NKOM - Nigerian Mining News https://nigeriamining.today Thu, 23 Jan 2025 20:14:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.5 https://nigeriamining.today/wp-content/uploads/2023/10/Screenshot-2023-10-31-at-19.14.10-150x150.png NKOM - Nigerian Mining News https://nigeriamining.today 32 32 NSCDC Mining Marshals Unveil 2025 Strategy Against Illegal Mining https://nigeriamining.today/2025/01/23/nscdc-mining-marshals-unveil-2025-strategy-against-illegal-mining/ Thu, 23 Jan 2025 20:14:14 +0000 https://nigeriamining.today/2025/01/23/nscdc-mining-marshals-unveil-2025-strategy-against-illegal-mining/ The NSCDC Mining Marshals have launched a 2025 Operational Plan focused on combating illegal mining. […]

The post NSCDC Mining Marshals Unveil 2025 Strategy Against Illegal Mining first appeared on Nigerian Mining News.

]]>
The NSCDC Mining Marshals have launched a 2025 Operational Plan focused on combating illegal mining. They aim for stronger regulatory compliance and closer collaboration with the Nigeria Mining Cadastre Office. Engr. Obadiah Nkom highlighted their commitment to safeguarding mineral resources, while initiatives for greater transparency in licensing are underway.

The Nigeria Security and Civil Defence Corps (NSCDC) Mining Marshals have introduced their Strategic Operational Plan for 2025, which aims to enhance field operations, improve regulatory compliance, and intensify actions against illegal mining activities. This strategy includes stronger collaboration with the Nigeria Mining Cadastre Office for effective enforcement of mining regulations.

Engr. Obadiah Nkom, Director-General of the Nigeria Mining Cadastre Office, praised the Mining Marshals for their professionalism and commitment to fighting illegal mining despite facing challenges. He recognised them as essential to national development, protecting mineral resources from economic threats.

Nkom lauded the NSCDC under the leadership of Dr. Ahmed Abubakar Audi for their integrity and efforts in fortifying the mining industry against illegal operations. AC John O. Attah, the Squad Commander, reiterated the Corps’ resolve to protect legitimate mineral rights and address community issues caused by unlicensed mining.

The Nigeria Mining Cadastre Office has committed to fully support the Mining Marshals, announcing initiatives to automate services and streamline licensing processes for better transparency and compliance. These developments indicate an escalation of enforcement actions against illegal mining in 2025, in collaboration with regulatory agencies.

The NSCDC Mining Marshals are tasked with safeguarding Nigeria’s mining sector by combating illegal mining activities. Their operations are crucial for ensuring legal compliance and maintaining the integrity of the country’s mineral assets. The strategic focus for 2025 highlights the urgency of tackling challenges posed by illegal miners and the need for effective regulatory measures.

In summary, the NSCDC Mining Marshals are gearing up for a proactive approach in 2025 with a clear operational plan that prioritises regulatory compliance and the fight against illegal mining. Their efforts will be bolstered by collaboration with the Nigeria Mining Cadastre Office, highlighting a committed stance towards protecting the nation’s mineral resources and enhancing the mining sector’s integrity.

Original Source: prnigeria.com

The post NSCDC Mining Marshals Unveil 2025 Strategy Against Illegal Mining first appeared on Nigerian Mining News.

]]>
Special Mining Marshals: Key Players in Nigeria’s Development https://nigeriamining.today/2025/01/23/special-mining-marshals-key-players-in-nigerias-development/ Thu, 23 Jan 2025 16:22:54 +0000 https://nigeriamining.today/2025/01/23/special-mining-marshals-key-players-in-nigerias-development/ The Special Mining Marshals contribute significantly to Nigeria’s national development by fighting illegal mining. Under […]

The post Special Mining Marshals: Key Players in Nigeria’s Development first appeared on Nigerian Mining News.

]]>
The Special Mining Marshals contribute significantly to Nigeria’s national development by fighting illegal mining. Under the guidance of Engr. Obadiah Nkom, they face challenges but are supported by strategic operational planning for 2025. The collaboration aims to improve compliance and safeguard mineral resources, promoting sustainable economic growth.

The Special Mining Marshals are crucial to Nigeria’s national development efforts by combating illegal mining across the nation. Engr. Obadiah Nkom, the Director-General of the Nigeria Mining Cadastre Office, commended their bravery in overcoming financial temptations, threats, and immense pressure. He highlighted their integrity, stating they are essential to the agency’s successes against illegal mining, which threatens the economy and environment.

