FG slashes process for mining licences award to 40 days

FG slashes process for mining licences award to 40 days
August 18, 2016 Advocaat Law Practice

The Federal Government has reduced the timeframe for the award of mining licenses in Nigeria, stating that henceforth, miners would get their licences within 40 days. File: Coal miners in Enugu Director General, Mining Cadastral Office, MCO, Mr. Ibrahim Amate, who stated this Abuja, explained that the licenses would be issued to successful miners who meet the stipulated requirements, adding that all these is possible under the repositioned Mining Cadastral Office, MCO. He said there is a new vigour at the agency to fast track development in the solid minerals sector in line with the diversification move by the President Muhammadu Buhari-led administration. Amate also urged investors to be confident about the operations of the MCO, because it has the obligation to serve investors and achieve governments objectives to develop the sector and following the dwindling revenue from the oil and gas sector, which can no longer sustain socio-economic lives of Nigerians.