The Senate Committee on Solid Minerals has urged the Nigeria Mining Cadastre Office (NMCO) to sustain and enhance its revenue generation efforts to support the Federal Government’s fiscal targets.
The call was made on Thursday during the 2025 budget defence of NMCO at the National Assembly in Abuja. Senator Ekong Sampson (PDP, Akwa Ibom), Chairman of the Committee, commended the agency for its efficient fund management and revenue contributions but stressed the need for greater efforts to align with President Bola Ahmed Tinubu’s developmental agenda.
“The Mining Cadastre Office has performed well in revenue generation. However, there is still room for improvement,” Sampson said. “The country is focusing on diversification, and increasing revenue from this sector will significantly strengthen our economy.”
The senator assured the agency of the committee’s support in achieving its goals, stating, “We recognize your efforts and projections. The committee is fully aware of the issues you have raised and will continue to encourage you as you ramp up revenue for the country.”
He also highlighted the importance of adequately funding the solid minerals sector to reduce Nigeria’s dependency on oil and drive economic diversification.
