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.

Yeketi     Hassan A. Saliu     Oro Grammar School Old Students Association     Ambassador Kayode Laro     UNILORIN Alumni Association     Moro     Ahmed     Segun Abifarin     Ibrahim Agboola Gambari     Oyedun Juliana Funke     Economic And Financial Crimes Commission     Abdulmumini Jawondo     Yusuf Amuda Gobir     Wahab Olasupo Egbewole     Centre For Peace And Strategic Studies     Haliru Dantoro     NAWOJ     Muideen Olaniyi Alalade     Laolu Saraki     Inside Kwara     Makama     Monkey Pox     Zubair Folorunsho Erubu     Babajide Ajayi     Adedipe     Onilupeju Of Ilupeju     Madawaki Of Ilorin     Tsaragi     Saba Jibril     Waheed Ibrahim     Abdulraufu Mustapha     Ekiti     State Bureau Of Internal Revenue     Shehu Jimoh     Gobirawa     Asiwaju Bola Tinubu     Femi Oladiji     Transition Implementation Committee     Muhammed Taofeeq Abdulrazaq     Seed Technologies     Bayer AG     Ayobami Seriki     Ita-Ore     Muhammad Sirajo Aliyu     Umaru Saro     Hikmah AbdulKareem     Emmanuel Bello     Idris Amosa Saidu     JMK Construction Company Limited     Federal Neuro-Psychiatric Hospital     Maryam Nurudeen     Mohammed Yahaya Barki     Ramadan     Niyi Osundare     Salake     Bursary     Shuaib Olarongbe     Olatunde Oyeyiola     Ojuekun     Seni Saraki     Valsolar Consultoria     Biliaminu Aliu     Twitter     Abraysports FC     Principal Private Secretary     Communication Network Support Services     Oladimeji Thompson     Ajia-Bako     Post Utme     Suleiman Mora Omar     Ganmo Power Sub-Station     Lithium Deposit     Mohammed Lawal     MMWG     Yakub Ali-Agan     SWAN     Bayo Onimago    

Cloud Tag: What's trending

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

IHS     A.O. Belgore     COVID-19 Palliatives     Clement Yomi Adeboye     Segun Abifarin     Monthly Sanitation     NIPOGA     Dairo Kunle Paul     Abdulrasheed Akogun     Chemiroy Nigeria Limited     Shade Omoniyi     Ahmad Uthman     Mogaji Aare     Oke-Kura     Bamidele Aluko     Na\'Allah     Olatunji Ayeni     Curfew     Bukola Saraki     Akeem Olatunji     Kwara 2015     Olusola Saraki     Saadu Gbogbo Iwe     Aminu Ado Bayero     Kwara Metro Park     Ope Saraki     Lanre Jimoh     KWIRS     Col. Taiwo     Kwara     Abdulmajeed Abdullahi     Aisha Ahman Pategi     Olaoye B. Felix     Adekunle David Dunmade     Crystal Corner Shops     SDP     SSA Youth Engagement     Abegunde Goke     Sheikh Alimi     Sanusi Abubakar     Wahab Femi Agbaje     Laboratory-to-Product     GRA     Adewuyi Funmilayo     Laolu Saraki     Umar Yakubu Jaja     Ilorin East/South Federal Constituency     Jide Ashonibare     Firdaos Amasa     Folorunsho Alao     Isaac Aderemi Kolawole     Funmilayo Zubair     Ganmo Electricity Sub-Station     Abdulwahab Olarewaju Issa     Garba Dogo     Kolade Solagberu     Kpotum Mohammed Baba     UNIFEMGA     Durosinlohun Atiku     Lateef Ademola Olatunji     Salake     Hussein Oloyede     Sulyman Atolagbe Alege     Kwara Restoration Project     Olaosebikan     Abdulrazaq Sanni     Elerinjare-Ibobo     Adesina Simon Sodiya     Oko     Kunle Okeowo     Tafida     Government Girls’ Day Secondary School Pakata     John Kehinde Salako     Sarkin Malamai     Omoniyi Ayinla     Elerinjare     Erubu Oba Zubair