Solid minerals: Kwara governor seeks states' control of royalties
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Kemi Adeosun Wahab Egbewole Ahmad Olayiwola Kamaldeen Ahmad Belgore Gbadeyan Gbadura Yomi Yusuf Amuda Gobir Adebayo Mohammed Kamaldeen Zainab Abass Isaac Aderemi Kolawole Onilorin Bello Bature Waheed Ibrahim NIRSAL Oye Tinuoye Ishola Moses Abiodun Abubakar Olusola Saraki Aminat Ahmed Omu-aran Okeose Christian Cementary Harafat E. Mukadam Is\'haq Modibbo Kawu Vasolar Road Transport Employers Association Of Nigeria Agboola Babatunde Kupchi Hosea Maxwell Balogun Gambari Junior Secondary School Certificate Examinations Olatunji Ayeni Salake Medview Airlines Kumbi Titilope Isaac Gbenle Mohammed Lawal Www.Kwarareports.com Kwara State Branch Of The National Library Lai Gobir Olaiya Lawal Shuaib Olarongbe M.Y. Abdulrahaman Fatima Abolore Jimoh Sabo-Oke Seed Technologies GGDSS Pakata Oba Abdulrahim Dorcas Afeniforo Towoju Samuel Elizabeth Keatswa Babajide Ajayi Ejidongari Ilorin Central Mosque Kazeem Gbolagade Ganiyu Abolarin Quran AbdulGafar Tosho Abdulfatai Baakini MINILS JMK Construction Company Limited Emir Of Yashikira Tsaragi AbdulKareem Yusuf Danhawa Bayer AG Nigeria Customs Service Agboola Abdulraheem Kwara State Fish Farmers Association Ahmed Alhasssan Fatimat Saliu Lai Mohammed Abdulquawiy Olododo Kamaldeen Ajibade Ilesha-Baruba-Gwanara Shuaibu Yaman Abdullahi Kola Olota Bashir Omolaja Bolarinwa Muhammadu Buhari Tunde Yusuf Ibrahim Akaje Leke Ogungbe

