Adeleke Suspends License To Operate Osun Mining Company

Osun State Governor Senator Ademola Adeleke has ordered an immediate suspension of all mining activity by companies operating under state mining licenses.

A spokesman for Adeleke, who announced the moratorium in a statement Wednesday, said affected businesses should send a copy of the state-signed memorandum of understanding (MoU) to the state’s Asset Recovery Board.

“In furtherance of his bid to reform the state’s Solid Mineral Sector, Governor Ademola Adeleke has directed immediate suspension of all mining firms operating the state’s mining licences,” the statement reads.

“All operators are to report to the Committee on Assets Verification and Recovery chaired by Dr B.T Salami with copies of their Memorandum of Understanding which governs their relationship with the state government.

“The suspension of the operators is to remain in force until the conclusion of the ongoing review of the MOU between the state as the owner of the licences and the operators. All operators are to report to the committee on Monday by 12 pm.”