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.

Surajudeen Akanbi     Bola Tinubu     Trader Moni     Elerin Of Erin-Ile     Lawal Arinola Kudirat     IHS     Olayinka Oladapo Jogunola     Ope Saraki     Kwara Pdp     Alabi Olayemi Abdulrazak     Kamaldeen Kehinde     Abdullahi Samari     Iyeru Grammar School     Muhammad Mustapha Suleiman     Noah Yusuf     Mujtabah Bature     Sarafadeen Kayode Akorede     Logun     Hamidat Sulyman-Yusuf     Congress For National Consensus     AbdulKareem Yusuf Danhawa     Olatunde Oyeyiola     Olofa Of Offa     KWACOBPA     Peter Obi     Gbugbu     Joseph Bamigboye     Onilorin Of Ilorin     Isiaka Saka Opobiyi     Salihu Ajibola Ajia     Peculiar Allowance     Face Masks     Kunle Akogun     Zaratu Umar     Abdulraheem Olesin     Sulu Gambari     Olugbense     Muritala Olarewaju     LAK Jimoh     Computer Based Test     Abdulmumini Jawondo     Dumagi     Ganmo Power Sub-Station     Sunday Fagbemi     Tinubu Legacy Forum     Dele Belgore     Adijat Adebiyi     Bareke     Leke Ogungbe     Alapado     Usman Alkali Baba     New Naira Notes     2017 Budget     Isaac Gbenle     Mansurat Amuda-Kannike     Abubakar Atiku     Jimoh Olusola Imam     Saheed Akinwumi     Kwha.gov.ng     Joseph Yemi Ajayi     Quareeb     Yahaya Oloriegbe     CACOVID Palliatives     Bayo Lawal     Smart School     Sherif Sagaya     Yahaya A Paniyaro     Sobi Hill     NFAI     Ridhwanullah Al-Ilory     Kazeem Adekanye     Joseph Alex Offorjama     Local Government     Gambari     Iyabo Adewuyi     Ohoro Of Shao     Kwara State Council Of Chiefs    

Cloud Tag: What's trending

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

SSA Youth Engagement     Computer Based Test     Taofeeq Olateju     Lasiele Alabi Yahaya     Baba Issa Awoye     M.Y. Abdulrahaman     Harmony Holdings     Pacify Labs     Adedeji Onimago     Ahmad Fatima Bisola     Cassava Growers\' Association     Abdulrasheed Na\'Allah     Quareeb     Muhammad Akande Olarewaju Odunade     Esuwoye     Olokoba Abdullahi Ayinla     Monthly Sanitation Exercise     Igosun     Malete     Abdulrauf Aliyu     Tayo Awodiji     Adamu B. Yaqubu     Freshvine Nigeria Limited     Yahaya Oloriegbe     Bello John Olanrewaju     Rafiu Ajakaye     AbdulRaheem Ahmad Shayi     Agor     Jeunkunu-Malete-Bani     Shehu Raheem Adaramaja     Apaola     Abdul-Rahoof Bello     Onilu     Shaaba Lafiagi     Muhammed Danjuma     Mohammed Alabi Lawal     Sa\'adu Gambari     Neuropsychiatric Hospital     Bola Tinubu     Emir Of Kano     Ilorin Airport     Kwara Liberation Group     Isiaka Rafiu Mope     Abdulganiyu Salahudeen     A.E. Afolabi     Hydro-electric Power Producing Areas Development Commission     Rabiu Kwankwaso     Mohammed Ghali Alaaya     Rafiu Olasile     Government House     Saka Saadu     Arinola Fatimoh Lawal     Innocent Okoye     Abdullahi Imam Abdullahi     Ibrahim Taiwo Road     Saka Asiat Ayinke     IsDB     Haliru Yahaya     Laboratory-to-Product     Bola Magaji     Funmilayo Braithwaite     Abdulrahman Abdulrasaq     Nagode     Nigerian Medical Association     Yomi Ogunsola     Umar Ayinla Saro     Muhammed Akanbi     Abdulsalam Firdaous Amosa     Trader Moni     Code Of Conduct Bureau     Durbar     Razaq Atunwa     Muslim Media Watch Group Of Nigeria     KWATMA     Abdulraheem Yusuf     Isiaka Alikinla     Amuda Aluko