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.

TESCOM     Elections     SARS     Arinola Fatimoh Lawal     Benin Republic     Abdullahi Atanda     Fareedah Dankaka     Tunji Oyawoye     Lai Mohammed     Oniye     Firdaos Amasa     Abdulsalam Firdaous Amosa     Idris Amosa Oladipo Saidu     Shaaba Lafiagi     New Nigeria People’s Party     Abdullah Janet Amudat     Post-utme     Bola Ahmed Tinubu     Owo Arugbo     Joana Nnazua Kolo     Yomi Ogunsola     Woro     Elerin Of Adanla     Lanre Jimoh     Gbenga Adebayo     March 18     Umar Ayinla Saro     Abdulmumini Jawondo     Rotimi Samuel Olujide     Al-Adaby     Yusuf Ali     Gwanara     Sheriff Shagaya     Abubakar Olusola Saraki     Moses Afolayan     Jelili Yusuf     Lanre Badmus     Theophilus Oyebiyi     Jebba     Khadijat Ayoola Yusuf     Sarah Jubril     Yekeen Alabi     Shururat Olatinwo     Iyeru Grammar School     Yusuf AbdulRasheed     Atiku     Oja-Oba     JMK Construction Company Limited     Ilorin.Info     Share/Tsaragi     Belgore     Alabe     Bolaji Nagode     Convocation Ceremonies     Yusuf Amuda Abubakar     Omotosho     Nupe     Hajj     Tuesday Assayomo     David Oyerinola Adedunmoye     COVID     Folashade Omoniyi     Ahmad Olanrewaju Belgore     Bola Shagaya     Bashirat Bola Bello     Lanre Issa Onilu     Raliat Islamic Foundation     Sebastine Obasi     AbdulRauf Keji     Taofeek Sanusi     CKNG     Academic Staff Union Of Universities     Kwara State Council Of Chiefs     Moro     Dasuki Belgore     Muhammad Ghali Alaaya     S.O. Opowoye    

Cloud Tag: What's trending

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

AGILE Programme     Ajakaye     General Hospital     Elections     Jumoke Gafar     Sai Kayi     Gbenga Olawepo     David Oyedepo     Bamikole Omishore     Ayodele Kuburat Olaosebikan     Oluronke Adeyemi     Kwara State Council Of Chiefs     Adijat Adebiyi     Kwara Muslim Pilgrims Welfare Board     Mopelola Abdulmaliq-Bashir     Raji Ayodele Kamaldeen     Mohammed Ibrahim     Micheal Imoudu     Abdullahi Adisa Akodudu     Nigeria Computer Society     Crystal Corner Shops     Valsolar Consortium     TIIDELab     KSIRS     Olabimpe Olani     Yakubu Gobir     Sadiq Buhari     Abubakar Usman Jos     Saka Keji     Kannike     Muslim Stakeholders Of Kwara State     Aliyu U. Tilde     AGF Abdulrazaq     Abdulganiy Abimbola Abdussalam     IQRA College     Kwara Politics     Nagode     Yaman     Balogun-Ojomu     Dorcas Afeniforo     NAWOJ     College Of Arabic And Islamic Legal Studies     Abdulahi Abubakar Bata     Oladimeji Thompson     Ajikobi     Omotoso     Ishaq Oloyede     Moses Rahman Popoola     Amoyo     Oyawoye     Igbomina     Emmanuel Bello     Sheu Ndanusa Usman     Mashood Abdulrafiu Agboola     Binta Sulyman     March 28     International Vocational Centre     Abdullah Janet Amudat     Yahaya Jibril Usman     Harrison Osauwagboe     Isiaka Alikinla     Bilikisu Oniyangi     Ilorin South Constituency     Quran     Elelu     Muhammad Sirajo Aliyu     Kazeem Adekanye     Bureau Of Lands     Abdullahi G. Mohammad     Mohammed Khadijat Kubura     Yakubu Mohammed Abdullahi     Raliat Islamic Foundation     Fareedah Dankaka     Maryam Nurudeen     Kehinde Baale     Ahmad Uthman     Bature Bello