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.

Plat Technologies     Col. Adedipe     Saad Belgore     Ilorin East/South Federal Constituency     Ilorin Airport     Ayobami Seriki     Jimoh Lambe Abdulkareem     Pakata     Alfa Modibbo Belgore     Olatunji Ibrahim     Apado     Centre For Peace And Strategic Studies     Amuda Bembe     IEDPU     Ebola     Muhammed Mahe Abdulkadir     Oluwole Dupe     Shuaib Abdulkadir     KWIRS     Mahmud Babatunde Baker     Shuaib Boni Aliyu     Isiaq Khadeejah     Kwara Apc     Local Government     KwaraLearn     Ahmed Dankaya     Adamu B. Yaqubu     Raliat Islamic Foundation     All Confederation Of Principals Of Secondary Schools     NTA Ilorin     Salaudeen Oyewale     Kola Ologbondiyan     Michael Nzwekwe     Government High School Adeta     Fatima Abolore Jimoh     Moses Rahman Popoola     Yusuf Lanre Badmus     Jebba     Timothy Olatunde Fadipe     Jelili Yusuf     Ilesha-Gwanara     Emir Of Shonga     Kulende     Bukola Ajikobi     Oloje     Bayer AG     Quarry Royal Valley     Salihu Alhaji Musa     Post-utme     Olohungbebe     Haliru Yahaya     Balikis Jawondo     Hassan Abdulazeez Elewu     Atiku Abubakar     Convocation Ceremonies     Femi Gbajabiamila     Kwarareports     Agboola Abdulraheem     Nigerian Medical Association     Amos Bajeh     John Dara     Elerinjare     Mohammed Jimoh Faworaja     Michael Imoudu National Institute For Labour Studies     Rachael Obisesan     Saidu Yaro Musa     KWAFFA     IYA ALFA NLA     Olatunde Oyeyiola     Elese Of Igbaja     Toyosi Thomas     Oniyangi     Kehinde Boyede     Binta Abubakar Mora     Popo-Igbonna     Aremu Bose Deborah     Shettima    

Cloud Tag: What's trending

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

Sunday Otokiti     S.O. Opowoye     REO CAKES     Village Alive Development Association     Yunus Lawal     Lawal Olohungbebe     Busari Alabi Alausa     General Hospital, Ilorin     Oba Mogaji Abdulkadir     Idowu Laro     Kuliyan Geri     Onilorin     Mahmud Babatunde Baker     Emir Of Kano     Abubakar Abdulraheem     Lola Olabayo     Micheal Imodu-Ganmo Road     Innocent Okoye     CACOVID     Marafan Shonga     Offorjama     Hassan A. Saliu     Ahmed Dankaya     Chartered Institute Of Personnel Management Of Nigeria     Halidu Danbaba     Patience Jonathan     Sulyman Atolagbe Alege     NULGE     Universal Basic Education Commission     Raimi Iyanda     Sheriff Shagaya     Academic Staff Union Of Universities     Bola Shagaya     Fatimah Abdulkadir     Afolasade Opeyemi Kemi     Temitope Ogunbanke     Bolakale Kawu     Abdullahi Saadudeen Alikinla     Elesie Of Esie     Ohoro Of Shao     IsDB     Sheu Ndanusa Usman     Aisha Ahman Pategi     Amuda Bembe     IPSAS     Ojo Fadumila     GANZY     Abdulazeez Arowona     Ilorin Muslim Community     Aro Yahaya     Segun Ogunsola     Kwara Pdp     Shehu Alimi Foundation For Peace And Development     Sam Okaula     Igbaja     Lafiagi     Amule Elementary School     Abubakar B.M     Sarafadeen Kayode Akorede     Muritala Awodun     Kola Ologbondiyan     Gbemi Saraki     Council Of The Wise     Makama Of Kaiama     Mamatu Abdullahi     Aliyu Kora Sabi     Mustapha Olanipekun     Quareeb     AbdulRaheem Ahmad Shayi     Atiku     Pakata     TETFUND     JSSCE     Ayobami Akanbi     KWASAA     Lai Mohammed     General Tunde Idiagbon International Airport Ilorin