Sunday, April 12, 2026
  • About Us
  • Advertisement
  • Privacy Policy
The Daily Crucible
Advertisement
  • Home
  • News
  • Business
    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620

    Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620

    Anambra Loses N8bn Weekly To Sit – at – Home, it drains N19.6bn From Southeast economy – Mefor  …

    Anambra Loses N8bn Weekly To Sit – at – Home, it drains N19.6bn From Southeast economy – Mefor …

    Why We’re Keen To Invest $20bn In Nigeria – Shell Global CEO, Sawan

    Why We’re Keen To Invest $20bn In Nigeria – Shell Global CEO, Sawan

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    Why I’m Married To SFG Akume – Zaynab

    Why I’m Married To SFG Akume – Zaynab

    How I Broke Free From Man Who Held Me Captive All My Years In My Dream — Tonto Dikeh

    How I Broke Free From Man Who Held Me Captive All My Years In My Dream — Tonto Dikeh

    ‘My Marriage Is Over, It’s Like Death’ – Pastor Tolu Odukoya

    ‘My Marriage Is Over, It’s Like Death’ – Pastor Tolu Odukoya

    Celebrity Chef Hilda Baci Eyes Another Feat, Begins Cooking In World Largest Jollof Pot

    Celebrity Chef Hilda Baci Eyes Another Feat, Begins Cooking In World Largest Jollof Pot

    ‘Meeting President Tinubu and Prime Minister Pierre Is a Very Inspiring Moment For Me’ – Nigerian Medical Student In Saint Lucia 

    ‘Meeting President Tinubu and Prime Minister Pierre Is a Very Inspiring Moment For Me’ – Nigerian Medical Student In Saint Lucia 

    Amosun’s Wife, Other Descendants of Ogunbona Agboketoyinbo Mark 164th Memorial of their Revered Egba Warlord

    Amosun’s Wife, Other Descendants of Ogunbona Agboketoyinbo Mark 164th Memorial of their Revered Egba Warlord

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    Fame, Power, and Subtle Shots: Inside Nollywood’s Cold War Between Funke Akindele and Toyin Abraham

    Fame, Power, and Subtle Shots: Inside Nollywood’s Cold War Between Funke Akindele and Toyin Abraham

    Ireti Doyle Shuts Down TV Host Over Divorce From Patrick Doyle, Says “It Was None of Your Business”

    Ireti Doyle Shuts Down TV Host Over Divorce From Patrick Doyle, Says “It Was None of Your Business”

    Benin Queen Faces Possible Removal Over Influencer Peller’s Unauthorised Visit To Palace

    Benin Queen Faces Possible Removal Over Influencer Peller’s Unauthorised Visit To Palace

    Tonto Dikeh Dragged To Court Over Alleged ‘Exorcism’ Of Minor In Public School

    Tonto Dikeh Dragged To Court Over Alleged ‘Exorcism’ Of Minor In Public School

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    From Love to Loss: Eucharia Anunobi Recounts Husband’s Exit and Son’s Tragic Death

    From Love to Loss: Eucharia Anunobi Recounts Husband’s Exit and Son’s Tragic Death

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Investors, Famous Sports Personalities, Others Storm Canaanland As Country Club Begins Second Anniversary 

    Investors, Famous Sports Personalities, Others Storm Canaanland As Country Club Begins Second Anniversary 

    Sporting Heroes, Celebrities, Political Bigwigs, Others Gather In Koko

    Sporting Heroes, Celebrities, Political Bigwigs, Others Gather In Koko

    Adesanya’s Loss Deepens as Pyfer Hands Ex-Champion 4th Straight UFC Defeat

    Adesanya’s Loss Deepens as Pyfer Hands Ex-Champion 4th Straight UFC Defeat

    AFCON Shock: CAF Strips Senegal, Hands 2025 Title to Morocco After Final Chaos

    AFCON Shock: CAF Strips Senegal, Hands 2025 Title to Morocco After Final Chaos

    Top Players, Young Stars Set For Canaanland Golf Course & Country Club Anniversary

    Top Players, Young Stars Set For Canaanland Golf Course & Country Club Anniversary

    Anthony Joshua Relocates to Dubai Amid Middle East Tensions — Family Confirms

    Anthony Joshua Relocates to Dubai Amid Middle East Tensions — Family Confirms

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
  • Home
  • News
  • Business
    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620

    Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620

    Anambra Loses N8bn Weekly To Sit – at – Home, it drains N19.6bn From Southeast economy – Mefor  …

