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.

Eleja Taiwo Banu     Siraj Oyewale     Fatai Olodo     Hauwa Nuru     Law School Scholarship     Ilesha-Gwanara     Titus Suberu-Ajibola     Monsurat Omotosho     Congress For National Consensus     ASUU     Mope Dasuki Belgore     Col. Ibrahim Taiwo     Millennium Development Goals     Press Release     Sayomi     Third Estate     Sulaiman Gado     Abdulhakeem Amao     Shehu Alimi Foundation For Peace And Development     Lafiagi     Women For Change And Development Initiative     Dar-Al-Handasah Consultants     Muftau Akanbi Oke     Chief Imam Of Lafiagi     Pakata Patriots     Ayo Adeyemi     Hausa     Sun Qing Rong     Rachael Obisesan     Habeeb Abdullahi Al-Ilory     Oba Mogaji Abdulkadir     Yusuf Aiyedun     Elese Of Igbaja     Sidikat Alaya     IDPU     Kwara Metro Park     IFK     Isapa     Lanre Aremu     AGF Abdulrazaq     Shehu Jimoh     Oko     Mustapha Akanbi     Kubra Kazum     Olufolake Abdulrazaq     Ayodele Kuburat Olaosebikan     John Olobayo     Col. Taiwo     KWASEIC     Mubarak Oladosu     Taofik Mustapha     Saidu Kawu     Kwara Basketball Association     NURTW     Toun Okewale-Sonaiya     Temitope Ogunbanke     Ethical College     Lanre Badmas     Forgo Battery Company Limited     Ella Supreme Tissue Paper     ER-KANG Mining Nigeria Company Limited     Kayode Ogunlowo     Abdulrazaq Solihudeen     Bature Bello     S.O. Opowoye     Rotimi Oyedepo     Lai Mohammed     Yetunde Balogun     Abraysports FC     Kola Bukoye     Yakub Lai Gobir     Special Agro-Industrial Hub     Veterinary Teaching Hospital     Folajimi Aleshinloye     Asa     Adeleke Ogungbe     Oba Abdulkadir La\'aro    

Cloud Tag: What's trending

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

Kayode Oyin Zubair     Oke-Ogun     IHS     Olayinka Are     Abdulrasheed Akogun     Hakeem Lawal     Ariyo     Abdulkadir Bolakale Sakariyah     Tosin Saraki     Abdulmumini Sanni Jawondo     Oluwatoyin Lukman     Olabode Towoju     Musibau Akanji     Funke Adedoyin     Yusuf Amuda Aluko     Yusuf Abdulwahab     Yahaya Seriki     Balogun Ajikobi     Abdulwasiu Bolaji Adeyi     Ibrahim Gambari     Council Of The Wise     Ethical College     Kpotum Mohammed Baba     Umaru Saro     Kwarareports.com     Musa Aibinu     Mahe Abdulkadir     Timothy Akangbe     ASKOMP     Baba Isale     Emmanuel Bello     Amule     Titus Ashaolu     High Court     Oba Abu     Nigerian Correctional Service     Rafiu Ajakaye     Isaac Aderemi Kolawole     Saad Belgore     Mohammed Kamaludeen     Quareeb Islamic Association     Baba Idris     Olajumoke Monsura Gafar     COEASU     Col. Ibrahim Taiwo     Dorcas Afeniforo     Ahmed Ayinla Jimoh     Maryam A. Garuba     Sardauna     Tunde Idiagbon Road     YAKOOYO     Yusuf Amuda Abubakar     Sabi     Woro     Olaiya Victor Mobolaji     Afolasade Opeyemi Kemi     Sulyman Atolagbe Alege     Afolabi-Oshatimehin Adenike Harriet     Olawuyi     Ibrahim Labaika     Bayo Onimago     A.G.F Abdulrasaq     Muyiwa Oladipo Kanu     Isiaka AbdulRazaq     Onilu     Isiaka Abdulrazak     NIPOGA     Salaudeen Oyewale     Funmilayo Oniwa     Kazeem Gbolagade     Tafidan Kaiama     Muideen Olaniyi Alalade     Saka Onimago     AbdulRasaq Abdulmajeed Alaro     Lafia Aliyu Korasabi     Kwara State Printing And Publishing Corporation     Adebayo Salami