Home Business Oyo targets solid minerals to boost revenue

Oyo targets solid minerals to boost revenue

- Advertisement -

Oyo State Government is setting its eyes on the solid mineral sector to boost its Internally-Generated Revenue, IGR, the Special Adviser on Solid Minerals Development, Mr Abiodun Oni, has said.

Oni stated this at the just-concluded fourth edition of the Nigeria Mining Week held at the NAF conference centre, Abuja.

- Advertisement -

While making a presentation titled, “Oyo State to the World: Bridging the gap between potential and investments”, Oni stated that the state government would rely on solid minerals to finance its the social interventions and welfare programmes.

Pointing out that Oyo State has billions’ naira worth of mineral resources that are yet to be explored and exploited, he maintained that the state government is making frantic efforts to put solid mineral development on the map.

According to Oni, the state government is targeting solid mineral development because it remains one of the quick wins for it to boost its internal revenue.

He said that the government was set to put money into the sector towards data gathering, digitisation, availability and accessibility adding, “A major part of our budget is all about data. We are committed to that in Oyo State. I told the governor we can’t move forward if we don’t have data. We cannot brag about anything; we can’t tell anybody what we have in the ground is bankable. So, the first thing we are targeting is to gather the appropriate data”.

All Rights and Copyright © belongs to Source:

SOURCE: Read the Original Article on Today

HTML Image as link Qries

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

lMotoroa launches new device designed for small, medium businesses

Motorola Solutions said it has launched a new two-way radio device specially designed for small and medium businesses in Sub Saharan Africa. The MOTOTRBO...

OnePlus 7 Series New Update

OnePlus has started rolling out a new software update (10.0.7 and 10.3.4 ) for the OnePlus 7 and 7T series. Notably, it brings July security...
video

New POCO Coming?, realme X3 Pro With 65W Charging, iQOO 5 On 17th Aug, Galaxy M31s, Pixel

New POCO Coming?, realme X3 Pro With 65W Charging, iQOO 5 On 17th Aug, Galaxy M31s, Pixel
video

Samsung Galaxy Note 20 Ultra VS Samsung Galaxy S20 Ultra | Comparison

Samsung Galaxy Note 20 Ultra VS Samsung Galaxy S20 Ultra | Comparison

New Arena Gun Game as PUBG Mobile Adds Ancient Secret Mode

The PUBG Mobile World League Season Zero is going on, and we will get to watch the finals tomorrow. However, in the meantime if you’re looking...
error: Alltechng Content is protected !!