Despite securing a significant increase in the budget allocation for the Federal Ministry of Solid Minerals Development, Minister Dele Alake appeared before the Joint Committee on Solid Minerals to advocate for further funding. He detailed his efforts to secure a larger allocation, highlighting positive responses from key government officials. Alake emphasized President Tinubu's commitment to diversifying the economy and the importance of the solid minerals sector in achieving this goal.
The Minister of Solid Minerals Development, Dele Alake, appeared before the Joint Committee on Solid Minerals to defend the allocation to his ministry in the 2025 budget. Alake revealed that the initial budget envelope for the ministry was a meager N5 billion, which he immediately challenged.
He engaged with key government officials, including the Minister of Budget and Economic Planning, Atiku Bagudu, and the Director-General of the Budget Office of the Federation, Tanimu Yakubu, to secure a larger allocation. After lobbying efforts, the budget was increased to N9 billion. Alake emphasized his persistence in seeking additional funding for the ministry, detailing numerous engagements with relevant budgetary authorities. He highlighted the positive responses he received from these officials, suggesting that the final allocation fell short of expectations despite these efforts. When questioned about his close relationship with President Tinubu and its potential to secure a more substantial budget increase, Alake acknowledged the significance of his connection with the president. However, he explained that certain discussions remain confidential and emphasized that President Tinubu is well-aware of the challenges and potential of the solid minerals sector. Alake stated that President Tinubu is committed to diversifying the economy and considers the solid minerals sector a key component of this agenda
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