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Solid Minerals Sector Will Rescue Nigeria’s Economy,Says FIRS boss

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Mohammed Shosanya

Mr. Zachaeus Adedeji, the newly appointed Acting Chairman of the Federal Inland Revenue Service (FIRS),says the administration is banking on the growth of the solid minerals industry to help the economy.

Adedeji,who disclosed this in Abuja during a courtesy visit to the Honourable Minister of Solid Minerals, Dr. Oladele Alake, said the highest taxable limit is 18% of GDP, with the country’s decreasing oil and gas sector contributing 78%.

This makes solid minerals the sector that can rescue the economy,he said.

He stated that the country’s solid minerals resource is now the toast of this administration.

”This is our next oil and that is why we are here.we are getting it right here.If we got it rightly , it means the future of Nigeria is secured. We are confident having Dr Oladele Alake as the Minister of Solid Minerals, half of our job is secured”, Dr Adedeji added.

The Solid Minerals Minister Dr. Alake assured that Nigeria will achieve economic growth and prosperity again under the implementation of initiatives, policies and programmes that will revamp the economy for rapid socio- economic development as encapsulated in the renewed hope agenda of President Bola Ahmed Tinubu led administration.

According to him, the vision and agenda of the present administration is strongly rooted on the avowed determination of Mr President to uplift the country, and improve the living standards of the citizenry.

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