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.

Jimoh Saadudeen Muhammed     Suraj Tunji Oyewale     Bayo Lawal     Sodiya     JUSUN     Jaiz Bank     Riskat Opakunle     Daud Adeshola     Habeeb Abdullahi Al-Ilory     Bola Iyabo Ibiyeye Adisa     Mohammed Tunde-Jimoh     Mahmud Babatunde Baker     Nigeria Foundation For Artificial Intelligence     International Aviation College     Elelu     Salihu Ajia     FOMWAN     Baba Adini Of Kwara State     C2c@kwarastate.gov.ng     NURTW     Rueben Parejo     Funmilayo Oniwa     Muhammed Danjuma     Isa Aremu     Islamiya Abdulraheem     Kamaldeen Kehinde     LABTOP     SWAN     Abdulahi Abubakar Bata     SSUCOEN     Femi Ogunsola     Folajimi Aleshinloye     Esinniobiwa Quareeb     Sabitiyu Grillo     Tsado Manman     Ayeyemi Sulaiman     Femtech     Ilorin Emirate     Owo Isowo     Ilorin East     General Hospital, Ilorin     Baboko Primary School     Oba Abdulkadir La\'aro     Ayinke Saka     ER-KANG Mining Nigeria Company Limited     Ilorin.Info     Alagbado     Village Alive Development Association     Bola Shagaya     Joseph Offorjama     Federal Allocation     Afetu Of Alabe     Aisha Ahman-Pategi     Ibrahim Labaika     Bashiru Makama     Sanusi Abubakar     Saliu Shola Taofeek     Funmilayo Zubair     Ajakaye     Abdulraheem Olesin     Split Diamond Interchange     Afeyin-Olukuta     Ilesha-Gwanara     Hussein Olokooba     Dagbalodo     Salihu S. Yaru     Omoniyi M. Ayinla     Amoyo     Garuba Alikinla Shittu     Ado Bayero     Press Release     Shoprite     TIC     Najim Yaasin     Tunji Arosanyin     Onikijipa     Suleiman Idris    

Cloud Tag: What's trending

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

Sobi FM     Prince Mahe Abdulkadir     Abdulrahman Abdulrazak     Logun     UNIFEMGA     Wahab Olasupo Egbewole     Risikat Lawal     Oba-Solagberu     Gobirawa     Ilorin Innovation Hub     Bukola Saraki     Lateef Fagbemi     Ahmad Uthman     Abdulrazaq Magaji     Ishaq Oloyede     George Funsho Adebayo     Yusuf Aiyedun     SSA Youth Engagement     GGDSS Pakata     Salmon Babatunde Salmon     Musa Alhassan Buge     Mopelola Abdulmaliq-Bashir     Onilorin Of Ilorin     Abdulkadir Akanbi-Oke     Turaki     Ridwan Agboola     Ministry Of Women Affairs And Social Development     Tunde Akanbi     National Party Of Nigeria     Musa Aibinu     Unilorin FM     Ibrahim Abdullahi     Moremi High School     Jimoh Olusola Imam     Femi Ogunsola     Razaq Ayobami Akanbi     Omotoso Musa     Afusat Nike Ibrahim     Abdulganiyu AbdulAzeez     Modupe Oluwole     Lukman Oyebanji Fagbemi     Nigerian Supreme Council For Islamic Affairs     Offa Descendants Union     Suleiman Mora Omar     Abdulmajeed Wahab     Yakub Ali-Agan     Elections     Shola Odetundun     Oluwatoyin Lukman     Olatunde Oyeyiola     Sun Qing Rong     Economic And Financial Crimes Commission     Ifelodun     Saraki     Dan Masanin     Revenue Court     Ganmo     Alagbado     KW-GIS     Nurudeen Muhammed     Maigida Soludero Transit     Al-Hikmah University     NSCIA     Valsolar     Nupe     Kwara United     Bareke     Lithium     Abioye Bello     BIR     Federal Neuro-Psychiatric Hospital     Sulyman Buhari     Sambo Murtala     Gbugbu     Nigerian Correctional Service     Abegunde Goke     Yusuf Olaolu Ali