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.

Al-Hikmah Radio     Emir Of Lafiagi     Aminu Ado Bayero     COVID-19 Palliatives     Iyeru Grammar School     Gabriel Fashanu     Abdulsalam A. Yusuf     Hakeem Idris     Abdulrauf Aliyu     Moshood Mustapha     Trader Moni     Taofik Abdulkareem     Inside Kwara     Unilorin FM     Monthly Sanitation     Muhammadu Buhari     Lanre Aremu     Risikat Lawal     Akeem Olatunji     Sambo Murtala     Kwara State Coalition Of Business And Professional Associations     Logun     Abdulhakeem Amao     Aminu Adisa Logun     Kayode Yusuf     Tayo Awodiji     Clement Yomi Adeboye     Harafat E. Mukadam     Abraham Ojo     Budo Egba     Saad Belgore     Firdaos Amasa     Abubakar Kawu Baraje     Hassanat Bello     Elerinjare-Ibobo     Hamidat Sulyman-Yusuf     Atiku     Sa\'adu Salau     Folorunsho Alao     Gobir     Ethical College     Amuda Bembe     Toyin Saraki     Oba Sulaiman Asude     Kwarareports     Maimunat Oloriegbe     Ibrahim Oloriegbe     Bola Sagaya     Madawaki Of Ilorin     IFK     Suleiman Ajadi     Musibau Akanji     Ilorin West     Mahmud Ayinla Giwa     Onikijipa     Erubu Oba Zubair     Yunus Lawal     Falokun-Oja     Oluranti Idowu     Ayobami Akanbi     Ibrahim Sulu Gambari     ASUU     EndSARS     Issa Memunat Moyosore     Alabi Olayemi Abdulrazak     Sanitation Exercise     Awili Pedro     Abraysports FC     Abdulrauf Yusuf     Awodun     Taofeek Sanusi     Roseline Oni Aremu     Ayo Salami     Kunle Suleiman     Omotoso Musa     Saadu Yusuf     Village Alive Development Association    

Cloud Tag: What's trending

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

Habeeb Saidu     Abdulkadir Orire     Jamiu Oyawoye     Otunba Taiwo Joseph     Abdulkarim Adisa     Suleiman Alege Kuranga     Abdulrahman Abdulrazaq     Alikinla     Al-Hikmah Radio     Olokoba Abdullahi Ayinla     Alliance For Democracy     Emir Of Lafiagi     KWSIEC     Owo Arugbo     Olayinka Olaogun     TETFUND     Prince Mahe Abdulkadir     Gbenga Adebayo     Abdulrahman Onikijipa     Olugbense     Omotoso Musa     KWACOBPA     Ishola Moses Abiodun     Kwarareports.com     Adedipe     Atiku Abubakar     First Lady     Abdulahi Abubakar Bata     Wale Oladepo     Funmilayo Oniwa     Chief Imam Of Ilorin     Sobi     Ita-Ore     Abdulkadri Ahmad Alaiye     Radio Kwara     AIT Ilorin     Awodun     Nigeria Foundation For Artificial Intelligence     Onilupeju Of Ilupeju     Adam Abdullahi Al-Ilory     Abiodun Musa Aibinu     Magaji Nda     Afolabi-Oshatimehin Adenike Harriet     Dagbalodo     Manzuma     Assayomo     Dauda Adesola     Bio Ibrahim     Olomu Of Omu-Aran     Kayode Bankole     Matthew Okedare     Abdul-Rasheed Na\'Allah     Yetunde Balogun     Third Estate     Muhammadu Buhari     Sherif Shagaya     Dauda Adeniran Adeshola     Femi Oladiji     T And K FOODS     Kayode Zubair     Bolakale Saka     Ilorin Emirate Staff Association     Offa Grammer School     Ilofa     Sa\'adu Gambari     Okeose Christian Cementary     Ilorin General Hospital     SSUCOEN     Kamaldeen Gambari     Sambo Murtala     Yusuf Babatunde Abdulwahab     Sadiq Umar     Lanre Issa Onilu     Yahaya Abdulkareem     Kayode Ibrahim     Moronfoye     MalHub