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.

Special Adviser On Digital Innovation     Agor Market     Saeedat Aliyu     Alfa Belgore     Ashiru     Hamza Usman     Muhammadu Gobir     Grillo     Mutawali Of Ilorin     11th Galadima     David Oyepinola Adedumoye     Elewu     Joseph Offorjama     Toun Okewale-Sonaiya     Amuda Musbau     Alabi Lawal     Lotus Bank     AbdulRazaq AbduMajeed Alaro     Adamu Attah     Radio Kwara     Umar Danladi Shero     Binta Sulyman     Wale Oladepo     Asa     Aminu Adisa Logun     Sunday Popo-Ola     Ambassador Kayode Laro     Unilorin     Lawal Jimoh     Coalition Of Kwara North Groups     Rafiu Ibrahim     Seun Bolaji     CT Ayeni     Doyin Awoyale     Basic Education Certificate Examination     Garuba Alikinla Shittu     Read With Me     Alumni Association Of The Federal Polytechnic Offa     Na\'Allah     COEASU     Bayer Nigeria Limited     Kwara State Printing And Publishing Corporation     Sarkin Malamai     Sola Saraki University     Tsaragi     Lanre Jimoh     Aisha Ahman Pategi     Kwara 2023     Baruba     Lanre Badmas     Muhammad-Mustapha Suleiman     Offa     Aso Ofi     Guber Aspirant     Hassanat Bello     Fawenu     Maja     Olufolake Abdulrazaq     Abdulrahman Abdulrazak     Mustapha AbdulGaniyu     Bilikis Oladimeji     Dan Masanin     CACOVID Palliatives     Just Law Forum     Ilesha Gwanara Road     Musa Aibinu     Suleiman Rotimi Iliasu     Olabode Towoju     Ajibike Katibi     Abegunde Goke     Kanu Agabi     Michael Imoudu National Institute For Labour Studies     Bolaji Abdullahi     Ilorin Like-Minds     Ubandoma     Yusuf Lawal     Moronfoye    

Cloud Tag: What's trending

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

Ilota     Igbaja     Sunday Otokiti     Saudat Abdulbaqi     The Herald     Oba Abdulraheem     Musa Alhassan Buge     Kwara Polytechnic     Baboko Primary School     MMWG     Bayo Ojo     Muritala Olarewaju     Sunset Workers     Alagbado     Seni Saraki     Ayodele Kuburat Olaosebikan     Talaka Parapo     Waziri Yakubu Gobir     Ayobami Akanbi     John Dara     Hikmah AbdulKareem     Sheikh Hamzat Yusuf Ariyibi     Magaji Erubu     Risikat Lawal     Salihu Ajia     Facemasks     Galland Marcias     Babaita     Dar-Al-Handasah Consultants Ltd     Saheed Akinwumi     Rapheal Ashaolu     Yusuf Olaolu Ali     Prince Bola Ajibola     Sola Saraki University     Minister     Kazeem Oladepo     Local Government Pension Board     Agor     Adam Abdullahi Al-Ilory     Eleyele     Bola Shagaya     Aishat Mohammed Lawal     Ahmed \'Lateef     TESCOM     Hameed Oladipupo Ali     Kassim Babamale     Taofik Mustapha     Garba Idris Ajia     Yusuf Ali     Special Agro-Industrial Hub     John Mayokun Dada     Ado Ibrahim     Folorunsho Erubu     Titus Suberu-Ajibola     Oloruntoyosi Thomas     Muideen Olaniyi Alalade     Joseph Yemi Ajayi     Baba Isale     Ibrahim Agboola Gambari     Share-Tsaragi     Amina El-Imam     Yakubu Shaaba     Ojo Isekuse     FOMWAN     Simeon Ajibola     Mary Arinde     Prince Mahe Abdulkadir     Abdulrahman Abdulrazaq     Peter Amogbonjaye     Vishvas KOZ Tractors     Folaranmi Aro     Kulende     Fatimoh Lawal     Aiyedun     Sobi Specialist Hospital     John Obuh     Abubakar Kawu Baraje