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.

Atiku Abubakar     Moshood Mustapha     Maryam Ado Bayero     Gafaru Olayiwola Olorisade     Talaka Parapo     Bio Ibrahim     Makama Of Kaiama     Raliat Elelu-Habeeb     Ilesha-Baruba     Razaq Atunwa     Clement Yomi Adeboye     Folorunsho Erubu     Offa Metropolitan Club     Tanke Road     Trader Moni     Yunus Lawal     Ekweremadu     Unilorin     Baba Isale     JSSCE     Manzuma     Gbugbu     Teachers Specific Allowance     AGILE Programme     Hassanat Bello     Isin     Ishola Abdullahi     Abdulmumini Sanni Jawondo     Government Girls’ Day Secondary School Pakata     Isiaka Rafiu Mope     Noah Yusuf     Ilorin     Abdullateef Abdussalam     ER-KANG     National Party Of Nigeria     Garba Ado Sanni     Dan-Kazeem     Share     Opolo Global Innovation Limited     Aisha Ahman Pategi     John Obuh     Omotoso Musa     Oke-opin     Computer Based Test     Isiaka Abdulrazak     Mohammed Ajia Ibrahim     Garment Factory     Ayeyemi Sulaiman     GGDSS Pakata     Ganiyu Taofiq     Obuh     Elese Of Igbaja     Bond     Aliyu Umar     AGM Professional Services     Oni Adebayo     David Oyedepo     Justina Oha     Funmilayo Oniwa     Samuel Adaramola     Bashiru Makama     Ibikunle Ogunleye     Coalition Of Kwara North Groups     Adanla-Irese     Abubakar Olusola Saraki     Yusuf Lanre Badmus     08001000100     Aminat Ahmed     All Confederation Of Principals Of Secondary Schools     National Pilot     Gobir     James Kolo     Hassan Taiye Salam     Fola Consultant     Jimoh Saadudeen Muhammed     Mamatu Abdullahi     Abdulganiyu AbdulAzeez    

Cloud Tag: What's trending

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

Shade Omoniyi     Centre For Peace And Strategic Studies     Ajuloopin     Oyeyemi Olasumbo Florence     Kwara     Segun Abifarin     Riskat Opakunle     Tanke     Funmilayo Braithwaite     Odogun Olushola Gabriel     EndSARS     Abubakar Ndakene     Baba Adini Of Kwara State     Bature Bello     Okin Biscuit     Kayode Yusuf     Bola Sagaya     Peter Obi     Alabi Olayemi Abdulrazak     AGILE Programme     Mohammed Yisa     Ibrahim Orire     Wahab Olasupo Egbewole     Igosun     Toyin Falola     Dan-Kazeem     Gbemi Saraki     Kola Adesina     Ganmo     Abdulfatai Salman Baakini     AbdulRazaq Jiddah     Sarah Jubril     Olanrewju Okanlawon Musa     Idowu Aremu     Salake     Saadu Yusuf     Arandun     IYA YUSUF     NIPR     Abdulfatai Ahmed     Tunji Folami     Abdulkadri Ahmad Alaiye     Oro Grammar School Old Students Association     Al-Hikmah University     Tunji Moronfoye     Jamiu Oyawoye     S.O. Opowoye     Hijab     Pacify Labs     Muhammed Taofeeq Abdulrazaq     Kwha.gov.ng     Ajase-Ipo     Omoniyi Ayinla     Samuel Adedoyin     Sango-UITH Road     Shehu Alimi Foundation For Peace And Development     Yusuf Amuda Abubakar     Taofik Abdulkareem     Ambassador Kayode Laro     Sabi     Saba Jibril     Lanre Jimoh     ANCOPPS     The Herald     Susan Modupe Oluwole     Hamidat Sulyman-Yusuf     Oniwasi Agbaye     Kwara State Television (KWTV)     Kolo     Abdullahi Atanda     Quranic Recitation Competition     Mohammed Ajia Ibrahim     KW-GIS     ER-KANG     Chief Imam Of Offa     University Road     Obayomi Azeez