In an initiative to strengthen mining sector operations, Commander John Onoja Attah revealed the Special Mining Marshals’ 2025 Strategic Operational Plans during a meeting with the Mining Cadastre Office. This plan aims to enhance field operations, regulatory compliance, and collaborative efforts against illegal mining. Nkom expressed the agency’s intention to support these plans with improved services through automation.

Nkom reiterated the valiant efforts of the marshals, stating their mission includes ensuring that legitimate mineral titleholders can access their resources without hindrance. Attah confirmed the marshals’ commitment to intensifying actions against illegal mining in 2025, addressing environmental concerns linked to unauthorized activities and framing the collaboration as a pivotal response to community challenges.

Highlighting Nigeria’s rich mineral resources, Nkom underscored the necessity of partnerships in fostering economic growth and attracting investments. He expressed optimism that renewed strategies and determination from the marshals will bolster Nigeria’s status in global minerals and energy innovation. Such efforts reflect the government’s dedication to sustainable mining practices and national economic transformation.

The Special Mining Marshals play a vital role in Nigeria’s efforts to manage and regulate mining activities, particularly in curbing illegal operations that threaten economic stability and environmental integrity. The Nigeria Mining Cadastre Office, under the leadership of Engr. Obadiah Nkom, aims to support the marshals through strategic operational plans and automation of services, enhancing oversight and transparency in the mining sector.

The collaboration between the Special Mining Marshals and the Nigeria Mining Cadastre Office signifies a collective effort to combat illegal mining while promoting legitimate resource access. The strategic operational plans and automation initiatives are set to improve regulatory compliance and service delivery, contributing to the sustainable development and economic transformation of Nigeria’s mining sector.

Original Source: www.peoplesdailyng.com

The post Special Mining Marshals: Key Players in Nigeria’s Development first appeared on Nigerian Mining News.

]]>
NSCDC Reveals Strategic 2025 Plan Against Illegal Mining https://nigeriamining.today/2025/01/23/nscdc-reveals-strategic-2025-plan-against-illegal-mining/ Thu, 23 Jan 2025 14:32:50 +0000 https://nigeriamining.today/2025/01/23/nscdc-reveals-strategic-2025-plan-against-illegal-mining/ The NSCDC Mining Marshals unveiled their 2025 plan to combat illegal mining, focusing on intensified […]

The post NSCDC Reveals Strategic 2025 Plan Against Illegal Mining first appeared on Nigerian Mining News.

]]>
The NSCDC Mining Marshals unveiled their 2025 plan to combat illegal mining, focusing on intensified operations, regulatory compliance, and collaboration with the Mining Cadastre Office. Key figures praised the NSCDC’s efforts in safeguarding the economy and promoting responsible mining practices.

The Nigeria Security and Civil Defence Corps (NSCDC) Mining Marshals have presented their operational strategies for 2025, prioritising robust field actions, improved compliance with regulations, and intensified efforts against illegal mining. They plan to collaborate closely with the Mining Cadastre Office to enhance their operational effectiveness.

The statement from NSCDC spokesperson Babawale Afolabi highlighted commendations from Obadiah Nkom, the Director-General of the Mining Cadastre Office, who praised the marshals’ perseverance in tackling illegal mining, despite numerous challenges. Nkom emphasised their commitment to protecting the nation’s economy from illegal activities.

Illegal mining poses significant risks to Nigeria’s economy and environment. The NSCDC aims to combat this issue through robust strategies and collaborations, ensuring the protection of legitimate mining operations. The 2025 plan underscores the importance of regulatory compliance and community engagement to address the consequences of unregulated mining activities.

The NSCDC Mining Marshals remain dedicated to eradicating illegal mining in Nigeria through a comprehensive approach that includes enhanced collaboration and effective regulatory measures. Their commitment to protecting legitimate miners and promoting environmental sustainability is crucial for national economic growth.

Original Source: punchng.com

The post NSCDC Reveals Strategic 2025 Plan Against Illegal Mining first appeared on Nigerian Mining News.

]]>
NSCDC Unveils 2025 Strategy to Tackle Illegal Mining in Nigeria https://nigeriamining.today/2025/01/23/nscdc-unveils-2025-strategy-to-tackle-illegal-mining-in-nigeria/ Thu, 23 Jan 2025 12:13:44 +0000 https://nigeriamining.today/2025/01/23/nscdc-unveils-2025-strategy-to-tackle-illegal-mining-in-nigeria/ The NSCDC has launched a strategic plan for 2025 to combat illegal mining in Nigeria, […]

The post NSCDC Unveils 2025 Strategy to Tackle Illegal Mining in Nigeria first appeared on Nigerian Mining News.

