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.

Ajasse-Ipo     Ahmad Olanrewaju Belgore     Habeeb Saidu     Kunle Okeowo     Jimoh Saadudeen Muhammed     Adam Abdullahi Al-Ilory     March 18     FERMA     LEAH Charity Foundation     New Nigeria People’s Party     Mohammed Lawal     Owu Fall     Lithium     CCT     Adebara     Muhammad Yahya     Kwasu     Abdulahi Abubakar Bata     Owo Isowo     Sarakite     Oja-Oba     Baakini     Okala Baba     Shuaibu Yaman Abdullahi     Dar-Al-Handasah Consultants     Lukman Oyebanji Fagbemi     Raimi Iyanda     Toun Okewale-Sonaiya     Kazeem Oladepo     Ubandawaki     Abiodun Oyedepo     Government High School Adeta     Funmi Salau     Garba Ado Sanni     Olayinka Oladapo Jogunola     Ilorin East/South Federal Constituency     Mahmud Ajeigbe     Aminu Ado Bayero     Tsaragi/Share     Ilofa     Amusa Bello     Saliu Shola Taofeek     Sobi FM     COVID-19 Palliatives     Waheed Ibrahim     Aishat Sulu-Gambari     MATTA Girls Foundation     Nigeria Customs Service     Kwarareports     Kulende-UITH     Awili Pedro     Gbemi Saraki     Ladi Hassan     Olushola Saraki     Okanlawon Musa     Dankaka     Ibrahim Oniye     Shaaba Lafiagi     Olatunji Ayeni     Just Event Online     Usman Rifun     Abubakar Abdulraheem     Yusuf Lanre Badmus     Oyedun Juliana Funke     SSUCOEN     Salman Suleiman     Saad Belgore     Muhammed Danjuma     Chartered Institute Of Personnel Management Of Nigeria     Yakubu Shaaba     Okin Group     Bola Sagaya     Lawal Arinola Kudirat     Olumide Daniel Ibitoye     Nagode     Hydro-electric Power Producing Areas Development Commission     Elewu    

Cloud Tag: What's trending

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

Ibrahim Abdullahi     Aminat Ahmed     Kale Belgore     Bello Abubakar     Yunus Lawal     Abdulazeez Uthman     Joana Nnazua Kolo     Sebastine Obasi     Oniyangi     Kumbi Titilope     Ajayi Okasanmi     Fulani     Pategi     Mustapha AbdulGaniyu     Razaq Atunwa     Oke Sunna     Ayoade Akinnibosun     Abubakar Suleiman     Balogun Gambari     Olabode Towoju     Principal Private Secretary     Kola Shittu     National Association Of Nigerian Students     Jelili Yusuf     Al-Hikmah Radio     Khadijat Ayoola Yusuf     Isiaka Yusuf     Gobir Organization Foundation     Saliu Ajibola Ajia     Abdulwahab Ololele     Bukola Saraki     Muyiwa Oladipo Kanu     Ilesha-Baruba     Sabi     Seed Technologies     Idiagbon     KWASAA     Mohammed Yisa     Sarafadeen Kayode Akorede     Saadatu Modibbo-Kawu     Centre For Peace And Strategic Studies     Clement Yomi Adeboye     Oko     Salmon Babatunde Salmon     Revenue Court     Sam Onile     Okoolowo     UNILORIN Alumni Association     Deji Ajani     Towoju     Modibbo Kawu     Adebayo Mohammed Kamaldeen     Shururat Olatinwo     Olokoba Abdullahi Ayinla     Abdul-Rahoof Bello     Yusuf Badmus     Mustapha Olanipekun     NIPOGA     HICA     Muhammad-Mustapha Suleiman     Olota Of Odo-Owa     Ilorin Descendants Progressive Union     Oro Grammar School     Doyin Awoyale     Saad Belgore     Oba Sulaiman Asude     Titus Suberu-Ajibola     Talaka Parapo     Muhammadu Buhari     Ahmed     Joseph Bamigboye     Daud Adeshola     Jamiu Oyawoye     Ahmed Idris Mohammed     Hussein Olokooba     Dan Masanin     Aisha Abodunrin Ibrahim