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.

Seun Bolaji     Maryam Ado Bayero     Otuka     Sobi Specialist Hospital     Ojo Fadumila     Mohammed Haruna     Busari Toyin Isiaka     Adamu B. Yaqubu     Seed Technologies     Bolaji Aladie     SGBN     Yekini Adio     Umar Adelodun     Special Adviser On Digital Innovation     Haleeman Salman     Gobirawa     Okiki     Mufti Of Ilorin     Senior Special Assistant On Student Affairs     Volunteers Of Ilorin Community And The Emirate     Minimum Wage     Abdulwasiu Bolaji Adeyi     Laboratory-to-Product     Awili Pedro     Kabir Shagaya     Durbar     Yahaya Jibril Usman     Ibrahim Issa Jetti     Third Estate     Suleman Abubakar     Leke Ogungbe     Funke Adedoyin     Al-Ilory     Local Government     Elerinjare     Bankole Omishore     Ghali Alaaya     Ishak Mohammed Sabi     Yahaya Seriki Gambari     Oyedepo     NAWOJ     Omar Gambari     Yinka Aluko     Hakeem Lawal     Muftau Akanbi Oke     Aso-ofi     Ariyo     Moshood Bakare     Yahaya Seriki     Sanitation Exercise     Aishat Sulu-Gambari     Buhari     ER-KANG Mining     Garba Idris Ajia     Erubu     Egbewole     Ahmed Alhasssan     Dumagi     Ilorin Durbar     Adeniyi Ojo     Air Peace     UNIFEMGA     07039448763     Abiodun Jacob Ajiboye     ITP     Olateju Lukman     Special Agro-industrial Processing Zone     Umar Ahmed Gunu     Jawondo     Isiaka AbdulRazaq     Tunji Olawuyi     Toyosi Thomas     Nigeria Governors\' Forum     LABTOP     Wahab Issa     Ibrahim Kayode Adeyemi     Taofeek Ibraheem    

Cloud Tag: What's trending

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

Hydroelectric Power Producing Areas Development Commission     Yusuf Ibitokun Sherifat     Olatomiwa Williams     Basic Education Certificate Examination     Pakata Development Association     Tunde Mukaila Mustapha     United Nigeria Congress Party     IF-K     GGDSS Pakata     State Bureau Of Internal Revenue     John Kehinde Salako     Sarah Alade     UTME     Ramadan     Isiaka Abdulrazak     Shettima     Salihu Ajibola Ajia     Taofik Abdulkareem     Ilorin Emirate Stakeholders Forum     Wahab Agbaje     Tanke Road     ER-KANG Mining Nigeria Company Limited     Aliyu Kora-Sabi     Awodun     Issa Manzuma     Tunji Moronfoye     Taofik Abiodun Ahmed     Adijat Adebiyi     ITP     Kuliyan Geri     Valsolar Consortium     ARMTI     New Nigeria People’s Party     Ijagbo     Convocation Ceremonies     Ileloke     Goodluck Jonathan     Bolaji Aladie     Abdulwahab Oba     Laduba     Baba Adini Of Kwara State     Akeem Lawal     Abubakar Kawu Baraje     Yekini Adio     Mohammed Katsina Ahmed     Aisha Ahman-Pategi     Owo Isowo     Raliat Elelu-Habeeb     Abubakar B.M     Bola Tinubu     Yekeen Alabi     Shururat Olatinwo     Hauwa Nuru     Damilola Yusuf Adelodun     Saliu Ajia     Opolo Global Innovation Limited     SSA Youth Engagement     Bello Bature     Naira Redesign     Inside Kwara     CLAY POT     Samuel Adaramola     Ambassador Kayode Laro     Abdullahi Samari     Edret Sabi Abel     A.E. Afolabi     Cassava Growers\' Association     Kwara University Of Education     Kwara Hotel     Samuel Olusegun Adedayo     Turaki     Coronavirus     Yahaya Seriki     Rasaq Jimoh     Atunwa     ANCOPPS     Ibrahim Abdulqadir Abikan