“N5 Million for a License to Refine Gold” FG Increases Cost of Mining Lease in Nigeria

“N5 Million for a License to Refine Gold” FG Increases Cost of Mining Lease in Nigeria …C0NTINUE READING HERE >>>

The price of mining permits and royalties has been raised by the federal governmentThe Solid Minerals Development Minister Dele Alake said the pricing regime consists of 268 elementsAccording to him, investors will obtain a mineral processor if they are prepared to pay N5 million for a license to refine gold

Henzodaily.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

The federal government increased royalties by 100% on Thursday….

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