NASS Advocates First-Line Charge for Solid Minerals Sector

The National Assembly (NASS) and the Federal Ministry of Solid Minerals Development are pushing for the designation of first-line charge status for the ministry's budget to enhance the solid minerals sector in Nigeria. Dele Alak, the Minister of Solid Minerals Development, presented a budget of N156.34 billion for 2026, aimed at strategic investments to unlock the sector's capacity, diversify the economy, create jobs, and boost Nigeria's GDP.
However, Alak expressed concerns over implementation challenges, including a zero release of N865.06 billion in capital expenditure for 2025, which hampers the ministry's ambitions despite surpassing revenue targets. Senator Ekong Sampson, chairman of the joint committee on solid minerals development, acknowledged the ministry's progress but highlighted the disconnect between appropriations and actual releases.
The committee supports the proposal for first-line charge status, emphasizing the sector's critical role in Nigeria's economic future and pledging to work on templates to ensure significant benefits for the country.
Plus234Feed summary based on reporting from The Authority. Read the original report below.
Read full article
Continue on The Authority
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
NASS and Solid Minerals Ministry Push for Mining Funding

Nigeria's Solid Minerals Sector Achieves 79% Revenue Growth, Hits N68.1bn in 2025

Tinubu's Reforms Boost Nigeria's Solid Minerals Sector Growth

NEPC: Solid Minerals Sector's Export Contribution Lags

Nigeria Ensures Asset Protection for Mining Investors
Nigerian Mineral Sector Revenue Drops by N1.3bn in November Due to Insecurity
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.






