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.

College Of Education     Abdullateef Abdussalam     Tope Daramola     COVID-19 Palliatives     Surajudeen Akanbi     Kamaldeen Gambari     Bayo Ajia     Adolescent Girls Initiative For Learning And Empowerment     Tanke     Tafida     EFCC     Kolade Solagberu     Ishola Abdullahi     Igbomina     National Association Of Nigerian Students     Salihu S. Yaru     Fatimah Abdulkadir     Oke-opin     Garba Ayodele Wahab     Rex Olawoye     Idi-Ape     QuickWin     NIPR     Kayode Alabi     Kwara State Health Insurance Agency     Ike Ekweremadu     Christopher Odetunde     Otuka     Dogara     Isiaka Yusuf     Yusuf Babatunde Abdulwahab     Yahaya Dumoye     TESCOM 2025     Kumbi Titiloye     Babaita     Alore     Fatimat Saliu     Yahaya Abdulkareem     Mujtabah Bature     Ishola Balogun Fulani     Makama     Agboola Babatunde     Olumide Daniel Ibitoye     Ezekiel Yissa Benjamin     Zaratu Umar     Balogun Ajikobi     Imam Gambari     Prince Bola Ajibola     National Information Technology Development Agency     Kwara State Television (KWTV)     Erubu     Abubakar Abdulraheem     Omupo     Code Of Conduct Bureau     Bilikisu Oniyangi     Mary Kemi Adeosun     Oyelere Oyinloye     Dapo Teni Nig Enterprise     Economic And Financial Crimes Commission     Ibrahim Kayode Adeyemi     NNPP     Adamu Attah     Adamu Jemilat-Baki     Alabi Olayemi Abdulrazak     Eleja     Salary     Ilesha-Baruba     Razak Atunwa     Senior Staff Union Of Colleges Of Education     PPS     Bureau Of Lands     Pilgrims Board     Abdulmumini AbdulRazaq     College Of Arabic And Islamic Legal Studies     Jimoh Saadudeen Muhammed     Moro     Geri-Alimi Split Diamond Interchange    

Cloud Tag: What's trending

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

Ibrahim Abdulkadir Abikan     Ijagbo     Ilorin West/Asa Federal Constituency     Markaz Arabic And Islamic Training Institute, Agege     Ishaq Abdulkarim     Arinola Fatimoh Lawal     Shaykh Luqman Jimoh     Taofeek Ibraheem     Aisha Buhari     Yakub Ali-Agan     Taiwo Joseph     Bio Ibrahim     Valsolar-Kwara Company Limited     KWASIEC     Pilgrims Board     Abdulrauf Yusuf     Damilola Yusuf Adelodun     Falokun-Oja     Amasa     HICA     Oba Abdulraheem     Tayo Alao     Zulu Gambari     Amuda Aluko     Awodun     Afin Descendants Union Of Odo-Owa     Hussein Olokooba     Oniwasi Agbaye     Abdulkareem Alabi     Bello Taoheed Abubakar     Omotosho     Adeleke Ogungbe     Sunday Otokiti     2017 Budget     Suleiman Abubakar     Katibi Ibraheem Adeola     Abdulkadir Jimoh     John Kehinde Salako     Victor Gbenga Yusuf     Jide Ashonibare     Jumoke F. Ajao     Alaaya     Anilelerin     IQRA College     Yusuf Babatunde Abdulwahab     Baboko Primary School     Babajide Ajayi     Nnazua     AbdulFatai Adeniyi Dan-Kazeem     Abdulazeez Arowona     Ilorin Talaka Parapo     Saka Saadu     Femi Agbaje     Kayode Ishola     Oke Sunna     Musa Ayinla Yeketi     Awwal Jawondo     SUBEB     Segun Ogunsola     Iyiola Oyedepo     Communication Network Support Services     Alloy Chukwuemeka     Razak Atunwa     Ile Arugbo     Olokoba     Okin Group     Saheed Akinwumi     UNILORIN Alumni     Isiaka Danmeromu     Ben Duntoye     Abdulhakeem Adelaja Amao     Henry Olaosebikan     Facebook     Sulaiman Gado     Umar Yakubu Jaja     Timothy Akangbe     New Nigeria People’s Party