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.

Mufutau Gbadamosi Esuwoye     Kulende-UITH     Mamman Saba Jibril     Shaaba Lafiagi     N-Power     Okin Malt     LEAH Charity Foundation     Kayode Ogunlowo     Ubandoma     Florence Saraki     Universal Basic Education Commission     Afetu Of Alabe     Sa\'adu Salahu     Olawuyi     Musa Yeketi     Yemi Osinbajo     Ike Ekweremadu     Ganiyu Abolarin     Abdulahi Abubakar Bata     Joseph Alex Offorjama     Kamaldeen Ajibade     Kamaldeen Gambari     Undergraduate Bursary     Sherif Shagaya     Haruna Tambiri Mohammed     Abubakar Olusola Saraki     Mamatu Abdullahi     Mohammed Abduraheem     Balogun Ajikobi     Ramadhan     Egbejila     Katibi Ibraheem Adeola     Abdullahi Adisa Akodudu     Durosinlohun Atiku     Earlyon Technologies     Monkey Pox     Elerin Of Erin-Ile     Hijaab     Abdulsalam Firdaous Amosa     Ilorin Curfew     Omupo     Hassan Saliu     Lanre Issa Onilu     Elerinjare-Ibobo     Ado Ibrahim     Kale Bayero     Taofik Abdulkareem     Jeunkunu-Malete-Bani     Aisha Ahman-Pategi     Oko     Ajike People Support Centre     Samuel Olusegun Adedayo     Amoyo     Face Masks     Ahmed Mohammed Rifun     Kumbi Titiloye     Baba Idris     Yusuf Amuda Aluko     Kudirat Arinola Lawal     Balogun-Ojomu     Vasolar Consultoria     Maigidasanma     Ajeigbe     Saka Aleshinloye     Just Law Forum     Kayode Ibrahim     Chemiroy Nigeria Limited     Pilgrims Board     Sa\'adu Gambari     Umar Bayo Abdulwahab     Osuwa     Elerinjare     Galadima     Idofin     Kwara State Polytechnic     Nurudeen Muhammed     Shonga    

Cloud Tag: What's trending

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

Muhammad Ghali Alaaya     George Funsho Adebayo     Onikijipa     Jaiz Bank     Oyawoye     Rueben Parejo     Ibrahim Mohammed     Shettima     Lithium Deposit     Olosi Of Osi     Kaiama     Amule Elementary School     Abdulkadir Remi Hawawu     Ohoro Of Shao     Suleiman Yahya Alapansapa     Ilota     Abdulbaqi Jimoh     Olabode George Towoju     Fatai Olodo     Erin-ile     Daud Adeshola     Iqra Books     Oladipo Akanmu Tolani     Habeeb Saidu     Atiku Abubakar     Okasanmi Ajayi     Kwara Poly     KFA     Crystal Corner Shops     Adekunle David Dunmade     CLAY POT     Wahab Abayawo     Musa Alhassan Buge     Abdulfatai Baakini     Idowu Laro     Smart School     Sheikh Ridhwanullah     CCEPE     Abdulsalam A. Yusuf     Kolade Solagberu     Zubair Folorunsho Erubu     AbdulRazaq AbduMajeed Alaro     EFCC     School Of Nursing     Ilorin Talaka Parapo (ITP)     Agor Market     Abdullahi Adisa Akodudu     Tinubu     Abdulkadir Akanbi-Oke     George Innih     Omotoso Musa     Adeola Abraham     Simeon Sayomi     HYPPADEC     Agbarere     Egbewole     Alimi Abdulrazaq     Shuaibu Yaman     Rebecca Olanrewaju     Hausa     Bilikisu Gambari     Government Girls’ Day Secondary School Pakata     Mamatu Abdullahi     Galland Marcias     Olatunji Ibrahim     Dairo Kunle Paul     Asa     Iyabo Adisa Ibiyeye     Olota Of Odo-Owa     Kwara Teaching Service Commission     Abdulwahab Ololele     Agboola Babatunde     Opaleke Bukola Iyabo     Olateju Lukman     Mashood Dauda     Isapa     Sayomi