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.

Joana Nnazua Kolo     Yahaya Abdulkareem Babaita     Yahaya Muhammad     Abdulahi Abubakar Bata     Ibrahim Gambari     George Innih     Suraj Tunji Oyewale     Col. Taiwo     Lai Mohammed     Idofin     Ibrahim Abduquadri Abikan     Quareeb Islamic Association     Segun Adeniyi     Islamic Development Bank     All Confederation Of Principals Of Secondary Schools     Javed Khan     Kwara State Governor     Boko Haram     Olatunji Abdulmumeen     Al-Ilory     Oladimeji Thompson     Halimat Yusuf     ASKOMP     Lasiele Alabi Yahaya     Vasolar Consultoria     Yusuf Amuda Gobir     Yoonus Kola Olatinwo     Musbau A. Akanji     Olaiya Victor Mobolaji     Tafida Of Ilorin     Isa Aremu     Offa     Raymond Olaitan     Ilorin General Hospital     NURTW     Admiralty Villa     Mohammed Ghali Alaaya     Bamidele Aluko     Ndama Al-hassan     Bolaji Gambari     V.O. Abioye     Sabi     Hydroelectric Power Producing Areas Development Commission     Christopher Tunji Ayeni     Hajj     Okeose Christian Cementary     Iyeru Grammar School     Balogun Fulani     Elerinjare-Ibobo     Abdulmumini AbdulRazaq     Quran     Ibrahim Abdullahi     Amuda Aluko     Shuaibu Yaman Abdullahi     Apado     Pius Abioje     Chief Imam Of Offa     Segun Olawoyin     College Of Health     Manzuma     Freshvine Nigeria Limited     Salman Jawondo     Pategi     Ita-Ore     Frootify     Abikan     Osi     Ganmo Power Sub-Station     Oko Erin     Hussein Oloyede     Isin     Kazeem Adekanye     Saadu Yusuf     Babajide Ajayi     Omoniyi M. Ayinla     Council Of The Wise     Arca Santa    

Cloud Tag: What's trending

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

Olufolake Abdulrazaq     Fatima Abolore Jimoh     Oko     Shola Odetundun     Muhammad Yahya     Doyin Agbamu     Abubakar Kawu Baraje     Abubakar Bature Sulu-Gambari     Third Estate     Cornelius Fawenu     Salihu Jibril Garbi     Raliat Islamic Foundation     Awodun     Alore     Idi-Ape     AbdulHakeem Ajibola Akanbi     Ubandoma     Sa\'adu Salau     Ilorin Anchor Men And Women     Kwara Consultative Forum     Okala Baba     Abdullahi Adisa Akodudu     Moronfoye     Sulaiman Gado     Kwara State Sports Commission     Sa\'adatu Modibbo-Kawu     Ishaq Oloyede     Ahmad Lawan     Kumbi Titilope     Dorcas Afeniforo     Bukola Saraki     Ibrahim Gambari     Ajidagba     University Road     Okin Biscuit     Amuda Musbau     Kwara Polytechnic     Abdullahi G. Mohammad     Amoyo     Yusuf Abdulraheem     Khairat Gwadabe     Shonga     Lithium Deposit     Kudirat Arinola Lawal     Assayomo     HICA     Lawal Olohungbebe     Wahab Kunle Shittu     Sanitation Exercise     Olaosebikan     HYPPADEC     Dele Momodu     Akande Idowu Ayoola Muhammed     Ahmed \'Lateef     Sebastine Obasi     Mufutau Gbadamosi Esuwoye     Bahago     Esuwoye     Alimi Abdulrazaq     Ahmad Olanrewaju Belgore     Awili Pedro     Sabo-Oke     John Olajide Adedipe     David Oyerinola Adedunmoye     Garba Idris Ajia     Kehinde Boyede     Tunde Akanbi     Amuda Bembe     Oja-Oba     Okoolowo     Lotus Bank     NURTW     Abdulganiyu Oladosu     Mansur Alfanla     Ibrahim Labaika     General Tunde Idiagbon International Airport     Bursary