]]>
The NSCDC has launched a strategic plan for 2025 to combat illegal mining in Nigeria, enhancing field operations and regulatory compliance. Collaboration with the Nigeria Mining Cadastre Office is a key aspect of this initiative, aimed at improving enforcement against offenders. The plan focuses on supporting legitimate operations while addressing environmental concerns.

The Nigeria Security and Civil Defence Corps (NSCDC) Mining Marshals have introduced their 2025 operational strategy, designed to enhance field operations and strengthen the fight against illegal mining. Key focuses include improving regulatory compliance and collaborating more effectively with the Nigeria Mining Cadastre Office to ensure strict enforcement and prosecution of offenders.

CSC Babawale Afolabi, the NSCDC National Public Relations Officer, announced the initiative, emphasising the importance of this enhanced collaboration for better mining regulation enforcement. He highlighted that effective disciplinary measures are essential in addressing illegal mining practices.

Engr. Obadiah Nkom, Director-General of the Nigeria Mining Cadastre Office, commended the NSCDC officers for their commitment and resilience amidst challenges. He noted that the initiative spearheaded by Dr Ahmed Abubakar Audi mni OFR has significantly transformed the mining sector and reinforced the NSCDC’s role in protecting Nigeria’s mining resources.

AC John O. Attah, Squad Commander of the Mining Marshals, confirmed the full support from the Mining Cadastre Office towards automating services and upgrading systems to enhance transparency in licensing processes. He reiterated the NSCDC’s commitment to actively combat illegal mining while ensuring legitimate operations can continue without disruption.

In addition to tackling illegal activities, the collaboration aims to address environmental impacts and community issues arising from unauthorised mining. By safeguarding mineral resources, this strategy seeks to combat economic sabotage and promote sustainable development within Nigeria’s mining sector.

Illegal mining remains a significant threat to Nigeria’s economy and environment, leading to regulatory challenges and resource depletion. The NSCDC’s new strategy is pivotal for enhancing collaboration with the Nigeria Mining Cadastre Office. This initiative aims at systematic enforcement against mining violations and better management of Nigeria’s mineral resources, supporting legal operators while curbing illegal activities.

The NSCDC’s 2025 strategic plan responds to the urgent need for effective oversight of the mining industry. By fostering collaboration with the Nigeria Mining Cadastre Office, improving compliance, and intensifying crackdowns on illegal mining, this initiative promises to bolster Nigeria’s economic integrity. The commitment to address various challenges linked to unauthorized mining activities will ensure a more sustainable mining sector.

Original Source: thewhistler.ng

The post NSCDC Unveils 2025 Strategy to Tackle Illegal Mining in Nigeria first appeared on Nigerian Mining News.

]]>
Special Mining Marshals Commended for Combating Illegal Mining in Nigeria https://nigeriamining.today/2025/01/23/special-mining-marshals-commended-for-combating-illegal-mining-in-nigeria/ Thu, 23 Jan 2025 11:23:33 +0000 https://nigeriamining.today/2025/01/23/special-mining-marshals-commended-for-combating-illegal-mining-in-nigeria/ Nigeria’s Special Mining Marshals are praised for their efforts to combat illegal mining. Engr. Obadiah […]

The post Special Mining Marshals Commended for Combating Illegal Mining in Nigeria first appeared on Nigerian Mining News.

]]>
Nigeria’s Special Mining Marshals are praised for their efforts to combat illegal mining. Engr. Obadiah Nkom highlighted their integrity amidst challenges. Their strategic plan for 2025 aims to improve operations and collaboration, with a commitment from Nkom to automate services for better transparency. The article stresses the importance of minerals in Nigeria’s economic development.

Nigeria’s Special Mining Marshals have received commendations for their crucial role in fighting illegal mining, which jeopardises the nation’s economic growth and environmental health. Engr. Obadiah Nkom, Director-General of the Nigeria Mining Cadastre Office, acknowledged their bravery and integrity, noting their dedication amid financial temptations and personal threats.

The article discusses the challenges of illegal mining in Nigeria, which poses risks to both the economy and environment. Special Mining Marshals are pivotal to enforcing regulations and protecting legitimate mining activities. The goal of their strategic initiatives is to strengthen operational efficiency in combating illegal practices and support sustainable development in the mining sector.

