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.

Oniwa     Government Girls’ Day Secondary School Pakata     Code Of Conduct     Iliasu     Voices Of Tomorrow     Mukhtar Shagaya     Dagbalodo     Oko Erin     Ishaq Salman     11th Galadima     Folorunsho Alao     Jimoh Olusola Imam     Saudat Abdulbaqi     Peter Obi     Mohammed Ajia Ibrahim     Sobi     Rice Farmers Association Of Nigeria     Deji Ajani     Shonga Farm Project     Hakeem Lawal     Abdulganiy Abimbola Abdussalam     Aishat Sulu-Gambari     Issa Baba     Arinola Fatimoh Lawal     Umar Saro     Olokoba Abdullahi Ayinla     Chemiroy Nigeria Limited     Government High School (GHS), Adeta     Zainab Abass     Oke-Ode     Danhawa     C2c@kwarastate.gov.ng     IsDB     Waheed Ibrahim     Shehu Alimi Foundation For Peace And Development     Jeunkunu-Malete-Bani     Ahmad Olayiwola Kamaldeen     Junior Secondary School Certificate Examinations     Sunday Otokiti     Bola Olukoju     BECE     Mohammed Halidu     Saadu Gbogbo Iwe     Oke Sunna     Mohammed Abduraheem     Bashir Omolaja Bolarinwa     Turaki     Michael Ologundea     Oke-Ero     Laduba     Tope Daramola     Mary Kemi Adeosun     Kwara South     Ayodele Kuburat Olaosebikan     Abdulraheem Olesin     Toyin Saraki     Obasanjo     MalHub     Academic Staff Union Of Universities     National Information Technology Development Agency     Ebola     Ilorin Curfew     Wale Oladepo     Nigerian Medical Association     Hijab     Kumbi Titiloye     Sadiq Buhari     Medview Airlines     Kayode Bankole     Igbaja     FOMWAN     IYA ALFA NLA     Tayo Awodiji     Yeketi     Kunle Okeowo     Saheed Popoola     Abdulrauf Aliyu    

Cloud Tag: What's trending

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

20 Billion Bond     Mutawalle     Ojo Isekuse     Okin Biscuits     Noah Yusuf     Ahmed Idris Mohammed     Tope Daramola     ER-KANG Mining Nigeria Company Limited     TIIDELab     Gbugbu International Market     Imodoye Writer’s Enclave     Eghe Igbinehi     Abdulwaheed Musa     Christopher Ayeni     International Vocational Centre     Ibrahim Labaika     Haashim Initiative For Community Advancement     National Democratic Congress     Tsaragi/Share     Yusuf Abdulkadir     Abdulsalam Firdaous Amosa     Allocation     Baba Issa Awoye     Matthew Okedare     Onilu     Abubakar Baba Sulaiman     John Olobayo     Aisha Ahman-Pategi     Kwabes     Irepodun     Eghe Igbinehin     Kwara State Sports Commission     Trader Moni     Sabitiyu Grillo     Hijab     Bamidele Adegoke     Kwara State Printing And Publishing Corporation     Offorjama     Taiwo Joseph     Transition Implementation Committee     Olupako     Saliu Mustapha     Yusuf Amuda Gobir     Bashir Adigun     Seni Saraki     Rafiu Ajakaye     Mumeen Lah     Ophthalmological Society Of Nigeria     School Of Nursing     Kazeem Oladepo     Doyin Awoyale     Kale Ayo     Simeon Ajibola     Ajase-Ipo     Is\'haq Modibbo Kawu     Societe Generale Bank Of Nigeria     Taofik Mustapha     Tanke Flyover Bridge     Tsado Manman     Kayode Ishola     Shuaib Olarongbe     Timothy Olatunde Fadipe     Abatemi Usman     IESA     Toun Okewale-Sonaiya     ER-KANG Mining     Abdullahi Saadudeen Alikinla     Emmanuel Bello     MAI Akande     Smart School     Earlyon Technologies     Laolu Saraki     Ijakadi     Tunji Oyawoye     Nigerian Medical Association     Gani Saadu     Communication Network Support Services