Nigerians Stunned As Fayemi's Ministry Spends N700 Million to Develop Web Portal

Nigerians expressed shock as the Ministry of Mines and Steel Development (MMSD) said it expended N700 million to develop an Integrated Automation and Interactive GIS Web Portal to improve `Ease-of-Doing-Business' in the mining sector.

The minister, Kayode Fayemi, disclosed this at the launch of the portal on Thursday in Abuja.

Mr. Fayemi said the portal was a cutting edge initiative that leveraged technology for the innovation, efficiency and effectiveness in the mineral sector governance.

He said the overall objective of the project was to increase provision of reliable information and knowledge, to enhance promotion of investments in the sector, using the technology-driven innovation and to increase the sector’s GDP.

The portal was designed for mining investors to perform business processes such as online mining licences and mineral titles applications, online payment of royalties and fees, database for revenue drive and to block revenue leakages.

Screenshot of the portal: