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.

GANZY     Saka Asiat Ayinke     Code Of Conduct Tribunal     Bolaji Aladie     Rasheed Jimoh     Saudat Abdulbaqi     Federal Allocation     Theophilus Oyebiyi     Alapado     Press Release     Basit Olatunji     Yusuf Abdulkadir     V.O. Abioye     Musa Alhassan Buge     SSA Youth Engagement     Kwara 2023     NIRSAL     Samari     Abubakar Abdullahi Bata     Niguel Gallando Marcias     Aisha Gobir     Aliyu U. Tilde     Alabe     Quarry Royal Valley     Kwara Basketball Association     Kwara Volleyball Association     Abraysports FC     Alapansapa     Abdulmalik Bashir Mopelola Risikatullahi     Kwara Liberation Group     Nigeria Foundation For Artificial Intelligence     Raliat AbdulRazaq     Unilorin     Aisha Abodunrin Ibrahim     Harafat E. Mukadam     Abdulwahab Oba     Abdulrazak Shehu Akorede     Jide Ashonibare     Ajibola Ademola Julius     Ahmad Belgore     Lawal Arinola Kudirat     Alfa Yahaya Road     Centre For Community Empowerment And Poverty Eradication     Omotoso     Razak Atunwa     Okin High School     Oyin-Zubair     Kwara Poly     Salaudeen Oyewale     Olatunde Olukoya     Zulkifli Ibraheem     Law School Scholarship     IPSAS     Yekeen Alabi     Ilorin     Alabi Olayemi Abdulrazak     Olatunde Jare     Ado Bayero     Kola Ologbondiyan     Kayode Zubair     Elewu     Bahago     Hassan A. Saliu     Agbarere     Trader Moni     Oke-Kura     Sherif Sagaya     Edret Sabi Abel     Igbaja     Oba Abdulkadir La\'aro     Kulende-UITH     Garba Dogo     Crystal Corner Shops     Yemi Osinbajo     Najim Yaasin     Kwara State Government     Abdulkarim Adisa    

Cloud Tag: What's trending

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

Monsurat Omotosho     Elerinjare     Arca Santa     Omoniyi Ayinla     Atiku     Razaq Ayobami Akanbi     Iqra Books     Towoju     ER-KANG Mining Nigeria Company Limited     Sanitation Exercise     Eleja     Abubakar Baba Sulaiman     Ajuloopin     Unilorin FM     Suleiman Idris     Countryside Emerging Leaders Fellowship     IDPU     Gambari     ANCOPPS     Mutawali     Prince Mahe Abdulkadir     IHS     Garba Idris Ajia     Temi Kolawole     Idowu Aremu     Ishaq Salman     New Nigeria People’s Party     Convocation Ceremonies     Saeedat Aliyu     Minister     Ahmed Dankaya     Omu Aran     Adedipe     Turaki Of Ilorin     Air Peace     Rex Olawoye     Women Radio     Abdulrahman Abdulrazaq     Gwanara     Offa     Gbugbu     Ophthalmological Society Of Nigeria     Shururat Olatinwo     Ibrahim Abduquadri Abikan     Afolabi-Oshatimehin Adenike Harriet     Clara Nwachukwu     Okeose Christian Cementary     Idiagbon     CKNG     Abdulrazaq Magaji     Olayinka Jelili Yusuf     Tunde Saad     Abdulrahman Onikijipa     07039448763     Yetunde Balogun     Oro Grammar School Old Students Association     Council Of The Wise     Tafidan Kaiama     Rapheal Ashaolu     Jamila Bio Ibrahim     Charles Ibitoye     Gaa Olobi     Ibikunle Ogunleye     Oyedun Juliana Funke     Ahmad Belgore     Manzuma     Oko Erin     Young Progressives Party     Shuaib Abdulkadir     Abdulrazak Shehu Akorede     Aso-ofi     Ayodele Olaosebikan     Olaoye B. Felix     Lithium Deposit     Sardauna Of Ilorin     Ayinde Oki     Abdulmumini AbdulRazaq