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.

Wahab Abayawo     Bayo Ojo     Bankole Omisore     HYPPADEC     Gobir Organization Foundation     Nurudeen Muhammed     Kayode Zubair     Isiaq Khadeejah     Salman Alada     Mohammed Danjuma     Salau Kabiru Abdullahi     Ibrahim Abduquadri Abikan     Lithium     Ayo Adeyemi     Sa\'adu Gambari     Manzuma     Sulaiman Gado     Abdullahi Dasilva Yussuf     Gbenga Adebayo     Ubandoma     Agor     Law School Scholarship     Senate Presidency     Maimunat Oniyangi     Samuel Adaramola     Umar Ayinla Saro     Ile Arugbo     Sa\'adu Salau     Omotosho     Abdulraheem Yusuf     Presidential Election     Omar Gambari     Akom Construction And Engineering Synergy Ltd     JMK Construction Company Limited     Ado Bayero     Clement Yomi Adeboye     Bello Oyebanji     Abubakar Olusola Saraki     Oniyangi Kunle Sulaiman     Kayode Yusuf     Ibrahim Abdullahi     Michael Nzekwe     Baboko     YAKOOYO     Olatunde Jare     Kwara State Pension Board     Shettima     Tuesday Assayomo     Joseph Bamigboye     Voices Of Tomorrow     Shuaib Boni Aliyu     Salaudeen Oyewale     Igosun     Ibrahim Abdulkadir Abikan     Bello John Olanrewaju     Oke-opin     Chief Of Staff     Arca Santa     GANZY     NIPOGA     General Hospital, Offa     Shaykh Luqman Jimoh     Coalition Of Kwara North Groups     Sheikh Hamzat Yusuf Ariyibi     Omu-aran     Dorcas Afeniforo     Olupako     Razaq Ayobami Akanbi     Ijagbo     Ibrahim Taiwo Road     Suleiman Alege Kuranga     Kayode Bankole     Bayo Ajia     Bola Olukoju     QuickWin     Vasolar Consultoria     Monsurat Omotosho    

Cloud Tag: What's trending

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

Ilorin Emirate Stakeholders Forum     Hassan Saliu     Plat Technologies Limited     Raji AbdulRasaq     Turaki     Gurei     Mutawali Of Ilorin     Folaranmi Aro     Mustapha Olanipekun     Kanu Agabi     Olusin Of Ijara Isin     Yahaya Seriki     Amuda Aluko     Share-Tsaragi     Adijat Adebiyi     Bank Of Industry     Ganmo     Yusuf Ali     Muhammed Danjuma     Kale Bayero     Isiaka AbdulRazaq     Jimoh Bashir     Taofik Abiodun Ahmed     Omoniyi     Bareke     Federal Neuro-Psychiatric Hospital     CT Ayeni     Bankole Omisore     Folorunsho Alao     Elerinjare-Ibobo     Mary Arinde     Otoge     Is\'haq Modibbo Kawu     Alikinla     AbdulRauf Keji     Jumoke F. Ajao     Kayode Ibrahim     Babatunde Ajeigbe     Shola Odetundun     Coalition Of Kwara North Groups     Pakata Development Association     Hamza Usman     Abdulrahman Onikijipa     John Kehinde Salako     Olabimpe Olani     Kpotum Mohammed Baba     Sherif Shagaya     Kwara Volleyball Association     Adesoye College     Salake     Garba Ayodele Wahab     Muhammad Mustapha Suleiman     Ibraheem Adeola Katibi     Muyiwa Oladipo Kanu     Tunji Ajanaku     Abubakar Baba     Cornelius Adebayo     Ubandawaki     Mufutau Gbadamosi Esuwoye     Orisun Igbomina     High Court     AbdulHakeem Ajibola Akanbi     Senior Staff Union Of Colleges Of Education     Leke Ogungbe     Kuliyan Geri     SGBN     Amos Sayo     Gbajabiamila     Abdulrahman Abdulrasak     Abdulrazaq Sanni     Ubandoma     Oloriegbe     IsDB     Ilorin Anchor Men And Women     Christopher Tunji Ayeni     Bashir Omolaja Bolarinwa     Hauwa Nuru