Home News Fayemi spends N700m to build website for Ministry

Fayemi spends N700m to build website for Ministry

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The Ministry of Mines and Steel Development (MMSD) has spent 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 launching of the portal on Thursday in Abuja.

According to Fayemi, 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.

Inside Fayemi’s portal

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.

The portal is credible and timely information about the mining sector, performs and responds to online queries, business intelligence/analytics, reports and statistical data generation.

Mining investors could view all existing mining titles and track them anywhere in the world through the portal, access all agencies information, global mining news, live chat and document library, among others.

Lists of mining operators with valid licences and related minerals trade on private mineral buying centre and renewal of private mineral buying centres could also be accessed through the portal.

According to the Minister, the portal is designed to serve as an input and decision support system to other entities of government (MDAs).

Fayemi said 75 staff had been trained on GIS across the mining sector.

He said that operation of online application of mining title and licences issued by Nigerian Mining Cadestre Office, online application of licences and permit issued by Mines Inspectorate Department and GIS laboratory, among others, would commence in the first quarter of 2018.