By Folarin Emmanuel, Abuja
In its bid to achieving the ease of doing business in the mining sector, Ministry of Mines and Steel Development has officially unveil it’s Integrated Automation and Interactive Solid Minerala portal(IAISMP).
Speaking at the official unveil, on Thursday in Abuja, kayode Fayemi, Minister of Mines and Steel Development, , said the portal is an effort to improve the ease of doing business in the mining sectors in the country a cutting edge initiative that leverages technology for innovation, efficiency and effectiveness in mineral sector governance.
He said, “the dividends of this administration commitment to turning around our economic fortunes, by simplifying the modalities for entry and participation in our jurisdiction have started yielding positive results.
“The result of improvement in Brand Nigeria’s standing in the global market has led to Nigeria’s strong showing in the recently released World Bank report that states that Nigeria has moved up 24points in the Ease of Doing Business Index for 2018, and ranked as one of the 10 most improved economies in the world.”
He added that, the World Risk Report on the global mining sector, published by the Mining Journal, indictes that Nigeria has made remarkable improvements in both hard risk and perceived risk factors about conducting business in Nigeria’s mining space.
“The Nigeria mining jurisdiction is now considered to have a better investment risk profile than many countries on the African continent.
Fayemi stated that the overall objectives of the project was to increase provision of reliable information and knowledge to ehance promotion of investment in the sector using technology driven innovation, adding that it will in turn help increase the sector’s GDP contribution significantly.
According to him, the deliverables of the project include: Business Processing Re-engineering, building of a GIS web portal with a Business Automation System, Content Management System(CMS), Geographic Information System (GIS), Decision Support System, collaboration and upgrade of the ICT Infrastructure of the Ministry.
The portal is designed to serve as an input and decision support system to other entities of government such as Ministry of water resources, Ministry of Agricultural,Central bank of Nigeria ministry of science and technology, ministry of environment, ministry of power, work and housing among others.
Earlier, in his opening remarks, Abubaka Bwari,Minister of state, Mines and steel development, noted that IAISMP is define project of the ministry, which is intended to encourage online payment, timeliness and accessible by investor’s.
He added that, the portal was conceived as a means of making information accessible.
He said, “we inherited a sector that was moribund, moral was lower we design a road map to take us from dungeon and lead us to a shining light, our road map is to make the nation a mining destination.
“our contribution to GDP has achieved significant success, he said.
