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HomeEconomyIGR : Growth of Solid Minerals Sector Will Boost Nigeria's Revenue Earnings,...

IGR : Growth of Solid Minerals Sector Will Boost Nigeria’s Revenue Earnings, Says New FIRS Boss


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Photo: Hon. Minister of Solid Minerals, Dr. Oladele Alake receiving the Acting Chairman, FIRS, Zacch Adedeji, FCA; in his Office in Abuja.

Newly appointed Acting Chairman of the Federal Inland Revenue Service, Mr.Zachaeus Adedeji, says the administration is counting on the growth of the solid minerals sector to boost the economy.

Speaking during a courtesy visit to the Honourable Minister of Solid Minerals, Dr. Oladele Alake in Abuja, Adedeji said the highest taxable limit is 18 per cent of the Gross Domestic Product and the country’s declining oil and gas sector contributes 78 percent.

He said this made solid minerals the sector that can rescue the economy.

Earlier in his remarks, Adedeji stated that the country’s solid minerals resource is now the toast of this administration.

”This is our next oil and that is why we are here. We are getting it right here. If we got it rightly, it means the future of Nigeria is secured. We are confident having Dr Oladele Alake as the Minister of Solid Minerals, half of our job is secured” Mr Adedeji noted.

Responding, Solid Minerals Development Minister, Dr. Alake, assured him that Nigeria will achieve economic growth and prosperity again under the implementation of initiatives, policies and programmes that will revamp the economy for rapid socio- economic development as encapsulated in the renewed hope agenda of President Bola Ahmed Tinubu led administration.

Dr Oladele Alake said that the vision and agenda of the present administration is strongly rooted on the avowed determination of Mr President to uplift the country, and improve the living standards of the citizens.

Global News Network Correspondent
Global News Network Correspondenthttps://globalnewsnetwork.com.ng
GNN is a News blog based in Nigeria to educate, inform and Analyse issues of interest like Politics, Health, Solid Minerals, Energy and Power, Transportation, Defence and Security, Sports and Entertainment to our teeming audience. Stories are generated by seasoned veteran Editors and Journalists. We Say It As It Is.

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