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.

Mohammed Lawal Bagega     Chemiroy Nigeria Limited     Michael Nzwekwe     Abubakar Usman Jos     Ghali Alaaya     Pategi     Iliasu     Hajj     John Obuh     Femi Gbajabiamila     Olaiya Lawal     Moremi High School     Idofin     Saraki     Yusuf Abdulwahab     Quarry Royal Valley     Labour Party     Bisi Oyeleke     Abikan     YAKOOYO     Kolade Solagberu     Opolo Global Innovation Limited     Samari     Akanji     Sarah Jubril     Florence Saraki     Bolakale Kawu     Jide Oyinloye     Mohammed Abduraheem     Yahaya Seriki Gambari     Issa Baba     Kwara Poly     Abdulsalam A. Yusuf     Yakub Lai Gobir     Mohammed Tunde-Jimoh     Ibrahim Jawondo     Ilorin     Kwara Hotel     Chikanda     Jumoke F. Ajao     Old Oyo     Onilupeju Of Ilupeju     Tsado Manman     Sulyman Atolagbe Alege     Ibrahim Oloriegbe     Government Girls’ Day Secondary School Pakata     Kisra     Lai Mohammed     Emmanuel Bello     Oba-Solagberu     Undergraduate Bursary     Joana Nnazua Kolo     Oyun     Kawu     Katibi Ibraheem Adeola     Risikat Lawal     Abdul-Rasheed Na\'Allah     AbdulHamid Adi     Haliru Dantoro     Arinola Fatimoh Lawal     Oko     Alao Ayotunde     Sarah Alade     Alabere     Folashade Omoniyi     IEDPU     Raimi Iyanda     CACOVID Palliatives     ER-KANG Mining Nigeria Company Limited     Ilorin Talaka Parapo     Moses Afolayan     Ilorin South Constituency     Abiodun Abdulkareem     Yunus Lawal     Matthew Babaoye     Yoonus Kola Olatinwo     Ayotunde Emmanuel Alao    

Cloud Tag: What's trending

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

Taofik Abdulkareem     Shaaba Lafiagi     Kwara State Geographic Information Service     Government House     Alanamu     Esuwoye     Yoruba     KFA     Afolasade Opeyemi Kemi     KWTV     Segun Olawoyin     Shao     Flights To Ilorin     Abubakar Baba Sulaiman     Oba Sulaiman Asude     Bature Bello     Raymond Olaitan     Bolakale Ayo     Temi Kolawole     Ahmed \'Lateef     Musa Abdullahi     Ayodele Shittu     Moro     Danhawa     Iliasu     Razaq Ayobami Akanbi     Yekeen Alabi     Onilorin Of Ilorin     Kwara Teaching Service Commission     ITP     Ilorin Anchor Men And Women     Kazeem Gbolagade     Owu Fall     Saadu Yusuf     Maryam Ado Bayero     Saka Isau     Muftau Akanbi Oke     NAWOJ     Suleiman Rotimi Iliasu     Umar Adelodun     Tafidan Kaiama     Monkey Pox     Shettima     Risikat Lawal     Ilesha-Gwanara     Elekoyangan     Owo Arugbo     Kayode Laro     Hassan Abdulazeez Elewu     Kwara Central     Academic Staff Union Of Universities     Khadijat Ayoola Yusuf     Omoniyi     Muyiwa Oladipo Kanu     Kawu     Funmilayo Mohammed     Egbewole     Olatinwo     Hauwa Nuru     Florence Saraki     Budo Egba     Omoniyi M. Ayinla     Kolade Solagberu     Akorede     United Nigeria Airline     Aso-ofi     Crystal Corner Shops     Salary     Gbugbu International Market     Yusuf Mubarak     IDPU     Ajasse-Ipo     Chief Imam Of Omu-Aran     Niyi Ogundiran     Sheikh Alimi     Yusuf Zulu-Gambari     Ibrahim Agboola Gambari