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.

Kishira     Awwal Jawondo     Sambo Murtala     Kola Ologbondiyan     Oko Erin     Binta Abubakar-Mora     Muyiwa Oladipo Kanu     Ishaq Salman     Aliyu Alhassan     Iponrin     Halimah Perogi     Oke-Oyi     Ilorin Central Mosque     Alfa Modibo Belgore     ANCOPPS     Babaita     Afolabi-Oshatimehin Adenike Harriet     Countryside Emerging Leaders Fellowship     Rafiu Ibrahim     Aliyu Muyideen     Dan-Kazeem     Wahab Femi Agbaje     SSA Youth     Umar Adelodun     Solomon Edojah     Abdulmumini Sanni Jawondo     Peter Amogbonjaye     Razaq Atunwa     Eleja Taiwo Banu     Sadiq Umar     Azeez Salawu     Yahaya Dumoye     Fulani     Lasiele Alabi Yahaya     Basit Olatunji     Kwara 2023     Hassan Taiye Salam     New Nigeria People’s Party     Hamid Bobboyi     Maigida     Read With Me     Cornelius Adebayo     Ministry Of Women Affairs And Social Development     Mashood Abdulrafiu Agboola     Ibikunle Ogunleye     NAWOJ     Akume     Maryam A. Garuba     KSIRS     Daud Adeshola     Ibrahim Mashood     Igbaja     Shehu Adaramaja     Ilorin.Info     CKNG     International Public Sector Accounting Standards     Kazeem Oladepo     Jumoke Gafar     Iyaloja-General     Adanla-Irese     AIT Ilorin     Usman Yunusa     Magaji Erubu     Ayeyemi Sulaiman     Justina Oha     IHS Towers     Ganmo Electricity Sub-Station     Sabitiyu Grillo     Women For Change And Development Initiative     Sheikh Alimi     Abdulwahab Olarewaju Issa     GRA     Lola Ashiru     Kwara Politics     Sadiq Buhari     Femi Agbaje     REO CAKES    

Cloud Tag: What's trending

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

Olusola Saraki     Saadu Alanamu     Dasuki Belgore     Saheed Popoola     Shola Odetundun     Split Diamond Interchange     Ayobami Akanbi     Just Law Forum     Moshood Kashimawo Abiola     Kwara North     Abdulganiyu Salahudeen     TESCOM     Jumoke Monsura Gafar     Abubakar Atiku     Junior Secondary School Certificate Examinations     Ashiru     Moses Salami     Folajimi Aleshinloye     Taofeeq Olateju     Alaaya     Ladi Hassan     Abdulrahman Abdulrazaq     Shonga     CBT     Olaiya Victor Mobolaji     KW-GIS     Maimunat Oloriegbe     Ilesha-Baruba-Gwanara     Forgo Battery     Halidu Danbaba     Balogun Fulani     Isapa     Tsaragi-Share     Nurudeen Muhammed     Mahfouz Adedimeji     Saduki Lafiagi     Danhawa     Saraki     Aremu Bose Deborah     Babaloja-General     Lateef Fagbemi     Abraham Ojo     Ekiti     Oladimeji Thompson     Hamidat Sulyman-Yusuf     Obasanjo     Ministry Of Women Affairs And Social Development     Afonja     Paul Odama     Olosi Of Osi     Ridwan Agboola     Olatunde Jare     Adekunle David Dunmade     Baakini     Ghali Alaaya     Wasiu Odewale     Muhammad Sirajo Aliyu     Gbajabiamila     Chief Imam Of Omu-Aran     Salami Adekunle     Gobirawa     Kwara Politics     Amusement Park     Tunde Mukaila Mustapha     Ramadan     Oba David Oyerinola Adedunmoye     Hassanat Bello     Edret Sabi Abel     Muhammadu Gobir     Hijab     Riskat Opakunle     Vasolar     Old Oyo     Abdulganiyu AbdulAzeez     Alimi     Issa Oloruntogun     Tsaragi/Share