Solid Minerals Would Increase Nigeria's Revenue, Says The Head Of FIRS

According to Mr. Zachaeus Adedeji, the recently appointed acting chairman of the Federal Inland Revenue Service, President Bola Ahmed Tinubu's government is relying on the expansion of the solid minerals sector to strengthen the national economy.

Adedeji revealed this to Oladele Alake, the minister of solid minerals, on Wednesday during a courtesy visit.

The host, Alake, stated that the country's dwindling oil and gas sector contributes 78% of the country's GDP, which is the maximum taxable limit.

According to him, the industry that can save the economy is solid minerals.

Adedeji claimed that the nation's solid mineral resource is currently the talk of the current administration.

"This is our next oil, which is why we are here. We are getting it right here. If we get it right, it means the future of Nigeria is secured," he said.