The chairman of the Senate Committee on Solid Minerals Development, Senator James Manager has commended the Minister of Mines and Steel Development, Dr. Kayode Fayemi and his ministry for the significant increase in the revenue profile of the mining sector in 2016. The IGR rose from N700 million to over N2 billion in just a year.

The chairman of the senate committee, who gave this commendation during a over sight visit by the committee members to the ministry, said they have performed creditably well in increasing the revenue profile of the mining sector from N700 million to over N2billion in 2016.

He described the Fayemi as a man of vision who in spite of the challenges in the sector has taken the sector to a higher level.

Senator James Manager also expressed happiness that the sum of N30 billion has been approved by President Muhammadu Buhari from the Natural Resource Development Fund for the solid minerals sector, pointing out that if the approved fund was appropriated in the 2017 budget, the ministry’s revenue profile would definitely increase.

Earlier, Dr. Fayemi lauded the members for their interest in the sector, saying his ministry has translated President’ Buhari’s vision of diversifying the economy through the mining sector into a roadmap. He said that the roadmap has since been approved by the Federal Executive Council (FEC).

He said the recent approval of N30 billion intervention fund from the Natural Resources Development Fund was the first of its kind for the sector.


http://www.newsheadlines.com.ng/latest-nigerian-news/2016/11/02/senate-hails-fayemi-improving-2016-igr-n700-million-n2-billion/

Only God knows how much that sector makes yearly... In the past.

Weldon Fayemi, we patriotic Nigerians need more of it

Good job Fayemi.

We shall shame the haters at the end of the day.

Good job..


The potential is their, we just need responsible and patriotic Nigerians to bring it out always....

Headache . . .

Fayemi is working. #Kudos to PMB

Good development.

This is just the beginning of great things to come. PMB, NIGERIA IS SOLIDLY BEHIND YOU!


Only wish Ekiti people coulda been patient with this man; the state for don turn Dubai. Smh

Yorubas are wonderful managers.

Kayode kare!

BY THE END OF BUHARI'S FIRST TERM, NIGERIANS WILL EARNESTLY ASK BUHARI TO RULE AS LONG AS HE CAN. BUHARI IS THE BEST THING TO HAPPEN TO NIGERIA

it is well

how am I supposed to believe this? proof please

Good one. Commendation is coming from PDP senator.

Kayode Fayemi PhD has done very well.

Government of lies and propaganda. They play politics with everything.

Show me proof or i dont believe this.

Mtcheeeeeeeew

Hmmmmm, hope is a true

franchizy:
Government of lies and propaganda. They play politics with everything.

Show me proof or i dont believe this.

Mtcheeeeeeeew

..

How can a human being wish his country never progresses??

[size=14pt]Fayemi is useless in that ministry

NTA news last night reported that 100kgs of gold is illegally mined and stolen daily.

That equates to approx $70bn annually , and he is here being praised a microscopic N2bn

The sooner useless Fayemi is replaced the better for us all.[/size]

[s]

GenBuhari:
Fayemi is useless in that ministry

NTA news last night reported that 100kgs of gold is illegally mined and stolen daily.

That equates to approx $70bn annually , and he is here being praised a microscopic N2bn

The sooner useless Fayemi is replaced the better us all.

[/s]




Thank God you and your kind are irrelevant...

Kudos Fayemi

GenBuhari:
[size=14pt]Fayemi is useless in that ministry

NTA news last night reported that 100kgs of gold is illegally mined and stolen daily.

That equates to approx $70bn annually , and he is here being praised a microscopic N2bn

The sooner useless Fayemi is replaced the better for us all.[/size]

Guy u don smoke kwale weed with warri gin, where did u get that pseudo information?

Re-read my post my source is contained within - NTA news.

Henrydone:
Guy u don smoke kwale weed with warri gin, where did u get that pseudo information?

Very simple Send customs to all illegal mining sites and monitor all operations .A levy would have to be paid any solid mineral mined. Customs would then remit the money to ministry of mines and steel after deducting their expenses.

We don't need anybody sleepy in this ministry. Should be realising at least N20tn by now.

GenBuhari:
[size=14pt]Fayemi is useless in that ministry

NTA news last night reported that 100kgs of gold is illegally mined and stolen daily.

That equates to approx $70bn annually , and he is here being praised a microscopic N2bn

The sooner useless Fayemi is replaced the better for us all.[/size]

$70bn mined illegally annually then we dont need oil again na! Your figures are inaccurate and grossly overrated.

Just calm down and give Fayemi his well deserved credit, watching NTA all day will not add +1 to your IQ.

mars123:
$70bn mined illegally annually then we dont need oil again na! Your figures are inaccurate and grossly overrated.

Just calm down and give Fayemi his well deserved credit, watching NTA all day will not add +1 to your IQ.

Read this:

https://www.nairaland.com/3029445/nigeria-loses-100kg-gold-daily

Also read this and on this thread you will find the video of the news itself

https://www.nairaland.com/3441724/nigeria-losing-70bn-annually-gold

Henrydone:
Guy u don smoke kwale weed with warri gin, where did u get that pseudo information?

Read this:
https://www.nairaland.com/3029445/nigeria-loses-100kg-gold-daily

This link contains the video of the news

https://www.nairaland.com/3441724/nigeria-losing-70bn-annually-gold

Hmm. How exactly
Has anyone noticed any change in that ministry?

rose54321:
Hmm. How exactly
Has anyone noticed any change in that ministry?

Another noise making thing.

The performance of the ministry and the government generally is bad.