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.

Yakubu Gobir     Segun Ogunsola     Dauda Adesola     Ita-Ore     Adamu Ibrahim Sabi     Binta Abubakar Mora     Special Adviser On Digital Innovation     Wahab Kunle Shittu     Shehu Raheem Adaramaja     March 28     Bolaji Aladie     March 18     Sheikh Ridhwanullah El-ilory     Sobi     Ahman Pategi University     Sai Kayi     Congress For National Consensus     Edu     Vasolar-Kwara Company Ltd     Biliaminu Aliu     Park     Lawal Olohungbebe     Adebara     Kaiama     Olaoye B. Felix     NFAI     Galadiman Ngeri     Yaru     Kwara-SAPZ Project     Kwara State Coalition Of Business And Professional Associations     Federal Polytechnic Offa     Timothy Akangbe     Read With Me     Kumbi Titiloye     Abdulwasiu Bolaji Adeyi     Joseph Daudu     Joseph Alex Offorjama     Neuropsychiatric Hospital     Deji Ajani     Emir Of Shonga     Simeon Ajibola     Muritala Awodun     Senate Presidency     Abdulraheem Yusuf     Photo News     Ayodele Shittu     Ayodele Olaosebikan     Sulyman Age AbdulKareem     Akanbi-Oke     Government High School (GHS), Adeta     Is\'haq Modibbo Kawu     Abdul-Rasheed Na\'Allah     Yahaya Abdulkareem     Metro Park     Adekunle David Dunmade     Ibikunle Ogunleye     Paul Olawoore     Fatai Adeniyi Garba     Dapo Teni Nig Enterprise     Turaki Of Ilorin     MATTA Girls Foundation     Joseph Bamigboye     Kwara South     Jumoke F. Ajao     Akume     College Of Health     Issa Manzuma     Rafiu Ajakaye     Rotimi Atere     Olaiya Lawal     Kayode Bankole     Taofik Mustapha     Revenue Court     Tunji Folami     Folorunsho Alao     Shero     Gobir    

Cloud Tag: What's trending

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

Rotimi Atere     Abiodun Musa Aibinu     Gbugbu     Wahab Issa     Jimoh Lambe Abdulkareem     Irepodun     George Funsho Adebayo     National Party Of Nigeria     Aliyu Olatunji Ajanaku     Federal Road Maintenance Agency     Kwara State Television     Otoge     Okiki     Ilorin Innovation Hub     CACOVID     Abdulmajeed Abdullahi     Lukman Adeloyin     Doyin Agbamu     Ilorin West/Asa Federal Constituency     Lanre Jimoh     Yakub Ali-Agan     Ishaq Oloyede     Valsolar Consultoria     Kola Bukoye     Danladi     Aliyu Muhammed     3MTT     Femi Ogunsola     Senior Staff Union Of Colleges Of Education     Arinola Lawal     V.O. Abioye     CACOVID Palliatives     Yusuf Lanre Badmus     Aso-ofi     NULGE     Omotosho     Asa     Ahmed Alhasssan     Ibrahim Bio     Bello Oyedepo     Kwara State Printing And Publishing Corporation     Allocation     AbdulRauf Keji     LEAH Charity Foundation     Tunde Kazeem     Suleiman Idris     Kwara State Council Of Chiefs     Ibrahim Agboola Gambari     Kazeem Gbolagade     Saba Jibril     Victor Gbenga Yusuf     TESCOM 2025     Yahaya Muhammad     Mohammed Alabi Lawal     Emir Of Shonga     Isau     Kwara State Sports Commission     Maigida     Kamaldeen Kehinde     Ibrahim Abduquadri Abikan     Adesina Simon Sodiya     NTA Ilorin     Bamidele Adegoke     Tanke Road     Jani Ibrahim     Students Union Government     International Vocational Centre     Mustapha Akanbi     Bola Shagaya     Frootify     Bola Ahmed Tinubu     Kwara 2015     Dan Iya Of Ilorin     Ishola Balogun Fulani     Eleyele     Ibikunle Ogunleye     Harmony Holdings