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.

Bankole Omisore     Tafida     08001000100     KWAFFA     IsDB     Bayer Nigeria Limited     Mogaji Aare     MMWG     Hussein Oloyede     Dumagi     Muritala Olarewaju     Fareedah Dankaka     Elections     Ijagbo Health Centre     Olayinka Olaogun     Abdulmajeed Wahab     Ayinke Saka     Kwara-SAPZ Project     Kwara State Council Of Chiefs     Geri-Alimi Split Diamond Interchange     Tayo Alao     Emmanuel Bello     JAAC     Ilorin Water Reticulation     Rasaq Jimoh     Bamikole Omishore     Yetunde Balogun     Abubakar Bature Sulu-Gambari     Kamaldeen Kehinde     Reuben Paraje     Code Of Conduct     Ilorin West     Wahab Isa     Salaudeen Oyewale     Gambari     Bayo Ojo     Toyin Saraki     Aisha Ahman-Pategi     Yomi Ogunsola     Sabi     Theophilus Oyebiyi     Abdulwasiu Bolaji Adeyi     Dar-Al-Handasah Consultants     Suleiman Abubakar     Imam Gambari     Owo Arugbo     National Party Of Nigeria     Ike Ekweremadu     Hamid Bobboyi     Kwasu     Kwara Primary Health Care Development Agency     Ekweremadu     Aminat Ahmed     Amada Jidda     Oba Abdulrahim     Kwara State Health Insurance Agency     Amusement Park     Haruna Olawale Sulaiman     Sheikh Ridhwanullah El-ilory     Offorjama     Village Alive Development Association     AGM Professional Services     Tafida Of Kaiama     Micheal Imodu-Ganmo Road     Jalala     Olatunde Olukoya     Shehu Salau     Valsolar-Kwara Company Limited     Abdulkarim Adisa     Ijagbo     Ilorin Central Mosque     07039448763     Abdulrazak Shehu Akorede     Sayomi     Tunji Olawuyi     Christopher Odetunde     Aiyedun    

Cloud Tag: What's trending

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

Sulyman Tejidini     Nigerian Army     Dele Momodu     Elerinjare-Ibobo     Otuka     Amusement Park     KW-GIS     Abdulrahman Abdullahi Kayode     Kumbi Titiloye     Baaziki Sulaiman     Split Diamond Interchange     Bahago     Ajikobi     KWSUED     Sadiq Buhari     Abdulmumini AbdulRazaq     Yusuf Amuda Abubakar     Umar Yakubu Jaja     AbdulHakeem Ajibola Akanbi     Lukman Adeloyin     Umar Adelodun     Mansur Alfanla     Solomon Edoja     Ramadan     Voices Of Tomorrow     Abdullahi Adisa Akodudu     Elelu     Buari Edun     Ubandoma     Local Government Pension Board     Tinubu     Kwara NIPR     Femtech     Ekiti     Emir Of Ilorin     Kulende     07039448763     Abdulkadir Akanbi-Oke     Ibrahim Agboola Gambari     Olaiya Zuberu     Arca Santa     The Herald     Council Of The Wise     Tanke Road     Okeose Christian Cementary     Sherif Sagaya     Kazeem Adekanye     Turaki Of Ilorin     Wahab Femi Agbaje     ITEM 7     Jaiz Bank     Lithium     COVID     Salami Adekunle     Jani Ibrahim     Kuliyan Geri     HICA     Agboola Abdulraheem     Femi Oladiji     Abdulrasheed Na\'Allah     Victor Gbenga Yusuf     Bamidele Adegoke Oladimeji     Mubarak Oladosu     Rihanat Ajia     Nigeria Customs Service     Special Adviser On Digital Innovation     Isin     Tunde Kazeem     Odogun Olushola Gabriel     Alloy Chukwuemeka     Joseph Daudu     Ilorin West     Junior Secondary School Certificate Examinations     Abdulwaheed Musa     Kwara State Health Insurance Agency     Veterinary Teaching Hospital     Apaola