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.

George Funsho Adebayo     Oba Sulaiman Asude     Folajimi Aleshinloye     Www.Kwarareports.com     Ishak Mohammed Sabi     Ayo Adeyemi     Taofik Mustapha     Mohammed Katsina Ahmed     Kwara State Health Insurance Agency     Bello Oyebanji     Balogin Alanamu     Makama Of Kaiama     John Olajide Adedipe     Akume     Buari Edun     Aasiyat Bello Oyedepo     Ophthalmological Society Of Nigeria     Bayo Lawal     Surajudeen Akanbi     Yahya Mohammed     Tayo Alao     Nigeria Foundation For Artificial Intelligence     Salihu Yahaya     Mumeen Lah     Akeem Olatunji     Ahmad Ali     Omar Bolaji Gambari     Gafaru Olayiwola Olorisade     Kwara Metro Park     Jawondo     Rasheed Jimoh     Hijaab     FOMWAN     Abdulrosheed Okiki     Lanre Issa-Onilu     Adamu Atta     Abdulkadir Bolakale Sakariyah     Kazeem Adekanye     Garba Ado Sanni     Playing Host     Dumagi     SDP     Dan Iya Of Ilorin     Olaosebikan     NIPOGA     Abdulrazaq Sanni     Maimunat Oniyangi     Hassan Taiye Salam     Quareeb Islamic Association     Standard Organization Of Nigeria     Offa Poly     Sanusi Abubakar     Durbar Festival     Umar Ahmed Gunu     CT Ayeni     Tunde Idiagbon Road     Ahmad Fatima Bisola     Abdulrazak Shehu Akorede     Kola Shittu     Aliyu Kora-Sabi     Sobi     Afin Descendants Union Of Odo-Owa     Kaosarah Adeyi     Wahab Agbaje     Ibraheem Adeola Katibi     Akeem Lawal     Muslim Media Watch Group Of Nigeria     Abikan     Labour Party     National Broadcasting Commission     Galland Marcias     Obayomi Azeez     United Nigeria Congress Party     Yetunde Balogun     Saraki     Kwara State Fire Service     Kwara State Fish Farmers Association    

Cloud Tag: What's trending

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

Kwara North     Lasiele Alabi Yahaya     Agboola Babatunde     Salau Kabiru Abdullahi     Umar Ahmed Gunu     Ilorin Descendants Progressive Union     Ilorin South     Maigida Soludero Transit     Muslim Stakeholders Of Kwara State     Jawondo     Ibrahim Taiwo     Mohammed Ajia Ibrahim     Oro Grammar School Old Students Association     Folashade Omoniyi     Kayode Laro     David Adesina     Abdulazeez Uthman     Bola Tinubu     Shade Omoniyi     Kehinde Baale     Sabitiyu Grillo     Ashiru     Yusuf AbdulRasheed     Majlis For Sadakah, Zakat And Waqf     Gbenga Adebayo     Ilorin Curfew     CBT     Federal College Of Education (Special), Afon     Oluwatoyin Lukman     Alimi Abdulrazaq     Abdulrosheed Okiki     Muritala Olarewaju     Funmilayo Braithwaite     Bank Of Industry     Owo Isowo     Eghe Igbinehi     State Bureau Of Internal Revenue     Afolasade Opeyemi Kemi     Ojo Isekuse     Kolade Solagberu     Raheem Adaramaja     Kwara Muslim Pilgrims Welfare Board     Abdulrazaq Sanni     Tunji Moronfoye     Mumini Ishola Hanafi     Peter Amogbonjaye     Gbemi Saraki     Olatunji Ibrahim     Opolo Global Innovation Limited     Rex Olawoye     Irepodun     Mamman Saba Jibril     Baakini     Third Estate     Dapo Teni Nig Enterprise     Mamatu Abdullahi     Arandun     Ahmed Idris Mohammed     Sa\'adu Gambari     Isiaka Abdulrazak     Garba Ayodele Wahab     AbdulKareem Yusuf Danhawa     Patigi Regatta     Abdulwahab Olarewaju Issa     Ilorin Emirate Staff Association     Adama Isa     Tosho Yaqub     Ebun-Olu Adegboruwa     Sai Kayi     Kulende     Busari Alabi Alausa     Dagbalodo     Sulyman Abdulkareem     Abdulganiyu Oladosu     Okin Malt     AGF Abdulrazaq     Muftau Akanbi Oke