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.

Earlyon Technologies     KWACOBPA     Kale Bayero     Rafiu Ibrahim     Vasolar     Oyedun Juliana Funke     Bamikole Omishore     Imodoye Writer’s Enclave     COEASU     Adesoye College     Crystal Corner Shops     Raji AbdulRasaq     Mashood Abdulrafiu Agboola     Patience Jonathan     NIRSAL     Wahab Egbewole     Kwara State Fish Farmers Association     Salihu Ajia     ASKOMP     Okeose Christian Cementary     Public Holiday     Yashikira     Nigeria Association Of Women Journalists     Sheikh Ariyibi     Saidu Isa     Alliance For Democracy     Yusuf Abdulwahab     General Hospital, Offa     Adebayo Salami     Baboko Primary School     Waziri Yakubu Gobir     Mohammed Khadijat Kubura     Isiaka Yusuf     Laboratory-to-Product     Abdulmajeed Abdullahi     Ifelodun     Dar-Al-Handasah Consultants     Umar Sanda Yusuf     Aliyu Umar     Metro Park     Government High School (GHS), Adeta     African Democratic Congress     Durosinlohun Atiku     Ilorin Amusement Park     ITP     Timothy Olatunde Fadipe     Yoonus Kola Olatinwo     Muyideen Ajani Bello     Alapansapa     Kwara 2023     Pakata Development Association     Wakilin Mata Lafiagi     Oke-opin     Mike Omotosho     Kayode Issa     Baruten     Yusuf Amuda Abubakar     Yakubu Mohammed Abdullahi     Salihu Yahaya     Lai Gobir     Oja-Oba     Harmony Holdings     Bursary     Taofik Abdulkareem Babaita     Sheikh Alimi     Amuda Bembe     Kale Kawu     SWAN     Economic And Financial Crimes Commission     Kayode Laro     Laduba     Muhammad-Mustapha Suleiman     HAMFAT Clinic And Maternity     Radio Kwara     Shade Omoniyi     Abdulquawiy Olododo     Students Union Government    

Cloud Tag: What's trending

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

Mubarak Oladosu     Damilola Yusuf Adelodun     Rebecca Olanrewaju     Ubandawaki     Ganmo Power Sub-Station     Adaramaja     Elerinjare     Ariyo     Joseph Daudu     Lateef Ademola Olatunji     Halimah Perogi     Niyi Osundare     NFAI     Ahmad Ali     Atiku     Afonja Descendants Union     Ishola Abdullahi     Tunde Yusuf     FERMA     Offa Descendants Union     Gbadeyan Gbadura Yomi     Tanke     Olaosebikan     Sheriff Olanrewaju     Playing Host     Adisa Logun     Kwara State Television (KWTV)     Olumide Daniel Ibitoye     Bisi Kristien     2023 Elections     Sherif Shagaya     CACOVID Palliatives     GRA     Erubu Oba Zubair     Kwara State Fish Farmers Association     Federal Road Maintenance Agency     Kanu Agabi     Busari Toyin Isiaka     Oyun     Saidu Isa     HYPPADEC     Col. Taiwo     Adamu Ibrahim Sabi     Olupako     Lotus Bank     Yusuf Aiyedun     Suraj Tunji Oyewale     Ridhwanullah Al-Ilory     Gaa Olobi     Federal Neuro-Psychiatric Hospital     Adewuyi Funmilayo     Ilesha-Baruba     Ilorin Muslim Community     Mahmud Babatunde Baker     Adama Isa     Biliaminu Aliu     Paul Odama     TVC Female National Debate     Yusuf Lanre Badmas     Amuda Musbau     Facebook     Toun Okewale-Sonaiya     Saadatu Modibbo-Kawu     Ahmed Mohammed Rifun     George Funsho Adebayo     KWIRS     Oluronke Adeyemi     Isiaka Danmeromu     Isaac Gbenle     Medinat Folorunsho Salman     NULGE     Eghe Igbinehi     Quranic Recitation Competition     Olohungbebe     Binta Abubakar Mora     Salihu Ajibola Ajia     Seed Technologies