    Anambra Loses N8bn Weekly To Sit – at – Home, it drains N19.6bn From Southeast economy – Mefor …

    Why We’re Keen To Invest $20bn In Nigeria – Shell Global CEO, Sawan

    Why We’re Keen To Invest $20bn In Nigeria – Shell Global CEO, Sawan

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    Why I’m Married To SFG Akume – Zaynab

    Why I’m Married To SFG Akume – Zaynab

    How I Broke Free From Man Who Held Me Captive All My Years In My Dream — Tonto Dikeh

    How I Broke Free From Man Who Held Me Captive All My Years In My Dream — Tonto Dikeh

    ‘My Marriage Is Over, It’s Like Death’ – Pastor Tolu Odukoya

    ‘My Marriage Is Over, It’s Like Death’ – Pastor Tolu Odukoya

    Celebrity Chef Hilda Baci Eyes Another Feat, Begins Cooking In World Largest Jollof Pot

    Celebrity Chef Hilda Baci Eyes Another Feat, Begins Cooking In World Largest Jollof Pot

    ‘Meeting President Tinubu and Prime Minister Pierre Is a Very Inspiring Moment For Me’ – Nigerian Medical Student In Saint Lucia 

    ‘Meeting President Tinubu and Prime Minister Pierre Is a Very Inspiring Moment For Me’ – Nigerian Medical Student In Saint Lucia 

    Amosun’s Wife, Other Descendants of Ogunbona Agboketoyinbo Mark 164th Memorial of their Revered Egba Warlord

    Amosun’s Wife, Other Descendants of Ogunbona Agboketoyinbo Mark 164th Memorial of their Revered Egba Warlord

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    Fame, Power, and Subtle Shots: Inside Nollywood’s Cold War Between Funke Akindele and Toyin Abraham

    Fame, Power, and Subtle Shots: Inside Nollywood’s Cold War Between Funke Akindele and Toyin Abraham

    Ireti Doyle Shuts Down TV Host Over Divorce From Patrick Doyle, Says “It Was None of Your Business”

    Ireti Doyle Shuts Down TV Host Over Divorce From Patrick Doyle, Says “It Was None of Your Business”

    Benin Queen Faces Possible Removal Over Influencer Peller’s Unauthorised Visit To Palace

    Benin Queen Faces Possible Removal Over Influencer Peller’s Unauthorised Visit To Palace

    Tonto Dikeh Dragged To Court Over Alleged ‘Exorcism’ Of Minor In Public School

    Tonto Dikeh Dragged To Court Over Alleged ‘Exorcism’ Of Minor In Public School

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    From Love to Loss: Eucharia Anunobi Recounts Husband’s Exit and Son’s Tragic Death

    From Love to Loss: Eucharia Anunobi Recounts Husband’s Exit and Son’s Tragic Death

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Investors, Famous Sports Personalities, Others Storm Canaanland As Country Club Begins Second Anniversary 

    Investors, Famous Sports Personalities, Others Storm Canaanland As Country Club Begins Second Anniversary 

    Sporting Heroes, Celebrities, Political Bigwigs, Others Gather In Koko

    Sporting Heroes, Celebrities, Political Bigwigs, Others Gather In Koko

    Adesanya’s Loss Deepens as Pyfer Hands Ex-Champion 4th Straight UFC Defeat

    Adesanya’s Loss Deepens as Pyfer Hands Ex-Champion 4th Straight UFC Defeat

    AFCON Shock: CAF Strips Senegal, Hands 2025 Title to Morocco After Final Chaos

    AFCON Shock: CAF Strips Senegal, Hands 2025 Title to Morocco After Final Chaos

    Top Players, Young Stars Set For Canaanland Golf Course & Country Club Anniversary

    Top Players, Young Stars Set For Canaanland Golf Course & Country Club Anniversary

    Anthony Joshua Relocates to Dubai Amid Middle East Tensions — Family Confirms

    Anthony Joshua Relocates to Dubai Amid Middle East Tensions — Family Confirms

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
No Result
View All Result
Home Business

Mining License: ‘Use it or Lose it’ Clause Will Be Strictly Enforced, Alake Tells Investors

... as Mining Week begins in Abuja October 13

The Daily Crucible by The Daily Crucible
October 17, 2025
in Business, News
0
Mining License: ‘Use it or Lose it’ Clause Will Be Strictly Enforced, Alake Tells Investors

 

By Jane Okafor, Abuja

You might also like

2027: “Obi Raised Monsters,” “Obidients Will Be His Downfall,” Dabiri-Erewa Blasts Obi

Review Justice System for Better Society, Ogun CSOs Chairman Urges Govt

NAF Airstrike: Jilli Market Hit Was Aimed at Boko Haram Stronghold, Not Civilians – Yobe Govt

 

The Minister of Solid Minerals Development, Dr Dele Alake, has vowed to sustain the ongoing revocation of mining licences for failure to use same by investors.

