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.

Makama Of Kaiama     Katibi Ibraheem Adeola     Sa\'adu Salau     Jumoke F. Ajao     Dan Iya     Ibrahim Agboola Gambari     Ayegbeni     Abdulkareem Alabi     Kayode Ishola     Kayode Ogunlowo     Kulende     Wahab Kunle Shittu     Sola Saraki Educational Foundation     Minister     Nigerian Supreme Council For Islamic Affairs     Oniyangi Kunle Sulaiman     TETFUND     Okeose Christian Cementary     Yusuf Amuda Gobir     Oasis Muslim Care Foundation     Village Alive Development Association     Quran     Aremu Odolaye     Abubakar Suleiman     Abioye Bello     Rafiu Olasile     Tunji Arosanyin     Olatunji Moronfoye     Maryam Ado Bayero     Issa Oloruntogun     Facebook     Sunday Otokiti     Sai Kayi     Ike Ekweremadu     Y.A. Abdulkareem     Pakata     Idris Garuba     Tunde Oyawoye     Forgo Battery     Ahmed Idris Mohammed     State Bureau Of Internal Revenue     Yomi Ogunsola     Adolescent Girls Initiative For Learning And Empowerment     NULGE     Abdulraheem Olesin     NYSC     Shade Omoniyi     Amosa     Toyin Sanusi     Shoprite     Crystal Corner Shops     Ayo Salami     Oke-Ode     Special Agro-Industrial Hub     HAMFAT Clinic And Maternity     Code Of Conduct Bureau     Markaz Arabic And Islamic Training Institute, Agege     A.O. Belgore     David Oyepinola Adedumoye     Adamu B. Yaqubu     Saadu Yusuf     Yahaya A Paniyaro     LAK Jimoh     Barakat Community Secondary School     Olaitan Buraimoh     Saduki Lafiagi     Revenue Court     NURTW     Makama     Ibrahim Taiwo     Ilorin Water Reticulation     Bashir Badawi     Photo News     Aminu Adisa Logun     Taofik Abiodun Ahmed     Moronfoye     Zulkifli Ibraheem    

Cloud Tag: What's trending

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

Suleiman Rotimi Iliasu     Mufutau Gbadamosi Esuwoye     Olupako     Ibrahim Abdullahi     Onilorin     Bolaji Nagode     Cassava Growers\' Association     IFK     Isiaka Alikinla     KWSIEC     Ayodele Olaosebikan     Aliyu Alhassan     Ahmed Dankaya     Quran     Chief Imam Of Omu-Aran     Gobirawa     Ohoro Of Shao     Raliat Islamic Foundation     Jide Oyinloye     Oni Adebayo     FOMWAN     Al-Ilory     Muideen Olaniyi Alalade     Omoniyi Ayinla     ANCOPPS     Iqra Books     Ahmed Ayinla Jimoh     Farouk Salim     Oro Grammar School     Makama Of Kaiama     Oke-Ero     Olukotun Of Ikotun     Oluwatoyin Lukman     Fulani     Muhammad Fawaz Abubakar     Rabiu Kwankwaso     High Court     UITH     Kwara Primary Health Care Development Agency     Sheu Ndanusa Usman     Yahaya Jibril Usman     National Information Technology Development Agency     Ilofa     Kwara Poly     Junior Secondary School Certificate Examinations     Madawaki     Yahaya Seriki Gambari     Maja     JUSUN     Senate President     Mazars Consulting     Suleiman Alege Kuranga     Ilesha-Baruba     Shehu Jimoh     General Hospital, Ilorin     Pakata Development Association     Summit University     Lukman Oyebanji Fagbemi     Simon Sayomi     Timothy Akangbe     ER-KANG Mining     VADA     Abdulrazaq Solihudeen     Olabimpe Olani     Sam Okaula     Elelu     Omotoso Musa     Charcoal     Moses Adekanye     Prince Bola Ajibola     TESCOM 2025     Bankole Omisore     Abubakar Usman Jos     Bayo Ajia     Kisra     Amusement Park     Gbenga Olawepo