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Stakeholders in Nigeria’s mining sector have urged the federal government of Nigeria to suspend the implementation of a new regime of fees and royalties payable in the sector. This demand was made on Wednesday at a joint press conference by the Forum of Concerned Stakeholders in the Nigerian Minerals and Mining Sector. Speaking on behalf of the forum, President of Nigerian Mining and Geosciences, Prof Akinade Olatunji, said the recent rate hike in the sector will result in the industry’s collapse if an urgent holistic review is not done by the government. This comes after the Nigerian governme…

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