Nigeria: Alake Hails N50bn Revenue Surge as Mining Cadastre Goes Digital

Date:

By Martha Agas

The Ministry of Solid Minerals Development has generated over N50 billion IGR for 2025, surpassing the N38 billion recorded in 2024.

The Minister, Mr Dele Alake, confirmed this on Friday while unveiling the One-Gov Cloud digitisation project at the Mining Cadastre Office (MCO) headquarters in Abuja.

He said the One-Gov Cloud platform would help agencies move from paper-based to automated systems, supporting secure and efficient operations.

Alake said sector reforms, driven by digital tools and new policies, had positioned the ministry for threefold revenue growth across its agencies.

He noted that the MCO generated N30 billion for 2025, compared with N12 billion in 2024, attributing the rise to innovation and commitment.

“That is the trajectory we have set for the sector. Mines inspectorate revenue is up, and other revenue departments have also improved.

“Last year, we recorded about N38 billion. This year, we have crossed N50 billion already, and we are still counting,” he said.

Alake described the launch of the One-Gov Cloud as a milestone, saying digital reforms were vital to stronger service delivery and government efficiency.

He said sustainability of the reforms required the right attitude and nationwide mental reorientation to protect and maximise the tools.

According to him, high-end digital equipment demands careful handling to avoid damage and protect the investment.

The minister praised the MCO and urged Galaxy Backbone to resolve early challenges quickly to support seamless operations.

MCO Managing Director, Obadiah Nkom, said the agency’s N30 billion revenue for 2025 reflected sector-wide reforms and strong ministerial backing.

He said the support had earned the MCO recognition from public and private bodies, including awards for innovation and digitisation.

Nkom thanked Galaxy Backbone for its technical support, which ensured the successful deployment of the One-Gov system.
Galaxy Backbone Managing Director, Prof Ibrahim Adeyanju, said the MCO was the first department in the ministry to go live on the platform.

He said the agency would continue to support the MCO through training and technical assistance to enhance the system’s value.

Adeyanju described the One-Gov Enterprise Content Management System as a secure tool that strengthens record keeping and improves workflow transparency.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Share post:

Popular

More like this
Related

NGO Boosts Women Empowerment, Peace Efforts in FCT

By Justina Auta The Sustainable Women Economic Empowerment and Peace...

Nigeria Woos Investors With Mining Incentive at London Expo

By Martha Agas The Minister of Solid Minerals Development, Dr...

DRC And AfDB Approve Plan To Boost Project Performance

By Sunday Elijah, The government of the Democratic Republic of...

AfDB Approves $500 Million Loan For Nigeria’s Energy And Economic Reforms

By Smart Emmanuel, The African Development Bank Group (AfDB) has...
Enable Notifications OK No thanks