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.

Ahmad Lawan     Okin High School     N-Power     Mustapha AbdulGaniyu     Ahmed Alhasssan     Haliru Yahaya     Joshua Adeyemi Adimula     Lola Ashiru     Ethical College     Muhammed Mahe Abdulkadir     Neuropsychiatric Hospital     MMWG     Kunle Suleiman     Kwara NIPR     Kazeem Adekanye     Kwha.gov.ng     Olosi Of Osi     Yahya Mohammed     Halimat Yusuf     Ajidagba     Abdulfatai Salman Baakini     Alfa Belgore     Oloje     Jalala     AbdulGaniyu Kareem     Moshood Kashimawo Abiola     Saka Balikis Kehinde     Bamidele Aluko     Bola Sagaya     Kaosarah Adeyi     Shonga Farm Project     Babaloja-General     Ramadan     Ilorin South     Kunle Okeowo     Moses Rahman Popoola     Senior Ibrahim Suleiman     Isiaka Rafiu Mope     Alagbado     Kamaldeen Ajibade     Lanwa     Police Commissioner     CKNG     Medview Airlines     Tunde Yusuf     Lai Mohammed     School Of Nursing     Monthly Sanitation Exercise     Oba Mogaji Abdulkadir     Convocation Ceremonies     Adesina Simon Sodiya     Sardauna     Elesie Of Esie     Just Law Forum     Naira Redesign     ASUU     07039448763     Omu Aran     Bisi Oyeleke     Isiaka Saka Opobiyi     Dumagi     Jumoke Monsura Gafar     Lafiagi     Wahab Isa     Awwal Jawondo     Amina Susa\'a De Ahmed     Share-Tsaragi     Abdullahi AbdulMajeed     JMK Construction Company Limited     Amusement Park     KSIRS     Elewu     Christian Association Of Nigeria     Baakini     Kulende-UITH     Maigida     Kwara State Internal Revenue Service    

Cloud Tag: What's trending

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

Kunle Okeowo     Abubakar Suleiman     Moses Afolayan     Plat Technologies Limited     Mahe Abdulkadir     MATTA Girls Foundation     Oniyangi Kunle Sulaiman     Nigeria Computer Society     Kehinde Baale     Islamic Development Bank     Yusuf Abubakar     Nigerian Medical Association     Aiyedun     Obayomi Azeez     Ibrahim Abdulkadir Abikan     Yahaya Oloriegbe     Fatai Olodo     Mubarak Oladosu     Kola Bukoye     Esinniobiwa Quareeb     Ibraheem Adeola Katibi     Iyaloja-General     Harafat E. Mukadam     Ahmed Saidu Rufai     Zubair Folorunsho Erubu     Muhammed Danjuma     Balogun Fulani     A.G.F Abdulrasaq     International Vocational Centre     Labour Party     Salaudeen Oyewale     ITP     Lateef Fagbemi     Ronke Adeyemi     Akume     Simeon Sayomi     Dan Iya     Sobi     JUSUN     Federal Road Maintenance Agency     Democracy Day     Ilesha-Baruba-Gwanara     Elections     Kwarareports.com     Oba Of Jebba     Lola Olabayo     11th Galadima     Neuropsychiatric Hospital     Elelu     Rebecca Olanrewaju     Muhammadu Gobir     Baboko     Offa     IQRA College     Apaokagi     Ahmad Ali     Jimoh Olusola Imam     Gobir     Michael Ologundea     Students Union Government     Idi-Ape     Alore     Musa Alhassan Buge     Kwara Restoration Project     Lawal Olohungbebe     Press Release     Michael Nzekwe     Vasolar     Mufutau Gbadamosi Esuwoye     Tinubu     Ayo Opadokun     Niyi Osundare     Iyeru Grammar School     Hamidat Sulyman-Yusuf     Ganmo     Oke-opin     Sambo Murtala