The recognition of the Special Mining Marshals underscores the importance of their efforts in preserving Nigeria’s mining integrity. With ongoing strategic plans and automation of services, the Mining Cadastre Office aims to strengthen regulatory compliance and bolster economic growth through enhanced cooperation against illegal mining.

Original Source: www.peoplesdailyng.com

The post Special Mining Marshals Commended for Combating Illegal Mining in Nigeria first appeared on Nigerian Mining News.

]]>
NMCO Partners with DSS to Enhance Cybercrime Security Training https://nigeriamining.today/2024/12/02/nmco-partners-with-dss-to-enhance-cybercrime-security-training/ Mon, 02 Dec 2024 17:00:51 +0000 https://nigeriamining.today/2024/12/02/nmco-partners-with-dss-to-enhance-cybercrime-security-training/ The NMCO partnered with DSS to enhance cybercrime security training for staff, focusing on the […]

The post NMCO Partners with DSS to Enhance Cybercrime Security Training first appeared on Nigerian Mining News.

]]>
The NMCO partnered with DSS to enhance cybercrime security training for staff, focusing on the significance of the eMC+ system to safely manage online applications for Mineral Titles. Emphasis was placed on the importance of following security protocols to mitigate risks associated with cyber threats and improving overall agency transparency.

The Nigeria Mining Cadastre Office (NMCO) has teamed up with the Department of State Security (DSS) to enhance its staff’s skills in cybercrime security. Director General Engr Obadiah Nkom emphasised the urgency of this initiative due to the increasing necessity to secure NMCO’s cyberspace based on its activities and international engagements. He urged staff to follow the prescribed disciplinary training guidelines strictly.

Nkom highlighted the significance of NMCO’s transition to a web-based system via the launch of the electronic Mining Cadastre Plus (eMC+), which facilitates efficient application processing for Mineral Titles. He underscored the growing number of online applications since its launch in November 2022, stressing the need for users to remain vigilant against cyber threats.

The partnership between NMCO and DSS focuses on improving the agency’s cyber security measures, reflecting a broader trend of increasing awareness regarding digital threats in governmental operations. As more services move online, particularly in sensitive areas like mineral rights and titles, the risk of cyberattacks rises, necessitating improved security protocols and staff education.

The NMCO’s collaboration with the DSS marks a crucial step towards enhancing cyber security within governmental operations related to mining. By focusing on staff training in cyber awareness and reinforcing ethical accountability, NMCO aims to safeguard its online systems and support transparency and efficiency in the mineral sector’s operations.

Original Source: www.thisdaylive.com

The post NMCO Partners with DSS to Enhance Cybercrime Security Training first appeared on Nigerian Mining News.

]]>
NMCO Reports N8bn Revenue in October 2024 Amidst Operational Challenges https://nigeriamining.today/2024/11/28/nmco-reports-n8bn-revenue-in-october-2024-amidst-operational-challenges/ Thu, 28 Nov 2024 10:41:31 +0000 https://nigeriamining.today/2024/11/28/nmco-reports-n8bn-revenue-in-october-2024-amidst-operational-challenges/ The NMCO generated N8.2 billion in October 2024, with total revenues reaching N36 billion since […]

The post NMCO Reports N8bn Revenue in October 2024 Amidst Operational Challenges first appeared on Nigerian Mining News.

]]>
The NMCO generated N8.2 billion in October 2024, with total revenues reaching N36 billion since inception. Consistent growth has been reported, particularly from 2019 to October 2024. Despite achievements, operational issues like funding and infrastructure need attention. Legislative support and continued reforms are essential for strengthening the sector.

In October 2024, the Nigerian Mining Cadastre Office (NMCO) generated an impressive revenue of N8,199,976,300, as reported by the Director General, Engr. Obadiah Nkom, during a Senate oversight visit led by Senator Sampson Ekong. Since its inception, NMCO has amassed N36,048,229,019 in total revenue, with 75% of this amount—N26,230,733,463—generated between 2019 and October 2024. The agency’s revenue has seen a significant increase due to reforms aimed at enhancing transparency and digitising operations. Despite these accomplishments, NMCO faces challenges, including funding shortages, office space constraints, and insufficient power supply, which hinder operational efficiency. Senator Ekong acknowledged the visit’s value, noting a commitment to addressing these challenges to bolster Nigeria’s mining sector.

