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.

Yekini Adio     John Kehinde Salako     Lawal Jimoh     Volunteers Of Ilorin Community And The Emirate     Ekiti     John Olajide Adedipe     Tanke Flyover Bridge     Edu     Abdulkadir Jimoh     Yahaya Seriki     Fatima Abolore Jimoh     Ayodele Olaosebikan     Kayode Ibrahim     Yusuf Abdulraheem     Yahaya Muhammad     Olayinka Are     Ileloke     Jeunkunu-Malete-Bani     Sherif Shagaya     Yusuf Amuda Abubakar     Abdulwahab Oba     Ibrahim Labaika     NITDA     Laduba     Abdulmalik Bashir Mopelola Risikatullahi     Kwara Coalition Of Business And Professional Associations     Abdulwahab Ololele     SUBEB     Ahmad Olanrewaju Belgore     Segun Adeniyi     Bankole Omisore     Federal Polytechnic Offa     Segun Olawoyin     Yemi Sanni     Amos Justus Sayo     Gbenga Awoyale     Tanke Road     Taiwo Joseph     Ilorin Emirate Staff Association     Ayo Salami     Ajakaye     Mumeen Lah     Arinola Lawal     Abdulwasiu Bolaji Adeyi     Bola Tinubu     Umar Danladi Shero     Ilorin Curfew     Bashir Adigun     Odogun Olushola Gabriel     Omoniyi M. Ayinla     Rebecca Bake     Chief Imam Of Omu-Aran     Ayekale     Kwara State Health Insurance Agency     Taofik Abdulkareem Babaita     Ajidagba     Lawyers Unite Against Corruption     Saidu Yaro Musa     Ayo Adeyemi     Forgo Battery Company Limited     Shehu Salau     Lafiagi     Isiaka AbdulRazaq     QuickWin     Lola Ashiru     Saadu Gbogbo Iwe     National Union Of Road Transport Workers     Laolu Saraki     Christopher Ayeni     Olatinwo     Towobola Abdulrahman Toyin     Durbar Festival     Akanji     Umaru Saro     George Innih     Ilorin Central Mosque     Kwara Liberation Group    

Cloud Tag: What's trending

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

Igbaja     Olokoba Abdullahi Ayinla     Bayo Ojo     Mashood Dauda     Akande Idowu Ayoola Muhammed     Bureau Of Lands     Centre For Digital Economy     Okiki     Sam Okaula     Alikinla     Adesoye     Baba Idris     Senior Staff Union Of Colleges Of Education     Kwara State Internal Revenue Service     Sa\'adu Salau     Susan Modupe Oluwole     Sa\'adatu Modibbo-Kawu     Kwara Pdp     Solomon Edojah     Share/Tsaragi     Arca Santa     Roseline Oni Aremu     Sarkin Malamai     Saduki Lafiagi     Saba Jibril     Akume     Alagbado     Sabo-Oke     Oba David Oyerinola Adedunmoye     Unilorin     Kazeem Gbolagade     CCEPE     Ijagbo     Oba Of Jebba     Ike Ekweremadu     Solomon Edoja     Ibrahim Oniye     Muhammed Abdullahi     Minimum Wage     Lukman Oyebanji Fagbemi     Ilorin Durbar     Jide Ashonibare     Kunle Akogun     Gambari     Olayinka Oladapo Jogunola     Kwara Apc     Hassan Abdulazeez Elewu     Smart School     Mohammed Ghali Alaaya     Unilorin FM     Okanlawon Taiwo     Rafiu Ibrahim     Amasa     Muftau Akanbi Oke     Kayode Laro     Olajumoke Monsura Gafar     Rapheal Ashaolu     COVID-19 Palliatives     Abegunde Goke     Hussein Olokooba     Tunji Ajanaku     Apado     Millennium Development Goals     Diagnostic Centre     Wahab Agbaje     Sardauna Of Ilorin     April 11     Ajasse-Ipo     Hamidat Sulyman-Yusuf     Maja     Kola Ologbondiyan     ASKOMP     Suleiman Abubakar     Alabi Lawal     Lafiagi     Baboko     Abdullah Janet Amudat