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.

Dunmade     Clement Yomi Adeboye     Adamu Atta     Hassan Taiye Salam     Bilikisu Gambari     Ogbondoroko     Niyi Ogundiran     Sheikh Ridhwanullah El-ilory     James Ayeni     Sidikat Akaje     Leke Ogungbe     Kwara United     March 28     Oke-Oyi     Prince Sunday Fagbemi     Idris Garuba     Omoniyi     Shagari     Mohammed Ibrahim     Post-utme     Ilorin Like-Minds     Egbewole     Olokoba Sulyman     Ramat Oganija     Adesina Simon Sodiya     Afolasade Opeyemi Kemi     Igbaja     Ahmad Ali     Abdulrahman Abdulrazak     Veterinary Teaching Hospital     Shuaib Abdulkadir     Siddiq Adebayo Idowu Salawu     IQRA College     Medview Airlines     Afonja     Oba Abdulrahim     Ademola Kiyesola     Okanlawon Musa     Saidu Isa     Abdullahi Imam Abdullahi     Ibrahim Mashood     Rachael Obisesan     Taibat Ayinke Ahmed     Alabe     Okasanmi Ajayi     Yahaya Muhammad     Kemi Adeosun     Chartered Institute Of Personnel Management Of Nigeria     Bola Magaji     Femi Oladiji     ER-KANG Mining Nigeria Company Limited     Abdulfatah Ahmed     Sabi     Offa Metropolitan Club     Toyin Saraki     Magaji Are     Abdulrazak Shehu Akorede     Simeon Sule Ajibola     Nagode     Metro Park     TESCOM 2025     Oloje     NTA Ilorin     Abdulazeez Uthman     Bello Abubakar     Ahmed Alhasssan     Shuaibu Yaman     Saliu Alamoyo     Folajimi Aleshinloye     Iyabo Dupe Adekeye     Agboola Abdulraheem     Federal College Of Education (Special), Afon     Bayo Lawal     Lateef Ademola Olatunji     Abdulraufu Mustapha     Oluranti Idowu     KwaraLearn    

Cloud Tag: What's trending

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

Alabi Lawal     Hydro-electric Power Producing Areas Development Commission     Kumbi Titiloye     Wakilin Mata Lafiagi     Baba-Isale     Funmi Salau     Idris Amosa Oladipo Saidu     Mufti Of Ilorin     Okin Malt     Okin Biscuit     AIT Ilorin     Ahmed Dankaya     Jide Ashonibare     Bukola Ajikobi     BIR     Oba Abdulkadir La\'aro     Students Union Government     Funmilayo Zubair     Aliyu Muhammed     Tunde Yusuf     Societe Generale Bank Of Nigeria     Toyin Falola     Victor Gbenga Yusuf     Baba Issa Awoye     Esuwoye     Budo-Egba     Ita-Ore     Olatunji Moronfoye     Yakub Ali-Agan     Saka Asiat Ayinke     Tricycle Owners Association Of Nigeria     Ajidagba     Raymond Olaitan     Code Of Conduct Bureau     Okanlawon Musa     Micheal Imoudu     Abdullahi AbdulMajeed     Umaru Saro     Alfa Belgore     Kwara State Governor     Yahaya Oloriegbe     Gabriel Fashanu     Awoye     Rafiu Ibrahim     Bareke     Kwara State Council Of Chiefs     Abdulganiyu AbdulAzeez     Mazars Consulting     General Hospital     Hameed Oladipupo Ali     Khairat Gwadabe     Aisha Ahman Pategi     IsDB     Oniye     Bello John Olanrewaju     Razaq Atunwa     LEAH Charity Foundation     Eghe Igbinehin     Read With Me     Lucky Omoluwa     Gamji Members Association     James Kolo     AbdulRasaq Abdulmajeed Alaro     Ifelodun     Nigeria Foundation For Artificial Intelligence     Saka Onimago     Jani Ibrahim     Mohammed Tunde-Jimoh     Musibau Akanji     Dumagi     Goodluck Jonathan     Oasis Muslim Care Foundation     Elelu     Ibrahim Gambari     Kwara United     Yeketi     Abdullahi Dasilva Yussuf