The Nigerian Mining Cadastre Office (NMCO) plays a crucial role in regulating the country’s mining activities and managing revenues generated from mineral licensing. The trending growth in revenue reflects the agency’s improved operational practices, including digital transformations and transparency initiatives, which have collectively enhanced revenue collection. However, operational obstacles must be addressed to maintain this revenue momentum and ensure the agency’s sustainability and productivity in the mining sector.

The NMCO’s recent revenue achievements underscore the agency’s successful reforms and potential for future growth in Nigeria’s mining sector. Nevertheless, addressing operational challenges such as funding, infrastructure, and personnel shortages remains vital for sustaining and increasing productivity. The commitment from legislative bodies to support NMCO will also be crucial in overcoming these hurdles and enhancing the agency’s contribution to the national economy.

Original Source: nairametrics.com

The post NMCO Reports N8bn Revenue in October 2024 Amidst Operational Challenges first appeared on Nigerian Mining News.

]]>
NMCO Raises Alarm Over Mining Title Holders’ Capacity Issues https://nigeriamining.today/2024/11/23/nmco-raises-alarm-over-mining-title-holders-capacity-issues/ Sat, 23 Nov 2024 10:16:02 +0000 https://nigeriamining.today/2024/11/23/nmco-raises-alarm-over-mining-title-holders-capacity-issues/ The NMCO has expressed concerns about the lack of operational capacity among some mining title […]

The post NMCO Raises Alarm Over Mining Title Holders’ Capacity Issues first appeared on Nigerian Mining News.

]]>
The NMCO has expressed concerns about the lack of operational capacity among some mining title holders, affecting investor interest. A new mining regime introduced in July aims to ensure only competent operators hold titles. Positive outcomes include increased investment and the revocation of inactive licenses, supporting Nigeria’s economic diversification efforts.

The Nigeria Mining Cadastre Office (NMCO) has raised concerns over the inadequate capacity of some mining title holders, particularly those holding multiple cadastral units. This issue, highlighted by NMCO Director General Dr Obadiah Nkom during the ninth Nigeria Mining Week in Abuja, is hindering genuine investors’ entry into the mining sector. To rectify this, a new mining regime was introduced in July, focusing on competent operators and adhering to a ‘first come, first served’ principle. Nkom noted improvements, including increased investment and the cancellation of unused licenses, affirming NMCO’s role in promoting responsible mineral resource management and supporting Nigeria’s economic diversification strategy.

The challenges faced by mining title holders in Nigeria are crucial for understanding the landscape of the mining sector. The NMCO is responsible for managing mineral rights in the country, aiming to attract investment and ensure sustainable resource management. The introduction of a new mining regime indicates an effort to address the gaps in capacity and effectively allocate titles to operators who can develop them, thereby bolstering the sector’s contribution to economic growth. This situation is particularly relevant as Nigeria seeks to diversify its economy.

The NMCO’s initiatives reflect a strategic move towards enhancing the capacity and accountability of mining title holders in Nigeria. By implementing a new regime that prioritises capable operators and the productive use of mining titles, the agency aims to attract genuine investment, ensure compliance, and contribute significantly to the nation’s economic ambitions. Ongoing improvements signal a promising future for the mining industry in Nigeria.

Original Source: nannews.ng

The post NMCO Raises Alarm Over Mining Title Holders’ Capacity Issues first appeared on Nigerian Mining News.

]]>
Only 1,000 of 7,141 Mining Licenses Active, Says NIMCO Director General https://nigeriamining.today/2024/11/12/only-1000-of-7141-mining-licenses-active-says-nimco-director-general/ Tue, 12 Nov 2024 21:39:36 +0000 https://nigeriamining.today/2024/11/12/only-1000-of-7141-mining-licenses-active-says-nimco-director-general/ The NMCO has issued 7,141 mining licenses, but only 1,000 are active, revealing inefficiencies in […]

The post Only 1,000 of 7,141 Mining Licenses Active, Says NIMCO Director General first appeared on Nigerian Mining News.

]]>
The NMCO has issued 7,141 mining licenses, but only 1,000 are active, revealing inefficiencies in the sector. Director General Obadiah Nkom called for reforms and highlighted inadequate funding as a significant barrier. The agency has transitioned to a web-based platform for transparency and formed an anti-money laundering unit in collaboration with the EFCC. The House Committee on Solid Minerals raised concerns about licensing and illegal mining.

