November 10, 2017 IBOMLLC Team

Nigeria’s Mining Ministry spends $2 Million on developing an Online Portal to Ease Doing Business

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Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

Nigeria’s Ministry of Mines and Steel Development (MMSD) has spent N700 million ($1.97 million) in developing an Integrated Automation and Interactive GIS Web Portal geared towards Ease-of-Doing-Business within the mining sector.

The Minister, Kayode Fayemi, announced the launch event of the portal that took place yesterday in Abuja. Fayemi emphasized that the online portal was a cutting-edge program leveraging on innovation, efficiency, and effectiveness that comes with the latest technology relevant to the mining sector.

Fayemi, further emphasized that the bottom line of the project was to avail relevant information and knowledge to users while promoting investment in the sector. The ministry firmly believes that this technology-driven approach in mining will go a long way in boosting the country’s GDP.

Some of the services users can get off the portal include doing online mining license registration, payment of royalties and fees, mineral title applications, database for revenue drive and helps the government in blocking revenue leakages.

The portal also gives users (mostly mining investors) credible and timely market information. They can also perform queries online, get some business intelligence/analytics, gets statistical data and reports generation.

Investors can …read more

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