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.

Shehu Salau     Tafidan Kaiama     Mutawali     Simon Sayomi     Isiaka AbdulRazaq     V.O. Abioye     Taiwo Joseph     James Kolo     Moji Makanjuola     Talaka Parapo     Moses Afolayan     Lai Mohammed     Folashade Omoniyi     ANCOPPS     Olubukola Kifayat Adedeji     Boko Haram     Www.Kwarareports.com     Abdulrosheed Okiki     Code Of Conduct Bureau     Abdulsalam Firdaous Amosa     Adewuyi Funmilayo     Odo-Owa     Oba Abu     FERMA     Makama     Stephen Fasakin     Binta Abubakar Mora     Femtech     Bolaji Nagode     MATTA Girls Foundation     Okasanmi Ajayi     Moshood Kashimawo Abiola     Kwara 2019     Kwara State Pension Board     Yusuf Aiyedun     Sidikat Alaya     Labaeka     Wole Oke     Muritala Olarewaju     SSA Youth     Musa Aibinu     Abdulganiyu AbdulAzeez     March 18     Tafida     Tsado Manman     Mansur Alfanla     Bankole Omishore     IHS Towers     Maja     Sa\'adu Salau     Aminu Adisa Logun     Lawyers Unite Against Corruption     National Party Of Nigeria     Ishola Abdullahi     Ahmed Saidu Rufai     Jimoh Akani     Taofeeq Olateju     Ayinde Oyepitan     Shehu Adaramaja     Kwara State Printing And Publishing Corporation     Aishat Mohammed Lawal     Babajide Ajayi     Ijagbo     New Naira Notes     Kayode Alabi     Oke-Ero     Abdul-Rahoof Bello     KWASIEC     Ramat Oganija     Minister     Kabir Shagaya     Hassan Oyeleke     Yusuf Amuda Aluko     Lateef Fagbemi     Oba Abdulkadir La\'aro     Idowu Aremu     Bello Oyebanji    

Cloud Tag: What's trending

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

Oyelere Oyinloye     Pilgrims Board     Aremu Odolaye     Allocation     ARMTI     Offa Poly     Issa Memunat Moyosore     Ayeyemi Sulaiman     Bolakale Ayo     Ike Ekweremadu     Ahmed Ayinla Jimoh     Kola Bukoye     Lanre Issa-Onilu     Www.Kwarareports.com     Kwara 2019     Oyawoye     NURTW     Peter Obi     Basit Olatunji     Olaiya Zuberu     Salami Adekunle     AbdulRahman Saad     Segun Abifarin     Agbarigidoma     Ilorin Airport     Mogaji Aare     Musa Ayinla Yeketi     Offa Grammer School     Suleiman Yahya Alapansapa     Sango-UITH Road     Ibrahim Abduquadri Abikan     Salihu Ajia     Muhammed Taofeeq Abdulrazaq     Ilorin Amusement Park     Sam Onile     IQRA College     David Oyerinola Adedunmoye     Kubra Kazum     Tinubu Legacy Forum     Eleja     Seed Technologies     2023 Elections     Niyi Ogundiran     Okanlawon Musa     Shoprite     NIRSAL     Yashikira     Bibire Ajape     Laduba     Azeez Bello     Bisi Oyeleke     Mahe Abdulkadir     Abubakar Kawu Baraje     Chief Of Staff     Zulu Gambari     Bashir Adigun     A.O. Belgore     Smart School     Binta Sulyman     Ibrahim Taiwo Road     Lola Olabayo     Moses Afolayan     Olawuyi     Ilorin Emirate Staff Association     Halimah Perogi     Olatomiwa Williams     Samuel Olusegun Adedayo     Old Oyo     Ishaq Salman     Muideen Olaniyi Alalade     Habeeb Saidu     Kwara State Football Association     Tunji Ajanaku     Abdulmumini AbdulRazaq     Amosa     Arinola Lawal     Femi Agbaje