N6.7bn Revenue: TMV lauds Alake for reviving Nigeria’s mining sector

Abuja, May 19, 2025 – The Tinubu Media Volunteers (TMV) have applauded the Minister of Solid Minerals Development, Mr Dele Alake, for revolutionising the country’s solid minerals sector.

In a statement signed by its Chairman, Chukwudi Enekwechi, TMV said the minister had succeeded in breathing life to the sector which had failed to live up to its potential over the years.

The statement reads:”Before Alake emerged as the minister of Solid Minerals Development, the ministry was dormant and rarely recorded any achievements. 

“We are therefore gratified that on his watch, the Ministry has performed optimally in the last year as it diligently implements President Tinubu’s reform agenda in the sector.

“We believe that with the implementation of the President’s Renewed Hope Agenda by the minister, the future of the mining sector in Nigeria is very bright.

“Furthermore, the aggressive revenue generation by the ministry will create room for sustainable economic development in the country and job creation for our teeming youths.

“We believe that through rigorous regulation and enforcement, the solid minerals sector will contribute meaningfully to the country’s Gross Domestic Product (GDP).

“We also note that towards the realisation of this goal, the ministry had set up the Mining Marshalls as the enforcement wing and has in the last year made remarkable strides in restoring sanity to the sector.

“We, therefore, consider the generation of N6.7 billion from mining license fees as not only novel, but very encouraging news coming from the sector.”

The group said this development indicated that the sector has inherent huge potential if managed by  transparent and focused leadership. 

Leave a Reply

Your email address will not be published. Required fields are marked *