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.

Akanji     Amuda Aluko     Lucky Omoluwa     Garba Ayodele Wahab     NITDA     Garuba Alikinla Shittu     Government Girls� Day Secondary School Pakata     SUBEB     Kwara Metro Park     Olaiya Zuberu     Abatemi-Usman     Mahee Abdulkadir     Raliat Islamic Foundation     Yoruba     Odolaye Aremu     Adeleke Ogungbe     Abdulwasiu Bolaji Adeyi     Oloje     Adeniyi Ojo     Umar Adelodun     Yomi Adeboye     IPSAS     Raliat AbdulRazaq     Abubakar Baba Sulaiman     Dasuki Belgore     Abdulraufu Mustapha     Reuben Paraje     Kwara Coalition Of Business And Professional Associations     Okin Biscuits     Smart School     Adewuyi Funmilayo     Read With Me     Crystal Corner Shops     Senate Presidency     Abdulrahman Abdulrazak     Shonga Farm Project     Ahmed Ayinla Jimoh     Bolakale Ayo     Binta Sulyman     Hussein Olokooba     Bareke     Ilorin Water Reticulation     Harafat E. Mukadam     State Bureau Of Internal Revenue     Bayo Lawal     Convocation Ceremonies     Special Adviser On Digital Innovation     Muritala Awodun     Raymond Olaitan     Folorunsho Alao     Suraj Tunji Oyewale     SGBN     Emir Of Ilorin     Mustapha AbdulGaniyu     Tunde Yusuf     James Ayeni     Rashidi Yekini     CCEPE     Modupe Oluwole     Olatunji Bamgbola     Okin Biscuit     Igbaja     Coalition Of Kwara North Groups     Titus Ashaolu     Ganmo     Salaudeen Oyewale     Aisha Gobir     Mubarak Oladosu     Owo Isowo     Maja     Muhammad Akande Olarewaju Odunade     Folaranmi Aro     Olofa Of Offa     Kale Belgore     Baboko Primary School     Owu Fall     Bashir Badawi    

Cloud Tag: What's trending

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

Voices Of Tomorrow     ASMAU PLAZA     Bisi Oyeleke     UNIFEMGA     Special Agro-Industrial Hub     Hassan A. Saliu     AbdulQowiy Olododo     Seun Bolaji     Ashiru     Abdulkadir Bolakale Sakariyah     Ibrahim Gambari     Ridhwanullah Al-Ilory     Bukola Saraki     Ayegbeni     Muhammed Mahe Abdulkadir     Aro Yahaya     Communication Network Support Services     Dauda Adesola     Dele Belgore     Atiku     Ilorin Likeminds Foundation     Abubakar Bature Sulu-Gambari     KWATMA     Garba Ayodele Wahab     Adesoye College     Lateef Ademola Olatunji     Osuwa     Olayinka Oladapo Jogunola     Abdulraufu Mustapha     Pius Abioje     Doyin Group     Yahaya Jibril Usman     Abdullah Janet Amudat     Okin Group     Solomon Edojah     Ogbondoroko     Rasaq Jimoh     Olupako Of Share     Kwara State Polytechnic     Samari     Kubra Kazum     Kwara State Government     Ijagbo     Oba Of Jebba     Tunde Oyawoye     Omotoso Musa     Gafaru Olayiwola Olorisade     Salman Jawondo     Bolaji Nagode     Government Girls� Day Secondary School Pakata     Saka Balikis Kehinde     Umar Ayinla Saro     Bello Oyebanji     Yahaya Dumoye     Belgore     ITEM 7     Taibat Ayinke Ahmed     Olugbense     Magaji Are     Toyin Sanusi     Gani Saadu     Aliyu U. Tilde     Offa Grammer School     International Vocational Centre     Young Progressives Party     Sa\'adu Salau     Abdulmajeed Wahab     Saka Isau     Aminat Ahmed     Oju Ekun Sarumi     Oba Abdulkadir La\'aro     Abdulfatai Ahmed     Facemasks     Saadu Yusuf     Abdulrahman Abdulrasaq     Okin Biscuits     Photo News