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.

Mohammed Abduraheem     ENetSuD     Mazars Consulting     Saliu Ajia     Saad Omo Iya     Kwara Polytechnic     Saka Onimago     IESA     Jebba     Kwara State Council Of Chiefs     Oke-Ode     Sulaiman Gado     Wahab Egbewole     Budo Egba     Jimoh Bashir     Ilorin Curfew     Ibrahim Abdulkadir Abikan     Innocent Okoye     Olushola Saraki     Adeniyi Ojo     Emir Of Ilorin     Osinbajo     Emir Of Kano     Aminu Ado Bayero     11th Galadima     Hamidat Sulyman-Yusuf     Iyaloja-General     Manzuma     Mufti Of Ilorin     Gbemisola Saraki     Afonja     Oro Grammar School     Kwara State Infrastructure Development Fund     Mohammed Halidu     Bolakale Saka     Abdulkadri Ahmad Alaiye     Baruba     Oye Tinuoye     Farouk Salim     Kwara State Health Insurance Agency     Kunbi Titiloye     Harmony Holdings     David Oyerinola Adedunmoye     Kayode Ibrahim     KWASSIP     Okanlawon Musa     Kwara Liberation Group     Aliyu Adebayo     Abegunde Goke     Oba Of Jebba     Mahfouz Adedimeji     Oba Abdulraheem     Emir Of Shonga     Abubakar Baba     Usman Alkali Baba     Joseph Alex Offorjama     Olaoye B. Felix     Olaiya Victor Mobolaji     Umar Adelodun     Joseph Offorjama     Kwarareports.com     Eleja Taiwo Banu     General Tunde Idiagbon International Airport     Yoonus Lawal     Afolayan     Salman Jawondo     Revenue Court     Okin Biscuits     Yinka Aluko     Kwara State Government     PAACO-PCL Consortium     General Hospital     Dasuki Belgore     N-Power     Salau Kabiru Abdullahi     Ademola Kiyesola     Ibrahim Abikan    

Cloud Tag: What's trending

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

Umar Ahmed Gunu     Olota Of Odo-Owa     Adamu Ibrahim Sabi     Adesina Simon Sodiya     Mumeen Lah     Hydro-electric Power Producing Areas Development Commission     Aremu Odolaye     Kwabes     Matthew Okedare     CELF     Pakata Patriots     Mukhtar Shagaya     Abdullahi AbdulMajeed     Basit Olatunji     Iyaloja-General     Apata Ajele Secondary School     Dan-Kazeem     Obuh     Temi Kolawole     Sai Kayi     Tunde Idiagbon Road     Afeyin-Olukuta     Baruten     Yusuf Abubakar     FERMA     Henry Olaosebikan     Aishat Sulu-Gambari     Kwara State Sports Commission     Elerinjare-Ibobo     Jaiz Bank     GANZY     Modibbo Kawu     20 Billion Bond     Olabanji Orilonishe     JSSCE     Olatunde Olukoya     Sidikat Uthman Ajibola     Olatomiwa Williams     Bello Oyedepo     Sarah Jubril     Bahago     Ballah     Mamatu Abdullahi     Kamaldeen Ajibade     Oba Mogaji Abdulkadir     Abiodun Musa Aibinu     Mohammed Ghali Alaaya     Woro     James Ayeni     Logun     Kudirat Arinola Lawal     Gambari     Pius Abioje     Ganmo     Fatai Olodo     Mamman Saba Jibril     Nigeria Computer Society     Magaji Are     Umar Saro     Femi Agbaje     Kwara State Television (KWTV)     Hamidat Sulyman-Yusuf     Olofa Of Offa     Ibrahim Oloriegbe     Bolakale Kawu     Afolayan     Salau Kabiru Abdullahi     Centre For Digital Economy     Paul Odama     Isiaka Abdulrazak     Umar Danladi Shero     Iyabo Adisa Ibiyeye     Government High School Adeta     Bashiru Makama     Najim Yaasin     Alumni Association Of The Federal Polytechnic Offa     Kazeem Adekanye