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.

Olusin Of Ijara Isin     3MTT     Harrison Osauwagboe     Abdulrahman Abdullahi Kayode     Hassan Taiye Salam     Bisi Oyeleke     AIT Ilorin     Ndama Al-hassan     Salman Jawondo     Oba Of Jebba     Quareeb     Gobirawa     Kwara South     Mufutau Gbadamosi Esuwoye     Idofin     Road Transport Employers Association Of Nigeria     Taofik Abiodun Ahmed     Bursary     Shade Omoniyi     High Court     Ayobami Akanbi     Abdulrosheed Okiki     Towobola Abdulrahman Toyin     Gbugbu     Gambari     Saka Balikis Kehinde     Oba Mogaji Abdulkadir     AbdulRazaq Jiddah     Yusuf Lawal     Maimunat Oloriegbe     Earlyon Technologies     Elekoyangan     New Naira Notes     Nigerian Correctional Service     Paul Olawoore     Makama Of Kaiama     Senate President     Kale Belgore     Tunde Oyawoye     Temitope Ogunbanke     Ganmo Power Sub-Station     Bareke     Razaq Ayobami Akanbi     Tunde Saad     AbdulRahman Saad     Facemasks     Seun Bolaji     Folaranmi Aro     Oke-Kura     Senate     Shuaib Jawondo     Isiaka AbdulRazaq     Abdulmajeed Wahab     Simeon Sule Ajibola     Ogidi-Oloje     Alagbado     Cornelius Adebayo     NSCIA     Raliat AbdulRazaq     Modibo Kawu     Musa Alhassan Buge     Oluwole Dupe     Islamiya Abdulraheem     Suwa-Arabs     General Hospital     Sa\'adu Salahu     KFA     Gbenga Adebayo     Tunji Ajanaku     Mujtabah Bature     Razaq Atunwa     Igbaja     Olofa Of Offa     Adeola Abraham     Olosi Of Osi     Abdulkadir Akanbi-Oke     Mohammed Lawal    

Cloud Tag: What's trending

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

C2c@kwarastate.gov.ng     Adebayo Mohammed Kamaldeen     Katibi Ibraheem Adeola     Simeon Sayomi     Joseph Yemi Ajayi     2017 Budget     Mahmud Ayinla Giwa     Olumide Daniel Ibitoye     Yahaya Seriki Gambari     Busari Alabi Alausa     Olayinka Oladapo Jogunola     Sa\'adu Salahu     Kwara 2015     Buari Edun     Ayotunde Emmanuel Alao     A.E. Afolabi     Halidu Danbaba     Kale Bayero     Abdullateef Abdussalam     N-Power     Stephen Fasakin     Moses Afolayan     George Innih     Ridhwanullah Al-Ilory     Gambari     Isiaka Danmeromu     Abdulrauf Aliyu     Adeniyi Ojo     Aso-ofi     Mohammed Yisa     Suleiman Abubakar     Wasiu Odewale     Just Event Online     Toyosi Thomas     College Of Arabic And Islamic Legal Studies     Igbaja     Iyabo Adisa Ibiyeye     Christopher Ayeni     Dasuki Belgore     Olatunji Moronfoye     Rabiu Kwankwaso     Salihu Ajibola Ajia     Yaman     NIPOGA     Ezekiel Yissa Benjamin     Segun Ogunsola     Owu Fall     Unicontinental Construction Company     Veterinary Teaching Hospital     Monsurat Omotosho     Budo Egba     Yusuf Abdulwahab     Yusuf Arowosaye     Sadiq Buhari     Suleiman Alege Kuranga     Folorunsho Erubu     Crystal Corner Shops     Funmilayo Zubair     Abdullah Janet Amudat     Dar-Al-Handasah Consultants Ltd     Isapa     Mahfouz Adedimeji     Bamidele Aluko     Tinubu Legacy Forum     Women Radio     Oke Sunna     Abdulrazaq Solihudeen     Ita-Nmo Market     Nigerian Supreme Council For Islamic Affairs     Shagari     Shettima     Haruna Tambiri Mohammed     KFA     Tafida     Salihu Yahaya     Ganiyu Abolarin     Moshood Kashimawo Abiola