Alake emphasised that the era in which individuals defaulted on payment of annual service fees or held licences for over ten years without utilising them or commencing operations is now over.

 

He maintained that the “Use it or Lose it” clause in the Mining Act will be strictly enforced to make way for serious investors to develop the sector.

 

“Our desire for a very conducive operating environment should not indulge those who are in constant default of the regulations. We won’t tolerate that. I have had to triple my personal security following threats received from some of those whose licences were revoked, but I am undaunted. Our confidence is hinged on the fact that we are waging the battle based on principle, for the sake of our country,” Alake added.

 

Dr Alake made this known statement during a media briefing ahead of the 10th Nigeria Mining Week, which begins today, Monday, October 13, 2025.

He reiterated the Federal Government’s commitment to ongoing reforms in the mining sector, declaring that no amount of threats or blackmail will derail the transformative agenda that was already yielding results.

 

He revealed that a new Pre-Shipment Agency for Solid Minerals was underway, even as he confirmed that satellite surveillance of mining sites is equally underway, alongside plans to double the personnel of the Mining Marshals.

 

The aim, according to him, is to ensure the mobile squad has an active presence in all Local Government Areas across the country and is fully equipped to curtail illegal mining activities.

The Minister urged all stakeholders, industry players, and investors to support the success of the Mining Week, describing it as a vital platform for networking, consolidating progress, attracting responsible investments, and ensuring that the mining sector contributes meaningfully to Nigeria’s industrialization.

A statement by his special assistant on media, Segun Tomori, on Sunday, stated that the various mining reforms were bearing fruits, as evidenced by various indicators, including those compiled by the National Bureau of Statistics (NBS).

“Ten years ago, the contribution of mining to our nation’s GDP was less than 0.5%, but today it has increased to 1.8%, with figures from the NBS indicating an unprecedented 4.61% in Q2, 2025. In practical terms, this means more mines in operation, more companies investing, and more communities being impacted by mining activity,” he added.

Reflecting on the sector’s evolution, the Minister stated that the Nigeria Mining Week has mirrored the industry’s transition from informality to a more structured, innovation-driven, and investor-friendly environment.

 

He said that the reforms focused on transparency, risk mitigation, and value chain optimisation.

Alake declared that no amount of intimidation, sponsored articles by unpatriotic hack writers, or campaigns of calumny could deter the vision of repositioning the mining sector.

 

“The mining sector was hitherto an all-comers’ affair where operators got away with flagrant abuse of regulations. When we came in, we made efforts to correct this anomaly, and those affected have been employing all forms of tactics, including threats and blackmail, to force us to reverse course. I want to assure Nigerians that our resolve is unflinching. We are going ahead to enforce strictly all regulations, no matter whose ox is gored,” he said.

For the President of the Miners Association of Nigeria, Mr Dele Ayanleke, called on the government to continue strengthening policy implementation, while encouraging investors to take full advantage of the opportunities Nigeria presents. He commended the Minister for his yeoman’s efforts in advancing the mining sector, pledging the association’s support for the ongoing reforms.

The 10th Nigerian Mining Week, with the theme “Nigerian Mining: From Progress to Global Relevance,” is organised by the Ministry of Solid Minerals Development (MSMD) in partnership with the Miners Association of Nigeria, Vuka Group, PwC, and others. The event is scheduled to take place from October 13 to 15, 2025, at the Abuja Continental Hotel.

 

Previous Post

Justify Humongous Allocation Received Since Subsidy Removal, Daniel Tells Abiodun, LGs 

Next Post

Philanthropist, Ibrahim Egungbohun Felicitates Seyi Tinubu At 40

The Daily Crucible

The Daily Crucible

The Daily Crucible Newspaper is an authoritative independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, progress and greatness, given the heterogeneity of her citizens. We shall vigorously pursue this vision and anchor it on tripod of truth, justice and fairness. We shall feed the public with robust information they need to make informed decision on issues and matters that affect them, promote human - capital development, freedom and free market enterprise. Our loyalty shall be to Nigeria and public interest, and shall respect ethnic, religious and political diversity without being partisan and sectional.

