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.

Oluranti Idowu     National Party Of Nigeria     Iyiola Oyedepo     Olajumoke Monsura Gafar     Abatemi Usman     Eleja Taiwo Banu     Share/Tsaragi     Olokoba Abdullahi Ayinla     Ayo Adeyemi     Igbaja     Waheed Ibrahim     Lai Mohammed     Raliat Islamic Foundation     CLAY POT     Rachael Obisesan     Muhammad Fawaz Abubakar     Dar-Al-Handasah Consultants Ltd     Ghali Muhammed     Kunle Suleiman     Saidu Kawu     Medview Airlines     Kwara South     Abdulganiyu Oladosu     Kwara State Branch Of The National Library     Danladi     Bond     07039448763     Ibrahim Abdullahi     Erubu     Bolaji Abdullahi     Ibrahim Akaje     Okin Biscuit     Abdullahi Dasilva Yussuf     Quarry Royal Valley     Olatunji Abdulmumeen     Saliu Tunde Bello     Yunus Lawal     Moses Salami     Mohammed Lawal     Alaiye     Garba Idris Ajia     NULGE     Sola Saraki Educational Foundation     Oke-Oyi     Lithium Deposit     Emir Of Kano     Taofik Abdulkareem Babaita     Samuel Olusegun Adedayo     Abdullahi Imam Abdullahi     Musa Abdullahi     LAK Jimoh     MAI Akande     Otuka     Sobi FM     Abubakar Baba Sulaiman     Bilikis Oladimeji     Ibrahim Oniye     Joseph Bamigboye     Abdulquawiy Olododo     Abdulrazak Shehu Akorede     Ajakaye     Ilesha-Baruba     Allocation     Makama Of Ilorin     Cassava Growers\' Association     Suleman Abubakar     Twitter     Wahab Femi Agbaje     Oba Of Jebba     Hamza Usman     Fatimat Saliu     Olatomiwa Williams     Hassan Abdulazeez Elewu     Kannike     Sam Okaula     Bola Iyabo Ibiyeye Adisa     Daud Adeshola    

Cloud Tag: What's trending

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

Suleiman Ajadi     Alikinla     Temi Kolawole     Agboola Abdulraheem     Sa\'adu Salau     Asa     Emir Of Shonga     Oko-Erin     Afolasade Opeyemi Kemi     Makama Of Kaiama     Babata     Dunmade     A.G.F Abdulrasaq     Christopher Tunji Ayeni     Otuka     Yakub Lai Gobir     Adedipe     Prince Bola Ajibola     Sheikh Ridhwanullah El-ilory     Saka Asiat Ayinke     Yahaya Seriki     Coalition Of Kwara North Groups     Iyiola Oyedepo     Baaziki Sulaiman     LABTOP     Ibrahim Kayode Adeyemi     Dauda Adeniran Adeshola     Sulyman Atolagbe Alege     Lola Olabayo     Ahman Pategi     Siddiq Adebayo Idowu Salawu     Peter Amogbonjaye     Eruku     Kpotum Mohammed Baba     KSIRS     Minimum Wage     Photo News     Olabode Towoju     Baba Issa Awoye     Sulyman Age AbdulKareem     Clara Nwachukwu     Jide Oyinloye     Kwara State Football Association     Toyin Olayinka Tejidini     Yusuf A. Usman     Oye Tinuoye     UNILORIN Alumni     Plat Technologies     Abdul Jimoh Mohammed     Olawuyi     Aisha Ahman Pategi     Buari Edun     Adekunle David Dunmade     Balogun Ajikobi     PAACO-PCL Consortium     Kola Olota     Mahe Abdulkadir     Yoonus Kola Olatinwo     Ibraheem Adeola Katibi     Abdulrasheed Lafia     Allocation     Aliyu Kora-Sabi     CUTI     Abdullahi Saadudeen Alikinla     Tanke Flyover Bridge     Cassava Growers\' Association     Nigeria Foundation For Artificial Intelligence     Lanre Jimoh     Tinubu Legacy Forum     Abdulrahman Abdulrazaq     Bio Ibrahim     Ekiti     Tanke     Haleeman Salman     Kwara Coalition Of Business And Professional Associations     Suleman Abubakar     Toyin Saraki