Nigerian Government Cracks Down On Mineral Land Hoarding, Reports N6.95bn Revenue Surge.
The Federal Government of Nigeria has issued a stern warning to mineral title holders, declaring an end to the practice of hoarding mineral-rich land without meaningful development. Obadiah Simon-Nkom, Director General of the Nigerian Mining Cadastre Office (MCO), announced the government’s “use it or lose it” policy, urging title holders to either develop their concessions or relinquish them.
Speaking to journalists in Abuja, Simon-Nkom revealed that the MCO generated over N6.95 billion in revenue during the first quarter of 2025, a milestone attributed to comprehensive reforms, digital transformation, and strategic licensing practices. “We’re no longer in an era where people hoard vast mineral-rich lands without development,” he stated. “If the deposit is not economically viable, surrender the title and move on.”
The revenue surge follows the agency’s adoption of the fully digitalised EMC+ platform, launched in November 2022. Described as a game-changer, the system has streamlined mineral title applications and transactions, offering real-time updates and enhanced transparency. “The only channel for submission is the EMC+ system. It’s completely online—transparent, efficient, and real-time,” Simon-Nkom said, noting that the platform has bolstered investor confidence and curbed inefficiencies.
In Q1 2025, the MCO processed 955 applications, with 651 for exploration licences, reflecting the critical role of exploration in viable mining projects. Additionally, 152 licence modifications were handled, covering changes in minerals, relinquishments, transfers, and renewals. Simon-Nkom linked these achievements to broader reforms inspired by the Minister of Solid Minerals Development’s seven-point agenda, which aims to tackle illegal mining, sanitise the sector, and attract investment.
Established in 2007 under the Nigerian Minerals and Mining Act, the MCO is responsible for administering and managing mineral titles across the country. The agency’s recent successes signal a shift towards a more robust and transparent mining sector, aligning with the government’s vision to diversify Nigeria’s economy away from oil dependency.
The “use it or lose it” policy has sparked discussions among industry stakeholders, with some praising the move as a step towards accountability, while others await further clarity on implementation. Posts on X have highlighted the potential for increased economic activity, with one user noting, “This could unlock Nigeria’s mining potential if enforced properly.”
As Nigeria seeks to position itself as a global mining hub, Simon-Nkom expressed optimism about the sector’s future. “We are witnessing the realisation of a vision that is transforming Nigeria’s mining industry,” he said, emphasising the government’s commitment to sustainable development and economic growth.