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.

Saidu Kawu     Timothy Olatunde Fadipe     Babajide Ajayi     Abdulrazak Shehu Akorede     Owo Isowo     Fareedah Dankaka     Orire     Yusuf Lawal     Dele Belgore     Ilorin West     Amos Sayo     Hydro-electric Power Producing Areas Development Commission     Kale Bayero     Busari Alabi Alausa     IEDPU     Ballah     Modibo Kawu     Dumagi     Lanre Issa Onilu     Jumoke F. Ajao     Bamidele Adegoke Oladimeji     Oni Adebayo     Bayo Lawal     James Ayeni     Okala Baba     TVC Female National Debate     Amuda Bembe     Suleiman Abubakar     Kwara State Coalition Of Business And Professional Associations     Rachael Obisesan     AbdulQowiy Olododo     Khairat Gwadabe     Tunde Idiagbon Road     Amina Susa\'a De Ahmed     Ilorin Innovation Hub     Idofin     Samuel Elizabeth Keatswa     Habeeb Abdullahi Al-Ilory     Olokoba     Emir Of Lafiagi     Vasolar Consortium     Abdulrasheed Lafia     Kunbi Titiloye     Kolo     Amuda Aluko     Abdulrazaq Solihudeen     Ogidi-Oloje     Kwara Pdp     Mansur Alfanla     Ohoro Of Shao     Ramat Oganija     Olayinka Olaogun     Abdulraheem Olesin     Kawu Baraje     Offa     Lukman Oyebanji Fagbemi     Eleyele     GAMA     Wole Oke     Mufutau Olatinwo     Abdulmumin Yinka Ajia     Lawal Arinola Kudirat     Gobir Organization Foundation     Ridhwanullah Al-Ilory     Abdulrahman Onikijipa     Siraj Oyewale     Mufti Of Ilorin     Kamaldeen Kehinde     Sam Onile     Memunat Monsuma     Ibrahim Agboola Gambari     Nigerian Army     Sheriff Olanrewaju     ASKOMP     Odolaye Aremu     Olaitan Buraimoh     Saidu Isa    

Cloud Tag: What's trending

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

Majlis For Sadakah, Zakat And Waqf     Tinubu Legacy Forum     Atunwa     Abiodun Abdulkareem     March 18     Muhammad Ghali Alaaya     Pakata     Amuda Bembe     Ahmed Alhasssan     Igosun     Jimba Babatunde     Muhammad Mustapha Suleiman     Kola Olota     Tunde Saad     COVID-19 Palliatives     Samari     SSUCOEN     Ezekiel Yissa Benjamin     Salihu Jibril Garbi     Forgo Battery Company Limited     Oluwole Dupe     Titus Suberu-Ajibola     Ilesha-Gwanara     Tafida Of Ilorin     Suleiman Idris     Kwara 2015     IQRA College     Kayode Ishola     Inside Kwara     Kwara State Television     Muritala Olarewaju     Islamiya Abdulraheem     Bola Olukoju     Ibrahim Mashood     Rachael Obisesan     Isiaq Khadeejah     Yoonus Kola Olatinwo     Sanitation Exercise     Susan Modupe Oluwole     Ogidi-Oloje     IF-K     Femi Gbajabiamila     07039448763     Aremu Odolaye     Aro Yahaya     Adekunle David Dunmade     Hassanat Bello     Bluenile Associates     Lawyers Unite Against Corruption     Ademola Kiyesola     Awodun     Funke Adedoyin     Kwara Basketball Association     Government House     Biliaminu Aliu     Alabi Olayemi Abdulrazak     Isiaka AbdulRazaq     Afeyin-Olukuta     Trade Lenda SME Fair     Vasolar Consortium     Aso-ofi     Abdulrosheed Okiki     Olaoye B. Felix     Ibrahim Gambari     Kisira     Fola Consultant     Mansur Alfanla     Kolawole Akande     Babatunde Idiagbon     Oyedepo     Wale Oladepo     Harafat E. Mukadam     A.G.F Abdulrasaq     Yahaya A Paniyaro     Yusuf Aiyedun     Okin Malt     Moses Rahman Popoola