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.

Kale Bayero     Hassan Oyeleke     Nigeria Customs Service     General Hospital, Ilorin     Share/Tsaragi     Baboko     IEDPU     Edret Sabi Abel     Abdullah Janet Amudat     Ayobola Ipinlaiye     Razaq Ayobami Akanbi     PharmAccess Foundation     Saliu Shola Taofeek     Yusuf Abubakar     Abubakar B.M     Muslim Media Watch Group Of Nigeria     Lola Olabayo     Sodiya     Chikanda     Ilorin West/Asa Federal Constituency     ENetSuD     Olaosebikan     Tosin Saraki     Shehu Salau     Centre For Peace And Strategic Studies     Aliyu Muhammed     Oro Grammar School Old Students Association     Sobi FM     Makama Of Kaiama     Modibo Kawu     Abdulmajeed Abdullahi     Ilorin Durbar     Woro     Muslim Cementary     Abdulazeez Uthman     Old Oyo     Solomon Edojah     Suleiman Abubakar     Sa\'adatu Modibbo-Kawu     KSIRS     Alabi Lawal     Leke Ogungbe     Mufutau Olatinwo     Mukhtar Shagaya     Ayinde Oyepitan     Bamidele Adegoke     Muhammad Ghali Alaaya     Katibi Ibraheem Adeola     Wasiu Onidugbe     Muhammadu Buhari     Kwara Apc     KFA     Abdullahi Saadudeen Alikinla     Ajike People Support Centre     Gwanara     Yakub Lai Gobir     Sidikat Akaje     Kawu     Ezekiel Yissa Benjamin     Theophilus Oyebiyi     Face Masks     Ayekale     Oluwatoyin Lukman     General Tunde Idiagbon International Airport     Kwara State Geographic Information Service     Ilorin General Hospital     CBT     Ubandoma     Wahab Abayawo     Michael Ologundea     Fatai Olodo     Emir Of Shonga     Hydro-electric Power Producing Areas Development Commission     Abdulahi Abubakar Bata     Kola Bukoye     Aishatu Ahmed Gobir     Gbemisola Oguntimehin    

Cloud Tag: What's trending

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

Sadiq Umar     Sunday Otokiti     Salmon Babatunde Salmon     Shehu Alimi Foundation For Peace And Development     Curfew     Joseph Yemi Ajayi     Photo News     Fatai Garuba Labaka     Ministry Of Women Affairs And Social Development     Abubakar Imam     Oyedun Juliana Funke     Salman Suleiman     Bolaji Aladie     Umaru Saro     Allocation     Tsaragi     Kanu Agabi     LAK Jimoh     Dankaka     Garba Dogo     Hamidu Olowo     Alabe     Amule     AbdulFatai Adeniyi Dan-Kazeem     Aliyu Salihu     Baakini     Neo Mundo Ltd     Majlis For Sadakah, Zakat And Waqf     Prince Bola Ajibola     Third Estate     Goodluck Jonathan     Ishola Abdullahi     Asa LGEA School     Olokoba Abdullahi Ayinla     20 Billion Bond     Idowu Aremu     Ekiti     Kwasu     Rebecca Bake     Ella Supreme Tissue Paper     Elewu     Haleeman Salman     Abdulkadir Akanbi-Oke     Omotoso     HAMFAT Clinic And Maternity     Yekeen Alabi     Wasiu Onidugbe     Opaleke Bukola Iyabo     Abdulraufu Mustapha     Igbaja     Gbugbu     Haruna Olawale Sulaiman     Kazeem Oladepo     Emmanuel Bello     Olanrewju Okanlawon Musa     Gobirawa     Yoruba     Nnazua     Bayo Ajia     Dele Belgore     Ajibola Saliu Ajia     Kunle Okeowo     Isaac Gbenle     Sardauna     Olateju Lukman     BECE     Umar Sanda Yusuf     Saliu Oluwole     Adam Abdullahi Al-Ilory     The Herald     Amoyo     Saadatu Modibbo-Kawu     Bayo Mohammed Onimode     Adesina Simon Sodiya     Students Union Government     Olatunde Oyeyiola     Saidu Isa