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Minerals to get pre-shipment approval before export –FG

A new policy to be introduced in the mining sector by the Federal Government would require exporters to obtain pre-shipment approvals before taking minerals out of the country.

Minister of State for Mines and Steel Development, Dr Uchechukwu Ogah, gave hints of the planned policy during a meeting with Nasarawa State governor, Abdullahi Sule, in Lafia, on Thursday.

Ogah noted that all royalties due to the government from the minerals must be paid before approval of shipment.

The measure is part of plans by the Federal Government to stop revenue leakages in the mining sector.

 

Ihuoma Chiedozie