Solid Minerals Will Boost Nigeria’s Economy – FIRS Boss
Mr Zachaeus Adedeji, Acting Chairman, FIRS
The acting Chairman of the Federal Inland Revenue Service, Mr Zachaeus Adedeji, said the development of the solid minerals sector will boost the nation’s economy and contribute to the achievement of economic growth and prosperity of the citizens.
He also said the highest taxable limit was 18 percent of the gross domestic product, and the country’s declining oil and gas sector contributes 78 per cent.
This was disclosed by Head, Press & Public Relations, FIRS, Alaba Balogun in a statement recently.
Adedeji, according to the statement, said this during a courtesy visit to the Minister of Solid Minerals, Dr. Oladele Alake in Abuja.
“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’’ Dr Adedeji stated.
Describing solid minerals resource as the toast of the Tinubu administration, Adedeji said: “This is our next oil and that is why we are here. We are getting it right here. If we get it right, 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.”
The minister assured that Nigeria will achieve economic growth and prosperity with 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 the administration.
Alake said the vision and agenda of the administration are rooted in the avowed determination of the President to lift the country to loftier heights and improve the living standards of the citizenry.
At another forum, Alake reiterated government’s commitment to data gathering on mineral deposits in the land.
He spoke while hosting the President/Chief Executive Officer, Africa Finance Corporation (AFC), Mr. Samaila Zubairu, at work.
He described the transformation of the solid minerals sector into a revenue spinning source a focal point on Tinubu’s Administration’s agenda.
