Alake hails N50 billion revenue surge as mining cadastre goes digital

The Ministry of Solid Minerals Development has generated over N50 billion IGR for 2025, surpassing the N38 billion recorded in 2024.
The minister, Dele Alake, confirmed this on Friday during the unveiling of the One-Gov Cloud digitisation project at the Mining Cadastre Office headquarters in Abuja.
He said the One-Gov Cloud platform would help agencies transition from paper-based to automated systems, enabling secure, efficient operations.
Mr Alake said sector reforms, driven by digital tools and new policies, had positioned the ministry for threefold revenue growth across its agencies.
He noted that the MCO generated N30 billion in 2025, up from N12 billion in 2024, attributing the rise to innovation and commitment.
“That is the trajectory we have set for the sector. Mine inspectorate revenue is up, and other revenue departments have also improved. Last year, we recorded about N38 billion. This year, we have crossed N50 billion already, and we are still counting,” he said.
Mr Alake described the launch of the One-Gov Cloud as a milestone, saying digital reforms were vital to stronger service delivery and government efficiency.
He said the sustainability of the reforms required the right attitude and nationwide mental reorientation to protect and maximise the tools. According to him, high-end digital equipment demands careful handling to avoid damage and protect the investment.
The minister praised the MCO and urged Galaxy Backbone to resolve early challenges quickly to support seamless operations.
MCO managing director, Obadiah Nkom, said the agency’s N30 billion revenue for 2025 reflected sector-wide reforms and strong ministerial backing. He said the support had earned the MCO recognition from public and private bodies, including awards for innovation and digitisation.
Mr Nkom thanked Galaxy Backbone for its technical support, which ensured the successful deployment of the One-Gov system.
Galaxy Backbone managing director, Ibrahim Adeyanju, said the MCO was the first department in the ministry to go live on the platform. He said the agency would continue to support the MCO through training and technical assistance to enhance the system’s value.
Mr Adeyanju described the One-Gov Enterprise Content Management System as a secure tool that strengthens record keeping and improves workflow transparency.
(NAN)
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