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.

Abdulfatai Salman Baakini     Adeniyi Ojo     Ilorin General Hospital     Federal Polytechnic Offa     Manzuma     Twitter     IYA ALFA NLA     ASKOMP     Bamidele Adegoke Oladimeji     Jumoke Gafar     Yahaya Seriki Gambari     Mope Dasuki Belgore     Taofeek Ibraheem     ER-KANG Mining Nigeria Company Limited     Wale Oladepo     Olaiya Victor Mobolaji     Saka Adeyemo     Raliat Elelu-Habeeb     Islamiya Abdulraheem     Christopher Tunji Ayeni     Oluronke Adeyemi     Hydro-electric Power Producing Areas Development Commission     Dogara     NFAI     Rasheed Jimoh     Suleiman Idris     Colleges Of Education Academic Staff Union     Kwara State Television (KWTV)     Saadu Alanamu     Osi     Neuropsychiatric Hospital     Mohammed Yisa     FERMA     Bamidele Adegoke     Demola Banu     Ilesha-Baruba     Yusuf Abdulwahab     Kayode Laro     S.O. Opowoye     Atiku     Sayomi     2023 Elections     Bolakale Saka     Freshvine Nigeria Limited     Agboola Babatunde     Bayo Ojo     08001000100     Joseph Alex Offorjama     Bilikisu Gambari     Ademola Kiyesola     Kawu     Ilorin South Constituency     TVC Female National Debate     Abdulganiyu Oladosu     General Hospital, Ilorin     Fatai Adeniyi Garba     Yekeen Alabi     Olatinwo     Olatunde Olukoya     Suleiman Yahya Alapansapa     Afolabi-Oshatimehin     Yoonus Kola Olatinwo     Kwara State Polytechnic     Adesoye     Magaji Erubu     Kola Bukoye     Popo-Igbonna     Tunji Olawuyi     Sulyman Atolagbe Alege     UTME     Teachers Specific Allowance     Abdulrazaq Aiyelabegan     Ilorin Curfew     Jide Oyinloye     Bank Of Industry     Abdulraheem Olesin     Sherif Sagaya    

Cloud Tag: What's trending

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

Isapa     Centre For Peace And Strategic Studies     Afetu Of Alabe     All Confederation Of Principals Of Secondary Schools     Kazeem Oladepo     Prince Bola Ajibola     Ilorin Like-Minds     Salmon Babatunde Salmon     Awodun     NITDA     Ijagbo Health Centre     Kayode Oyin Zubair     Peculiar Allowance     Kisra     Dauda Adesola     Ilorin Central Mosque     07039448763     SGBN     Suleman Abubakar     Elerin Of Adanla Irese     Lithium Deposit     Olokoba     Revenue Court     Raymond Olaitan     Tayo Alao     Muhammad-Mustapha Suleiman     Mike Omotosho     Isiaka Gold     Garba Dogo     Ajeigbe     Senate President     V.O. Abioye     Tanke     Nigeria Computer Society     Vasolar Consortium     Fola Consultant     Kisira     Nurudeen Muhammed     Seni Saraki     Ope Saraki     SARS     Yusuf A. Usman     Olusin Of Ijara Isin     Obayomi Azeez     Abubakar Abdulraheem     Mansurat Amuda-Kannike     Kwara State Infrastructure Development Fund     Elerinjare-Ibobo     Elerin Of Adanla     Sobi Specialist Hospital     Yusuf Ibitokun Sherifat     Yeketi     Tayo Awodiji     Communication Network Support Services     Idris Garba     Olomu     Durbar     Shururat Olatinwo     Saad Omo\'ya     Ilorin Emirate Staff Association     Yekeen Alabi     Henry Olaosebikan     Riskat Opakunle     Senior Ibrahim Suleiman     Iyabo Adisa Ibiyeye     Ilorin West     AGM Professional Services     Ibrahim Bio     Sulyman Atolagbe Alege     Olatunde Olukoya     Egbewole     Owode Market     Haruna Olawale Sulaiman     Funmilayo Isiaka Oniwa     Balogun Ajikobi     Yoonus Kola Olatinwo     Twitter