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.

Bola Sagaya     Sobi Hill     Bola Shagaya     Damilola Yusuf Adelodun     Moji Makanjuola     Quarry Royal Valley     Muhammad Ghali Alaaya     Abdulrahman Abdulrasaq     Mansur Alfanla     Baruten     Forgo Battery Company Limited     Okin Group     Ezekiel Yissa Benjamin     Kwara United     Baba Issa     Bolakale Kawu Agaka     KWASIEC     Kaiama     Aasiyat Bello Oyedepo     Oyawoye     Fatimat Saliu     Saliu Ajia     Owo Isowo     Centre For Community Empowerment And Poverty Eradication     Raymond Olaitan     Suleiman Rotimi Iliasu     Abdullahi Adisa Akodudu     Ladi Hassan     Sunset Workers     Afolasade Opeyemi Kemi     Sabitiyu Grillo     Kwara 2019     Saad Omo\'ya     Yusuf Lanre Badmas     Micheal Imodu-Ganmo Road     Okanlawon Musa     Lai Mohammed     Ojuekun     Kayode Ishola     Shehu Alimi Foundation For Peace And Development     Kayode Laro     Irepodun     Sheikh Ariyibi     GGDSS Pakata     Esuwoye     Federal Polytechnic Offa     Ijagbo Health Centre     Aliyu Umar     Saba Mamman Daniel     Olatunji Ayeni     Allocation     Babajide Ajayi     Ilorin Amusement Park     Hassanat Bello     Transition Implementation Committee     Yahya Mohammed     Shehu Alimi Foundation     Monthly Sanitation Exercise     Bello Bature     Wahab Abayawo     Muhammed Aliyu     Kayode Ogunlowo     All Confederation Of Principals Of Secondary Schools     Halimat Yusuf     Yoruba     Saad Omo Iya     Kwara State Football Association     Salary     RTEAN     Monkey Pox     Imodoye Writer’s Enclave     Iyabo Adisa Ibiyeye     Offa Descendants Union     Shero     Lola Ashiru     T And K FOODS     Vasolar Consultoria    

Cloud Tag: What's trending

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

Kehinde Boyede     Abdul-Rahoof Bello     Lanre Badmus     Adamu Jemilat-Baki     Igbomina     Haruna Tambiri Mohammed     Salman Alada     Kwara State Geographic Information Service     Mansur Alfanla     AbdulQowiy Olododo     Wahab Agbaje     Mahmud Babatunde Baker     Abdulfatai Ahmed     Temitope Ogunbanke     Societe Generale Bank Of Nigeria     Yomi Adeboye     Gobirawa     Idris Garuba     UNILORIN Alumni     Fareedah Dankaka     Sam Okaula     Opolo Global Innovation Limited     Shettima     Lithium     Suleiman Idris     Najim Yaasin     Folorunsho Erubu     Rafiu Ajakaye     Geri-Alimi Split Diamond Interchange     Raimi Iyanda     Coalition Of Kwara North Groups     Facebook     High Court     Bolakale Kawu     Isapa     Apado     Emir Of Ilorin     Abdulrasheed Lafia     Ilorin Talaka Parapo (ITP)     Madawaki     Lotus Bank     Local Government     BECE     TVC Female National Debate     Mukhtar Shagaya     Kemi Adeosun     UNIFEMGA     Isiaka Rafiu Mope     Muhammed Taofeeq Abdulrazaq     Mahfouz Adedimeji     CCT     Yaman     Olatunji Ibrahim     Ajike People Support Centre     Gambari     Suleiman Yahya Alapansapa     Idiagbon     Ajase-Ipo     Ekiti     Danladi     Saka Aleshinloye     Nigerian Correctional Service     Owo Arugbo     Photo News     Apata Ajele Secondary School     Alumni Association Of The Federal Polytechnic Offa     National Association Of Nigerian Students     Folaranmi Aro     Ayekale     Gurei     Ahmad Lawan     Musa Aibinu     Bolakale Saka     Oluwatoyin Lukman     Eruku     Sambo Murtala     AGILE Programme