Solid minerals: Kwara governor seeks states' control of royalties

Date: 2017-07-15

KWARA State Governor Abdulfatah Ahmed has called on the Federal Government to increase state governments’ participation in the solid mineral sector through royalties, fees, fines and taxes collection from solid minerals. He said that the scenario would present the states with the opportunity to increase their internally generated revenue (IGR), adding that this would reduce their dependence on Federal Government and create employment for the teeming youth population. The governor said this in Ilorin, the Kwara State capital at the installation of the President of the Nigerian Mining and Geo-Sciences Society (NMGS).

Represented by Education and Human Capital Development Commissioner, Alhaji Musa Yeketi, Governor Ahmed said that “the constitution appears to hobble this possibility. For instance, Section 44 (3) of the 1999 Constitution vests the Federal Government with the ownership and control of all minerals, mineral oils and natural gas, in Nigeria. “Also, the Second Schedule, Part 1 item 39 of the Exclusive Legislative list in the 1999 Constitution restricts state governments from developing their respective mining potentials.

“This creates a situation whereby states have limited authority over mining activities in their domain and after often required to purchase expensive licenses from the government with no guarantee of returns or successful exploitation of minerals resources.” Speaking after his inauguration as the 29th President of the society, Prof Silas Dada said that solid mineral resourcesdriven development is the best growth opportunity for Nigeria. “In fact, most Nigeria’s solid mineral resources have not yet been discovered, which represents a formidable opportunity for growth. “Our governments need to get the natural resource management policy (NRM) chain right. The NRM policy chain needs to be adequately developed by setting up strong policies in every area of income generation and investment.

Source

 

Cloud Tag: What's trending

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

Age AbdulKareem     Jelili Yusuf     Shade Omoniyi     Nigeria Foundation For Artificial Intelligence     Aliyu Muhammad Saifudeen     Offa     Esinniobiwa Quareeb     Bello Abubakar     Oya State     Paul Olawoore     Kwara     A.G.F Abdulrasaq     Biliaminu Aliu     Asa LGEA School     Nagode     Academic Staff Union Of Universities     Bilikisu Gambari     Lithium     Toyin Olayinka Tejidini     GRA     General Hospital     Samuel Adedoyin     Kola Adesina     Agboola Abdulraheem     Igbaja     Revenue Court     Dapo Teni Nig Enterprise     Abdulraheem Olesin     Shoprite     Ibrahim Abdulqadir Abikan     Ganiyu Abolarin     Gbemi Saraki     Nurudeen Muhammed     Ijagbo Health Centre     Umar Gunu     Oba Abdulrahim     Umar Adelodun     Ayo Salami     Ike Ekweremadu     Ilorin Central Mosque     Kwara State Fish Farmers Association     Okin Biscuits     SSA Youth     Idris Amosa Oladipo Saidu     TVC Female National Debate     Tayo Alao     Sulyman Abdulkareem     Lawan     Kabir Shagaya     UITH     Air Peace     Shettima Of Ilorin     Samuel Elizabeth Keatswa     Sadiq Umar     Overland     Olofa Of Offa     Arandun     Yusuf Ali     National Union Of Road Transport Workers     Jimoh Saadudeen Muhammed     Kale Ayo     Omoniyi     Peter Obi     Mashood Dauda     FOMWAN     Taofik Mustapha     Baboko Primary School     Tosho Yaqub     Adedayo Yusuf Abdulkareem     Share/Tsaragi     Ilota     Vasolar-Kwara Company Ltd     Idris Amosa Saidu     Hydro-electric Power Producing Areas Development Commission     Saidu Kawu     Olushola Saraki     SWAN    

Cloud Tag: What's trending

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

Lola Olabayo     Kwara 2015     Code Of Conduct Tribunal     Seni Saraki     Adebayo Mohammed Kamaldeen     Yeketi     Third Estate     Oluronke Adeyemi     Kayode Oyin-Zubair     Durbar     Fatai Adeniyi Garba     Yomi Adeboye     Rasheed Jimoh     Ekiti     Bashir Adigun     Yahya Mohammed     Kwara State Government     Hajj     Abdulmumin Yinka Ajia     Kwara State Fish Farmers Association     Ahmed Saidu Rufai     Oloye     Harafat E. Mukadam     Ella Supreme Tissue Paper     Gani Saadu     Abubakar Olusola Saraki     AbdulRahman Saad     Isiaka Rafiu Mope     Saadu Alanamu     Jimba Babatunde     Elections     Tsaragi-Share     Olatunji Ayeni     Oba Sulaiman Asude     Haliru Dantoro     Jeunkunu-Malete-Bani     Budo Egba     Ajakaye     Abdullahi Atanda     Yusuf Babatunde Abdulwahab     Yusuf Ali     Saeedat Aliyu     ANCOPPS     COVID-19 Palliatives     Shuaibu Yaman Abdullahi     Afolayan     Saidu Isa     Jumoke Monsura Gafar     Bolaji Abdullahi     Olusegun Adeniyi     Lanre Badmas     Olupako Of Share     Suleiman Mora Omar     Aliyu Olatunji Ajanaku     Yusuf Aiyedun     Tayo Alao     Nigeria Computer Society     Ali Ahmad     Razaq Atunwa     Kwara State Fire Service     Olabanji Orilonishe     Adesoye College     VADA     Babatunde Idiagbon     Barakat Community Secondary School     Mustapha Akanbi     Aliyu Umar     Oya State     Kayode Issa     Hausa     Ahman Patigi     N-Power     Ibraheem Abdullateef     Rabiu Kwankwaso     Adanla-Irese     Ronke Adeyemi     Kwara Metro Park