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.

Joseph Offorjama     Muhammadu Gobir     Abdulfatai Salman Baakini     Abraham Ojo     Sebastine Obasi     Bursary     JUSUN     AbdulRazaq AbduMajeed Alaro     Doyin Awoyale     Oyawoye     Sunset Workers     Crystal Corner Shops     Ramat Oganija     Moji Makanjuola     Musbau A. Akanji     Ita-Ore     Afusat Nike Ibrahim     Dorcas Afeniforo     Post Utme     Alloy Chukwuemeka     Abdullahi Samari     Abdulwahab Ololele     Saadu Gbogbo Iwe     Abdulkadir Jimoh     Aminat Omodara     Presidential Election     IDPU     Babaita     Sulyman Age AbdulKareem     Okiki     Abdulkadir Bolakale Sakariyah     Khadijat Ayoola Yusuf     Ilorin     Ayinde Oyepitan     Solomon Edoja     Local Government Pension Board     Ojuekun     Sidikat Akaje     Abdullah Janet Amudat     Aliyu Olatunji Ajanaku     Oniyangi Kunle Sulaiman     Senior Staff Union Of Colleges Of Education     Oniwa     Yusuf Abubakar     Aliyu Alhassan     Just Event Online     Laduba     Toun Okewale-Sonaiya     Mohammed Danjuma     Saka Adeyemo     Asa LGEA School     Gbadeyan Gbadura Yomi     Yusuf Amuda Aluko     Ayinke Saka     Peculiar Allowance     Vasolar Consultoria     Offa Poly     Yusuf Ali     Sarakite     Mopelola Abdulmaliq-Bashir     Suleiman Rotimi Iliasu     Aliyu Salihu     Yusuf Ibitokun Sherifat     Sheikh Alimi     Ibrahim Orire     Seni Saraki     Logun     Aasiyat Bello Oyedepo     Mahmud Babatunde Baker     Bolakale Ayo     Idiagbon     Olawuyi     Jumoke Gafar     Muhammed Taofeeq Abdulrazaq     Ishaq Salman     Oke-Ogun     Tanke Road    

Cloud Tag: What's trending

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

Oja-Oba     Sulyman Age AbdulKareem     Oke Sunna     Awili Pedro     Halimat Yusuf     Olatomiwa Williams     Saidu Isa     Maja     Balogun Ajikobi     Lawal Arinola Kudirat     Bolaji Gambari     Moro     Amule Elementary School     Moses Adekanye     Shao     Offa Metropolitan Club     Oba Abdulrahim     Moses Afolayan     Kwara 2023     CUTI     Shade Omoniyi     Ibrahim Sulu Gambari     Ahmad Fatima Bisola     Ajase-Ipo     Bashir Badawi     Yinka Aluko     Akom Construction And Engineering Synergy Ltd     Baboko     Ojuekun     Aminu Ado Bayero     MMWG     Ilorin Durbar     Ajibola Ademola Julius     Salaudeen Oyewale     Bayo Onimago     COVID-19 Palliatives     Opaleke Bukola Iyabo     Kishira     Yahya Mohammed     Ahmed Mohammed Rifun     Onilorin     Kwha.gov.ng     Anilelerin     Lanre Issa Onilu     Toyin Falola     Awodun     Owu Fall     Face Masks     Bibire Ajape     High Court     JAAC     Adamu Atta     Moses Rahman Popoola     JSSCE     Sheriff Shagaya     M.Y. Abdulrahaman     Isapa     Muideen Olaniyi Alalade     Idowu Laro     Abdullahi G. Mohammad     Saduki Lafiagi     Iyabo Dupe Adekeye     Aliyu Muhammad Saifudeen     Usman Alkali Baba     Curfew     Mohammed Lawal     Adanla-Irese     Emmanuel Olatunji Adesoye     Awwal Jawondo     Ibrahim Oloriegbe     Yashikira     Overland     Ishaq Oloyede     Idris Garuba     Omotoso Musa     Ilesha-Baruba-Gwanara     Hakeem Lawal