Mining and quarrying companies licensed by the Nigerian Mining Cadastral Office last year are expected to conclude the Community Development Agreements, CDAs with host communities on or before December 31, this year or their licenses will be revoked.
Minister of Solid Minerals Development, Dele Alake, issued the deadline following the review of the performance of companies on the Community Development Agreements in the first six months.
Out of 74 new mineral titles issued in the first six months, only 24 community development agreements were signed.
The minister advised Communities to set up quality teams during negotiations and secure legacy projects and programmes to benefit their communities.
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