Mining Cadastre Workplace generates N10.9 billion in 4 months – DG 

The Mining Cadastre Workplace (MCO) has introduced a major income enhance, producing N10.9 billion between January and April 2025, marking a significant milestone within the company’s efforts to reform and modernize Nigeria’s strong minerals sector.

This was disclosed in an announcement issued on Sunday in Abuja by the Head of Press of the company, Mrs. Grace Okeke, quoting the Director-Normal of MCO, Mr. Simon Nkom, Information Company of Nigeria (NAN) reviews.

In line with Nkom, the income milestone is essentially attributed to the continued reforms spearheaded by the Minister of Stable Minerals Improvement, Dr. Dele Alake, geared toward repositioning the mining sector as a key contributor to Nigeria’s non-oil income base.

Nairametrics had earlier reported that the MCO collected roughly N7 billion in mining charges and registered 118 new personal mineral shopping for centres within the first quarter of 2025 alone. The charges stemmed from 955 functions for mining title grants, which included:

• 651 functions for exploration licences, 
• 270 functions for small-scale mining leases, 
• 49 functions for quarrying permits, and 
• 24 functions for reconnaissance permits. 

Driving Reforms by way of Know-how and Collaboration 

The MCO Director-Normal emphasised the company’s dedication to transparency, accountability, and operational effectivity, highlighting the 2022 deployment of the Digital Mining Cadastre (eMC+) system as a game-changer.

Nkom mentioned digital migration has considerably enhanced accessibility, diminished bureaucratic bottlenecks, and strengthened regulatory oversight within the sector.

He added that the MCO is actively collaborating with key authorities establishments such because the Nigerian Monetary Intelligence Unit (NFIU), the Financial and Monetary Crimes Fee (EFCC), and the Nigeria Police Drive to deepen regulatory compliance and curb monetary misconduct inside the mining worth chain.

Strengthening Inter-Company Collaboration 

Nkom additionally disclosed that the company is working carefully with the Company Affairs Fee (CAC) to make sure that solely correctly registered and compliant corporations are granted licences to function within the mining trade.

• This collaboration was additional underscored throughout a latest go to by the Registrar-Normal of CAC, Hussaini Magaji, to the MCO headquarters.
• Through the go to, Magaji emphasised the significance of cross-agency partnerships in implementing statutory compliance and making certain that mining licences are issued solely to corporations that meet the regulatory threshold.

The latest developments on the MCO replicate a broader nationwide technique to diversify Nigeria’s income streams and scale back its dependence on oil. With reforms gaining traction and digital programs enhancing effectivity, the mining sector is poised to play a central function in Nigeria’s financial transformation.