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.

Olohungbebe     Afeyin-Olukuta     Albert Ogunsola     Mohammed Abduraheem     Jumoke F. Ajao     Raji Ayodele Kamaldeen     Olawuyi     COEASU     Akanbi-Oke     Labaeka     Umar Ahmed Gunu     Third Estate     Sherif Sagaya     Islamic Development Bank     Ilofa     Ilorin Emirate Staff Association     Hassanat Bello     Aliyu Kora Sabi     Ishola Balogun Fulani     Babatunde Ishola Babaita     LABTOP     Paul Odama     Kolawole Bashirat     Ahmad Ali     Clement Yomi Adeboye     Olusin Of Ijara Isin     General Hospital, Offa     Afolayan     Nigeria Customs Service     Danhawa     Buhari     Reuben Paraje     Oluronke Adeyemi     Ilorin Like-Minds     TESCOM 2025     Sheikh Ariyibi     Saba Jibril     Suraj Tunji Oyewale     Kwara Politics     Zulkifli Ibraheem     Chief Imam Of Ilorin     Olabode George Towoju     Alfa Yahaya Road     Okin Group     Smart School     AbdulQowiy Olododo     Charcoal     Irepodun     Clara Nwachukwu     Kwara NIPR     Mohammed Danjuma     Share-Tsaragi     Kwara State Coalition Of Business And Professional Associations     Labour Party     Sunset Workers     Sardauna     Ajeigbe     Muftau Akanbi Oke     Elerinjare     Ibrahim Abdulkadir Abikan     Offa Poly     Tunde Akanbi     Garuba Alikinla Shittu     IESA     Guber Aspirant     Sam Okaula     Ile Arugbo     Federal College Of Education (Special), Afon     Makama     Yusuf Lawal     Yusuf Abdulraheem     Code Of Conduct Tribunal     Senate Presidency     Popo-Igbonna     Laolu Saraki     Quarry Royal Valley     Radio SBS    

Cloud Tag: What's trending

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

Guber Aspirant     Ishaq Abdulkarim     Kola Adesina     Ayobami Akanbi     Oko-Olowo     Kayode Oyin Zubair     Shehu Alimi Foundation     Abdulrazak Shehu Akorede     Seni Saraki     Babatunde Idiagbon     Olatunde Michaels     Monthly Sanitation Exercise     Wasiu Onidugbe     All Peoples Party     Saka Saadu     New Naira Notes     CCT     Mukhtar Shagaya     Share     IESA     Tunji Arosanyin     Arik     KwaraLearn     Eruku     Ahmad Fatima Bisola     Ajase-Ipo     Sardauna     Rebecca Olanrewaju     AbdulRahman Saad     Doyin Awoyale     Michael Nzekwe     Solomon Edojah     A.E. Afolabi     Raji AbdulRasaq     Yusuf A. Usman     Kawu     Anilelerin     Muhammadu Gobir     Emir Of Ilorin     Ilorin Curfew     Oyelere Oyinloye     Mohammed Abduraheem     Old Oyo     Kwara Basketball Association     Oluranti Idowu     Ilorin Airport     Baba Isale     Kwara South     Mohammed Lawal     Christian Association Of Nigeria     Muslim Stakeholders Of Kwara State     Park     Timothy Olatunde Fadipe     Babaloja-General     Sam Okaula     Tsaragi     Bola Olukoju     Sadiq Umar     Sulyman Abdulkareem     Suleiman Abubakar     Ahmed Saidu Rufai     Yusuf Amuda Abubakar     Tafidan Kaiama     Abdulmalik Bashir Mopelola Risikatullahi     Saka Aleshinloye     Mustapha Akanbi     Alabe     Boko Haram     Yoonus Lawal     Mumeen Lah     Yahaya Abdulkareem Babaita     HAMFAT Clinic And Maternity     T And K FOODS     United Nigeria Congress Party     Buhari     Bibire Ajape     Afolabi-Oshatimehin Adenike Harriet