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.

Dan Iya Of Ilorin     Oluronke Adeyemi     Folashade Omoniyi     Yakubu Dogara     Yusuf Zulu-Gambari     Olaosebikan     Lawal Arinola Kudirat     Akanbi-Oke     IPSAS     Ishaq Salman     Christopher Tunji Ayeni     Abdulrahman Iliasu     Share/Tsaragi     Lanre Jimoh     Bashir Badawi     Yusuf Aiyedun     Inside Kwara     Government High School Adeta     Orisa Bridge     Kwabes     Aliyu Olatunji Ajanaku     Saliu Shola Taofeek     Saad Omo Iya     Joana Nnazua Kolo     Ishaq Abdulkarim     Hausa     Ilota     Elerin Of Erin-Ile     Emmanuel Olatunji Adesoye     Rotimi Atere     Isau     Abdulazeez Uthman     Surajudeen Akanbi     Sunday Otokiti     Aliyu Sabi     Saadu Gbogbo Iwe     Muhammed Danjuma     Alaiye     T And K FOODS     CCEPE     Mutawalle     Matthew Babaoye     Ali Ahmad     Eghe Igbinehin     Chartered Institute Of Personnel Management Of Nigeria     Magaji Are     Omotosho     ITEM 7     Aliyu Kora-Sabi     AbdulHamid Adi     Bello Bature     SSA Youth     Naira Redesign     Oluwole Dupe     Issa Memunat Moyosore     Sherif Sagaya     Ibrahim Abdullahi     Prince Sunday Fagbemi     Arinola Lawal     Aishatu Ahmed Gobir     AbdulGaniyu Kareem     Muftau Akanbi Oke     Kwara 2015     Saliu Oluwole     Elekoyangan     Taofeek Sanusi     Gbajabiamila     Issa Manzuma     Mansurat Amuda-Kannike     Toyin Abdullahi     Kwara State University Of Education     Isiaka Danmeromu     Stephen Fasakin     Taofik Abdulkareem Babaita     Kwara 2023     Muhammed Aliyu     Sobi    

Cloud Tag: What's trending

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

Olukotun Of Ikotun     C2c@kwarastate.gov.ng     Oke-Oyi     Hassan Abdulazeez Elewu     Nigerian Supreme Council For Islamic Affairs     Tunji Oyawoye     Saliu Mustapha     Oniye     IEDPU     Kolo     Oloyede     Ashiru     Kwara Liberation Group     Alore     Ibrahim Gambari     ARMTI     Council Of The Wise     Bio Ibrahim     Bola Magaji     Aso-ofi     AbdulRazaq Abubakar Jiddah     Aisha Abodunrin Ibrahim     Abdulkadri Ahmad Alaiye     Senior Ibrahim Suleiman     UTME     Volunteers Of Ilorin Community And The Emirate     Ayinde Oki     Hamza Usman     Abubakar Abdullahi Bata     Adamu Jemilat-Baki     Lawal Arinola Kudirat     Ghali Alaaya     National Pilot     Kolade Solagberu     Adam Abdullahi Al-Ilory     Micheal Imoudu     Mashood Abdulrafiu Agboola     Salary     Afusat Nike Ibrahim     John Dara     Khadijat Ayoola Yusuf     Mohammed Lawal Bagega     Cornelius Adebayo     NAWOJ     Kwara State Polytechnic     SSA Youth     Sabi     Dauda Adeniran Adeshola     Muhammed Mahe Abdulkadir     Ahmed Dankaya     Sulu Babaita Isiaka     Abubakar Baba Sulaiman     Grillo     Oloye     Kwara State Television (KWTV)     Yusuf Olaolu Ali     Lafiagi     Zubair Folorunsho Erubu     NURTW     Abdulrasaq Alaro     CACOVID Palliatives     Abdulrazaq Adebayo     Aishatu Ahmed Gobir     Mogaji Aare     Babaloja-General     Wahab Femi Agbaje     Alfa Belgore     Mansurat Amuda-Kannike     Abdulrahman Abdulrazak     Yakubu Danladi     Ilorin.Info     Kola Shittu     Yahaya Oloriegbe     Dauda Adesola     Mubarak Oladosu     Ganmo Power Sub-Station     Folorunsho Erubu