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.

Bayo Mohammed Onimode     Sheikh Ridhwanullah El-ilory     Veterinary Teaching Hospital     Laolu Saraki     Bola Iyabo Ibiyeye Adisa     Joana Nnazua Kolo     Egbejila     Adesoye College     Tunde Oyawoye     Kwara Politics     Ibrahim Agboola Gambari     Pilgrims Board     Alao Ayotunde     Ayekale     Saad Omo Iya     Kwarareports.com     QuickWin     Jumoke Gafar     Oyin-Zubair     Ubandawaki     Tunde Idiagbon Road     Joseph Alex Offorjama     MINILS     Oasis Muslim Care Foundation     Arca Santa     Samuel Adedoyin     Shonga Farm Project     Khadijat Ayoola Yusuf     Young Progressives Party     Olatunde Oyeyiola     Habeeb Saidu     Ibrahim Abiodun     Abdulkareem Alabi     Ishola Balogun Fulani     Funmilayo Braithwaite     Halidu Danbaba     Laduba     Kwabes     Tosin Saraki     Ilorin South     Bello John Olanrewaju     Yusuf Ibitokun Sherifat     Sun Qing Rong     Theophilus Oyebiyi     Monsurat Omotosho     United Nigeria Congress Party     Shettima Of Ilorin     Ethical College     Admiralty Villa     Moshood Bakare     Eleja     Maigida Soludero Transit     Saadu Alanamu     Offa Descendants Union     Is\'haq Modibbo Kawu     Kale Bayero     Tsaragi/Share     Hassan A. Saliu     Obasanjo     Abdulrazaq Sanni     Tsado Manman     Olaiya Victor Mobolaji     Sango-UITH Road     Sam Okaula     Kwara Polytechnic     Moses Rahman Popoola     Kamaldeen Gambari     Isiaka Saka Opobiyi     Government Girls’ Day Secondary School Pakata     Gbenga Adebayo     Kwara Primary Health Care Development Agency     Mohammed Yisa     Olatunde Olukoya     Musibau Akanji     Adaramaja     Mustapha Olanipekun     Gbemisola Oguntimehin    

Cloud Tag: What's trending

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

ASKOMP     Sulyman Buhari     Democracy Day     Aishatu Ahmed Gobir     Lafia Aliyu Korasabi     Abubakar Bature Sulu-Gambari     Chemiroy Nigeria Limited     Toyin Saraki     Ajibola Saliu Ajia     Femi Oladiji     LEAH Charity Foundation     Abdullahi Samari     Kwara Basketball Association     Bankole Omishore     Kuliyan Geri     Pacify Labs     Mutawali     Umar Adelodun     Www.Kwarareports.com     March 18     Ayotunde Emmanuel Alao     James Ayeni     Pius Abioje     Binta Sulyman     General Hospital     Ubandoma     Bola Magaji     Admiralty Villa     Ojuekun Sarumi     Lanre Olosunde     Oyin-Zubair     Agor     Kayode Ishola     Olatunji Ayeni     Adedipe     JAAC     Edret Sabi Abel     Jelili Yusuf     Yakub Ali-Agan     Monsurat Omotosho     KFA     Third Estate     Olusegun Adeniyi     Ibrahim Kayode Adeyemi     State Bureau Of Internal Revenue     Baruba     Micheal Imodu-Ganmo Road     Olabimpe Olani     Ajasse-Ipo     SSA Youth     Ilesha-Baruba-Gwanara     Tunji Oyawoye     Gbenga Awoyale     Raji Ayodele Kamaldeen     Bolaji Aladie     Kolawole Bashirat     Akume     Just Event Online     Apata Ajele Secondary School     Sheikh Ridhwanullah     Pilgrims Board     Mohammed Haruna     Ilota     Laduba     Dagbalodo     Kayode Alabi     Ayoade Akinnibosun     Nagode     Jamiu Oyawoye     Adekunle David Dunmade     Muftau Akanbi Oke     Ndakene     UTME     Oke-Oyi     Kwara State Pension Board     Mohammed Lawal     Risikat Lawal