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.

Shehu Adaramaja     Yusuf Zulu-Gambari     Osi     Yoonus Kola Olatinwo     Adolescent Girls Initiative For Learning And Empowerment     Sheikh Alimi     Rasheed Jimoh     Olokoba Abdullahi Ayinla     Lawal Olohungbebe     COEASU     Yomi Ogunsola     NIRSAL     Chief Imam Of Omu-Aran     National Information Technology Development Agency     Abubakar Olusola Saraki     Lawal Arinola Kudirat     Orisun Igbomina     UITH     Aliyu Sabi     Islamiya Abdulraheem     Flights To Ilorin     Aishat Sulu-Gambari     Saidu Isa     Borgu     John Kehinde Salako     Ishola Abdullahi     Abdulmumin Yinka Ajia     Oyelere Oyinloye     Olaiya Zuberu     Shehu Alimi Foundation For Peace And Development     Idowu Laro     Sunday Fagbemi     Taofik Abiodun Ahmed     Shehu Salau     Olayinka Oladapo Jogunola     Opobiyi     Isiaka Abdulrazak     Ojo Fadumila     Share     Offa Metropolitan Club     Ahmed Mohammed Rifun     Fatai Adeniyi Garba     Mutawali Of Ilorin     Edret Sabi Abel     Abdulhakeem Amao     Aisha Buhari     Sulyman Tejidini     Babs Iwarere     National Association Of Nigerian Students     Oluwole Dupe     Savannah Centre For Diplomacy, Democracy And Development     PPS     Basic Education Certificate Examination     Iyabo Adisa Ibiyeye     Michael Nzekwe     Bayo Lawal     Bolaji Gambari     Haruna Olawale Sulaiman     Muhammad Sirajo Aliyu     Olatunde Jare     Akume     Lasiele Alabi Yahaya     Olugbense     Abubakar Baba Sulaiman     AbdulGafar Tosho     Nigerian Supreme Council For Islamic Affairs     Idofin     Saudat Abdulbaqi     Oba Abdulraheem     20 Billion Bond     Yashikira     Women Radio     Bilikisu Gambari     Quran     Federal Allocation     Abubakar Kawu Baraje     Olanrewju Okanlawon Musa    

Cloud Tag: What's trending

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

Odolaye Aremu     Oyin-Zubair     Mohammed Saidu     Sheikh Hamzat Yusuf Ariyibi     Olokoba     Kwara State Polytechnic     Iyiola Oyedepo     Ilorin Innovation Hub     Bisi Oyeleke     Muslimah Entrepreneurship Forum     Abubakar Baba Sulaiman     Haliru Yahaya     Al-Ilory     JAAC     Abdullahi Adisa Akodudu     Najim Yaasin     Michael Imoudu National Institute For Labour Studies     HICA     Umar Danladi Shero     Jumoke Monsura Gafar     Ibikunle Ogunleye     RTEAN     Oke-opin     Idowu Aremu     Yahaya Abdulkareem     Mahfouz Adedimeji     Aishatu Ahmed Gobir     Tunji Ajanaku     ASKOMP     Bolaji Gambari     KWASSIP     Hamidu Olowo     Yomi Adeboye     Radio Kwara     Idris Amosa Oladipo Saidu     Adanla-Irese     Mufutau Olatinwo     Raliat Elelu-Habeeb     Dele Momodu     Afolayan     Bolakale Kawu Agaka     Arandun     Folajimi Aleshinloye     Agbarigidoma     Olaitan Buraimoh     Amusa Bello     Societe Generale Bank Of Nigeria     Nupe     Shuaib Jawondo     Fatima Abolore Jimoh     Saraki     Wole Oke     Aliyu U. Tilde     Sheikh Ariyibi     Nurudeen Mohammed     NFAI     Bluenile Associates     Muslim Media Watch Group Of Nigeria     Yemi Osinbajo     Idofin     Ibrahim Mohammed     Amasa     Apata Ajele Secondary School     Funmilayo Braithwaite     ANCOPPS     Salau Kabiru Abdullahi     Innocent Okoye     Alabe     Eleyele     Tunde Yusuf     Fatimat Saliu     Saka Balikis Kehinde     Lanwa     Bashir Adigun     Ajike People Support Centre     Garment Factory     Jimoh Akani