NIGERIAN MINERALS AND MINING ACT

Section 109: Non payment of compensation.

2007Section 109 of 165Federal Republic of Nigeria

(1) Where the holder, six months after the grant of a Mineral title, defaults in payment of the compensation, the Minister may suspend the Mineral title until-
(a) the amount awarded is paid ; and
(b) the holder has deposited with the government such further sum as security or any further payment as the Minister may demand.
(2) If the holder does not make payment and deposit within 30 days after the suspension of the Mineral title in accordance with subsection (1) of this section, the Minister may revoke the Mineral title of the person in default.

Cite this section

Section 109, NIGERIAN MINERALS AND MINING ACT (2007).

https://repo.podus.ai/laws/nigerian-minerals-and-mining-act/section/109/