development, Dele Alake, has said the federal government is yet to recover a swooping debt of over N2 trillion from miners and operators in the country.
The Federal Government, through the Ministry of Solid Minerals Development, has approved about 499 licences for the buying and selling of solid minerals in Nigeria in 2023.
Nigeria's Minister of Solid Minerals Development, Dele Alake, has revealed that the Federal Government is owed trillions of Naira in unpaid royalties and taxes by legal mining operators.
The Minister of Solid Mineral Development, Mr. Dele Alake has stated that part of the federal government initiative to attract investment to the mining sector is through tax waivers on imported mining equipment into the country.
The Federal Government has pledged to enhance professionalism within Nigeria's extractive industry by eliminating quackery in the mining sector.
Nigeria’s Minister of Solid Minerals, Mr. Dele Alake, has appealed to the House of Representatives Committee on Solid Minerals to increase the 2024 budgetary allocation from its current N24 billion to a swooping N250 billion.
The Minister of Solid Minerals Development, Dele Alake, said the federal government is in advance talks with the United States of America government to explore financing mining firms and infrastructures in Nigeria.