The Nigeria Mining Cadastre Office (NMCO) has issued a total of 7,141 mining licenses; however, only about 1,000 of these are currently active, as revealed by Director General Obadiah Nkom. During a recent meeting with the House Committee on Solid Minerals, Nkom stressed the need for reforms in the sector, specifically in relation to mining fees and title ownership, due to the alarming number of inactive licenses. He noted that despite generating over N8 billion in revenue, the agency suffers from inadequate funding which restricts its operational effectiveness. Nkom further mentioned the successful transition to a web-based platform for improved access and transparency and the development of guidelines for an anti-money laundering unit in partnership with the EFCC. The committee, led by Chairman Jonathan Gaza, raised concerns about the licensing process, the impact of illegal mining, and the need for increased productivity due to insufficient funding. Gaza assured that the committee would escalate these issues to the Minister of Solid Minerals Development for necessary action.

The issue of inactive mining licenses in Nigeria highlights significant inefficiencies within the Nigeria Mining Cadastre Office (NMCO). Despite the issuance of over 7,000 licenses, the minimal number of active miners underscores a need for regulatory reform. Inadequate funding and concerns about illegal mining practices also pose challenges for the agency. This situation calls for improved oversight and potential restructuring in the mining sector to enhance productivity and revenue generation.

In summary, the NMCO faces challenges with a high volume of inactive mining licenses against a backdrop of inadequate funding and the prevalence of illegal mining. The agency’s call for reforms and better financing highlights the critical need for a more effective licensing and oversight system to improve the sector’s contribution to Nigeria’s economy. The committee’s commitment to addressing these issues with the Minister of Solid Minerals Development is a positive step towards enhancing operational efficiency.

Original Source: nannews.ng

The post Only 1,000 of 7,141 Mining Licenses Active, Says NIMCO Director General first appeared on Nigerian Mining News.

]]>
Concerns Rise as Nigeria Issues 7,000 Mining Licenses with Only 1,000 Active Mines https://nigeriamining.today/2024/11/12/concerns-rise-as-nigeria-issues-7000-mining-licenses-with-only-1000-active-mines/ Tue, 12 Nov 2024 19:49:31 +0000 https://nigeriamining.today/2024/11/12/concerns-rise-as-nigeria-issues-7000-mining-licenses-with-only-1000-active-mines/ The NMCO disclosed that although it has approved 7,000 mining licenses, fewer than 1,000 mines […]

The post Concerns Rise as Nigeria Issues 7,000 Mining Licenses with Only 1,000 Active Mines first appeared on Nigerian Mining News.

]]>
The NMCO disclosed that although it has approved 7,000 mining licenses, fewer than 1,000 mines are active. Director General Obadiah Nkom called for reform in licensing fees and greater funding to enhance operations. The prevalence of illegal mining remains an issue, with calls for improved monitoring and compliance measures.

The Nigeria Mining Cadastre Office (NMCO) has issued around 7,000 mining licenses, yet fewer than 1,000 mines are currently operational. NMCO’s Director General, Obadiah Nkom, made this revelation during a meeting with the House Committee on Solid Minerals. He stressed the need for reform in licensing fees and ownership regulations to improve the sector. Despite generating over N8 billion in revenue, NMCO faces funding shortages that hinder its effectiveness. Nkom also highlighted progress in digital accessibility and collaborations with the Economic and Financial Crimes Commission to combat illegal mining. Meanwhile, Chairman Jonathan Gaza acknowledged the issues in licensing and confirmed that steps will be taken to address the agency’s financial constraints.

The article discusses the operational challenges faced by the Nigeria Mining Cadastre Office (NMCO) despite a high number of issued mining licenses. NMCO, which operates under the Federal Ministry of Solid Minerals Development, seeks to reform the licensing process and improve fund allocation. Illegal mining activities remain a concern, prompting both the NMCO and government officials to explore measures that enhance compliance with mining regulations and strengthen monitoring operations through technology.

In summary, the NMCO’s struggle with high licensing numbers versus active mines highlights significant inefficiencies in the Nigerian mining sector. Calls for funding reforms and improved regulation are crucial to combat illegal mining activities. Collaboration with authorities and the move towards digital solutions are steps being considered to enhance transparency and operational effectiveness in the field.

Original Source: nairametrics.com

The post Concerns Rise as Nigeria Issues 7,000 Mining Licenses with Only 1,000 Active Mines first appeared on Nigerian Mining News.

]]>