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.

Kwara Hotel     Guber Aspirant     KWSUED     Muftau Akanbi Oke     Muhammed Danjuma     Abdulhakeem Adelaja Amao     Ahmed Dankaya     Bond     Olomu Of Omu-Aran     Kwara State Television (KWTV)     Makama     Paul Odama     Iqra Books     Amasa     Raliat AbdulRazaq     NITDA     Muyiwa Oladipo Kanu     Ibrahim Abikan     Shettima Of Ilorin     Sobi     Yahaya Dumoye     COVID     Revenue Court     Suleiman Rotimi Iliasu     Bankole Omishore     Abatemi-Usman     Dar-Al-Handasah Consultants Ltd     IESA     Saka Abimbola Isau     Odo-Owa     Alikinla     Alaiye     Yusuf A. Usman     Wahab Olasupo Egbewole     Ilorin Muslim Community     Oniwasi Agbaye     Suleiman Yahya Alapansapa     Olateju Lukman     Haruna Olawale Sulaiman     Kubra Kazum     Abdulmajeed Abdullahi     Congress For National Consensus     Muhammadu Gobir     Rotimi Atere     Umar Ayinla Saro     Suleiman Mora Omar     Eghe Igbinehin     Ayedun     Gobir     Baba Issa     Jeunkunu-Malete-Bani     Raliat Elelu-Habeeb     Charles Ibitoye     Mohammed Ghali Alaaya     Quran     Ariyo     Aiyedun     Fatimoh Lawal     MMWG     Toyin Abdullahi     Ministry Of Women Affairs And Social Development     Babajide Ajayi     Muhammad Mustapha Suleiman     Olabanji Orilonishe     Babs Iwarere     Nupe     Abdullahi Adisa Akodudu     Labaeka     NIPR     Binta Abubakar-Mora     Agbarigidoma     Hassanat Bello     Salman Suleiman     Rafiu Ajakaye     Oba Abu     Pakata Development Association     MINILS    

Cloud Tag: What's trending

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

Abdulrahman Abdulrazaq     Towobola Abdulrahman Toyin     Hamza Usman     Aso Ofi     Mopelola Abdulmaliq-Bashir     Abdulkareem Alabi     Omar Bolaji Gambari     Ahmad Uthman     Frootify     Computer Based Test     Babata     Oya State     Al-Adaby     Moses Salami     Alfa Modibo Belgore     Rabiu Kwankwaso     LEAH Charity Foundation     Elerin Of Erin-Ile     Hajj     Sarkin Malamai     Abdullahi AbdulMajeed     Ayedun     Saliu Alamoyo     Geri-Alimi Split Diamond Interchange     Inside Kwara     Oyedepo     Abubakar Abdulraheem     Mufti Of Ilorin     Rex Olawoye     Yemi Sanni     Awoye     Old Oyo     Park     Valsolar Consortium     CUTI     Muslim Stakeholders Of Kwara State     Women Radio     Siraj Oyewale     Tunde Akanbi     Obayomi Azeez     Abiodun Musa Aibinu     LABTOP     Saad Omo\'ya     Prince Sunday Fagbemi     John Kehinde Salako     Hameed Oladipupo Ali     COVID-19 Palliatives     Al-Ilory     Manzuma     Aisha Ahman-Pategi     Aishat Sulu-Gambari     Ado Ibrahim     Nupe     Oba Abdulrahim     IPSAS     Sabo-Oke     Esinrogunjo     Kamaldeen Kehinde     Abdulrauf Aliyu     Chikanda     Nigerian Correctional Service     Moses Afolayan     David Adesina     Zaratu Umar     Tsaragi     Sherif Sagaya     Ibraheem Abdullateef     GGDSS Pakata     QuickWin     College Of Education     Budo Egba     Tanke Road     George Funsho Adebayo     Kwara Volleyball Association     Dagbalodo     Yinka Aluko     Oluranti Idowu