NIGERIAN MINERALS AND MINING ACT
Section 150: Surrender of Mineral title.
(1) The holder of a mineral title may, upon application in the prescribed form and manner, and upon meeting prescribed conditions, surrender the Mineral title.
(2) The Mining Cadastre Office shall approve an application made under subsection 1 of this section to surrender the mineral title if he is satisfied that-
(a) the holder of the mineral title has submitted the request for surrender in the prescribed form and manner;
(b) the surrender will not affect any liability incurred by the mineral title holder before the surrender of the Mineral title, including environmental obligations;
(c) all rents due and fees prescribed, if any, have been paid by the holder of the mineral title; and
(d) the holder of the mineral title has surrrendered the original title document.
Cite this section
Section 150, NIGERIAN MINERALS AND MINING ACT (2007).
https://repo.podus.ai/laws/nigerian-minerals-and-mining-act/section/150/