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.

Bamidele Adegoke Oladimeji     Senate President     Christopher Ayeni     Ayinde Oki     Nurudeen Mohammed     Ajayi Okasanmi     Bello Oyedepo     Stephen Fasakin     Tricycle Owners Association Of Nigeria     Abdullateef Abdussalam     Arinola Fatimoh Lawal     Goodluck Jonathan     Abdulrahman Abdulrasak     Taibat Ayinke Ahmed     Ayedun     Ilorin Talaka Parapo (ITP)     Tanke Flyover Bridge     Ilorin South     Diagnostic Centre     Bio Ibrahim     Kaiama     MalHub     Temitope Ogunbanke     Senior Ibrahim Suleiman     Olusin Of Ijara Isin     Twitter     Fareedah Dankaka     Kwara Coalition Of Business And Professional Associations     FOMWAN     Ahmad Uthman     Halidu Danbaba     Gambari     Kwara United     Muideen Olaniyi Alalade     Labaeka     Olatunji Ayeni     JAMB     Quareeb Islamic Association     Ilesha Gwanara Road     Femi Agbaje     Ahmed Saidu Rufai     Abdulkarim Adisa     Babata     Peter Amogbonjaye     Police Commissioner     Yakubu Shaaba     Funmilayo Zubair     Dar-Al-Handasah Consultants Ltd     Sango-UITH Road     Suleman Abubakar     Lithium Deposit     Ibrahim Jawondo     Kehinde Baale     Assayomo     Suwa-Arabs     Sabitiyu Grillo     Colleges Of Education Academic Staff Union     Oloje     Maimunat Oloriegbe     Ijagbo Health Centre     Awoye     Harmony Holdings     United Nigeria Congress Party     Ojo Isekuse     Atiku Abubakar     Habeeb Abdullahi Al-Ilory     Sai Kayi     Balogun Fulani     Aliyu Muhammed     Riskat Opakunle     Yusuf Abdulraheem     Aishat Sulu-Gambari     Shehu Alimi Foundation     John Kehinde Salako     Abdulmumini Jawondo     Igosun     Sherif Shagaya    

Cloud Tag: What's trending

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

The Herald     Kwara State Coalition Of Business And Professional Associations     New Model Police Station     Abdulganiyu AbdulAzeez     Susan Modupe Oluwole     Hijab     Temi Kolawole     JAMB     Kwara University Of Education     Amasa     Islamiya Abdulraheem     Abubakar Abdullahi Bata     Simon Sayomi     Yusuf A. Usman     Dan-Kazeem     Durbar     Isiaq Khadeejah     Tafida Of Kaiama     Aliyu Muhammad Saifudeen     Abdulwahab Olarewaju Issa     Saba Mamman Daniel     Students Union Government     Erubu     Muslim Media Watch Group Of Nigeria     Abdulrasaq Alaro     Bello Abubakar     Idofin     Code Of Conduct Bureau     Hajj     Quarry Royal Valley     KSIRS     2023 Elections     Oro Grammar School Old Students Association     Amada Jidda     Olabanji Orilonishe     Okiki     Adebara     Muhammad Ghali Alaaya     Bayo Ojo     Aro Yahaya     Moro     Aliyu Sabi     Laduba     Damilola Yusuf Adelodun     Isapa     Ita-Ore     Mohammed Jimoh Faworaja     John Mayokun Dada     Sulyman Tejidini     Marafan Shonga     Metro Park     Olatunji Bamgbola     CCEPE     Tanke Flyover Bridge     Abdulfatai Ahmed     Smart School     Tricycle Owners Association Of Nigeria     Alfa Yahaya Road     Idris Amosa Oladipo Saidu     Federal Polytechnic Offa     Alloy Chukwuemeka     Rafiu Ibrahim     Www.Kwarareports.com     Mustapha Akanbi     Gambari     Ayoade Akinnibosun     Elekoyangan     Ajakaye     Congress For National Consensus     Charcoal     Trade Lenda SME Fair     New Nigeria People’s Party     Hydroelectric Power Producing Areas Development Commission     Afolabi-Oshatimehin Adenike Harriet     Ayekale     General Hospital, Offa     Ayeyemi Sulaiman