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.

Kemi Adeosun     Suleiman Mora Omar     IYA ALFA NLA     Issa Manzuma     Share-Tsaragi     Matthew Okedare     Senate Presidency     Toyin Falola     Saka Abimbola Isau     CLAY POT     Shururat Olatinwo     Babs Iwarere     Gobir     Diagnostic Centre     Oluranti Idowu     Sola Saraki University     Ahmad Ali     Sango-UITH Road     Katibi Ibraheem Adeola     Oke-Ogun     Abdulrazaq Adebayo     James Ayeni     Forgo Battery     Samuel Adedoyin     Babaloja-General     Aminat Ahmed     Ilorin General Hospital     Government House     Photo News     Muritala Awodun     Muslim Media Watch Group Of Nigeria     Garment Factory     Eleja Taiwo Banu     Mashood Abdulrafiu Agboola     Islamic Development Bank     Offa Metropolitan Club     HAMFAT Clinic And Maternity     Umar Yakubu Jaja     CCB     Osuwa     Kwara State Football Association     Muyideen Ajani Bello     Abubakar Abdulraheem     Majlis For Sadakah, Zakat And Waqf     Ilorin Airport     Mukhtar Shagaya     Offa     Congress For National Consensus     Gurei     N-Power     Ilorin Anchor Men And Women     Haruna Tambiri Mohammed     Toyin Sanusi     Lawan     Ilesha Gwanara Road     Dairo Kunle Paul     Amuda Bembe     Hamza Usman     Al-Adaby     Unilorin     Alaro     Raliat AbdulRazaq     Orisa Bridge     Abdulkareem Alabi     Akeem Olatunji     Sola Saraki Educational Foundation     Omoniyi M. Ayinla     Curfew     Labour Party     Benin Republic     Egbejila     Ilorin South     Oba Abu     Ifelodun     Yusuf Abdulraheem     Babata     Ghali Muhammed    

Cloud Tag: What's trending

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

Sheu Ndanusa Usman     Tosin Saraki     Fulani     Tunde Yusuf     Rasheed Jimoh     Olupako Of Share     Tunji Arosanyin     PharmAccess Foundation     Muhammed Taofeeq Abdulrazaq     Oba Abdulrahim     EFCC     AbdulFatai Adeniyi Dan-Kazeem     Pakata     Ademola Kiyesola     Ilorin Metro Park     Aliyu Kora-Sabi     Bola Shagaya     Olohungbebe     Bola Iyabo Ibiyeye Adisa     Haruna Olawale Sulaiman     Adebayo Salami     Offa Poly     Yahaya Seriki Gambari     Oyin-Zubair     Lanre Aremu     Sabitiyu Grillo     Boko Haram     Kola Ologbondiyan     Kanu Agabi     Surajudeen Akanbi     Oniwasi Agbaye     Babs Iwarere     Oba Of Jebba     Hausa     Binta Abubakar-Mora     Oyedepo     Memunat Monsuma     Ilorin South     Isaac Gbenle     Noah Yusuf     Timothy Olatunde Fadipe     Radio SBS     Raimi Iyanda     Abdulwaheed Musa     Sarah Alade     Pakata Patriots     IsDB     Centre For Community Empowerment And Poverty Eradication     Siraj Oyewale     Busari Alabi Alausa     Kwara United     Harafat E. Mukadam     Facebook     Shehu Salau     Ayedun     Sulyman Atolagbe Alege     Sodiya     Abdulmalik Bashir Mopelola Risikatullahi     Nigerian Supreme Council For Islamic Affairs     NAWOJ     Maryam Ado Bayero     Afolayan     Lafiagi     Akeem Lawal     KFA     Okin Biscuits     Kwara Coalition Of Business And Professional Associations     Modupe Oluwole     Sidikat Alaya     Kwara NIPR     Apaokagi     Jide Ashonibare     Allocation     Tafida Of Ilorin     Ghali Alaaya     Standard Organization Of Nigeria     Samuel Adaramola