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Solid Minerals Dev : FG Poised To Plug Leakages To Enhance Revenue Generation

Last updated: November 22, 2023 10:51 pm
3 years ago
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Nigeria’s Federal Government has vowed to plug leakages and loopholes impeding the collection of accruable revenues in the solid Minerals sector as well as achieving it’s target of 50% contribution to the gross domestic product of the country.

Oladele Alake, Minister for Solid Minerals Development made this declaration during his familiarisation tour of the Mining Cadastre Office (MCO) and other sister agencies of the Ministry.

Alake explained that the deliberate decision to plug all leakages and loopholes across agencies of the Ministry with the aim of reviewing and enhancing revenues is deemed imperative in view of government’s high expectation for revenue from the solid Minerals sector to facilitate implementation of programmes that would lift the people out of poverty, generate employment opportunities and create wealth under the Renewed Hope Agenda of the present administration.

Speaking further on the need for removal of all leakages and loopholes impeding revenue growth, the minister assured that the Ministry is poised to meet it’s target projection.

While commending the immense contributions of the Mining Cadastre Office in the overall achievements of the Ministry, Alake admonished its staff not only to brace up in maintaining the success achieved, but strive to achieve and surpass Federal Government’s target.

The Director General of the Mining Cadastre Office ( MCO), Engr. Simon Nkom briefed the Minister on its activities and programmes achievements and challenges

Similarly, the Director General of the NGSA, Garba AbdulRazak took his time to brief the Minister on its mandate programmes and activities

The Minister assured all the agency visited of the Ministry’s unflinching support in addressing and resolving their peculiar challenges.

Editor : Ena Agbanoma

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