Solid minerals: Kwara governor seeks states' control of royalties

Date: 2017-07-15

KWARA State Governor Abdulfatah Ahmed has called on the Federal Government to increase state governments’ participation in the solid mineral sector through royalties, fees, fines and taxes collection from solid minerals. He said that the scenario would present the states with the opportunity to increase their internally generated revenue (IGR), adding that this would reduce their dependence on Federal Government and create employment for the teeming youth population. The governor said this in Ilorin, the Kwara State capital at the installation of the President of the Nigerian Mining and Geo-Sciences Society (NMGS).

Represented by Education and Human Capital Development Commissioner, Alhaji Musa Yeketi, Governor Ahmed said that “the constitution appears to hobble this possibility. For instance, Section 44 (3) of the 1999 Constitution vests the Federal Government with the ownership and control of all minerals, mineral oils and natural gas, in Nigeria. “Also, the Second Schedule, Part 1 item 39 of the Exclusive Legislative list in the 1999 Constitution restricts state governments from developing their respective mining potentials.

“This creates a situation whereby states have limited authority over mining activities in their domain and after often required to purchase expensive licenses from the government with no guarantee of returns or successful exploitation of minerals resources.” Speaking after his inauguration as the 29th President of the society, Prof Silas Dada said that solid mineral resourcesdriven development is the best growth opportunity for Nigeria. “In fact, most Nigeria’s solid mineral resources have not yet been discovered, which represents a formidable opportunity for growth. “Our governments need to get the natural resource management policy (NRM) chain right. The NRM policy chain needs to be adequately developed by setting up strong policies in every area of income generation and investment.

Source

 

Cloud Tag: What's trending

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

Joseph Daudu     ASUU     Kwara State Sports Commission     Mashood Dauda     Kwara Primary Health Care Development Agency     Olatomiwa Williams     Joseph Yemi Ajayi     Saadatu Modibbo-Kawu     Abdulrasheed Akogun     Sodiya     Salaudeen Oyewale     Peter Amogbonjaye     Wahab Abayawo     Soffiyyallah Kamaldeen     Federal Neuro-Psychiatric Hospital     Siraj Oyewale     Ibrahim Gambari     Nigeria Customs Service     Ridhwanullah Al-Ilory     Oba Abdulrahim     Musa Abdullahi     Kayode Oyin Zubair     Sayomi     COEASU     Babatunde Idiagbon     Abdul-Rasheed Na\'Allah     Binta Sulyman     Kisra     Umar Bayo Abdulwahab     Kwha.gov.ng     Titus Ashaolu     Pilgrims Board     Sa\'adatu Modibbo-Kawu     Oke-Ero     Kwara Hotel     AbdulKareem Yusuf Danhawa     Student Learning Support Helpline     Afonja     SUBEB     Maryam Ado Bayero     Surajudeen Akanbi     Funke Adedoyin     Kwara Teaching Service Commission     Raji Ayodele Kamaldeen     Abdulrazaq Aiyelabegan     Otoge     Kwara 2019     FERMA     Kabir Shagaya     Kolawole Akande     Gbemi Saraki     Olusegun Adeniyi     Garuba Alikinla Shittu     Adanla-Irese     ASKOMP     Suleiman Abubakar     Ademola Kiyesola     Hamid Bobboyi     Alloy Chukwuemeka     Abdullahi AbdulMajeed     Labour Party     Oko     Sulu Gambari     Adedeji Onimago     KSIRS     School Of Nursing     Lawal Olohungbebe     Maryam A. Garuba     Sarah Alade     Idiagbon     Ibrahim Abiodun     KWATMA     Government High School (GHS), Adeta     Abatemi-Usman     Erubu     Bolakale Ayo     Moses Salami    

Cloud Tag: What's trending

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

Ganmo Power Sub-Station     Tanke     Communication Network Support Services     Sulyman Buhari     Amina Susa\'a De Ahmed     Hydro-electric Power Producing Areas Development Commission     Olawuyi     Kawu Baraje     Lateef Fagbemi     Babajide Ajayi     Bayo Onimago     National Association Of Nigerian Students     Taofeek Ibraheem     Kola Ologbondiyan     Akom Construction And Engineering Synergy Ltd     Hauwa Nuru     Sheu Ndanusa Usman     Oko-Erin     Gbadeyan Gbadura Yomi     Atunwa     Pius Abioje     Muhammad Mustapha Suleiman     March 28     Christopher Ayeni     Idris Garuba     Congress For National Consensus     Shero     Abdulrasaq Alaro     Kwara Apc     Ilesha-Baruba     Moshood Bakare     NNPP     Micheal Imodu-Ganmo Road     Jumoke F. Ajao     ENetSuD     Shuaib Olarongbe     Yusuf Aiyedun     Sobi Specialist Hospital     Oko Erin     Hydroelectric Power Producing Areas Development Commission     Abdullahi Adisa Akodudu     Salake     Sheriff Olanrewaju     NURTW     Zaratu Umar     Olomu Of Omu-Aran     Aliyu Umar     Muhammadu Buhari     AIT Ilorin     Oko-Olowo     Magaji Are     Abubakar Ndakene     Oyawoye     Maryam A. Garuba     Valsolar     Balogun-Ojomu     Earlyon Technologies     Bashir Adigun     Hassan Oyeleke     James Kolo     Alikinla     Edu     Tunji Folami     Lanre Aremu     John Mayokun Dada     Royal FM     Ijagbo     NITDA     Aliyu Sabi     Tope Daramola     Kamaldeen Kehinde     Sobi     Chief Imam Of Omu-Aran     Okin Group     Ayotunde Emmanuel Alao     Michael Nzekwe     Taiwo Joseph