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.

Abdulkadir Remi Hawawu     John Kehinde Salako     Oloye     Erin-ile     Oluwole Dupe     Rebecca Bake     Moremi High School     TVC Female National Debate     IEDPU     Muhammad Fawaz Abubakar     General Hospital, Offa     Forgo Battery Company Limited     Ilorin South Constituency     Okin High School     Moses Rahman Popoola     Gobir Organization Foundation     Shola Odetundun     Law School Scholarship     Bola Magaji     Oko Erin     Ike Ekweremadu     Dele Momodu     Tunde Idiagbon Road     Habeeb Saidu     Galadima     Yakubu Mohammed Abdullahi     Moro     IYA ALFA NLA     Kwara State Governor     Chartered Institute Of Personnel Management Of Nigeria     IESA     Afolabi-Oshatimehin     07039448763     Alaro     RTEAN     Ilorin General Hospital     Olatunji Abdulmumeen     Amos Sayo     Ahmed Bayero     Sarakite     Amuda Bembe     Student Learning Support Helpline     Bello Oyebanji     Awoye     Elerin Of Erin-Ile     Kunbi Titiloye     Ayekale     Ogidi-Oloje     Balogun Gambari     Abdulmumini Sanni Jawondo     Aso-ofi     Rapheal Ashaolu     Transition Implementation Committee     Mahmud Ayinla Giwa     KWAFFA     Kamoru Kadiri     Hikmah AbdulKareem     Abdulrazaq Solihudeen     IF-K     General Hospital, Ilorin     Otoge     Okanlawon Musa     Kwara State Branch Of The National Library     Olaitan Buraimoh     Binta Abubakar-Mora     Fareedah Dankaka     Charles Ibitoye     Fatai Garuba Labaka     Ishaq Oloyede     Kishira     Olubukola Kifayat Adedeji     Jumoke Gafar     Oniye     Balikis Jawondo     Lawyers Unite Against Corruption     Prince Bola Ajibola     Neuropsychiatric Hospital    

Cloud Tag: What's trending

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

Laboratory-to-Product     Mumini Ishola Hanafi     Osuwa     Iqra Books     Kola Adesina     Kisra     Kolawole Akande     Saliu Tunde Bello     Garment Factory     Chief Imam Of Omu-Aran     Sa\'ad Alanamu     NIPR     Offorjama     Ballah     Ibrahim Abiodun     Barakat Community Secondary School     Oniyangi     Sunday Popo-Ola     Oyeyemi Olasumbo Florence     Abdulkareem Alabi     Dele Momodu     Wale Oladepo     Oba Abdulraheem     Abiodun Jacob Ajiboye     Moshood Mustapha     Bello Oyebanji     Plat Technologies     David Adesina     Isiaka Oniwa     Adijat Adebiyi     Olugbense     Sarah Jubril     Olota Of Odo-Owa     Olatunji Ayeni     Raymond Olaitan     Odo-Owa     Adebayo Salami     Democracy Day     Dan Iya     Abdulkadir Akanbi-Oke     Bayo Ojo     Dan-Kazeem     International Public Sector Accounting Standards     Jimoh Olusola Imam     Ile Arugbo     Pilgrims Board     Esuwoye     Kwara Consultative Forum     Haleeman Salman     SSUCOEN     Segun Olawoyin     Bolakale Ayo     Grillo     Isiaq Khadeejah     Timothy Olatunde Fadipe     John Olajide Adedipe     Muhammad-Mustapha Suleiman     Muhammad Fawaz Abubakar     Ayegbeni     Ethical College     Tsaragi-Share     Susan Modupe Oluwole     Shuaibu Yaman Abdullahi     Seed Technologies     Abubakar Bature Sulu-Gambari     Jaigbade Alao     Olayinka Jelili Yusuf     Mohammed Abdulahi     Okin Biscuits     Kwara TV     Aishatu Ahmed Gobir     Olaiya Zuberu     KWASEIC     Shuaibu Yaman     Suraj Tunji Oyewale     Kamoru Kadiri     Adamu B. Yaqubu