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.

Amuda Aluko     Bilikis Oladimeji     Ibrahim Taiwo Road     Pius Abioje     Alloy Chukwuemeka     Yeketi     Makama Of Ilorin     Kamaldeen Gambari     Adewuyi Funmilayo     Lanre Issa-Onilu     Ibrahim Orire     Mary Kemi Adeosun     Baba Issa     Abdulrahman Iliasu     Ejidongari     NIPR     Abdulkadri Ahmad Alaiye     Sulyman Age AbdulKareem     Ahman Pategi University     Yusuf Abdulraheem     Gaa Olobi     Suleiman Idris     Oju Ekun Sarumi     Lithium     National Association Of Nigerian Students     Dunmade     Fatai Olodo     Funke Adedoyin     Elerinjare     Saka Aleshinloye     Abubakar Olusola Saraki     Oluwatoyin Lukman     Musa Ayinla Yeketi     Eleja Taiwo Banu     Adedayo Yusuf Abdulkareem     Adijat Adebiyi     Ahmad Lawan     Kwara Central     Omotoso     Yoruba     Abdulmumini Jawondo     Wole Oke     Post Utme     Bamidele Aluko     Aliyu Muyideen     David Oyerinola Adedunmoye     Lanre Olosunde     Umar Saro     Okasanmi Ajayi     Ganiyu Abolarin     Ibrahim Mohammed     Radio SBS     Hassan Saliu     Kwara Apc     Abubakar Lah     SSUCOEN     Abdulganiy Abimbola Abdussalam     Sabi     Ita-Ore     FOMWAN     Ilesha-Gwanara     Abdullahi Imam Abdullahi     Salihu S. Yaru     Siraj Oyewale     Durosinlohun Atiku     Sidikat Uthman Ajibola     Arca Santa     Hassan Taiye Salam     2017 Budget     Ayekale     Abdulrahman Abdulrazak     Saliu Ajibola Ajia     Tunji Ajanaku     Emir Of Ilorin     Abubakar Bature Sulu-Gambari     Raliat Elelu-Habeeb     GRA    

Cloud Tag: What's trending

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

Funmilayo Isiaka Oniwa     Radio Kwara     General Tunde Idiagbon International Airport Ilorin     Wasiu Onidugbe     Abdulkarim Adisa     Timothy Akangbe     Kpotum Mohammed Baba     Principal Private Secretary     Iyiola Oyedepo     Olomu     Oniyangi     Galadima     Oloriegbe     Kwara State Fish Farmers Association     Fareedah Dankaka     Mary Arinde     V.O. Abioye     Ahmed Mohammed Rifun     Maigidasanma     Buhari     Farouk Salim     Suleiman Ajadi     Durbar Festival     2023 Elections     AbdulRauf Keji     Atiku     Baba-Isale     Joana Nnazua Kolo     Opobiyi     Ibrahim Labaika     Olatunji Abdulmumeen     African Democratic Congress     Bayer AG     John Mayokun Dada     Senate Presidency     TESCOM     Tunde Saad     Oyin-Zubair     Suleiman Idris     Ajuloopin     Waziri Yakubu Gobir     Saidu Kawu     Kolawole Bashirat     Adeleke Ogungbe     Bolaji Gambari     Esinniobiwa Quareeb     Baakini     Neuropsychiatric Hospital     Osinbajo     Lawan     Forgo Battery     Amos Justus Sayo     Diagnostic Centre     National Information Technology Development Agency     Mahmud Ajeigbe     Ajasse-Ipo     NNPP     Saheed Alakoso     Tanke Road     Freshvine Nigeria Limited     Senior Ibrahim Suleiman     NTA Ilorin     Abdulhakeem Amao     Kwara TV     Offorjama     Adeola Abraham     Kwara Muslim Pilgrims Welfare Board     Abdulrahman Abdullahi Kayode     Ben Duntoye     Bilikis Oladimeji     Taiwo Joseph     Dasuki Belgore     Riskat Opakunle     Ilorin West     Segun Olawoyin     National Democratic Congress     Wahab Isa