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.

Christopher Ayeni     Ojo Fadumila     Ahman Pategi     Olomu Of Omu-Aran     Mansur Alfanla     Chief Imam Of Lafiagi     Quranic Recitation Competition     Revenue Court     Tsado Manman     Mahe Abdulkadir     Veterinary Teaching Hospital     Bola Ahmed Tinubu     Simeon Sule Ajibola     Yinka Aluko     Atiku Abubakar     Yusuf Amuda Abubakar     Kwara State Internal Revenue Service     Bello Abubakar     Bankole Omishore     Ethical College     SAPZ Project     Aliyu Muhammad Saifudeen     Ilorin Central Mosque     Abdulahi Abubakar Bata     Oro Grammar School     Doyin Agbamu     Fatai Garuba Labaka     Ghali Muhammed     Imam Gambari     Special Adviser On Digital Innovation     Omoniyi Ayinla     Kayode Issa     NITDA     Folorunsho Erubu     Kwara State Branch Of The National Library     Abubakar Baba     VADA     Kehinde Boyede     Yomi Ogunsola     Ridhwanullah Al-Ilory     Saadu Gbogbo Iwe     Adam Abdullahi Al-Ilory     Biliaminu Aliu     Farouk Salim     Ibrahim Jawondo     Aremu Odolaye     Dankaka     Code Of Conduct     The Herald     Hussein Olokooba     Olayinka Jelili Yusuf     Fulani     Nigerian Medical Association     Kwara Politics     Olufolake Abdulrazaq     Sulyman Buhari     Charles Ibitoye     Sabi     Joseph Alex Offorjama     Overland     Kwara North     AbdulRazaq Abubakar Jiddah     Erubu Oba Zubair     Muyiwa Oladipo Kanu     Temi Kolawole     Aso Ofi     Dasuki Belgore     Musa Alhassan Buge     Lanwa     Matthew Okedare     Babajide Ajayi     Funke Adedoyin     Kunle Okeowo     Galland Marcias     Alfa Modibo Belgore     Zubair Folorunsho Erubu     Ajasse-Ipo    

Cloud Tag: What's trending

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

Abdulfatai Salman Baakini     Edu     Oniyangi     Igbaja     Ishola Abdullahi     Saka Abimbola Isau     Peter Amogbonjaye     Kayode Ibrahim     Monthly Sanitation Exercise     Hameed Oladipupo Ali     Imodoye Writer’s Enclave     Maigida Soludero Transit     Buari Edun     Umar Sanda Yusuf     Valsolar     Oju Ekun Sarumi     HICA     Rebecca Olanrewaju     Odolaye Aremu     TIC     Ilorin Emirate Stakeholders Forum     Fola Consultant     Federal Road Maintenance Agency     Salman Suleiman     Elewu     Ibrahim Jawondo     KwaraLearn     Doyin Agbamu     Prince Mahe Abdulkadir     Borgu     Ojuekun Sarumi     Bayo Onimago     Ahmad Belgore     Toyin Sanusi     Babaloja-General     AGILE Programme     Kannike     High Court     Olatomiwa Williams     Folorunsho Erubu     LEAH Charity Foundation     Saduki Lafiagi     Aisha Gobir     Tayo Awodiji     Shehu Jimoh     Mohammed Khadijat Kubura     Ahmed Idris Mohammed     Amuda Musbau     Ayodele Olaosebikan     Habeeb Saidu     Gbenga Adebayo     TESCOM 2025     Ijagbo     Lawal Jimoh     Olufolake Abdulrazaq     Offa     Olusin Of Ijara Isin     Bolakale Saka     Akande Idowu Ayoola Muhammed     A.O. Belgore     Isiaka Yusuf     IsDB     Aro Yahaya     Kwara State Television (KWTV)     Soffiyyallah Kamaldeen     Vasolar Consultoria     Samuel Olusegun Adedayo     Lanre Issa Onilu     Hajj     Adam Abdullahi Al-Ilory     Apado     Niyi Osundare     Taiwo Joseph     Oke-Ode     Jimoh Akani     Suleman Abubakar     Oro Grammar School