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.

Abdulrosheed Okiki     Shuaibu Yaman Abdullahi     Kwara University Of Education     Ilorin Metro Park     Senate     Oniwasi Agbaye     JUSUN     Adeniyi Ojo     Dele Momodu     Umar Danladi Shero     Asa LGEA School     Alabe     Student Learning Support Helpline     Kazeem Gbolagade     Oba Abdulraheem     ENetSuD     Ahmad Uthman     School Of Nursing     Tayo Alao     KWTV     Ilorin Descendants Progressive Union     Tunde Mukaila Mustapha     SSA Youth     Shuaib Olarongbe     Colleges Of Education Academic Staff Union     Oba David Oyerinola Adedunmoye     Neuropsychiatric Hospital     Iyaloja-General     Shuaib Abdulkadir     Tunji Ajanaku     CT Ayeni     Tricycle Owners Association Of Nigeria     Kawu     GRA     Otoge     Farouk Salim     S.O. Opowoye     Ajia-Bako     Al-Adaby     Haliru Yahaya     Ilorin East/South Federal Constituency     Saka Keji     Abdulrazaq Aiyelabegan     Elese Of Igbaja     Ayinde Oyepitan     Olayinka Jelili Yusuf     Turaki     Joana Nnazua Kolo     20 Billion Bond     Dan-Kazeem     Ahmed Ayinla Jimoh     Societe Generale Bank Of Nigeria     Ben Duntoye     Haliru Dantoro     Mufutau Gbadamosi Esuwoye     Col. Taiwo     Issa Manzuma     Yakub Lai Gobir     Isiaka Yusuf     TETFUND     Yaru     Abubakar B.M     Surajudeen Akanbi     Hydroelectric Power Producing Areas Development Commission     Aliyu Muhammad Saifudeen     Aiyedun     Minimum Wage     Minister     National Pilot     Offa Poly     Aisha Ahman-Pategi     Micheal Imoudu     Rex Olawoye     Maimunat Oloriegbe     Ilorin East     Kazeem Adekanye     Doyin Awoyale    

Cloud Tag: What's trending

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

Iliasu     Olayinka Jelili Yusuf     Obayomi Azeez     Saad Omo Iya     Yakubu Gobir     Rebecca Olanrewaju     Elections     Omoniyi     Council Of The Wise     Yemi Osinbajo     Kemi Adeosun     Afetu Of Alabe     Kannike     Umaru Saro     Fatai Garuba Labaka     Nigeria Customs Service     Abdullahi Imam Abdullahi     Ilesha-Gwanara     Ilorin Descendants Progressive Union     Oluwatoyin Lukman     Kwara 2019     Isapa     Siraj Oyewale     Salmon Babatunde Salmon     Raji Ayodele Kamaldeen     Rachael Obisesan     MalHub     Mohammed Lawal Bagega     New Naira Notes     Aishatu Ahmed Gobir     Yusuf AbdulRasheed     Elerin Of Adanla     Salman Suleiman     Salman Alada     Abubakar Abdullahi Bata     Oke-Ode     Erin-ile     Alfa Yahaya Road     Binta Sulyman     SSUCOEN     Abdulwasiu Bolaji Adeyi     Abubakar Bature Sulu-Gambari     Teachers Specific Allowance     Alfa Modibbo Belgore     Ibrahim Oniye     Leke Ogungbe     KWASIEC     Micheal Imodu-Ganmo Road     Moses Salami     Owo Isowo     Raheem Adaramaja     Abdulrahman Abdulrasaq     Ita-Nmo Market     Moro     Simeon Sayomi     Kunle Okeowo     Kumbi Titiloye     Saduki Lafiagi     Suraj Tunji Oyewale     AbdulGaniyu Kareem     PharmAccess Foundation     Ike Ekweremadu     C2c@kwarastate.gov.ng     Modibbo Kawu     Kwara State Polytechnic     Gbenga Awoyale     Egbejila     Akorede     Mahe Abdulkadir     Abdulrasheed Na\'Allah     Ayedun     Shonga Farm Project     Lanre Badmus     Olatunji Ibrahim     Erubu Oba Zubair     Post-utme     Shuaib Abdulkadir