Nigeria can generate $3bn from solid minerals annually — Senate

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The Chairman of the Finance Committee, Senator Sani Musa, in a statement on Sunday said the informal sector, particularly the mining industry, is a hidden gem in the nation’s revenue potential.

“The committee will legislate to encourage regulations of consumption and production, facilitate enabling environment through legislation for domestic industries to develop and stimulate economic growth through direct foreign investments inflow.

He also noted that the committee will ensure that the annual budget aligns with the Medium-Term Expenditure Framework and fiscal strategy paper to ensure a coherent roadmap, bridging medium-term aspirations with concrete fiscal plans, and fostering accountability in the efficient utilisation of resources.

Source: News Formal (newsformal.com)

 

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