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.

Ileloke     Mufutau Olatinwo     Abdul-Rahoof Bello     David Adesina     Abdulkareem Alabi     Simeon Sayomi     Adolescent Girls Initiative For Learning And Empowerment     Babata     Al-Hikmah Radio     Prince Sunday Fagbemi     Saka Onimago     Lawal Olohungbebe     Wahab Issa     Ibrahim Akaje     Yekini Adio     Kwara Muslim Pilgrims Welfare Board     Kwara State Council Of Chiefs     Funmilayo Mohammed     Erin-ile     Kazeem Adekanye     MINILS     Ibrahim Bio     Okanlawon Musa     Lawal Arinola Kudirat     Code Of Conduct Tribunal     Isiaka Saka Opobiyi     Abdullahi Saadudeen Alikinla     Sarah Alade     Kwara State Television (KWTV)     Ilorin     Col. Ibrahim Taiwo     Magaji Nda     Gbugbu     Ado Ibrahim     Ilorin West     Afolabi-Oshatimehin     Ahman Patigi     Jimoh Olusola Imam     Wasiu Onidugbe     Taofik Abdulkareem     Yomi Ogunsola     Galland Marcias     Salman Alada     Olusin Of Ijara Isin     Sa\'adatu Modibbo-Kawu     Yetunde Balogun     Sheikh Alimi     Abubakar Ndakene     Gobir Organization Foundation     TIIDELab     BECE     Idofin     Ahmad Olayiwola Kamaldeen     Tanke Flyover Bridge     Aso-ofi     Omar Bolaji Gambari     Idris Amosa Saidu     Shehu Alimi Foundation     Durosinlohun Atiku     Chartered Institute Of Personnel Management Of Nigeria     Al-Ilory     Sabi     Abdullahi Samari     Kayode Zubair     Sola Saraki Educational Foundation     Student Learning Support Helpline     Aliyu Muhammed     Roheemat Hammed     Katibi Ibraheem Adeola     Jani Ibrahim     JUSUN     Saraki     Bond     Ajike People Support Centre     Oba Mogaji Abdulkadir     Okin Malt     Mutawali Of Ilorin    

Cloud Tag: What's trending

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

SDP     Omu Aran     Henry Olaosebikan     Aremu Bose Deborah     Harrison Osauwagboe     Olusin Of Ijara Isin     Galadiman Ngeri     Hamza Usman     Abdulrazak Shehu Akorede     Fareedah Dankaka     Kumbi Titiloye     Alikinla     KSIRS     Ogidi-Oloje     Olota Of Odo-Owa     Chief Imam Of Lafiagi     Gbenga Adebayo     Diagnostic Centre     Oba Abdulkadir La\'aro     Saliu Alamoyo     Sulyman Tejidini     Olabode Towoju     Jumoke F. Ajao     Musa Yeketi     Yusuf Amuda Gobir     Garba Dogo     Oloje     Akeem Lawal     Ibrahim Abdulqadir Abikan     Olupako Of Share     Oloruntoyosi Thomas     Sam Onile     Olomu Of Omu-Aran     Kunle Okeowo     Iliasu     Mohammed Saidu     AIT Ilorin     Tafida     Oba-Solagberu     Nurudeen Muhammed     Ojo Fadumila     Olusegun Adeniyi     Kwara State Branch Of The National Library     Tsaragi-Share     Arandun     Kayode Laro     Lotus Bank     Offa Poly     Oladipo Akanmu Tolani     Kola Ologbondiyan     Age AbdulKareem     Shaykh Luqman Jimoh     Ayedun     Yusuf Lanre Badmas     Yusuf Abdulraheem     Shettima Of Ilorin     Abdulrahman Abdulrazaq     Babaita     Bayo Ajia     GRA     College Of Education     Salami Adekunle     Oba Abu     Isin     Umar Ahmed Gunu     Iqra Books     Ayegbeni     Musa Alhassan Buge     Adamu Jemilat-Baki     Ibrahim Orire     Wahab Abayawo     Aliyu Salihu     Riskat Opakunle     Yemi Osinbajo     Saka Onimago     Elections     Shagari