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.

Afusat Nike Ibrahim     Nigerian Correctional Service     Yahaya Abdulkareem Babaita     Edu     A.E. Afolabi     Aishat Sulu-Gambari     Oniwasi Agbaye     Tsaragi     Tunde Akanbi     Jimoh Olusola Imam     Curfew     Sun Qing Rong     Suleiman Mora Omar     General Hospital     JSSCE     Yakubu Mohammed Abdullahi     Tunde Kazeem     NAWOJ     Code Of Conduct Tribunal     Logun     Olatunde Jare     Haruna Tambiri Mohammed     Shettima     Jumoke Monsura Gafar     Ajidagba     Bello Oyebanji     Ethical College     Elerinjare     Radio SBS     Muhammed Mahe Abdulkadir     Federal Allocation     Ibrahim Sulu Gambari     ASMAU PLAZA     Oyedun Juliana Funke     Na\'Allah     Abdulrazaq Solihudeen     Amada Jidda     Mohammed Haruna     Gbemisola Oguntimehin     Kwara Apc     Kwara Muslim Pilgrims Welfare Board     Umar Ahmed Gunu     Memunat Monsuma     Abdulganiyu AbdulAzeez     Pacify Labs     Musa Alhassan Buge     Amuda Musbau     Shonga Farm Project     Akume     Ibrahim Bio     Young Progressives Party     Salihu S. Yaru     Kazeem Gbolagade     Oke-opin     Musibau Akanji     Abdulsalam A. Yusuf     UNIFEMGA     Tosho Yaqub     Eruku     Vasolar-Kwara Company Ltd     Ayobami Seriki     Ahmad Belgore     Kwara State Coalition Of Business And Professional Associations     Offa Grammer School     Femi Agbaje     Abdulkadir Orire     Tuesday Assayomo     Adesoye     Imodoye Writer’s Enclave     Hamza Usman     Ahmad Lawan     Ghali Muhammed     Yaman     Eleja     COVID-19 Palliatives     Isaac Gbenle     Nigeria Association Of Women Journalists    

Cloud Tag: What's trending

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

CACOVID Palliatives     Kayode Zubair     Ilorin General Hospital     Valsolar Consortium     Hausa     Akeem Lawal     Abdulrahman Abdulrasak     Asa     Moshood Kashimawo Abiola     Abraysports FC     Afolasade Opeyemi Kemi     Trade Lenda SME Fair     Egbejila     Olusegun Adeniyi     Kwara State Polytechnic     T And K FOODS     UNILORIN Alumni Association     Abraham Ojo     Kudirat Arinola Lawal     Monsurat Omotosho     Joana Nnazua Kolo     Florence Saraki     Ilorin Durbar     Baba Adini Of Kwara State     Kale Ayo     Doyin Awoyale     Ahmed Bolaji Nagode     Hydro-electric Power Producing Areas Development Commission     Galadima     Aremu Bose Deborah     Cornelius Adebayo     Agor Market     Michael Ologundea     Jimoh Saadudeen Muhammed     Chikanda     Aishatu Ahmed Gobir     Oke Sunna     Dele Momodu     Ganiyu Taofiq     ER-KANG Mining Nigeria Company Limited     Rotimi Atere     Orire     Olabode Towoju     Police Commissioner     NNPP     Gbenga Awoyale     Saadu Gbogbo Iwe     Chartered Institute Of Personnel Management Of Nigeria     Abdulsalam Firdaous Amosa     Owode Market     Abdulrazaq Magaji     Muhammadu Buhari     Shade Omoniyi     Oke-Ogun     Al-Hikmah University     Gaa Olobi     Salmon Babatunde Salmon     Face Masks     Matthew Babaoye     Abdulmumini AbdulRazaq     Na\'Allah     HYPPADEC     Gobirawa     Ilesha-Baruba-Gwanara     Raji Ayodele Kamaldeen     Otuka     Kola Shittu     Umar Gunu     Rice Farmers Association Of Nigeria     All Peoples Party     Summit University     M.Y. Abdulrahaman     Shururat Olatinwo     Ajasse-Ipo     Kumbi Titiloye     Olaiya Lawal     Kwara Metro Park