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.

Playing Host     Patigi Regatta     Alore     Kamaldeen Gambari     Kwabes     Ilorin West/Asa Federal Constituency     Abdullahi Dasilva Yussuf     Kwara State Health Insurance Agency     Simon Sayomi     Hassanat Bello     Reuben Paraje     AbdulGaniyu Kareem     Kehinde Boyede     Orisun Igbomina     Oluwole Dupe     Abdulmumini Jawondo     Isiaka Saka Opobiyi     Share-Tsaragi     Aliyu Muhammad Saifudeen     Bamikole Omishore     Amina Susa\'a De Ahmed     Kawu Baraje     Peter Obi     Kwara Liberation Group     Aliyu Adebayo     Kwara Consultative Forum     Adebayo Salami     Idris Garba     Adamu Atta     Grillo     Okin Malt     Forgo Battery Company Limited     Mahe Abdulkadir     Abatemi-Usman     Shuaib Boni Aliyu     Jimoh Lambe Abdulkareem     Tope Daramola     Malete     Sheriff Olanrewaju     Musa Yeketi     Sayomi     Seed Technologies     NIPOGA     Ilorin Airport     Yahaya A Paniyaro     Muyideen Ajani Bello     COEASU     JMK Construction Company Limited     Inside Kwara     Ola Falade     Amos Sayo     Bank Of Industry     Oro Grammar School Old Students Association     Islamiya Abdulraheem     Isiaka AbdulRazaq     Abdulhakeem Amao     Oluronke Adeyemi     Amos Justus Sayo     Tanke     Omotosho     Offa Poly     Florence Saraki     Javed Khan     Samuel Olusegun Adedayo     Toyin Sanusi     Gwanara     Afusat Nike Ibrahim     Sidikat Uthman Ajibola     Olayinka Olaogun     Shehu Adaramaja     Wahab Issa     Orisa Bridge     Yakub Ali-Agan     KwaraLearn     Okanlawon Musa     Sheikh Hamzat Yusuf Ariyibi     Alapansapa    

Cloud Tag: What's trending

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

Haliru Dantoro     Magaji Are     Olayinka Jelili Yusuf     Bello Taoheed Abubakar     Hamza Usman     Aisha Ahman Pategi     Idi-Ape     Abegunde Goke     Undergraduate Bursary     Kwara Coalition Of Business And Professional Associations     Budo Egba     Talaka Parapo     C2c@kwarastate.gov.ng     Congress For National Consensus     Offa Grammer School     Kwara Polytechnic     Sai Kayi     Gbugbu     Ashiru     Council Of The Wise     Oke-Odo     Kayode Zubair     Abdullahi Biffo     Ibrahim Mohammed     Budo-Egba     Garba Dogo     Wahab Abayawo     Chemiroy Nigeria Limited     Dele Momodu     CCEPE     Bamidele Aluko     Garba Ayodele Wahab     Biliaminu Aliu     Ayekale     Christopher Ayeni     New Naira Notes     Rex Olawoye     Ibrahim Abikan     Tunde Oyawoye     Photo News     Ajike People Support Centre     Olatunji Moronfoye     IPSAS     TVC Female National Debate     Sam Okaula     National Information Technology Development Agency     Olatunde Jare     Isiaka Saka Opobiyi     Falokun-Oja     Segun Ogunsola     Taiwo Joseph     Kwara Muslim Pilgrims Welfare Board     JUSUN     Ibraheem Abdullateef     Yusuf Abdulwahab     IHS Towers     Yusuf Amuda Abubakar     Abubakar B.M     Samuel Adaramola     Aliyu Alhassan     HICA     Convocation Ceremonies     SSUCOEN     Olosi Of Osi     Gbenga Olawepo     Sodiya     New Model Police Station     Kwara 2015     Village Alive Development Association     Igosun     Adisa Logun     Kolo     Habeeb Abdullahi Al-Ilory     Afeyin-Olukuta     Jimoh Saadudeen Muhammed     Ahmad Fatima Bisola     Sobi