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.

Solomon Edoja     Saliu Alamoyo     Orire     Tsaragi/Share     Ayegbeni     Isiaka Danmeromu     Olufolake Abdulrazaq     Post Utme     Rotimi Oyedepo     Sarah Alade     Rasaq Jimoh     Tafida Of Ilorin     Budo-Egba     Nigeria Foundation For Artificial Intelligence     Yemi Osinbajo     David Oyedepo     Adama Isa     Computer Based Test     Shehu Adaramaja     Mahmud Ajeigbe     Kwara State Polytechnic     Sango-UITH Road     AbdulFatai Adeniyi Dan-Kazeem     Fatai Adeniyi Garba     Quareeb Islamic Association     Adebara     Abubakar Lah     Turaki     KWASEIC     Ethical College     Chemiroy Nigeria Limited     Alabi Olayemi Abdulrazak     Zulkifli Ibraheem     Saheed Alakoso     Ahmad Olayiwola Kamaldeen     Henry Olaosebikan     Kannike     Minister     Javed Khan     Mike Omotosho     Bashir Badawi     Oke-opin     Agboola Abdulraheem     Monthly Sanitation Exercise     Abdulsalam A. Yusuf     Ilesha-Baruba-Gwanara     Oro Grammar School Old Students Association     Arca Santa     Abdulwasiu Bolaji Adeyi     Razak Atunwa     NNPP     C2c@kwarastate.gov.ng     Muideen Olaniyi Alalade     Ayotunde Emmanuel Alao     Sabi     Usman Yunusa     Samuel Adedoyin     Adeola Abraham     Kolade Solagberu     Albert Ogunsola     Adekunle David Dunmade     ASUU     Ghali Alaaya     Siddiq Adebayo Idowu Salawu     Funmilayo Mohammed     Ajayi Okasanmi     Alliance For Democracy     Durosinlohun Kawu     Justina Oha     Kazeem Adekanye     ASMAU PLAZA     Shao     Olaiya Zuberu     Salami Adekunle     Young Progressives Party     Shettima     Sam Okaula    

Cloud Tag: What's trending

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

Kwara State Geographic Information Service     KWASIEC     IDPU     Ibrahim Bio     Mohammed Ibrahim     BIR     Saka Keji     Abdulfatah Ahmed     Razaq Atunwa     KWTV     Fatima Abolore Jimoh     Frootify     Abdulrazaq Magaji     Mahmud Babatunde Baker     Issa Memunat Moyosore     Saka Onimago     Olateju Lukman     Odogun Olushola Gabriel     Yusuf Aiyedun     Iyeru Grammar School     Aminat Omodara     Baaziki Sulaiman     Abdulmajeed Abdullahi     Ibrahim Kayode Adeyemi     Babaita     Pakata     Ridwan Agboola     Muhammed Akanbi     Student Learning Support Helpline     Oba Mogaji Abdulkadir     Isin     Valsolar Consortium     Abdulkadir Remi Hawawu     Jimoh Lambe Abdulkareem     Salman Jawondo     Ibrahim Oniye     Shonga     Awodun     CUTI     Ishak Mohammed Sabi     Idris Amosa Saidu     Mohammed Khadijat Kubura     Yusuf A. Usman     John Olobayo     Jeunkunu-Malete-Bani     Risikat Lawal     Societe Generale Bank Of Nigeria     Minimum Wage     Oya State     Makama Of Ilorin     Matthew Babaoye     Dele Momodu     Benin Republic     Nigeria Customs Service     Samuel Elizabeth Keatswa     Ayo Salami     Kwara Politics     Omotosho     Shururat Olatinwo     First Lady     Daud Adeshola     Yakub Lai Gobir     Olayinka Are     Kale Belgore     College Of Education     Government Girls’ Day Secondary School Pakata     Zulkifli Ibraheem     Abdulrahman Iliasu     Solomon Edoja     Titus Ashaolu     Ganiyu Abolarin     Oke-Ode     Roseline Oni Aremu     CT Ayeni     Oyedun Juliana Funke     Bashirat Bola Bello     Jimoh Olusola Imam