Related Posts

2027: “Obi Raised Monsters,” “Obidients Will Be His Downfall,” Dabiri-Erewa Blasts Obi
News

2027: “Obi Raised Monsters,” “Obidients Will Be His Downfall,” Dabiri-Erewa Blasts Obi

by The Daily Crucible
April 12, 2026
Review Justice System for Better Society, Ogun CSOs Chairman Urges Govt
News

Review Justice System for Better Society, Ogun CSOs Chairman Urges Govt

by The Daily Crucible
April 12, 2026
NAF Airstrike: Jilli Market Hit Was Aimed at Boko Haram Stronghold, Not Civilians – Yobe Govt
News

NAF Airstrike: Jilli Market Hit Was Aimed at Boko Haram Stronghold, Not Civilians – Yobe Govt

by The Daily Crucible
April 12, 2026
2027: Osoba, Daniel, Amosun, Other Chieftains Expected To Storm Abeokuta Tomorrow As Ogun APC Caucus Meets
News

2027: Osoba, Daniel, Amosun, Other Chieftains Expected To Storm Abeokuta Tomorrow As Ogun APC Caucus Meets

by The Daily Crucible
April 12, 2026
News

2027 Polls: Osoba, Daniel, Amosun, Iyabo Obasanjo, Others Expected As Ogun APC Caucus Meets In Abeokuta Tomorrow

by The Daily Crucible
April 12, 2026
Next Post
Philanthropist, Ibrahim Egungbohun Felicitates Seyi Tinubu At 40

Philanthropist, Ibrahim Egungbohun Felicitates Seyi Tinubu At 40

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Advertisement

Advertisement

Recent News

2027: “Obi Raised Monsters,” “Obidients Will Be His Downfall,” Dabiri-Erewa Blasts Obi

2027: “Obi Raised Monsters,” “Obidients Will Be His Downfall,” Dabiri-Erewa Blasts Obi

April 12, 2026
Review Justice System for Better Society, Ogun CSOs Chairman Urges Govt

Review Justice System for Better Society, Ogun CSOs Chairman Urges Govt

April 12, 2026
NAF Airstrike: Jilli Market Hit Was Aimed at Boko Haram Stronghold, Not Civilians – Yobe Govt

NAF Airstrike: Jilli Market Hit Was Aimed at Boko Haram Stronghold, Not Civilians – Yobe Govt

April 12, 2026
2027: Osoba, Daniel, Amosun, Other Chieftains Expected To Storm Abeokuta Tomorrow As Ogun APC Caucus Meets

2027: Osoba, Daniel, Amosun, Other Chieftains Expected To Storm Abeokuta Tomorrow As Ogun APC Caucus Meets

April 12, 2026

2027 Polls: Osoba, Daniel, Amosun, Iyabo Obasanjo, Others Expected As Ogun APC Caucus Meets In Abeokuta Tomorrow

April 12, 2026
Dozens Feared Dead, Several Others Injured After NAF Airstrike Hit Borno – Yobe Border Market

Dozens Feared Dead, Several Others Injured After NAF Airstrike Hit Borno – Yobe Border Market

April 12, 2026
2027: ADC’s Utomi Nwanne Urges Political Reawakening In Delta North Over Senate Seat  

2027: ADC’s Utomi Nwanne Urges Political Reawakening In Delta North Over Senate Seat  

April 12, 2026
Nasarawa 2027: Solidarity Rally For Ex-IGP Adamu Kicks Off In Keffi – Group

Nasarawa 2027: Solidarity Rally For Ex-IGP Adamu Kicks Off In Keffi – Group

April 12, 2026
Ogun 2027: Yayi Progressives Movement Expands Membership Base, Absorbs New Groups

Ogun 2027: Yayi Progressives Movement Expands Membership Base, Absorbs New Groups

April 12, 2026
​Ogun ADC Returns Soluade As Chairman, Blasts ‘Illegal’ Parallel Congress, Voids its Outcome 

​Ogun ADC Returns Soluade As Chairman, Blasts ‘Illegal’ Parallel Congress, Voids its Outcome 

April 12, 2026
The Daily Crucible

The Daily Crucible Newspaper is an authoritative and independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, peace, progress, and greatness, given the heterogeneity of its citizens.

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.

No Result
View All Result
  • Home
  • News
  • Politics
  • Property
  • Business
  • Education
  • Health
  • Entertainment
  • About Us

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.