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.

Najim Yaasin     Kwara Liberation Group     Jare Olatundun     Tafida     Jide Ashonibare     Toyin Falola     Assayomo     Jide Oyinloye     Crystal Corner Shops     Adedayo Yusuf Abdulkareem     Gurei     Abraham Ojo     Abdulrahman Abdulrasaq     Surajudeen Akanbi     Oluwatoyin Lukman     Kehinde Boyede     Toyin Saraki     Oluranti Idowu     Colleges Of Education Academic Staff Union     Muhammad-Mustapha Suleiman     Idris Garuba     The Herald     Monkey Pox     Olabanji Orilonishe     Yunus Oniboki     Kabir Shagaya     Oyun     Cornelius Adebayo     Salihu Ajia     V.O. Abioye     Abdulazeez Uthman     Shaaba Lafiagi     Bibire Ajape     Al-Adaby     Kayode Ogunlowo     Imam Gambari     Saeedat Aliyu     SSA Youth     Elerinjare-Ibobo     Ayinde Oki     UNILORIN Alumni     ER-KANG     Stephen Fasakin     Tafidan Kaiama     Noah Yusuf     Kemi Adeosun     Sidikat Uthman Ajibola     MalHub     Oladipo Akanmu Tolani     Tanke     Sobi Specialist Hospital     Olosi Of Osi     John Olobayo     Isa Aremu     Government High School (GHS), Adeta     Kubra Kazum     Muhammed Aliyu     Oloruntoyosi Thomas     Ibraheem Abdullateef     Abdulhakeem Adelaja Amao     Abdul-Rasheed Na\'Allah     Mohammed Tunde-Jimoh     Kamaldeen Kehinde     Arandun     Gbemi Saraki     Reuben Paraje     Isiaka Oniwa     Naira Redesign     Tanke Road     Aliyu Olatunji Ajanaku     Senior Staff Union Of Colleges Of Education     Mogaji Aare     Mohammed Jimoh Faworaja     KFA     Amos Sayo     Kwara Basketball Association     Bashir Badawi    

Cloud Tag: What's trending

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

Ubandawaki     Suleiman Yahya Alapansapa     Isiaka Oniwa     Elerinjare-Ibobo     Senior Special Assistant On Student Affairs     Olatunji Ayeni     Obayomi Azeez     Lithium     Sa\'ad Alanamu     SAPZ Project     Association Of Kwara State Online Media Practitioners     Unilorin     Fatai Garuba Labaka     Kwara Liberation Group     Kwara NIPR     Noah Yusuf     Apado     Split Diamond Interchange     Aliyu Kora Sabi     Budo-Egba     Yahaya Abdulkareem     Toyin Sanusi     Oba Sulaiman Asude     Yusuf Ibitokun Sherifat     Gbemi Saraki     KWACOBPA     Abiodun Jacob Ajiboye     Erin-ile     Anilelerin     Ganmo Electricity Sub-Station     Hijaab     Idris Garba     Ayinde Oyepitan     Rasheed Jimoh     Saidu Isa     Abdul Jimoh Mohammed     Otoge     Christopher Tunji Ayeni     Valsolar Consortium     Kwara State Infrastructure Development Fund     John Kehinde Salako     Salman Suleiman     Yinka Aluko     Suleiman Alege Kuranga     Abdullahi Dasilva Yussuf     Abdulmumini Sanni Jawondo     Ibrahim Issa Jetti     Aso Ofi     SUBEB     Justina Oha     Abraysports FC     Kwara 2019     Nigerian Army     Dankaka     Alimi Abdulrazaq     Lola Ashiru     Samuel Adedoyin     Kwasu     Ajeigbe     Alao Ayotunde     Kwara State Printing And Publishing Corporation     Kwara Teaching Service Commission     Overland     HICA     Edu     Vasolar Consultoria     Post Utme     Abdullateef Abdussalam     Nigeria Governors\' Forum     Www.Kwarareports.com     Yusuf Lanre Badmas     Lawal Arinola Kudirat     Yusuf Abdulkadir     Islamic Development Bank     Goodluck Jonathan     Isau     Elections