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.

Wahab Femi Agbaje     Lithium     Henry Olaosebikan     A.E. Afolabi     Garuba Alikinla Shittu     Florence Saraki     Sola Saraki University     JMK Construction Company Limited     Saka Keji     Isiaka Oniwa     Bola Iyabo Ibiyeye Adisa     Jebba     Sabitiyu Grillo     Ahmad Ali     Raliat AbdulRazaq     Durbar     SSA Youth     Alfa Modibbo Belgore     AbdulHakeem Ajibola Akanbi     Rotimi Samuel Olujide     Olokoba Abdullahi Ayinla     Chief Imam Of Omu-Aran     Ilota     Abdullateef Abdussalam     Lasiele Alabi Yahaya     Memunat Monsuma     Ilesha Gwanara Road     Vasolar Consultoria     Muhammad Ghali Alaaya     Okanlawon Musa     Ilorin West     Aliyu U. Tilde     Ridhwanullah Al-Ilory     Iqra Books     Raliat Elelu-Habeeb     Mike Omotosho     Wahab Kunle Shittu     Onilorin     Tunji Oyawoye     Centre For Peace And Strategic Studies     Olumide Daniel Ibitoye     Maigida Soludero Transit     NYSC     James Kolo     Federal Polytechnic Offa     Innocent Okoye     Okanlawon Taiwo     Radio Kwara     Oyelere Oyinloye     Umar Ahmed Gunu     Saad Belgore     Jumoke F. Ajao     Ndama Al-hassan     Offa Metropolitan Club     Woro     Sun Qing Rong     Adedeji Onimago     Ramadhan     Abdulrahman Abdullahi Kayode     Muyiwa Oladipo Kanu     Sola Saraki Educational Foundation     Ekweremadu     Bilikis Oladimeji     AGM Professional Services     Kwara Pdp     Dorcas Afeniforo     Oyun     CBT     Kwara State Health Insurance Agency     Kola Olota     Taofeek Ibraheem     Ajasse-Ipo     ASKOMP     Code Of Conduct Bureau     United Nigeria Congress Party     School Of Nursing     Isiaka AbdulRazaq    

Cloud Tag: What's trending

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

Centre For Community Empowerment And Poverty Eradication     Salman Suleiman     Eruku     Oba Abdulraheem     Amuda Musbau     Kale Ayo     Overland     Standard Organization Of Nigeria     Yusuf Mubarak     Awoye     Benin Republic     Aminat Omodara     Kayode Yusuf     Suleiman Rotimi Iliasu     Ibrahim Orire     Olukotun Of Ikotun     Saheed Akinwumi     ASUU     Iqra Books     Nigerian Army     Islamiya Abdulraheem     Abubakar Baba     Mahe Abdulkadir     Riskat Opakunle     Muhammed Taofeeq Abdulrazaq     Kwarareports.com     Alliance For Democracy     Rotimi Oyedepo     Owode Market     Idowu Aremu     Simeon Ajibola     Salami Adekunle     Code Of Conduct Bureau     Idi-Ape     Sulu Babaita Isiaka     IDPU     Mahmud Ajeigbe     Solomon Edojah     Idris Amosa Saidu     Shagari     Sambo Murtala     Yusuf Badmus     Undergraduate Bursary     Na\'Allah     Raliat Islamic Foundation     Iponrin     Flights To Ilorin     Suleiman Mora Omar     Ibrahim Mashood     Jumoke Gafar     VADA     Peculiar Allowance     Kwara State Council Of Chiefs     SARS     Abdulfatai Salman Baakini     Yahya Mohammed     Oke-Oyi     Abdulazeez Uthman     Sheikh Ridhwanullah El-ilory     Maryam Nurudeen     Fareedah Dankaka     Federal Allocation     Ope Saraki     ARMTI     Shehu Jimoh     Segun Adeniyi     Taofik Mustapha     Sidikat Uthman Ajibola     Hassan Taiye Salam     Yusuf Abdulkadir     Kola Olota     Suleiman Ajadi     Femi Oladiji     Stephen Fasakin     Abdulquawiy Olododo     Adedayo Yusuf Abdulkareem     Yusuf Abdulraheem