Kwara seeks 13% derivation benefits over solid minerals discovery

Date: 2016-12-19

The Kwara State Government has called for the immediate inclusion of the state on the list of beneficiaries of the 13% derivation fund from the solid minerals as a solid minerals producing state.

The State Commissioner for Industry and Solid Minerals Development, Hajia Funmilayo Oniwa made the government position known in Ilorin at the Stakeholders Forum organised by the Revenue Mobilisation, Allocation and Fiscal Commission (RMAC).

Hajia Oniwa who said the state has about 17 mineral resources queried the exclusion of the state among investment destination for solid minerals development by the Nigeria Mining and Metal Sector Investment Promotion in its Brochure released in August.

She explained that the state had contributed immensely to the development of the solid minerals sector as a veritable source of revenue generation into the federation account.

Hajia Oniwa noted that such a document ought to be sensitive to the mineral and investment potentials of each state in view of the Federal Government's economic diversification campaign.

The Commissioner explained that the government was making effort to restructure the mineral architecture with a view to enacting relevant laws to enhance its capacity for improved internally generated revenue that would lead to its steady growth.

In his remarks, the Federal Commissioner, Revenue Mobilisation, Allocation and Fiscal Commission, Reverend Ajibola Fagboyegun agreed that the state is endowed with mineral resources based on the facts presented and promised that the team would visit some mining sites across the state.

Reverend Fagboyegun called on the state governments to maximise opportunities in mineral sector for the success of the Federal government campaign on diversification of the economy, particularly during the economic recession.

The Federal Commissioner advised the Kwara State Government to monitor and report the operations of miners in order to improve revenues into the federation account as well as improving the state economy.

Reverend Fagboyegun who commended the government for partnering with the investors to drive the solid minerals sector sought closer collaboration between the state and Federal governments in exploiting mineral deposits across the state.

Speaking earlier, the Permanent Secretary, Ministry of Industry and Solid Minerals Development, Elder Ayobola Samuel had disclosed that it was only in July, this year that the state received over N15,729,000 from the Solid Minerals Fund which he said did not adequately represent the contributions of the state in the sector.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Kwara TV     Amos Sayo     Yusuf Amuda Gobir     Opobiyi     Dauda Adesola     Haruna Olawale Sulaiman     Kabir Shagaya     Arca Santa     Eleja     Lawyers Unite Against Corruption     Salmon Babatunde Salmon     Federal Road Maintenance Agency     Durbar     Damilola Yusuf Adelodun     Awili Pedro     Maryam A. Garuba     Kaosarah Adeyi     Tunde Mukaila Mustapha     Kwarareports     Hassan A. Saliu     Alimi Abdulrazaq     Lola Ashiru     Sheikh Alimi     AbdulRasaq Abdulmajeed Alaro     Kwara 2019     Musibau Akanji     Abdulganiyu Salahudeen     Abiodun Musa Aibinu     Ilorin Likeminds Foundation     GGDSS Pakata     Aliyu Salihu     Aliyu Alhassan     Facebook     Moshood Bakare     Orire     RTEAN     Toyin Sanusi     Sheriff Olanrewaju     Sarafadeen Kayode Akorede     Abikan     CLAY POT     Shettima Of Ilorin     Saba Jibril     Timothy Olatunde Fadipe     Abdulrazaq Adebayo     Agor Market     Royal FM     FERMA     Shaaba Lafiagi     Kolawole Bashirat     Kwara Primary Health Care Development Agency     Salihu S. Yaru     Babajide Ajayi     Forgo Battery Company Limited     Babatunde Ishola Babaita     Ibrahim Mashood     Abiodun Oyedepo     Yoonus Kola Olatinwo     Doyin Awoyale     Ebola     Otunba Taiwo Joseph     Sayomi     Lawal Olohungbebe     Ganmo Electricity Sub-Station     Kanu Agabi     Hauwa Nuru     Saduki Lafiagi     Oke-Ogun     Dairo Kunle Paul     Ojuekun     Madawaki Of Ilorin     Micheal Imodu-Ganmo Road     Ibrahim Akaje     Abdulfatai Salman Baakini     Maimunat Oloriegbe     Galadima     Sheikh Ridhwanullah El-ilory    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

LEAH Charity Foundation     Agbarere     Labaeka     Simeon Sule Ajibola     Olusegun Adeniyi     Alaiye     Egbejila     Maigida     Abdulrasheed Na\'Allah     Binta Abubakar-Mora     Amusement Park     Kola Shittu     Elelu     Mohammed Yahaya Barki     Edu     Oloje     David Oyedepo     Isiaka Danmeromu     Shehu Alimi Foundation For Peace And Development     Share-Tsaragi     Alapado     Gbugbu International Market     Ishola Moses Abiodun     Ibrahim Akaje     Kpotum Mohammed Baba     Kayode Issa     IPSAS     Ebun-Olu Adegboruwa     Ibrahim Abiodun     Saheed Popoola     S.O. Opowoye     Student Learning Support Helpline     Ilorin East     General Tunde Idiagbon International Airport     Temi Kolawole     University Road     REO CAKES     Sebastine Obasi     JAMB     Babajide Ajayi     Minimum Wage     Ilota     Abubakar Bature Sulu-Gambari     Saliu Shola Taofeek     Toun Okewale-Sonaiya     CCEPE     Savannah Centre For Diplomacy, Democracy And Development     Mashood Dauda     Is\'haq Modibbo Kawu     John Olajide Adedipe     Sidikat Alaya     Freshvine Nigeria Limited     Sadiq Buhari     Tanke     Idi-Ape     Amoyo     Tricycle Owners Association Of Nigeria     Zubair Folorunsho Erubu     John Mayokun Dada     Suleiman Ajadi     Peculiar Allowance     Abubakar Ndakene     Oyedun Juliana Funke     Tsaragi     Issa Baba     Usman Yunusa     Apaokagi     April 11     Firdaos Amasa     Offa Poly     Clement Yomi Adeboye     Baba Idris     Ibrahim Taiwo     Sunday Otokiti     Reuben Paraje     Ayobami Seriki     AbdulRasaq Abdulmajeed Alaro