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.

Gbugbu International Market     Muhammed Abdullahi     Omoniyi     Kwara Basketball Association     Taofeeq Olateju     Idowu Aremu     Trader Moni     Kwara State Sports Commission     Plat Technologies Limited     Labour Party     Abioye Bello     AbdulFatai Adeniyi Dan-Kazeem     Amasa     Muslim Cementary     Galadiman Ngeri     Government High School Adeta     James Kolo     Maryam Nurudeen     Alapansapa     Kwara Volleyball Association     Bolakale Saka     Ilesha-Gwanara     Oja-Oba     Idris Garuba     Tunde Yusuf     Okanlawon Taiwo     Odogun Olushola Gabriel     Ilorin General Hospital     Opaleke Bukola Iyabo     Olateju Lukman     Adedeji Onimago     Ben Duntoye     Afusat Nike Ibrahim     REO CAKES     Shade Omoniyi     Iqra Books     Budo Egba     Oro Grammar School     Tope Daramola     Raji Ayodele Kamaldeen     Ilorin Airport     Matthew Okedare     Alabere     Ogbondoroko     Abdulkadir Bolakale Sakariyah     Emir Of Kano     Is\'haq Modibbo Kawu     Sarah Jubril     Adamu Jemilat-Baki     Niyi Ogundiran     Muyiwa Oladipo Kanu     Oyedun Juliana Funke     Mutawali Of Ilorin     Ramadhan     2017 Budget     Oyelere Oyinloye     Yaru     Saka Asiat Ayinke     Saadu Gbogbo Iwe     Moshood Mustapha     NTA Ilorin     Garba Ayodele Wahab     Henry Makinwa     Kayode Issa     Alumni Association Of The Federal Polytechnic Offa     Mohammed Yisa     Musa Yeketi     United Nigeria Congress Party     Tunde Akanbi     Kayode Zubair     Rebecca Bake     Ilorin International Airport     Trade Lenda SME Fair     Col. Taiwo     Kwara State University Of Education     Kwara 2023     Abdullahi AbdulMajeed    

Cloud Tag: What's trending

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

Alumni Association Of The Federal Polytechnic Offa     Saka Adeyemo     Ahmed Alhasssan     AbdulQowiy Olododo     Mohammed Tunde-Jimoh     Hussein Olokooba     Kwara Polytechnic     Popo-Igbonna     Bola Iyabo Ibiyeye Adisa     Amuda Bembe     Alabere     Falokun-Oja     Marafan Shonga     First Lady     Ilorin Emirate Stakeholders Forum     Mashood Dauda     Afetu Of Alabe     Joseph Offorjama     Yusuf Ibitokun Sherifat     Doyin Awoyale     Oke-Oyi     Bashirat Bola Bello     Olatunji Ibrahim     Saadatu Modibbo-Kawu     Ridwan Agboola     Hakeem Idris     Guber Aspirant     Ibraheem Adeola Katibi     Olayinka Are     Bamikole Omishore     Toyin Saraki     Aminu Ado Bayero     Gurei     Olohungbebe     Michael Nzwekwe     Muideen Olaniyi Alalade     CUTI     Just Law Forum     Al-Hikmah Radio     Ijakadi     Olaiya Lawal     Idris Amosa Saidu     IDPU     Saadu Alanamu     Sherif Sagaya     Jide Oyinloye     Markaz Arabic And Islamic Training Institute, Agege     CCEPE     Iyeru Grammar School     Oloruntoyosi Thomas     Malete     Ganiyu Abolarin     HYPPADEC     Akanbi-Oke     Jimoh Olusola Imam     Abubakar Baba Sulaiman     Issa Memunat Moyosore     Ilorin West/Asa Federal Constituency     Moronfoye     Lanre Jimoh     NIPR     KWSIEC     Adedipe     Salami Adekunle     ASMAU PLAZA     Ileloke     Bayo Ojo     LEAH Charity Foundation     Hassan Saliu     Kunle Akogun     Lanre Olosunde     SWAN     Mazars Consulting     Raliat Islamic Foundation     Niguel Gallando Marcias     Kwara State Governor     Olusin Of Ijara Isin