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.

Dele Belgore     Sa\'ad Alanamu     Ministry Of Women Affairs And Social Development     Adebayo Salami     Leke Ogungbe     Fulani     Ajibike Katibi     Abdullahi AbdulMajeed     Idiagbon     Sulyman Tejidini     Jimoh Saadudeen Muhammed     Amusa Bello     Oladipo Akanmu Tolani     Suleiman Ajadi     IPSAS     Salihu S. Yaru     CACOVID     Suleiman Rotimi Iliasu     Abdulfatai Baakini     Sarah Jubril     Wahab Agbaje     Salihu Yahaya     Kwha.gov.ng     Abdulrazaq Sanni     Babatunde Ishola Babaita     Sulyman Atolagbe Alege     Alimi     Taofeeq Olateju     Tunji Oyawoye     Hussein Oloyede     Budo-Egba     Ilorin Metro Park     Ganiyu Abolarin     Salman Alada     Olota Of Odo-Owa     Binta Sulyman     Yusuf Babatunde Abdulwahab     VADA     Kaiama     Kwarareports.com     Zaratu Umar     Khairat Gwadabe     Pacify Labs     Aremu Odolaye     Maja     Ejidongari     Chief Imam Of Offa     Rafiu Ajakaye     Ohoro Of Shao     Abdulkadir Remi Hawawu     Ajasse-Ipo     Col. Adedipe     Sola Saraki University     Maimunat Oloriegbe     Abdulmumin Yinka Ajia     Abdulrazaq Solihudeen     Kola Bukoye     Medview Airlines     Mutawalle     Iyabo Dupe Adekeye     Sa\'adu Gambari     Barakat Community Secondary School     Solomon Edoja     Christopher Tunji Ayeni     Oniyangi Kunle Sulaiman     Abubakar Bature Sulu-Gambari     Rihanat Ajia     Yusuf A. Usman     Mohammed Khadijat Kubura     Ibrahim Kayode Adeyemi     Bamidele Adegoke     Hausa     Ayodele Shittu     Saka Aleshinloye     College Of Education     Press Release     Paul Odama    

Cloud Tag: What's trending

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

Nigeria Foundation For Artificial Intelligence     Ashiru     Kola Bukoye     Gurei     Ishola Moses Abiodun     KW-GIS     Dele Belgore     Oniwasi Agbaye     Musa Yeketi     Bibire Ajape     Hijaab     Aasiyat Bello Oyedepo     Sheikh Ridhwanullah     Isin     Olugbense     Transition Implementation Committee     Durosinlohun Kawu     Omu Aran     Face Masks     Matthew Okedare     Ibrahim Agboola Gambari     Shao     Emir Of Ilorin     Ilorin Emirate Staff Association     Osuwa     Elesie Of Esie     Ajibike Katibi     Tuesday Assayomo     Colleges Of Education Academic Staff Union     Ojo Fadumila     Nigeria Customs Service     Rice Farmers Association Of Nigeria     Association Of Kwara State Online Media Practitioners     Ishaq Abdulkarim     Frootify     Quareeb Islamic Association     Olatunde Michaels     Hamidu Olowo     Yusuf Lawal     Kumbi Titilope     Special Agro-Industrial Hub     Adolescent Girls Initiative For Learning And Empowerment     Akande Idowu Ayoola Muhammed     Talaka Parapo     Abdulquawiy Olododo     Ile Arugbo     Iyaloja-General     Ayinde Oki     Olatomiwa Williams     Abubakar Baba     Idiagbon     Sam Onile     Adedipe     Elections     Susan Modupe Oluwole     AbdulGafar Tosho     Smart School     Olam Food Ingredients     Senior Staff Union Of Colleges Of Education     Alaaya     Saliu Oluwole     Afeyin-Olukuta     Isiaka Danmeromu     Bola Olukoju     GGDSS Pakata     Tsaragi/Share     Bashir Adigun     Shururat Olatinwo     Lithium Deposit     Kwara State Internal Revenue Service     Yusuf Babatunde Abdulwahab     Alabe     Oba Mogaji Abdulkadir     Abiodun Oyedepo     Abdulfatai Salman Baakini     Yemi Osinbajo     Ilorin International Airport