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.

Tsado Manman     Oro Grammar School     Waheed Ibrahim     Salman Suleiman     Tafida Of Ilorin     Garba Dogo     Omoniyi     Ilorin International Airport     Local Government Pension Board     Mutawali Of Ilorin     Kisira     Majlis For Sadakah, Zakat And Waqf     Wahab Femi Agbaje     Daud Adeshola     Oluwatoyin Lukman     International Public Sector Accounting Standards     Ophthalmological Society Of Nigeria     Reuben Paraje     Yusuf Amuda Aluko     FERMA     Niguel Gallando Marcias     Moshood Mustapha     Muyiwa Oladipo Kanu     Yusuf Lawal     Tinubu     Sunday Otokiti     Towoju     Tafidan Kaiama     Ajakaye     Kamaldeen Gambari     Omoniyi Ayinla     Ayo Adeyemi     CBT     Abdulrahman Abdulrasaq     Bayo Ojo     Salman Alada     Olokoba Sulyman     Ilorin     Unilorin     Kolawole Akande     Abraysports FC     CLAY POT     Usman Rifun     BIR     Abegunde Goke     Abdulrasaq Alaro     Savannah Centre For Diplomacy, Democracy And Development     Umaru Saro     Ashiru     Dunmade     Solomon Edojah     Bola Ahmed Tinubu     Okin High School     Durbar Festival     Saliu Ajia     Ilorin West/Asa Federal Constituency     Elewu     Olokoba Abdullahi Ayinla     Rebecca Bake     Olatunde Michaels     Tunji Olawuyi     Bashiru Makama     Funmilayo Zubair     Ado Ibrahim     Federal Road Maintenance Agency     Ejidongari     Javed Khan     Eghe Igbinehi     Siraj Oyewale     Isiaka Danmeromu     Damilola Yusuf Adelodun     Smart School     Earlyon Technologies     Muhammad Akande Olarewaju Odunade     Tanke     Joseph Alex Offorjama     Oke-Ode    

Cloud Tag: What's trending

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

Sheriff Shagaya     Halimah Perogi     Ileloke     Ahmad Uthman     Okasanmi Ajayi     Bankole Omisore     Sam Okaula     Trader Moni     Charles Ibitoye     Hassan Abdulazeez Elewu     Bolaji Nagode     Turaki     Kola Olota     Sarafadeen Kayode Akorede     Abdulmumin Yinka Ajia     Ministry Of Women Affairs And Social Development     Bello Oyebanji     Adanla-Irese     Omoniyi M. Ayinla     Sambo Murtala     Kwara State University Of Education     Olaitan Buraimoh     Jelili Yusuf     Kwara Politics     Ishola Moses Abiodun     Baaziki Sulaiman     Ubandoma Of Ilorin     Abdulganiyu Salahudeen     SWAN     Yusuf Amuda Abubakar     Women Radio     Okanlawon Musa     Oke-Ogun     Talaka Parapo     Assayomo     Sabi     Gbemisola Saraki     Jimoh Olusola Imam     Salman Suleiman     Rihanat Ajia     Olusin Of Ijara Isin     Hamza Usman     Plat Technologies Limited     Abdulkadir Orire     Micheal Imoudu     NAWOJ     Matthew Okedare     Aliyu U. Tilde     Babatunde Ishola Babaita     Tunde Kazeem     Majlis For Sadakah, Zakat And Waqf     Mutawalle     Samari     Sobi Specialist Hospital     Kehinde Boyede     Freshvine Nigeria Limited     Adedayo Yusuf Abdulkareem     Ganmo     IDPU     IF-K     Oasis Muslim Care Foundation     Segun Abifarin     Muslim Stakeholders Of Kwara State     Bayo Onimago     Ilorin West     Kamaldeen Kehinde     Gobirawa     COVID-19 Palliatives     Atiku Abubakar     TVC Female National Debate     Abdulrazaq Solihudeen     Idiagbon     CACOVID Palliatives     Kayode Oyin Zubair     Opolo Global Innovation Limited     Jalala     Marafan Shonga