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.

Yakubu Shaaba     Hamid Bobboyi     Ilorin Durbar     Ibrahim Bio     Hikmah AbdulKareem     Abubakar Bature Sulu-Gambari     Ajuloopin     Oba Abdulkadir La\'aro     Isau     KWIRS     New Nigeria People’s Party     Kayode Laro     Kwara Apc     Malete     Susan Modupe Oluwole     Abubakar B.M     Clement Yomi Adeboye     Ibrahim Akaje     Akom Construction And Engineering Synergy Ltd     Abraysports FC     Yetunde Balogun     Moshood Kashimawo Abiola     Florence Saraki     Saliu Oluwole     Abdul-Rahoof Bello     Kola Olota     Yusuf Badmus     Titus Suberu-Ajibola     Lawal Jimoh     Salman Alada     Oke-Ogun     Yaru     Olupako     Ganiyu Taofiq     Lukman Oyebanji Fagbemi     Shade Omoniyi     Government Girls’ Day Secondary School Pakata     Monthly Sanitation     College Of Health     Ekweremadu     Amos Sayo     Usman Yunusa     Umar Bayo Abdulwahab     Ilorin Emirate Staff Association     Opobiyi     Abdulmajeed Abdullahi     Abdulkadri Ahmad Alaiye     Adesina Simon Sodiya     Senior Special Assistant On Student Affairs     Abdullahi Dasilva Yussuf     Towobola Abdulrahman Toyin     Obuh     Sidikat Alaya     Abdulkarim Adisa     Owu Fall     Yashikira     Umar Adelodun     Ilesha-Baruba-Gwanara     Toyin Sanusi     Isapa     Crystal Corner Shops     Dan Masanin     CACOVID Palliatives     Plat Technologies     Jare Olatundun     Adedipe     Olatinwo     Maigida     Isaac Aderemi Kolawole     Umar Ahmed Gunu     Tanke Flyover Bridge     Oko     Inside Kwara     Kwara Polytechnic     Bolaji Nagode     Marufat Oladosu     Usman Alkali Baba    

Cloud Tag: What's trending

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

Mohammed Saidu     Emir Of Ilorin     Oloruntoyosi Thomas     TETFUND     Local Government     Sola Saraki University     2017 Budget     Abubakar B.M     Okin Malt     Afonja     Micheal Imodu-Ganmo Road     Aminu Ado Bayero     NYSC     Alanamu     Yusuf Lawal     Sarakite     Ishola Moses Abiodun     ARMTI     Tunde Akanbi     Isapa     Kwara Pdp     Eleja Taiwo Banu     Ladi Hassan     Sheikh Ridhwanullah El-ilory     Naira Redesign     Olabimpe Olani     Chief Of Staff     Split Diamond Interchange     Lanre Issa-Onilu     Iponrin     Kwara State Football Association     Wahab Olasupo Egbewole     Michael Nzekwe     Turaki Of Ilorin     Timothy Akangbe     Kwara Central     Oniwasi Agbaye     Abdulkarim Adisa     Sa\'adu Salau     Maryam Ado Bayero     Sanitation Exercise     Bayo Mohammed Onimode     FERMA     Ijagbo Health Centre     Budo Egba     20 Billion Bond     Adamu Ibrahim Sabi     Ibrahim Bio     Gbugbu     Oba Abdulkadir La\'aro     EndSARS     Issa Memunat Moyosore     Basit Olatunji     Face Masks     Tanke Road     Voices Of Tomorrow     Javed Khan     Zainab Abass     Funke Adedoyin     Ibrahim Mashood     Afetu Of Alabe     KWSIEC     Olayinka Oladapo Jogunola     Oluwole Dupe     Owode Market     HAMFAT Clinic And Maternity     Atiku     Kayode Laro     NIPR     Adamu Jemilat-Baki     Elese Of Igbaja     Kabir Shagaya     Sulu Babaita Isiaka     Musbau A. Akanji     Ayedun     Afeyin-Olukuta     Colleges Of Education Academic Staff Union