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.

Gbugbu International Market     Kumbi Titiloye     Otunba Taiwo Joseph     Benin Republic     Shagari     GANZY     Abdulganiy Abimbola Abdussalam     Yusuf Badmus     Dogara     Bello Bature     Mufutau Olatinwo     Abdulwasiu Bolaji Adeyi     Kamoru Kadiri     Convocation Ceremonies     University Road     Yoonus Lawal     Ita-Ore     Afin Descendants Union Of Odo-Owa     Samari     Kunle Akogun     Saadu Alanamu     Ezekiel Yissa Benjamin     Olatunji Ibrahim     Ibrahim Abdulqadir Abikan     Ita-Nmo Market     Omar Bolaji Gambari     Suleman Abubakar     Musibau Akanji     Abdulrauf Yusuf     Abubakar Lah     Tanke Flyover Bridge     Hassan Taiye Salam     Rebecca Olanrewaju     Olanrewju Okanlawon Musa     Illyasu Abdullahi     Ganiyu Abolarin     Abdulmajeed Wahab     Ebun-Olu Adegboruwa     Muhammad-Mustapha Suleiman     John Olajide Adedipe     Sulaiman Gado     Emmanuel Olatunji Adesoye     Hikmah AbdulKareem     Idris Garuba     Ayinke Saka     Jelili Yusuf     Abiodun Oyedepo     Gafaru Olayiwola Olorisade     Jumoke Monsura Gafar     Ministry Of Women Affairs And Social Development     Ilorin Curfew     Fatai Garuba Labaka     Baba Adini Of Kwara State     Isiaka Gold     PPS     Abdulrasaq Alaro     Ayeyemi Sulaiman     Rabiu Kwankwaso     KWATMA     Student Learning Support Helpline     Academic Staff Union Of Universities     Oluronke Adeyemi     Arandun     Albert Ogunsola     Orisa Bridge     Otuka     Mansurat Amuda-Kannike     Ayo Salami     College Of Education     Shettima     Henry Olaosebikan     Oyun     John Obuh     Split Diamond Interchange     International Vocational Centre     Folorunsho Alao     Sabo-Oke    

Cloud Tag: What's trending

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

Nnazua     Abdullahi Adisa Akodudu     Gafaru Olayiwola Olorisade     Joseph Bamigboye     Seni Saraki     Tunde Saad     NIRSAL     Kola Bukoye     Abdulfatai Ahmed     Tafida Of Kaiama     Javed Khan     Olawuyi     Yusuf Olaolu Ali     Vasolar Consultoria     Tunde Mukaila Mustapha     Halimah Perogi     Rasheed Jimoh     Fatai Garuba Labaka     Kwara State Printing And Publishing Corporation     Olumide Daniel Ibitoye     Abdulrosheed Okiki     Ilorin Emirate Stakeholders Forum     Afolasade Opeyemi Kemi     Abubakar Bature Sulu-Gambari     Wahab Agbaje     Lateef Alagbonsi     Aisha Buhari     Ndakene     Rex Olawoye     TETFUND     Iyabo Dupe Adekeye     Abraham Ojo     Olatunde Oyeyiola     Femi Oladiji     Maimunat Oloriegbe     Muyiwa Oladipo Kanu     Busari Alabi Alausa     TIIDELab     Surajudeen Akanbi     Aliyu Muhammad Saifudeen     Shuaib Boni Aliyu     Ahman Pategi University     Joseph Daudu     Apaokagi     Playing Host     Osinbajo     Mufutau Olatinwo     Ahmad Uthman     Balogun-Ojomu     Abdulrauf Yusuf     ER-KANG Mining Nigeria Company Limited     Abubakar Baba Sulaiman     Yusuf Aiyedun     Kwara TV     Kazeem Gbolagade     The Herald     Ike Ekweremadu     Kwara-SAPZ Project     Quran     Mohammed Lawal     Bayer AG     Unilorin     Wahab Isa     Laolu Saraki     Bureau Of Lands     Kwara 2015     Ahmed Bayero     KWACOBPA     Sa\'ad Alanamu     Taibat Ayinke Ahmed     Charcoal     Moshood Kashimawo Abiola     UITH     Samari     Olohungbebe     Democracy Day     Muhammadu Gobir