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 Issa     Ajike People Support Centre     Women Radio     Ojo Fadumila     Rebecca Olanrewaju     Bamidele Adegoke Oladimeji     Florence Saraki     Afin Descendants Union Of Odo-Owa     Lola Olabayo     Iyabo Adisa Ibiyeye     GAMA     Yahaya Jibril Usman     Ojuekun     Kwara Hotel     Iyaloja-General     Wahab Kunle Shittu     TIC     Shuaibu Yaman     Kolo     Kassim Babamale     Saka Aleshinloye     NSCIA     Al-Ilory     Bola Tinubu     Onilupeju Of Ilupeju     Orisa Bridge     Baboko     National Information Technology Development Agency     Abatemi-Usman     Yaman     Baba Issa     A.E. Afolabi     Hassanat Bello     Taofeek Sanusi     Lateef Alagbonsi     Oba-Solagberu     Wahab Abayawo     Magaji Are     Isiaka Oniwa     Tunde Mukaila Mustapha     Ishaq Abdulkarim     Mubarak Oladosu     Arinola Lawal     Alimi     Muritala Olarewaju     EndSARS     Kwara 2023     Elekoyangan     Wahab Femi Agbaje     Oluwole Dupe     Www.Kwarareports.com     Ahmed Shuaib Buranga     Shuaibu Yaman Abdullahi     Tunji Olawuyi     Bayer AG     Galland Marcias     Laduba     Offa Metropolitan Club     Wahab Agbaje     Otuka     Ahman Patigi     Lasiele Alabi Yahaya     Kwara Apc     Sunday Otokiti     Abatemi Usman     Trader Moni     Yakubu Gobir     MalHub     Balogun-Ojomu     Moshood Kashimawo Abiola     Sheikh Hamzat Yusuf Ariyibi     Odogun Olushola Gabriel     SUBEB     Twitter     Olajumoke Monsura Gafar     AbdulGaniyu Kareem     Ubandoma Of Ilorin    

Cloud Tag: What's trending

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

Odolaye Aremu     Abdulganiyu Oladosu     Deji Ajani     Clement Yomi Adeboye     Kanu Agabi     Aliyu Salihu     Haliru Dantoro     Alabere     Taofik Abdulkareem     Kwara Central     Micheal Imodu-Ganmo Road     Ishaq Oloyede     Kazeem Adekanye     Lateef Ademola Olatunji     Chemiroy Nigeria Limited     Adamu Atta     Kayode Ogunlowo     Lawan     Theophilus Oyebiyi     Muhammed Akanbi     Habeeb Saidu     Olokoba Abdullahi Ayinla     Muyideen Ajani Bello     Ejidongari     Muslim Stakeholders Of Kwara State     Sulyman Atolagbe Alege     Patience Jonathan     Olushola Saraki     Balogun Ajikobi     Oluwole Dupe     Yakubu Gobir     Oba Sulaiman Asude     Bukola Saraki     JSSCE     Rotimi Samuel Olujide     Saliu Ajibola Ajia     Alore     UITH     AbdulRauf Keji     Garuba Alikinla Shittu     Aishat Mohammed Lawal     Awoye     CLAY POT     Kwara South     Halimat Yusuf     Bond     Diagnostic Centre     Air Peace     Razak Atunwa     Yahaya Abdulkareem     Marafan Shonga     Ijakadi     Abubakar Atiku     Garba Idris Ajia     Kayode Laro     Mutawali     Kwara State Pension Board     Students Union Government     Raliat Islamic Foundation     Bayer AG     Shao     Elelu     Okanlawon Taiwo     April 11     Unicontinental Construction Company     Roheemat Hammed     John Dara     AbdulHakeem Ajibola Akanbi     Gobir     Roseline Oni Aremu     Ayodele Olaosebikan     Bola Tinubu     Mukhtar Shagaya     Saba Jibril     Basic Education Certificate Examination     Kishira     Bola Ahmed Tinubu