The Committee on Friday fixed N15 billion as revenue to be generated by the Mining Cadastre Office in 2022 as against N4 billion it proposed, a condition that will determine approval of annual budget for the agency.
The invitation of the Minister was occasioned by failure of the Director-General of Nigeria Mining Cadastre Office , Engr Obadiah Nkom to offer satisfactory explanation on the persistent illegal mining across the country. The Committee was not also convinced by explanation that the revenue was gradually increasing as it has hit N3.166 billion as at July, as the Committee insisted on the Minister’s appearance.
“These are aside other companies carrying out illegal mining activities across the country that are not captured in your revenue generation.
Source: News Formal (newsformal.com)
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