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.

GAMA     Kwara Pdp     Sunset Workers     Kwara State Health Insurance Agency     Earlyon Technologies     Sebastine Obasi     Onilupeju Of Ilupeju     Borgu     Olatunde Olukoya     Majlis For Sadakah, Zakat And Waqf     Gbemisola Saraki     Idi-Ape     Aasiyat Bello Oyedepo     Suleiman Yahya Alapansapa     Islamic Development Bank     Michael Nzekwe     Idofin     Ganmo     Kpotum Mohammed Baba     Afusat Nike Ibrahim     Fatima Abolore Jimoh     Ibrahim Gambari     Idowu Aremu     Offa Grammer School     Ilorin Amusement Park     Harmony Holdings     Bashir Badawi     Yusuf Amuda Aluko     Barakat Community Secondary School     Joana Nnazua Kolo     COVID     Senate President     SGBN     Kawu Baraje     Saliu Alamoyo     Usman Yunusa     Rice Farmers Association Of Nigeria     Adesina Simon Sodiya     Abdulwaheed Musa     Tsaragi/Share     Valsolar Consultoria     Rasaq Jimoh     Olatunde Jare     Alaaya     International Vocational Centre     A.G.F Abdulrasaq     Plat Technologies     Unilorin FM     Ilofa     Osuwa     Abdullah Janet Amudat     Oja-Oba     Akanbi-Oke     International Aviation College     KFA     Muhammad-Mustapha Suleiman     New Nigeria People’s Party     Ayobami Akanbi     ER-KANG Mining     Saad Omo\'ya     NTA Ilorin     Yakubu Danladi     Isiaka Alikinla     Abdulsalam Firdaous Amosa     Olajumoke Monsura Gafar     Share/Tsaragi     Shuaib Abdulkadir     Peter Amogbonjaye     Kaosarah Adeyi     Raji Ayodele Kamaldeen     Okasanmi Ajayi     Goodluck Jonathan     Bolakale Ayo     Y.A. Abdulkareem     Kisra     Oniye     Ubandoma    

Cloud Tag: What's trending

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

Ilorin Likeminds Foundation     Oluwatoyin Lukman     Adam Abdullahi Al-Ilory     Solomon Edojah     Damilola Yusuf Adelodun     Turaki     Salihu Ajia     Okala Baba     Samari     Razaq Ayobami Akanbi     Federal Road Maintenance Agency     Bilikis Oladimeji     Folashade Omoniyi     Tosin Saraki     GGDSS Pakata     Sulu Gambari     James Ayeni     Abdullahi Atanda     Aminat Omodara     Sarah Alade     Ganmo Power Sub-Station     Valsolar     Zainab Abass     Muhammed Akanbi     SAPZ Project     Olatunde Oyeyiola     Mohammed Lawal     Principal Private Secretary     Wahab Isa     Rasheed Jimoh     Moses Salami     Musbau A. Akanji     Salihu S. Yaru     Muhammad Fawaz Abubakar     Sebastine Obasi     Ado Ibrahim     Basit Olatunji     Yusuf Abdulwahab     Eleyele     Abdulwahab Oba     Shehu Alimi Foundation For Peace And Development     Olabode George Towoju     Muhammadu Gobir     Moshood Bakare     Dumagi     Ezekiel Yissa Benjamin     Afolasade Opeyemi Kemi     Raji AbdulRasaq     Aliyu Muhammad Saifudeen     Government High School (GHS), Adeta     CKNG     Suleiman Abubakar     Dairo Kunle Paul     Micheal Imoudu     Plat Technologies     Olateju Lukman     Isiaka Danmeromu     Abdulahi Abubakar Bata     Ola Falade     EndSARS     Tsaragi-Share     Olukotun Of Ikotun     Gurei     Abdulrauf Yusuf     Joseph Alex Offorjama     Nigeria Computer Society     Ajayi Okasanmi     Sunset Workers     Alagbado     Abdulrazaq Sanni     Olaitan Buraimoh     Abdulrahman Onikijipa     Sarakite     Mubarak Oladosu     March 28     Ishola Abdullahi     Michael Nzwekwe