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.

Muhammad-Mustapha Suleiman     Kazeem Gbolagade     United Nigeria Congress Party     Read With Me     Afeyin-Olukuta     Lukman Oyebanji Fagbemi     Garba Dogo     Okedare     Emir Of Ilorin     Mahmud Ayinla Giwa     Abubakar Abdulraheem     Kuliyan Geri     Code Of Conduct Bureau     Madawaki Of Ilorin     Belgore     Kwara Muslim Pilgrims Welfare Board     Gbemisola Saraki     Niyi Ogundiran     Nigeria Computer Society     Ahmed Mohammed Rifun     Oluwole Dupe     Razaq Ayobami Akanbi     Bello John Olanrewaju     HAMFAT Clinic And Maternity     Mashood Dauda     Ayinke Saka     Javed Khan     Olatunji Ibrahim     AGM Professional Services     JAAC     Tayo Awodiji     Lawan     Halimat Yusuf     Ajasse-Ipo     Orisun Igbomina     Hamidu Olowo     Jani Ibrahim     Wasiu Odewale     Kisira     Yahaya Muhammad     Ilorin Talaka Parapo     Afetu Of Alabe     Abdulsalam Firdaous Amosa     Olofa Of Offa     Idofin     Abdulkarim Adisa     Yashikira     Frootify     Aliyu Kora Sabi     Kwara United     Lawyers Unite Against Corruption     TIIDELab     Yoruba     Ogidi-Oloje     Abdulrahman Abdulrasak     Saudat Abdulbaqi     Mufutau Olatinwo     Baba Issa     Wahab Issa     Sarah Alade     Adama Isa     Amina El-Imam     Ayegbeni     Daud Adeshola     JAMB     Tanke Road     Mustapha AbdulGaniyu     Neuropsychiatric Hospital     Azeez Salawu     Ramadhan     Saka Abimbola Isau     Alapado     Olatunji Bamgbola     Oba David Oyerinola Adedunmoye     Ibraheem Abdullateef     Ajibola Ademola Julius     Ajakaye    

Cloud Tag: What's trending

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

Cassava Growers\' Association     Toun Okewale-Sonaiya     Abubakar Atiku     Aisha Abodunrin Ibrahim     Ilorin Airport     Abubakar Suleiman     Saeedat Aliyu     EFCC     Chief Imam Of Offa     Olawuyi     Ilorin     Abdulrahman Iliasu     Abdulwahab Olarewaju Issa     NIPOGA     Eghe Igbinehi     Hassan Saliu     Shonga Farm Project     Ishaq Salman     Kwara 2019     Irepodun     Oloyede     Iqra Books     Al-Ilory     Tunji Oyawoye     Shehu Adaramaja     AGILE Programme     Amina El-Imam     Dagbalodo     KWASIEC     Sebastine Obasi     Tunji Folami     Jaigbade Alao     AbdulRauf Keji     Femtech     HAMFAT Clinic And Maternity     Kayode Ibrahim     Ayodele Shittu     Hamid Bobboyi     Centre For Community Empowerment And Poverty Eradication     Umar Yakubu Jaja     Aso Ofi     Oluwarotimi Boluwatife Adenike     Sa\'adatu Modibbo-Kawu     Zaratu Umar     Abubakar Baba     Hamidu Olowo     Ahmed Shuaib Buranga     Neo Mundo Ltd     Plat Technologies Limited     UNIFEMGA     Bashirat Bola Bello     Face Masks     Yakubu Mohammed Abdullahi     Hajj     MalHub     Balikis Jawondo     Babaloja-General     Saka Balikis Kehinde     Timothy Akangbe     Omotoso Musa     Bello John Olanrewaju     Kwara Apc     Abdulrahman Abdulrasak     Universal Basic Education Commission     Magaji Erubu     Niguel Gallando Marcias     High Court     Naira Redesign     Busari Toyin Isiaka     Nigerian Medical Association     Rebecca Bake     Mohammed Alabi Lawal     Kehinde Boyede     Ajase-Ipo     Suleman Abubakar     Solomon Edoja     Justina Oha