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.

Lawyers Unite Against Corruption     Sam Okaula     Lucky Omoluwa     Ben Duntoye     Salake     CKNG     Air Peace     Abubakar Baba     Okala Baba     Ademola Kiyesola     NIPOGA     Assayomo     Esinniobiwa Quareeb     Iyiola Oyedepo     Bolakale Saka     Budo Egba     Aliyu Alhassan     Yekini Adio     Magaji Nda     Moremi High School     Issa Baba     Yahya Mohammed     Okin Biscuit     Razaq Ayobami Akanbi     Kwara State Health Insurance Agency     Olokoba Sulyman     Funmilayo Isiaka Oniwa     Afolabi-Oshatimehin Adenike Harriet     Muslim Cementary     Olaiya Lawal     Yusuf AbdulRasheed     Afusat Nike Ibrahim     Salihu Yahaya     Umar Ahmed Gunu     Ile Arugbo     Timothy Olatunde Fadipe     Taibat Ayinke Ahmed     United Nigeria Airline     Gambari     Bankole Omisore     Ndakene     Raimi Iyanda     John Kehinde Salako     Fatimoh Lawal     Wole Oke     Marafan Shonga     Tunji Oyawoye     NSCIA     Yusuf Amuda Abubakar     Adamu B. Yaqubu     TIC     Firdaos Amasa     Olabode Towoju     NITDA     Mahfouz Adedimeji     Suleiman Mora Omar     Share/Tsaragi     Zubair Folorunsho Erubu     Saliu Tunde Bello     Muhammadu Gobir     Muslim Media Watch Group Of Nigeria     Garba Ayodele Wahab     Rice Farmers Association Of Nigeria     Aro Yahaya     JMK Construction Company Limited     Face Masks     Special Agro-Industrial Hub     Playing Host     Bola Sagaya     Bayo Ojo     Marufat Oladosu     Lai Gobir     Muhammad Ghali Alaaya     Arandun     Odogun Olushola Gabriel     UNIFEMGA     Adamu Jemilat-Baki    

Cloud Tag: What's trending

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

Olofa Of Offa     Alao Ayotunde     Oloje     Kehinde Boyede     Salihu Jibril Garbi     Moses Rahman Popoola     Tunji Folami     Wahab Egbewole     Olajumoke Monsura Gafar     Sardauna Of Ilorin     Tanke Road     Laolu Saraki     Junior Secondary School Certificate Examinations     Wasiu Odewale     Aliyu Olatunji Ajanaku     Lai Gobir     Yusuf Abdulwahab     Olatunde Jare     Okin Biscuit     Azeez Bello     Michael Nzekwe     Abdulrazaq Solihudeen     Al-Adaby     KSIRS     Bureau Of Lands     ER-KANG     Ayedun     Yusuf Abubakar     V.O. Abioye     Rafiu Olasile     Ibrahim Agboola Gambari     Abiodun Oyedepo     Mahmud Ayinla Giwa     Aminat Omodara     Ambassador Kayode Laro     UNIFEMGA     Kamaldeen Kehinde     Chief Of Staff     Isiaka Saka Opobiyi     Nigeria Governors\' Forum     Kwara State Fire Service     Aisha Ahman-Pategi     Abdulkadir Jimoh     Hijaab     Harmony Holdings     Al-Hikmah Radio     Jumoke Gafar     Chartered Institute Of Personnel Management Of Nigeria     07039448763     Abdulrazaq Aiyelabegan     Aremu Odolaye     Wahab Abayawo     A.E. Afolabi     Oni Adebayo     Bashirat Bola Bello     Kale Bayero     Kwara State Printing And Publishing Corporation     Tunji Moronfoye     Micheal Imodu-Ganmo Road     Col. Adedipe     Alfa Belgore     Isiaka Danmeromu     JUSUN     Afusat Nike Ibrahim     Hassanat Bello     Kwara State Infrastructure Development Fund     Hausa     Congress For National Consensus     Agboola Babatunde     Matthew Babaoye     Assayomo     Offa Grammer School     Abdulazeez Uthman     Sheikh Ariyibi     All Confederation Of Principals Of Secondary Schools     Joseph Yemi Ajayi     Federal Polytechnic Offa