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.

YAKOOYO     Lawal Olohungbebe     Olatunji Abdulmumeen     Okanlawon Musa     Shehu Raheem Adaramaja     NFAI     Afolabi-Oshatimehin Adenike Harriet     Ladi Hassan     Folajimi Aleshinloye     Mohammed Katsina Ahmed     Olosi Of Osi     Haruna Tambiri Mohammed     Usman Alkali Baba     Abiodun Musa Aibinu     Wole Oke     Jaigbade Alao     Kale Kawu     Col. Adedipe     Yahaya Muhammad     Abdulrazaq Sanni     QuickWin     Bola Iyabo Ibiyeye Adisa     Omotosho     Oniyangi     Suleiman Yahya Alapansapa     Kwara State Governor     Peculiar Allowance     LABTOP     General Hospital     Yomi Adeboye     Yusuf AbdulRasheed     Abdulsalam A. Yusuf     Government High School Adeta     Igbaja     Modibo Kawu     Cornelius Adebayo     Ohoro Of Shao     Alabe     Mufutau Olatinwo     Crystal Corner Shops     Kwara State Polytechnic     Kwara NIPR     Lawan     Metro Park     Garba Dogo     Yakubu Gobir     Transition Implementation Committee     Tanke Road     Hassan A. Saliu     Balogun Gambari     Simon Sayomi     Saad Omo\'ya     Yusuf Badmus     Aliyu Muhammed     Ganiyu Abolarin     Village Alive Development Association     Ali Ahmad     CT Ayeni     National Union Of Road Transport Workers     Abdulrahman Abdulrasak     Olayinka Olaogun     Principal Private Secretary     Oke Sunna     Balogun Ajikobi     Afolabi-Oshatimehin     Ayodele Shittu     HAMFAT Clinic And Maternity     Ayo Adeyemi     Alaro     Offa Poly     Wale Oladepo     Sunday Otokiti     Twitter     Olam Food Ingredients     Omupo     Amina El-Imam     College Of Arabic And Islamic Legal Studies    

Cloud Tag: What's trending

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

Olatunji Ayeni     National Broadcasting Commission     Amuda Aluko     Abatemi Usman     Funke Adedoyin     Maigida     Sango-UITH Road     HICA     Baba Adini Of Kwara State     Lanre Jimoh     Bilikisu Oniyangi     Tunde Idiagbon Road     Ajasse-Ipo     George Funsho Adebayo     Kwara State Printing And Publishing Corporation     Aasiyat Bello Oyedepo     Salau Kabiru Abdullahi     Admiralty Villa     April 11     Salaudeen Oyewale     Association Of Kwara State Online Media Practitioners     Ayinde Oyepitan     Bayer Nigeria Limited     Femi Ogunsola     Yahaya Dumoye     Dauda Adeniran Adeshola     Kumbi Titilope     Towobola Abdulrahman Toyin     Oloye     Tunde Mukaila Mustapha     TESCOM 2025     Solomon Edoja     Sola Saraki Educational Foundation     Katibi Ibraheem Adeola     Tunji Moronfoye     Yusuf Arowosaye     Mohammed Kamaludeen     Saka Adeyemo     Mohammed Khadijat Kubura     Majlis For Sadakah, Zakat And Waqf     Kemi Adeosun     Okedare     General Hospital, Ilorin     Segun Ogunsola     IFK     Ibrahim Taiwo Road     Adamu Attah     Agor Market     Okin Malt     IsDB     Ekiti     Kayode Ishola     Sarakite     Mohammed Halidu     Saduki Lafiagi     Tricycle Owners Association Of Nigeria     Samari     Zulu Gambari     Ahmed Mohammed Rifun     Sheikh Ridhwanullah     Prince Sunday Fagbemi     KWASEIC     Abdulhakeem Amao     Abdulrazaq Magaji     Salihu Yahaya     Illyasu Abdullahi     CBT     Kpotum Mohammed Baba     Makama Of Ilorin     Abdulkadir Jimoh     Ohoro Of Shao     HAMFAT Clinic And Maternity     KWAFFA     Dar-Al-Handasah Consultants Ltd     Read With Me     Baba Idris     Lasiele Alabi Yahaya