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.

Abdulwahab Oba     Ibrahim Kayode Adeyemi     Shoprite     Ahman Pategi University     Agbarigidoma     Seun Bolaji     Suwa-Arabs     Doyin Group     Madawaki Of Ilorin     Ariyo     Durosinlohun Atiku     Oyun     Kwara United     Ahmed Shuaib Buranga     Laboratory-to-Product     Justina Oha     Lanre Badmus     National Pilot     CELF     Sheu Ndanusa Usman     Special Adviser On Digital Innovation     Ajakaye     Muideen Olaniyi Alalade     Yaman     Abubakar Usman Jos     Ubandoma     Aliyu Olatunji Ajanaku     Abdulrauf Yusuf     Sa\'adu Salau     Ishak Mohammed Sabi     Kola Ologbondiyan     Ilorin Like-Minds     Abdulrazaq Adebayo     Lawyers Unite Against Corruption     MINILS     Christopher Odetunde     Doyin Agbamu     Haliru Dantoro     Abdullahi Biffo     Suleiman Abubakar     Iyabo Adewuyi     Olatunde Olukoya     Leke Ogungbe     Dar-Al-Handasah Consultants     Mike Omotosho     Saeedat Aliyu     Radio Kwara     Simeon Sayomi     Ilorin East/South Federal Constituency     Kwara State Internal Revenue Service     Yusuf Ali     Obuh     Taofik Abiodun Ahmed     ASMAU PLAZA     Bilikis Oladimeji     Ike Ekweremadu     Muyideen Ajani Bello     Ado Ibrahim     Abdulmutalib Shittu     Ilesha-Gwanara     Baruba     Matthew Okedare     Lotus Bank     Lukman Oyebanji Fagbemi     Ilorin Central Mosque     Kazeem Oladepo     Kamoru Kadiri     Oko     Salman Jawondo     Turaki     Abdulkadir Bolakale Sakariyah     Samari     Raliat AbdulRazaq     Mutawali     Oba Mogaji Abdulkadir     Elerin Of Erin-Ile     Pius Abioje    

Cloud Tag: What's trending

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

Gbenga Adebayo     Yusuf Abdulwahab     Abatemi-Usman     Abdulwahab Olarewaju Issa     Modibbo Kawu     Lasiele Alabi Yahaya     Jelili Yusuf     Sadiq Buhari     Abdul-Rahoof Bello     Kale Belgore     Galland Marcias     Ubandoma Of Ilorin     Lanre Badmus     ASKOMP     Maryam Nurudeen     Abubakar Lah     Sulyman Buhari     Nagode     Titus Ashaolu     Bola Sagaya     Muhammad Akande Olarewaju Odunade     Risikat Lawal     Fatai Olodo     Ahman Pategi     Alabi Olayemi Abdulrazak     Ekweremadu     Alabe     Mohammed Tunde-Jimoh     Ilesha-Baruba-Gwanara     Eghe Igbinehin     General Hospital, Offa     Shola Odetundun     Mahmud Babatunde Baker     CCT     Ejidongari     Joseph Offorjama     Tunji Folami     Ilorin Talaka Parapo     Yusuf Lanre Badmas     Abdulganiyu Oladosu     Adeniyi Ojo     Abdulrazaq Akorede     Kwara Basketball Association     Women Radio     Islamiya Abdulraheem     Olatunji Abdulmumeen     Oni Adebayo     Coalition Of Kwara North Groups     Baaziki Sulaiman     Tinubu     IHS Towers     Adebayo Salami     Haashim Initiative For Community Advancement     Sabo-Oke     Salman Alada     Naira Redesign     IEDPU     Hussein Oloyede     Hassan Saliu     Face Masks     Abubakar Bature Sulu-Gambari     Budo-Egba     Iyeru Grammar School     Mashood Dauda     Aliyu Muhammad Saifudeen     Gani Saadu     Ope Saraki     Modupe Oluwole     Isiaka Danmeromu     Abdulganiy Abimbola Abdussalam     Senior Ibrahim Suleiman     Tsaragi/Share     Samuel Olusegun Adedayo     Ilorin West/Asa Federal Constituency     David Oyedepo     Florence Saraki     Adesoye