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.

Asiwaju Bola Tinubu     Justina Oha     Ibrahim Oloriegbe     Col. Ibrahim Taiwo     TESCOM     Kunle Okeowo     Fareedah Dankaka     Omotoso     ASUU     LABTOP     Kola Olota     Iyeru Grammar School     Muhammad-Mustapha Suleiman     Raimi Iyanda     Abubakar Lah     Pakata     Abubakar Kawu Baraje     Awoye     Samuel Adedoyin     Idowu Aremu     Mope Dasuki Belgore     Haashim Initiative For Community Advancement     Volunteers Of Ilorin Community And The Emirate     Kishira     Basit Olatunji     Abdulwasiu Bolaji Adeyi     Unilorin     CCEPE     Kwara State Pension Board     Paul Odama     Kulende-UITH     Omoniyi Ayinla     IsDB     Ilorin East/South Federal Constituency     HICA     IFK     Rebecca Olanrewaju     Moshood Bakare     Academic Staff Union Of Universities     Ubandoma     Popo-Igbonna     Afetu Of Alabe     MATTA Girls Foundation     Yusuf Lanre Badmus     Rotimi Atere     Aminu Ado Bayero     Mustapha AbdulGaniyu     MINILS     Prince Bola Ajibola     Christian Association Of Nigeria     Salihu Yahaya     Ilorin East     Gbemi Saraki     Ahmed Ayinla Jimoh     Yahaya Seriki     Olokoba     Tinubu Legacy Forum     CCT     Kwara State Council Of Chiefs     Doyin Group     Adolescent Girls Initiative For Learning And Empowerment     Ope Saraki     Hassan Saliu     Elections     Mashood Abdulrafiu Agboola     Ayegbeni     Ahman Patigi     Ilorin International Airport     Valsolar     Alloy Chukwuemeka     Adamu B. Yaqubu     RTEAN     Kola Adesina     Olomu     Suleiman Rotimi Iliasu     Senate     NaAllah    

Cloud Tag: What's trending

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

Sulaiman Gado     Sunday Popo-Ola     Muslim Cementary     Hassan Abdulazeez Elewu     Saduki Lafiagi     Tinubu     Amos Bajeh     Imodoye Writer’s Enclave     Jaiz Bank     Ahmed     Minister     NURTW     AbdulRazaq Abubakar Jiddah     Federal College Of Education (Special), Afon     Baboko     Majlis For Sadaqah, Zakat And Waqf     Ahmad Ali     Muideen Olaniyi Alalade     Musa Abdullahi     Ayeyemi Sulaiman     Yusuf Abubakar     Noah Yusuf     Idris Garba     Onilorin     Sunset Workers     Rasaq Jimoh     Kpotum Mohammed Baba     HAMFAT Clinic And Maternity     Ibrahim Oniye     James Kolo     Umar Adelodun     Ibrahim Mashood     Ojuekun     Nigerian Army     Abdulmajeed Abdullahi     Afolabi-Oshatimehin Adenike Harriet     Harmony Holdings     Chief Imam Of Offa     Eleyele     Ileloke     Isiaka Saka Opobiyi     Ishak Mohammed Sabi     Ahman Patigi     Moses Afolayan     Ilota     Toyin Sanusi     Abdulrahman Abdulrasaq     Local Government     Balogin Alanamu     Dele Belgore     Ajidagba     Abdulquowiyu Olododo     Borgu     Magaji Erubu     Aso Ofi     Senate     Leke Ogungbe     Valsolar Consultoria     Mary Arinde     Mohammed Danjuma     Saliu Ajia     Abdulmumini Sanni Jawondo     Plat Technologies     Michael Imoudu National Institute For Labour Studies     Awwal Jawondo     Kwara NIPR     Shehu Alimi Foundation For Peace And Development     Musa Yeketi     Buhari     Ajasse-Ipo     Olufolake Abdulrazaq     Sola Saraki Educational Foundation     Suleiman Mora Omar     Obasanjo     Baaziki Sulaiman     Isiaka Danmeromu     Jide Oyinloye