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.

Biliaminu Aliu     Mohammed Alabi Lawal     Logun     Oloye     Suwa-Arabs     Playing Host     Lawal Olohungbebe     Olaosebikan     Kayode Ogunlowo     Jimoh Lambe Abdulkareem     Ahmad Lawan     Khairat Gwadabe     Suleiman Mora Omar     Garba Ado Sanni     Mazars Consulting     Abubakar Baba     Olanrewju Okanlawon Musa     Yetunde Balogun     Elese Of Igbaja     Theophilus Oyebiyi     Olokoba     Hakeem Lawal     Gbenga Awoyale     Aisha Abodunrin Ibrahim     Afolabi-Oshatimehin Adenike Harriet     Soffiyyallah Kamaldeen     Tunde Idiagbon Road     National Broadcasting Commission     Abdulkadri Ahmad Alaiye     Village Alive Development Association     Yahya Mohammed     Olayinka Oladapo Jogunola     Mujtabah Bature     Ile Arugbo     Adisa Logun     Yusuf Abdulwahab     Ojo Isekuse     Ijagbo Health Centre     IsDB     Moronfoye     Ella Supreme Tissue Paper     Adewuyi Funmilayo     Ishak Mohammed Sabi     Kwara Basketball Association     Yakub Ali-Agan     Lateef Fagbemi     Yusuf Ibitokun Sherifat     Atiku     Binta Abubakar-Mora     Saba Mamman Daniel     Fola Consultant     Bamidele Adegoke     Kwara South     Gbajabiamila     Kunle Okeowo     UTME     Sherif Sagaya     Adebayo Salami     Emir Of Kano     Aminu Ado Bayero     Lasiele Alabi Yahaya     Fatimoh Lawal     Garba Ayodele Wahab     Mamatu Abdullahi     Afetu Of Alabe     Afolayan     Ndakene     Yomi Adeboye     Oba Abdulrahim     Police Commissioner     KWASIEC     Ilorin Talaka Parapo (ITP)     Offa Grammer School     Ashiru     Adesina Simon Sodiya     Mohammed Yahaya Barki     Kwara 2019    

Cloud Tag: What's trending

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

Muhammed Akanbi     Taiwo Joseph     Kwara Volleyball Association     Dar-Al-Handasah Consultants     Ijagbo     Florence Saraki     Halimat Yusuf     Okeose Christian Cementary     Matthew Okedare     MATTA Girls Foundation     Turaki Of Ilorin     Mubarak Oladosu     Saheed Akinwumi     Funmilayo Isiaka Oniwa     Lukman Adeloyin     Kamoru Kadiri     Yahaya A Paniyaro     Simeon Sule Ajibola     ASUU     Bamidele Adegoke     Rice Farmers Association Of Nigeria     Olabanji Orilonishe     School Of Nursing     Egbewole     Jimoh Akani     Temi Kolawole     Ebola     Kayode Yusuf     Lanre Issa Onilu     Sheikh Ridhwanullah El-ilory     Idi-Ape     Tope Daramola     Majlis For Sadakah, Zakat And Waqf     National Pilot     Bolaji Nagode     Mohammed Lawal     Mohammed Katsina Ahmed     Kolade Solagberu     Ibraheem Abdullateef     Bashir Adigun     HICA     Rafiu Olasile     Pakata Development Association     Adeola Abraham     Raliat Elelu-Habeeb     Abiodun Jacob Ajiboye     Abubakar Imam     Obasanjo     Hajj     Radio SBS     Nigerian Supreme Council For Islamic Affairs     Lithium Deposit     Garment Factory     Musbau A. Akanji     Sarafadeen Kayode Akorede     Unilorin     Kpotum Mohammed Baba     Opobiyi     Sardauna Of Ilorin     Awili Pedro     Ganmo     Ilorin Amusement Park     Mohammed Khadijat Kubura     Sulu Babaita Isiaka     Gurei     07039448763     Iyaloja-General     Ayodele Shittu     Niguel Gallando Marcias     Frootify     Mufti Of Ilorin     Alabe     Adedipe     Muideen Olaniyi Alalade     Omotoso     AGILE Programme     Adedayo Yusuf Abdulkareem