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.

Ayegbeni     3MTT     LEAH Charity Foundation     Kayode Ogunlowo     Ilorin South     Omupo     Chartered Institute Of Personnel Management Of Nigeria     Col. Ibrahim Taiwo     Arandun     Amina El-Imam     Local Government     Bola Olukoju     Sobi Hill     Oke-Ero     Eghe Igbinehin     Tunde Saad     Kwara Pdp     Paul Olawoore     Oko Erin     Just Law Forum     Sheu Ndanusa Usman     Bisi Kristien     Kayode Issa     Adanla-Irese     AbdulGaniyu Kareem     Isaac Gbenle     Ahman Pategi University     Saka Aleshinloye     IYA ALFA NLA     Nigerian Army     AIT Ilorin     George Innih     Imam Gambari     Ibrahim Abdullahi     Ayeyemi Sulaiman     Olupako     Coalition Of Kwara North Groups     Ajeigbe     Saliu Mustapha     Lanre Issa Onilu     Ayo Salami     A.O. Belgore     Ganiyu Taofiq     Abdulrasheed Akogun     TESCOM 2025     Yahaya Muhammad     March 18     SSUCOEN     Ilesha-Baruba     Babatunde Ajeigbe     Fatimah Abdulkadir     Chief Imam Of Offa     Dapo Teni Nig Enterprise     Afeyin-Olukuta     Florence Saraki     Mutawalle     Onilu     Vishvas KOZ Tractors     Ibrahim Gambari     Yusuf Ibitokun Sherifat     Oko     Babata     Kuliyan Geri     Aliyu Salihu     Toyin Abdullahi     Inside Kwara     Haliru Yahaya     Mumeen Lah     Kwara     Kamoru Kadiri     Vasolar Consultoria     Ibraheem Abdullateef     Saadu Yusuf     Abraham Ojo     Siraj Oyewale     Abdulfatai Salman Baakini     Oyawoye    

Cloud Tag: What's trending

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

Amuda Bembe     Dagbalodo     Kwara Central     Idris Amosa Oladipo Saidu     Mary Kemi Adeosun     Ajibola Saliu Ajia     Rebecca Olanrewaju     Peter Obi     General Tunde Idiagbon International Airport     Olajumoke Monsura Gafar     MINILS     John Olobayo     Henry Olaosebikan     Frootify     Is\'haq Modibbo Kawu     Olukotun Of Ikotun     Tunji Folami     David Adesina     Ahmed Bolaji Nagode     Ibraheem Abdullateef     Kwara State Council Of Chiefs     Magaji Are     Yomi Ogunsola     Share/Tsaragi     Raymond Olaitan     Bilikis Oladimeji     High Court     Victor Gbenga Yusuf     Vasolar Consultoria     Folajimi Aleshinloye     Yemi Sanni     Jawondo     Dorcas Afeniforo     International Public Sector Accounting Standards     Forgo Battery     2017 Budget     Ayo Opadokun     Mubarak Oladosu     Moronfoye     Abdulfatai Baakini     Moji Makanjuola     Hamza Usman     Ilorin East/South Federal Constituency     Henry Makinwa     Ubandawaki     Olusegun Adeniyi     Benin Republic     Salihu S. Yaru     ER-KANG Mining     Unilorin     Oba Sulaiman Asude     Oyun     Ejidongari     Okiki     Maigida     Bashir Badawi     Crystal Corner Shops     Salmon Babatunde Salmon     Sunday Popo-Ola     Alfa Modibo Belgore     Ayodele Kuburat Olaosebikan     Kwara State Government     Kisra     Haruna Olawale Sulaiman     Mahee Abdulkadir     Kehinde Baale     Bello Abubakar     Oyelere Oyinloye     Abubakar Imam     Oro Grammar School Old Students Association     Rafiu Ajakaye     Ado Bayero     Elerinjare-Ibobo     Alfa Yahaya Road     Oko Erin     Abubakar Baba     Funmilayo Braithwaite