The Senate on Friday summoned the Minister of Mines and Steel Development, Olamilekan Adegbite, over activities of illegal miners which was leading to a great loss of the nation’s revenue.
Nkom had in his submissions before the joint committees said in 2019, N2.58bn revenue was generated and remitted to the Consolidated Revenue Fund. Obviously not satisfied with his submission, the Chairman of the joint committees, Senator Olamilekan Adeola, and other members, wondered why the agency could not generate revenue beyond the threshold of N4bn to N5bn.
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