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.

Ganmo Electricity Sub-Station     Edret Sabi Abel     Isiaq Khadeejah     Isiaka Alikinla     Ibrahim Abdulqadir Abikan     IQRA College     Okoolowo     Nigeria Customs Service     Bolaji Gambari     Usman Alkali Baba     Salihu Jibril Garbi     LEAH Charity Foundation     Aminat Ahmed     Ilorin Central Mosque     Bisi Oyeleke     Emir Of Shonga     Lafiagi     Ajia-Bako     Babaloja-General     Umar Ahmed Gunu     Tunji Olawuyi     Suraj Tunji Oyewale     Ajasse-Ipo     Oloyede     Rueben Parejo     Gbemisola Oguntimehin     Afonja     Sobi Specialist Hospital     Okin Group     Yusuf AbdulRasheed     Binta Sulyman     Nupe     Yusuf A. Usman     Yusuf Arowosaye     GGDSS Pakata     Umar Ayinla Saro     AbdulGaniyu Kareem     Tafida Of Kaiama     Nnazua     Moremi High School     Muideen Olaniyi Alalade     Baakini     Olusin Of Ijara Isin     Shade Omoniyi     Alagbado     Kolawole Bashirat     Bola Olukoju     Ibrahim Abduquadri Abikan     Kamaldeen Kehinde     Afusat Nike Ibrahim     Isiaka Rafiu Mope     Toyin Saraki     Smart School     Kola Ologbondiyan     Aminu Ado Bayero     Kisra     Binta Abubakar-Mora     Abatemi Usman     Kwara State Governor     Usman Yunusa     Hassan Abdulazeez Elewu     Asa LGEA School     Ilesha Gwanara Road     Tunji Arosanyin     Ubandoma Of Ilorin     Mohammed Ajia Ibrahim     Arandun     Mohammed Khadijat Kubura     Isapa     KWACOBPA     Florence Saraki     Sardauna     Bello Taoheed Abubakar     COVID-19 Palliatives     Farouk Salim     Okiki     Alabi Olayemi Abdulrazak    

Cloud Tag: What's trending

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

PPS     Olabode George Towoju     Muyiwa Oladipo Kanu     Mustapha Akanbi     Marufat Oladosu     IFK     Oba David Oyerinola Adedunmoye     Umar Danladi Shero     Aisha Ahman Pategi     RTEAN     David Oyepinola Adedumoye     John Olajide Adedipe     Yusuf Abubakar     Yusuf Lanre Badmas     Kwara State Health Insurance Agency     Kwha.gov.ng     Umar Gunu     Afolayan     General Tunde Idiagbon International Airport     Babatunde Ajeigbe     AbdulHakeem Ajibola Akanbi     JSSCE     Mohammed Jimoh Faworaja     Sabo-Oke     Olayinka Oladapo Jogunola     Taofik Abiodun Ahmed     SDP     Ilorin Anchor Men And Women     Chikanda     Ishola Balogun Fulani     MAI Akande     Bola Iyabo Ibiyeye Adisa     Olatunji Ibrahim     Joseph Offorjama     Tunji Ajanaku     Funmilayo Isiaka Oniwa     Abubakar Olusola Saraki     Opobiyi     Umaru Saro     Esinniobiwa Quareeb     Bluenile Associates     Shururat Olatinwo     Asa     Sulyman Tejidini     Paul Olawoore     Femtech     Abdulwaheed Musa     Suleiman Abubakar     Hamid Bobboyi     Curfew     Oba Abdulkadir La\'aro     Saka Isau     Chemiroy Nigeria Limited     Okiki     Ajakaye     ITEM 7     Abdulquowiyu Olododo     Modupe Oluwole     Olukotun Of Ikotun     Moji Makanjuola     Ibrahim Gambari     Muhammad Toyin Sanusi     Funke Adedoyin     Ahmed Bolaji Nagode     Okanlawon Taiwo     Belgore     Bareke     Tunji Folami     Amusement Park     Mopelola Abdulmaliq-Bashir     State Bureau Of Internal Revenue     Ahmed Mohammed Rifun     Tescom.kwarastate.gov.ng     Gafaru Olayiwola Olorisade     Akanbi-Oke     Ilorin Emirate     Emmanuel Bello