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.

KW-GIS     Aishatu Ahmed Gobir     March 28     Mary Kemi Adeosun     AbdulGaniyu Kareem     Lai Mohammed     Rafiu Ibrahim     TETFUND     Ilota     Alagbado     Abdullahi Dasilva Yussuf     Ilorin Metro Park     Oyedepo     Majlis For Sadaqah, Zakat And Waqf     Tafida     Emir Of Lafiagi     Tunde Mukaila Mustapha     Opolo Global Innovation Limited     Jeunkunu-Malete-Bani     Okin Malt     Ghali Muhammed     Kudirat Arinola Lawal     Abdulkadir Akanbi-Oke     Split Diamond Interchange     Amule     NFAI     Afolabi-Oshatimehin Adenike Harriet     Oke-Odo     Olayinka Oladapo Jogunola     Kwarareports.com     Offa Grammer School     Lithium Deposit     Ahmed Bayero     Isiaka Yusuf     Abubakar Olusola Saraki     Ohoro Of Shao     Hauwa Nuru     Bola Iyabo Ibiyeye Adisa     Omotosho     Trader Moni     Abubakar Usman Jos     Emir Of Shonga     Oluwatoyin Lukman     Code Of Conduct Tribunal     Abdulwaheed Musa     Iponrin     Haruna Tambiri Mohammed     SWAN     Seed Technologies     TESCOM 2025     Raliat AbdulRazaq     Dairo Kunle Paul     Oniyangi     Muftau Akanbi Oke     Moses Afolayan     Kwara State Pension Board     Segun Abifarin     Kwara Coalition Of Business And Professional Associations     The Herald     Titus Suberu-Ajibola     Nigeria Computer Society     Solomon Edoja     Tunji Moronfoye     Ilesha-Baruba     Ridwan Agboola     SGBN     Umar Danladi Shero     Obuh     Chikanda     Oladipo Akanmu Tolani     Kwara State Infrastructure Development Fund     CBT     Elerin Of Erin-Ile     Aasiyat Bello Oyedepo     Council Of The Wise     Turaki     3MTT    

Cloud Tag: What's trending

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

Zubair Folorunsho Erubu     Bio Ibrahim     Aminat Omodara     Arik     Sola Saraki Educational Foundation     Leke Ogungbe     Mohammed Yahaya Barki     Oba Abdulrahim     IQRA College     Eghe Igbinehi     Muhammed Abdullahi     Shuaib Olarongbe     Muhammadu Gobir     Raliat Islamic Foundation     Laboratory-to-Product     Guber Aspirant     Niyi Osundare     Bayo Lawal     Olayinka Jelili Yusuf     Sulyman Buhari     Zainab Abass     Hakeem Idris     Sunday Fagbemi     Oluronke Adeyemi     Garba Idris Ajia     Salihu S. Yaru     Amada Jidda     COVID     VADA     Temi Kolawole     AbdulRazaq Abubakar Jiddah     Bello Bature     Gbugbu International Market     Just Event Online     Senior Special Assistant On Student Affairs     Henry Makinwa     ER-KANG Mining     Afolayan     TIIDELab     Ahman Pategi University     Ilorin     Igosun     Share-Tsaragi     Dan-Kazeem     Fatai Olodo     Ishola Balogun Fulani     Yakubu Dogara     Kawu     Ambassador Kayode Laro     Taibat Ayinke Ahmed     TVC Female National Debate     Shaykh Luqman Jimoh     Suraj Tunji Oyewale     Christian Association Of Nigeria     Bayer Nigeria Limited     Tescom.kwarastate.gov.ng     Chief Imam Of Ilorin     Abdulfatah Ahmed     Kwara Politics     College Of Health     Amule     A.O. Belgore     Ilorin Descendants Progressive Union     Ebun-Olu Adegboruwa     Ganmo     National Union Of Road Transport Workers     Donatus Ejidike     Oniyangi     Oko Erin     Ayeyemi Sulaiman     Elerinjare     Fatimah Abdulkadir     Illyasu Abdullahi     Kunle Suleiman     Saliu Ajibola Ajia     Jide Oyinloye     3MTT