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.

Ishaq Abdulkarim     Majlis For Sadakah, Zakat And Waqf     Ola Falade     SWAN     KWATMA     Bisi Oyeleke     Rex Olawoye     TVC Female National Debate     Abdulrazaq Adebayo     Adedayo Yusuf Abdulkareem     Abubakar Imam     Barakat Community Secondary School     Ben Duntoye     Saudat Abdulbaqi     AbdulRazaq Abubakar Jiddah     Oke-Odo     Pakata Patriots     Bashir Badawi     Unilorin     Ogbondoroko     Mukhtar Shagaya     Joseph Offorjama     Aliyu Olatunji Ajanaku     Allocation     Baruba     Rebecca Olanrewaju     Sarakite     Saba Jibril     Saka Isau     Fola Consultant     Egbewole     Bamidele Aluko     Jawondo     Ibrahim Labaika     Iyabo Adisa Ibiyeye     Jimoh Olusola Imam     Ibrahim Abdullahi     Dorcas Afeniforo     NSCIA     Ilorin South Constituency     Joana Nnazua Kolo     Olatunji Abdulmumeen     Revenue Court     Gurei     Ayeyemi Sulaiman     Olufolake Abdulrazaq     Oniyangi Kunle Sulaiman     Borgu     Nigerian Medical Association     SUBEB     Sola Saraki University     All Confederation Of Principals Of Secondary Schools     Isaac Aderemi Kolawole     Sabitiyu Grillo     Fatimoh Lawal     Offorjama     KWIRS     Segun Adeniyi     Na\'Allah     Fatai Adeniyi Garba     Muhammed Mahe Abdulkadir     Oba-Solagberu     Mope Dasuki Belgore     Tinubu Legacy Forum     Chief Imam Of Ilorin     Abdulkadri Ahmad Alaiye     KWASIEC     Road Transport Employers Association Of Nigeria     Ronke Adeyemi     Presidential Election     Nigeria Foundation For Artificial Intelligence     Lawal Olohungbebe     Oloruntoyosi Thomas     Ahmad Ali     Suleiman Ajadi     Emmanuel Bello     Post-utme    

Cloud Tag: What's trending

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

Jaiz Bank     Wakilin Mata Lafiagi     Yaman     Ajase-Ipo     Dan-Kazeem     Share/Tsaragi     Playing Host     Illyasu Abdullahi     Ibrahim Abduquadri Abikan     Ella Supreme Tissue Paper     KWATMA     Abdullahi Dasilva Yussuf     Saudat Abdulbaqi     Junior Secondary School Certificate Examinations     Abdulraufu Mustapha     Saidu Isa     Muyiwa Oladipo Kanu     Yusuf Babatunde Abdulwahab     Musa Abdullahi     Bamidele Aluko     Lafia Aliyu Korasabi     Adeleke Ogungbe     NaAllah     Opolo Global Innovation Limited     Oke-Oyi     Yahaya A Paniyaro     Iyeru Grammar School     Kwara State Internal Revenue Service     Rice Farmers Association Of Nigeria     Omoniyi     Mamatu Abdullahi     Share     QuickWin     Hakeem Idris     Special Adviser On Digital Innovation     Lateef Fagbemi     Kwara University Of Education     Sarakite     Maryam Ado Bayero     Gbenga Awoyale     Dorcas Afeniforo     Damilola Yusuf     Dauda Adesola     Quranic Recitation Competition     Olateju Lukman     Abiodun Abdulkareem     Emir Of Yashikira     Veterinary Teaching Hospital     Shao     Tunde Mukaila Mustapha     Abatemi-Usman     Gbenga Olawepo     Earlyon Technologies     Mohammed Abduraheem     Iyiola Oyedepo     Tuesday Assayomo     Alore     Binta Abubakar-Mora     Saka Onimago     Quarry Royal Valley     Isau     Abubakar Usman Jos     Undergraduate Bursary     NIPOGA     Isiaka Abdulrazak     National Pilot     Lanre Olosunde     All Peoples Party     Opobiyi     20 Billion Bond     Olaiya Victor Mobolaji     Rapheal Ashaolu     Muhammadu Gobir     IYA YUSUF     Idris Amosa Oladipo Saidu     Joana Nnazua Kolo     Joseph Bamigboye