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.

Communication Network Support Services     Aliyu Olatunji Ajanaku     LEAH Charity Foundation     Halimat Yusuf     Jalala     Segun Ogunsola     Olatunde Oyeyiola     Seni Saraki     Danhawa     Mansurat Amuda-Kannike     Muhammed Akanbi     Iyiola Oyedepo     Royal FM     Wale Oladepo     Kunle Okeowo     Fatai Adeniyi Garba     Toyin Abdullahi     KW-GIS     Oluwarotimi Boluwatife Adenike     Olusola Saraki     Hydro-electric Power Producing Areas Development Commission     Peter Amogbonjaye     Olaiya Victor Mobolaji     Wakilin Mata Lafiagi     Kwara State Television (KWTV)     Habeeb Saidu     Aliyu Muhammad Saifudeen     Saliu Alamoyo     Alimi Abdulrazaq     Deji Ajani     Eghe Igbinehin     Durosinlohun Kawu     Aisha Ahman-Pategi     CLAY POT     Adesoye College     A.O. Belgore     Ilorin Talaka Parapo     Hassan Saliu     Mohammed Halidu     Government High School Adeta     General Hospital, Offa     Afusat Nike Ibrahim     Ghali Muhammed     Saba Mamman Daniel     Awili Pedro     Abraham Ojo     Alaro     Agbarere     KWAFFA     Alaiye     Muritala Awodun     Nigerian Army     Taofeek Sanusi     Vasolar     Omoniyi M. Ayinla     Assayomo     Omoniyi Ayinla     Elekoyangan     Vasolar-Kwara Company Ltd     IQRA College     Ado Ibrahim     National Information Technology Development Agency     Abdulquawiy Olododo     Ramat Oganija     Olugbense     Mohammed Khadijat Kubura     Ijagbo     Sidikat Alaya     Oluwatoyin Lukman     Abdulwahab Oba     Funke Adedoyin     KWASIEC     Madawaki     Stephen Fasakin     Funmilayo Braithwaite     Oke-Kura     Abdulkareem Alabi    

Cloud Tag: What's trending

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

Ahmed Ayinla Jimoh     Prince Mahe Abdulkadir     Sheriff Shagaya     KWIRS     SSUCOEN     TVC Female National Debate     Gbemisola Oguntimehin     Egbewole     Shoprite     Rafiu Ibrahim     Baba Idris     Hijaab     Kannike     Suleiman Rotimi Iliasu     Yusuf Abdulraheem     Omoniyi M. Ayinla     Vasolar     Rafiu Ajakaye     Aisha Buhari     Olatunde Olukoya     Rotimi Atere     Sabo-Oke     Babajide Ajayi     Taiwo Joseph     Okedare     Umar Ahmed Gunu     Sheikh Alimi     Kwara 2023     Yusuf A. Usman     Rabiu Kwankwaso     Femi Ogunsola     Wole Oke     Abdul-Rasheed Na\'Allah     Rashidi Yekini     Kola Olota     Aliyu Adebayo     Paul Odama     Najim Yaasin     Mohammed Yisa     Ibraheem Adeola Katibi     Makama Of Ilorin     Sarkin Malamai     Nigerian Medical Association     Afin Descendants Union Of Odo-Owa     Innocent Okoye     Joseph Bamigboye     Ishaq Oloyede     Toyin Sanusi     Olateju Lukman     Eghe Igbinehi     Ibrahim Abikan     Binta Abubakar-Mora     Frootify     Olomu     Sulyman Age AbdulKareem     Sun Qing Rong     Ishaq Abdulkarim     Tunde Akanbi     Apata Ajele Secondary School     Abubakar Abdulraheem     Ahmed Idris Mohammed     Sarakite     Kwara Restoration Project     Habeeb Saidu     Salaudeen Oyewale     Kunle Okeowo     Olufolake Abdulrazaq     Oba Abdulraheem     Olosi Of Osi     Tinubu Legacy Forum     Kwara United     Kwara 2015     Isiaka Gold     IHS Towers     Amuda Musbau     Osuwa     Elerinjare