Nation
Mineral Office Generates N2.3bn In 2020
The Mining Cadestre Office (MCO) said it generated N2.303 billion in 2020, as against N1.5 billion target set for the office.
Director-General of MCO, Mr Obadiah Nkom, disclosed this in an interview with The Tide source yesterday in Abuja.
Nkom said that the MCO made the above amount in spite of the COVID-19 pandemic which slowed socio-economic activities.
He said that the amount was the third highest generated revenue in the history of MCO, while the second highest was realised in 2017.
He also explained that in 2019, MCO generated N2.6 billion, which was the first highest in the history of the office.
“What we generated in 2020 would have exceeded what we realised in 2019, but due to COVID-19, we were unable to do much.
“The revenue MCO generated in 2019 was more than 50 per cent the entire Ministry’s revenue.
“The budgetary target given to me this year is N2 billion and with God on my side, I will achieve beyond that because I have set a target for myself to exceed that amount.
“ The amount realised in 2019 and 2020 was as a result of total support I got from my Ministers because they gave me total support I needed to operate.
“Some defaulters have gone to the extent of pleading with the Ministers to intervene to enable them make part payments but I refused and the Minister supported me because the debt will continue to accumulate,” he said.
Nation
REAN, SON synergise to curb fake renewable energy product
Nation
Self Help Africa programme expands water access for 320,000 Nigerians
Nation
Lagos Residents Stranded As Floods Cut Off Ajah, Mafoluku Communities
-
News4 days ago
Rivers Court Jails Man Seven Years For Defiling Minor …Directs N5 Million Upkeep For Victim
-
News4 days ago
Alleged Coup Plot: DSS Docks Five For Hiding Sylva’s Whereabouts
-
Politics4 days agoAtiku Names Kenneth Okonkwo As Spokesperson
-
News4 days agoFG To Replace NYSC Khaki With Adire
-
Niger Delta4 days ago
24 Nigerian Universities Make 2026 THE Rankings … 4 S’South Versitieis Pull Through
-
News4 days ago
BOI Unveils Maiden Impact Report, Disburses N644.9bn In 2025
-
News4 days agoFubara Seeks Full Resolution Of Bille Gas Leakage …Pledges Upgrade Of Community Health Centre
-
Women4 days ago
NAWOJ Seeks Partnership With Hotel Presidential On Summit
