Acting Chairman of Federal Inland Revenue Service (FIRS), Zachaeus Adedeji, yesterday, expressed his administration’s expectation of a developed solid minerals sector to boost the economy.
 
Adedeji, during a courtesy call on the Minister of Solid Minerals, Dr. Oladele Alake, in Abuja, said the highest taxable limit is 18 per cent of the Gross Domestic Product (GDP), while the country’s declining oil and gas sector contributes 78 per cent.
 
He hinted that the development makes solid minerals the sector that could rescue the economy. His words: “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 get it right, it means the future of Nigeria is secured. We are confident in having Dr. Oladele Alake as the Minister of Solid Minerals, half of our job is secured.”
 
In his remarks, the minister promised that the country would again achieve economic growth and prosperity through implementation of sustainable initiatives, policies and programmes as encapsulated in the Renewed Hope Agenda of the President Bola Tinubu administration.
  
He reminded Nigerians that the vision and plan of the current government are deeply rooted in the President’s determination to uplift the country and improve the living standard of the citizenry.