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The lease cost range from N2m to N5m per year. To own a Quarry Investors need to submit an J at the ministry of solid minerals and this can be easily …

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Nigeria revokes 924 dormant mining titles, seeks new investors. The affected titles include 528 exploration licences, 20 mining leases, 101 quarry licences, and 273 small-scale mining licences, Mines Minister Dele Alake said in a statement.

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After leasing the rocky land, the investor will then have to purchase heavy quarrying equipment like; The Crusher, Excavator, Pay loader, Way bridge, Dumper, Carriage trucks (10-40 tons capacity) etc.

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