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.

Yusuf Ibitokun Sherifat     Bayo Ajia     Elelu     Tanke Flyover Bridge     Iyabo Adewuyi     Ayobami Akanbi     Shuaib Olarongbe     Ilesha-Gwanara     COEASU     Garba Ado Sanni     Salihu S. Yaru     Oloyede     Yakub Lai Gobir     AIT Ilorin     Elewu     Monsurat Omotosho     PharmAccess Foundation     Wahab Egbewole     UNIFEMGA     Kazeem Gbolagade     Haruna Olawale Sulaiman     Ganmo Power Sub-Station     Aremu Bose Deborah     Quareeb Islamic Association     Ella Supreme Tissue Paper     Magaji Nda     COVID-19 Palliatives     Unilorin FM     Principal Private Secretary     Ajakaye     Oyeyemi Olasumbo Florence     Joseph Offorjama     Isau     Olatunji Moronfoye     Ilorin East     Firdaos Amasa     Kwara State Pension Board     Sunset Workers     Demola Banu     Babaloja-General     Malete     AbdulQowiy Olododo     Oniwasi Agbaye     Joseph Yemi Ajayi     Medinat Folorunsho Salman     Kayode Ogunlowo     KFA     Olatunde Jare     Zainab Abass     Ita-Ore     Earlyon Technologies     Ilorin Water Reticulation     Aisha Buhari     Pakata Patriots     Babajide Ajayi     Lotus Bank     Mubarak Oladosu     Shehu Salau     Flights To Ilorin     Kawu     Oba Abu     Ambassador Kayode Laro     Saka Keji     Mohammed Halidu     Vasolar-Kwara Company Ltd     Mope Dasuki Belgore     Woro     Olaosebikan     Sulyman Buhari     Kwara State Infrastructure Development Fund     Abdulhakeem Adelaja Amao     Offa Poly     Umar Saro     Bilikisu Gambari     Sabo-Oke     Hauwa Nuru     Oke-Kura    

Cloud Tag: What's trending

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

Economic And Financial Crimes Commission     Ramat Oganija     Societe Generale Bank Of Nigeria     Sardauna     Kwara Consultative Forum     Alimi     Haleeman Salman     Yahaya Seriki     Dasuki Belgore     Old Oyo     Hussein Oloyede     Elerin Of Erin-Ile     Kwara State University Of Education     Olatunde Jare     Bamidele Aluko     NFAI     Aso Ofi     Kwara 2015     Okin Malt     Government High School (GHS), Adeta     Yusuf Babatunde Abdulwahab     Razaq Atunwa     Air Peace     Muhammed Taofeeq Abdulrazaq     Police Commissioner     Babatunde Idiagbon     Rachael Obisesan     AGF Abdulrazaq     Zara Umar     Jumoke Gafar     Chemiroy Nigeria Limited     Na\'Allah     Igosun     John Kehinde Salako     Ajakaye     MAI Akande     Joseph Offorjama     Mustapha Akanbi     Amosa     IESA     Kwara Politics     Muhammadu Gobir     M.Y. Abdulrahaman     Kassim Babamale     Orisun Igbomina     20 Billion Bond     Kwara Volleyball Association     IHS     Abubakar Aliagan     Bolaji Abdullahi     Rabiu Kwankwaso     Usman Rifun     Millennium Development Goals     N-Power     Ibrahim Abikan     Barakat Community Secondary School     Abdullahi G. Mohammad     REO CAKES     Saidu Kawu     Mubarak Oladosu     Raimi Iyanda     Ubandoma Of Ilorin     Ilorin Water Reticulation     Jumoke Monsura Gafar     KWTV     Makama     Bukola Saraki     Kwara-SAPZ Project     Oko-Olowo     Shururat Olatinwo     Ohoro Of Shao     Abdulfatah Ahmed     Vasolar Consultoria     Esinniobiwa Quareeb     Mohammed Danjuma     Oyedepo     Javed Khan