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.

Oloje     Roheemat Hammed     Maryam Nurudeen     IPSAS     Age AbdulKareem     Modibbo Kawu     Ramadan     Senior Special Assistant On Student Affairs     Usman Rifun     Oloruntoyosi Thomas     Ibrahim Issa Jetti     Mohammed Yisa     Budo-Egba     Kehinde Boyede     Salihu Ajibola Ajia     Mohammed Lawal Bagega     Abdullahi G. Mohammad     Segun Olawoyin     Kabir Shagaya     Rotimi Oyedepo     Kwara     Monthly Sanitation Exercise     Yusuf Abubakar     Ali Ahmad     Women Radio     Paul Olawoore     Tayo Awodiji     Aliyu Salihu     Minimum Wage     2017 Budget     Ayotunde Emmanuel Alao     Baba Idris     Olusegun Adeniyi     Oko-Erin     Abdulrazaq Akorede     Aliyu Adebayo     Hydroelectric Power Producing Areas Development Commission     Kulende     Abdulmutalib Shittu     Student Learning Support Helpline     Farouk Salim     Donatus Ejidike     Hassan A. Saliu     Ijakadi     Medinat Folorunsho Salman     Busari Toyin Isiaka     Mopelola Abdulmaliq-Bashir     Markaz Arabic And Islamic Training Institute, Agege     Abdullah Janet Amudat     College Of Arabic And Islamic Legal Studies     Abdulrazaq Sanni     Yakub Lai Gobir     Lithium Deposit     Dan Iya Of Ilorin     Ayo Salami     SWAN     Abdullahi Saadudeen Alikinla     Omupo     Jaigbade Alao     Babaloja-General     Zara Umar     Diagnostic Centre     Mazars Consulting     Ola Falade     Yahaya Dumoye     Oko-Olowo     Gbenga Adebayo     Forgo Battery     Lawal Jimoh     Katibi Ibraheem Adeola     Salman Suleiman     08001000100     Ilorin Talaka Parapo     MMWG     Alaaya     Jaiz Bank     Raliat Elelu-Habeeb    

Cloud Tag: What's trending

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

Sadiq Buhari     Adesoye College     Mohammed Katsina Ahmed     Rapheal Ashaolu     Ahmed Ayinla Jimoh     Oba Abu     Yusuf Mubarak     Kannike     Salary     Hakeem Lawal     Atiku     Baruten     Olaiya Victor Mobolaji     Kwara State Geographic Information Service     KWAFFA     Ita-Nmo Market     Baakini     Tunde Oyawoye     Lawyers Unite Against Corruption     Sabo-Oke     Alabi Olayemi Abdulrazak     Idowu Laro     Kwara-SAPZ Project     Saheed Popoola     Mohammed Kamaludeen     Sayomi     Imodoye Writer’s Enclave     MAI Akande     Memunat Monsuma     Raimi Iyanda     Micheal Imodu-Ganmo Road     Taiwo Joseph     Volunteers Of Ilorin Community And The Emirate     Ajibike Katibi     Bayer Nigeria Limited     Christopher Tunji Ayeni     Makama Of Kaiama     Issa Manzuma     Ramadhan     Oke-Ode     Makama     CACOVID     Sarah Alade     Afusat Nike Ibrahim     Sheikh Ridhwanullah     Ahmed Alhasssan     JAAC     Gamji Members Association     Photo News     Yahaya Abdulkareem     Hausa     Apaokagi     Sebastine Obasi     Ghali Alaaya     Laduba     Riskat Opakunle     Maimunat Oloriegbe     Forgo Battery Company Limited     YAKOOYO     Erubu Oba Zubair     Sardauna     Muideen Olaniyi Alalade     Saliu Ajibola Ajia     Overland     Oyelere Oyinloye     Yahaya Oloriegbe     National Union Of Road Transport Workers     Vasolar Consultoria     Omotoso     Yakubu Dogara     Federal Polytechnic Offa     Funmilayo Oniwa     Sheu Ndanusa Usman     Oba Abdulrahim     Bluenile Associates     VADA     Ibrahim Jawondo