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.

Adegoke Bamidele     Saudat Abdulbaqi     Sheikh Ridhwanullah     Baba Adini Of Kwara State     Emir Of Kano     Aisha Abodunrin Ibrahim     Malete     Yusuf Lawal     Halidu Danbaba     Yekini Adio     Fola Consultant     Mahfouz Adedimeji     Omupo     Kazeem Oladepo     Tinubu Legacy Forum     Manzuma     Kwara State Health Insurance Agency     David Oyepinola Adedumoye     Abdulazeez Uthman     Maigida Soludero Transit     Alaiye     Joseph Bamigboye     Kannike     Bello Oyedepo     Abdulrahman Abdulrazak     NITDA     Isa Aremu     Jamiu Oyawoye     Odolaye Aremu     KWATMA     Kayode Oyin-Zubair     Olufolake Abdulrazaq     Tunde Kazeem     Ghali Alaaya     Sai Kayi     ASUU     COEASU     Saba Mamman Daniel     Code Of Conduct     Ibrahim Oloriegbe     Madawaki     Ajase-Ipo     Tunji Olawuyi     Sebastine Obasi     Ebola     Aisha Ahman Pategi     Ope Saraki     Sobi FM     Ilorin West/Asa Federal Constituency     Gafaru Olayiwola Olorisade     Olaitan Adefila     National Broadcasting Commission     Akom Construction And Engineering Synergy Ltd     Gbemi Saraki     Amusa Bello     Moshood Bakare     Wale Oladepo     Awodun     Olugbense     Village Alive Development Association     Abdulmalik Bashir Mopelola Risikatullahi     Barakat Community Secondary School     United Nigeria Airline     Ademola Kiyesola     Olatunde Jare     George Innih     General Tunde Idiagbon International Airport     Senate President     Economic And Financial Crimes Commission     David Oyerinola Adedunmoye     Abdulrahman Onikijipa     Arinola Lawal     Yusuf Aiyedun     Arandun     Nupe     Peter Obi     Yoruba    

Cloud Tag: What's trending

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

Deji Ajani     Bello Oyebanji     Oba Abdulkadir La\'aro     Abdulganiyu Salahudeen     Adeniyi Ojo     Timothy Akangbe     Quarry Royal Valley     Rafiu Olasile     IESA     Ganmo Electricity Sub-Station     Dorcas Afeniforo     Lotus Bank     Dauda Adesola     Overland     Yusuf Abubakar     Balogun Gambari     Kassim Babamale     Abegunde Goke     Abubakar B.M     Bukola Saraki     Ijagbo     REO CAKES     Sobi     Third Estate     Belgore     Osuwa     Olatunde Jare     Sardauna     Abioye Bello     Adesina Simon Sodiya     Hassan Taiye Salam     Temi Kolawole     Galland Marcias     Abdulfatai Ahmed     Shuaib Jawondo     Kwara Muslim Pilgrims Welfare Board     Oluwatoyin Lukman     Jebba     Rotimi Oyedepo     Rueben Parejo     Tayo Awodiji     Village Alive Development Association     Odolaye Aremu     Hamidat Sulyman-Yusuf     IHS Towers     Agor     Okin Biscuit     Turaki     Awodun     Hakeem Lawal     George Innih     Gobir     Wahab Olasupo Egbewole     Afin Descendants Union Of Odo-Owa     Special Agro-industrial Processing Zone     Omar Gambari     Salman Alada     Kayode Ogunlowo     Michael Ologundea     Naira Redesign     Yusuf Ibitokun Sherifat     Monsurat Omotosho     Aso-ofi     Olabanji Orilonishe     Mukhtar Shagaya     Mohammed Lawal Bagega     Forgo Battery Company Limited     Saadu Alanamu     Toyosi Thomas     Sai Kayi     Tunde Oyawoye     Jimoh Saadudeen Muhammed     Isaac Gbenle     Centre For Peace And Strategic Studies     Ilorin Durbar     Tescom.kwarastate.gov.ng     Yoruba