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.

Dankaka     Matthew Babaoye     COEASU     Akom Construction And Engineering Synergy Ltd     Talaka Parapo     Olaosebikan     Suleiman Mora Omar     Musa Aibinu     Sulu Babaita Isiaka     Musbau A. Akanji     Veterinary Teaching Hospital     Ayodele Olaosebikan     National Information Technology Development Agency     Okoolowo     Abdulrazaq Solihudeen     Yusuf Zulu-Gambari     Ashiru     Zulu Gambari     Salihu Ajia     Oniye     Gani Saadu     Ibrahim Labaika     Bello Taoheed Abubakar     Kazeem Oladepo     Makama Of Ilorin     Tunji Ajanaku     AbdulRazaq Jiddah     Shola Odetundun     Anilelerin     Isiaka AbdulRazaq     Sabo-Oke     Ayedun     Umar Yakubu Jaja     Olupako Of Share     CACOVID Palliatives     Olabode George Towoju     LAK Jimoh     Adijat Adebiyi     Otuka     Savannah Centre For Diplomacy, Democracy And Development     Olomu Of Omu-Aran     Ilorin Airport     Adegoke Bamidele     Asiwaju Bola Tinubu     Sa\'adatu Modibbo-Kawu     Mohammed Katsina Ahmed     Olatunji Abdulmumeen     Bisi Kristien     Government High School Adeta     Valsolar Consultoria     Saad Omo Iya     Lanre Jimoh     Ilorin Talaka Parapo (ITP)     Amina Susa\'a De Ahmed     Olaoye B. Felix     Abdulrauf Aliyu     Abubakar Ndakene     Unilorin     Nigeria Foundation For Artificial Intelligence     Magaji Erubu     Turaki     Kwara Teaching Service Commission     Ita-Ore     Old Oyo     Aliyu Adebayo     College Of Arabic And Islamic Legal Studies     KSIRS     Mahe Abdulkadir     Dan Masanin     IESA     Ahmed Idris Mohammed     Niyi Osundare     Lai Gobir     Abdulbaqi Jimoh     Saka Onimago     Saidu Yaro Musa     Olatunde Olukoya    

Cloud Tag: What's trending

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

Olomu     Shehu Alimi Foundation For Peace And Development     Shururat Olatinwo     Y.A. Abdulkareem     Gbemisola Saraki     Olusin Of Ijara Isin     Toyosi Thomas     Adebara     All Confederation Of Principals Of Secondary Schools     Ophthalmological Society Of Nigeria     Turaki     Edu     Sa\'adu Salahu     Dan Iya     Mamman Saba Jibril     Abubakar Kawu Baraje     Sulu Babaita Isiaka     Edret Sabi Abel     ER-KANG Mining     Yahaya A Paniyaro     Bolakale Ayo     Akeem Lawal     Abdulrahman Abdulrasaq     Ilorin Airport     Taofeek Sanusi     NFAI     Yunus Lawal     Michael Nzwekwe     Admiralty Villa     Ibrahim Abdulqadir Abikan     Hamidat Sulyman-Yusuf     Jimoh Saadudeen Muhammed     Toyin Sanusi     Maja     Ilorin South Constituency     Abdulhakeem Amao     Ben Duntoye     NIRSAL     Shola Odetundun     NaAllah     Mohammed Abdulahi     Sidikat Alaya     Roseline Oni Aremu     Olupako Of Share     Sidikat Uthman Ajibola     Usman Yunusa     Albert Ogunsola     Olaiya Lawal     Kayode Alabi     Oko     Valsolar-Kwara Company Limited     Yusuf Abdulraheem     Busari Toyin Isiaka     Aliyu Olatunji Ajanaku     Millennium Development Goals     Vasolar-Kwara Company Ltd     Ilesha Gwanara Road     Alikinla     Kemi Adeosun     Gani Saadu     Pakata Patriots     Timothy Akangbe     Raliat Elelu-Habeeb     Maryam Nurudeen     IYA ALFA NLA     Centre For Community Empowerment And Poverty Eradication     Funmilayo Mohammed     Oyelere Oyinloye     Countryside Emerging Leaders Fellowship     Olohungbebe     Kayode Bankole     YAKOOYO     Musa Alhassan Buge     CBT     Akeem Olatunji     NTA Ilorin     Garment Factory