OBADIAH NKOM - Nigerian Mining News https://nigeriamining.today Sat, 25 Jan 2025 01:25:50 +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 OBADIAH NKOM - Nigerian Mining News https://nigeriamining.today 32 32 NSCDC Unveils Plans to Combat Illegal Mining in 2025 https://nigeriamining.today/2025/01/25/nscdc-unveils-plans-to-combat-illegal-mining-in-2025/ Sat, 25 Jan 2025 01:25:46 +0000 https://nigeriamining.today/2025/01/25/nscdc-unveils-plans-to-combat-illegal-mining-in-2025/ The NSCDC Mining Marshals are strengthening their operations against illegal mining for 2025, enhancing collaboration […]

The post NSCDC Unveils Plans to Combat Illegal Mining in 2025 first appeared on Nigerian Mining News.

]]>
The NSCDC Mining Marshals are strengthening their operations against illegal mining for 2025, enhancing collaboration with the Mining Cadastre Office, and focusing on regulatory compliance. Director-General Obadiah Nkom emphasised their sustained dedication, while plans for system upgrades aim for greater transparency in the mining sector.

The Nigeria Security and Civil Defence Corps (NSCDC) Mining Marshals have set forth their strategic operational plans for 2025, prioritising intensified on-ground operations, enhanced compliance with regulations, and a renewed effort against illegal mining. They will collaborate closely with the Mining Cadastre Office to improve their operational effectiveness.

In a recent statement, Babawale Afolabi, the corps spokesperson, reflected on the Director-General of the Mining Cadastre Office, Obadiah Nkom’s commendation of the mining marshals’ resilience. Despite challenges, they have maintained professionalism and dedication to protect the nation’s economy from illegal activities.

Nkom highlighted the significant role of the NSCDC mining marshals in promoting the mining sector’s growth, enhancing national economic development and environmental sustainability. He praised Dr. Ahmed Audi for leading transformative changes within the corps.

The mining sector will benefit from planned technological upgrades, including automated services and improved licence verification processes to ensure transparency and better regulatory compliance, according to the Mining Cadastre Office.

Squad Commander AC John Attah assured that the NSCDC mining marshals are committed to addressing illegal mining operations. They pledged to safeguard licensed mineral holders, facilitating access to their resources without disruptions, while emphasising collaboration with the Cadastre Office to mitigate environmental and community issues related to unlawful mining.

Illegal mining has been a persistent problem in Nigeria, undermining the economy and environmental integrity. The NSCDC Mining Marshals are tasked with enforcing regulations and combating illegal activities in the mining sector. Their collaboration with the Mining Cadastre Office is essential for streamlined operations and protection of legitimate miners. The 2025 operational plans aim to enhance their effectiveness through strategic initiatives.

The NSCDC Mining Marshals are intensifying efforts against illegal mining through collaborative and strategic approaches. Their commitment to operational improvement and regulatory compliance highlights their crucial role in protecting the nation’s economic and environmental interests. Leadership under Dr. Ahmed Audi signals a transformative phase for the corps in the fight against illegal miners.

Original Source: punchng.com

The post NSCDC Unveils Plans to Combat Illegal Mining in 2025 first appeared on Nigerian Mining News.

]]>
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.

]]>
NSCDC Mining Marshals Launch 2025 Plans to Combat Illegal Mining https://nigeriamining.today/2025/01/23/nscdc-mining-marshals-launch-2025-plans-to-combat-illegal-mining/ Thu, 23 Jan 2025 19:43:49 +0000 https://nigeriamining.today/2025/01/23/nscdc-mining-marshals-launch-2025-plans-to-combat-illegal-mining/ The NSCDC Mining Marshals have unveiled their 2025 Strategic Operational Plans to enhance operations against […]

The post NSCDC Mining Marshals Launch 2025 Plans to Combat Illegal Mining first appeared on Nigerian Mining News.

]]>
The NSCDC Mining Marshals have unveiled their 2025 Strategic Operational Plans to enhance operations against illegal mining. They aim to improve compliance and collaborate with the Mining Cadastre Office for effective enforcement. Praised for their professionalism, the plans highlight the struggles and achievements of the Marshals under their leadership.

The Nigeria Security and Civil Defence Corps (NSCDC) Mining Marshals have launched their 2025 Strategic Operational Plans aimed at strengthening field operations and enhancing regulatory compliance. The initiative also focuses on combating illegal mining and collaborating with the Mining Cadastre Office to ensure effective legal actions against offenders.

Director-General of the Nigeria Mining Cadastre Office, Obadiah Nkom, praised the professionalism and bravery of the Mining Marshals, highlighting their role in protecting the nation’s economy from illegal activities. He acknowledged their resilience in the face of threats and corruption, confirming their importance in national development.

Nkom credited Dr Ahmed Abubakar Audi for transforming the mining sector under the NSCDC’s guidance, reinforcing its position against illegal mining that affects economic growth and environmental sustainability. Squad Commander John Attah received promises of support for automation and improved regulatory frameworks to ensure smoother operations in the sector.

Attah reiterated the NSCDC’s commitment to intensifying efforts against illegal mining and safeguarding the rights of legitimate mineral titleholders. He stated that the renewed partnerships will address the environmental impacts and community issues that arise from unauthorized mining activities across Nigeria.

The Nigeria Security and Civil Defence Corps (NSCDC) operates Mining Marshals dedicated to enforcing mining regulations and curbing illegal mining activities throughout the country. These efforts not only aim to protect the economy but also focus on ensuring sustainable mining practices in Nigeria. The announcement of the 2025 Strategic Operational Plans signals a proactive approach to tackling existing challenges in the sector.

The NSCDC Mining Marshals are set to enhance their strategies by 2025, focusing on improved operational efficiency and compliance in the mining industry. With high praise for their resilience, leadership, and commitment, this initiative aims to strengthen the fight against illegal mining while safeguarding legitimate operations and addressing critical environmental challenges.

Original Source: von.gov.ng

The post NSCDC Mining Marshals Launch 2025 Plans to Combat 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 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.

]]>