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.

Oke Sunna     TIIDELab     Oke-Ogun     Bola Tinubu     Ahman Pategi     Kwara Restoration Project     KWATMA     Olumide Daniel Ibitoye     Peter Obi     Alikinla     Muhammad Sirajo Aliyu     Kwara State Coalition Of Business And Professional Associations     Abdulkadri Ahmad Alaiye     Yakub Lai Gobir     Dar-Al-Handasah Consultants Ltd     Neo Mundo Ltd     Muslim Stakeholders Of Kwara State     Lasiele Alabi Yahaya     Neuropsychiatric Hospital     Olatunji Bamgbola     Gobir Organization Foundation     Adamu B. Yaqubu     Umar Adelodun     Abdulrahman Abdulrasaq     Maimunat Oniyangi     Doyin Awoyale     Dapo Teni Nig Enterprise     Okedare     Olokoba     Okiki     Amos Bajeh     Kwara State Infrastructure Development Fund     Agor     Albert Ogunsola     Yekini Adio     Ojuekun     Ndakene     Omupo     Ganiyu Abolarin     Bolaji Abdullahi     Tsaragi-Share     Idris Amosa Oladipo Saidu     Abdulrosheed Okiki     Kwara TV     Gamji Members Association     JAMB     Dorcas Afeniforo     Bashirat Bola Bello     Oke-opin     Afolasade Opeyemi Kemi     Olatunde Olukoya     Ibrahim Jawondo     Gbugbu     Mope Dasuki Belgore     Bayer AG     Just Law Forum     Haruna Tambiri Mohammed     Yusuf Lanre Badmas     Bello Taoheed Abubakar     Toyin Olayinka Tejidini     Ishola Abdullahi     Ayedun     Samuel Adedoyin     Abdulazeez Uthman     Adegoke Bamidele     Www.Kwarareports.com     Jimoh Saadudeen Muhammed     Adebara     Ilorin Innovation Hub     Ganmo Power Sub-Station     Hajj     Eruku     KWSIEC     Ahmad Olayiwola Kamaldeen     Kwara Polytechnic     Olota Of Odo-Owa     Kunle Suleiman    

Cloud Tag: What's trending

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

Yusuf Badmus     Kolade Solagberu     Isaac Aderemi Kolawole     Balogun Gambari     Kwara Apc     Balogun-Ojomu     Sunday Otokiti     Yakubu Dogara     Okeose Christian Cementary     Amuda Aluko     Akume     Saka Abimbola Isau     Senate Presidency     Moremi High School     Mamatu Abdullahi     Government High School Adeta     Ali Ahmad     Isin     Federal Polytechnic Offa     Galland Marcias     Public Holiday     Kola Adesina     Omu-aran     Binta Abubakar-Mora     Adebara     Michael Nzekwe     Alaiye     Sheikh Ridhwanullah El-ilory     Samuel Elizabeth Keatswa     Katibi Ibraheem Adeola     Centre For Digital Economy     Shuaib Abdulkadir     Risikat Lawal     Oniwa     Suraj Tunji Oyewale     Ilorin Water Reticulation     Dan Masanin     Ogidi-Oloje     Charcoal     UTME     Offa Metropolitan Club     Rafiu Ibrahim     CKNG     Abdulwaheed Musa     Bankole Omisore     International Vocational Centre     Aiyedun     Abdulrazaq Sanni     Alore     Kayode Ibrahim     Ajakaye     Bond     Oke-Odo     Adegoke Bamidele     Damilola Yusuf     Victor Gbenga Yusuf     Cornelius Adebayo     Valsolar-Kwara Company Limited     Umar Adelodun     Mutawalle     Suleiman Rotimi Iliasu     Ilorin Emirate     Busari Alabi Alausa     Pakata     Henry Makinwa     Funmilayo Braithwaite     GGDSS Pakata     Idowu Aremu     Aliyu Kora Sabi     Chief Imam Of Omu-Aran     Taibat Ayinke Ahmed     Kwarareports     Olabanji Orilonishe     Sidikat Alaya     Solomon Edoja     Paul Odama     Magaji Nda