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.

AbdulRahman Saad     Usman Rifun     Imam Gambari     John Olajide Adedipe     Halidu Danbaba     Shuaib Abdulkadir     Balogun-Ojomu     Dan Iya Of Ilorin     Mufutau Gbadamosi Esuwoye     Ilorin West/Asa Federal Constituency     Ethical College     Muhammad Ghali Alaaya     Yusuf Abubakar     Saliu Oluwole     Taofeeq Olateju     Abdul Jimoh Mohammed     Millennium Development Goals     Alikinla     Sheikh Hamzat Yusuf Ariyibi     Vasolar-Kwara Company Ltd     Mahee Abdulkadir     Joseph Offorjama     Ekiti     Isaac Gbenle     Onikijipa     ANCOPPS     Bankole Omishore     MATTA Girls Foundation     Kayode Oyin-Zubair     First Lady     Shade Omoniyi     Okala Baba     Elerinjare-Ibobo     Magaji Nda     Kaiama     Sobi Specialist Hospital     Local Government     Sa\'adu Salau     March 18     Ilorin East     Kumbi Titilope     Ballah     Photo News     Abubakar Ndakene     Oro Grammar School     UITH     Abdullahi Dasilva Yussuf     Atunwa     Emir Of Yashikira     Abegunde Goke     Muslimah Entrepreneurship Forum     AGILE Programme     Ramat Oganija     Simeon Ajibola     Segun Olawoyin     Press Release     Tunji Olawuyi     Manzuma     Ahmad Uthman     Awoye     Col. Taiwo     Christopher Tunji Ayeni     Eleja Taiwo Banu     Aliyu Kora-Sabi     Okeose Christian Cementary     Salihu Ajia     Unilorin     Sola Saraki University     Ado Ibrahim     LAK Jimoh     Kwara TV     David Oyerinola Adedunmoye     Olaitan Adefila     Kumbi Titiloye     KWASSIP     Kwara State Football Association     Tunde Akanbi    

Cloud Tag: What's trending

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

Olupako     Abdulmumin Yinka Ajia     Saadu Gbogbo Iwe     Bolaji Nagode     Soffiyyallah Kamaldeen     Christopher Ayeni     Gobir     Yakubu Gobir     Buari Edun     Rachael Obisesan     Sebastine Obasi     Roseline Oni Aremu     Valsolar-Kwara Company Limited     UITH     Emmanuel Olatunji Adesoye     Salmon Babatunde Salmon     AGF Abdulrazaq     General Hospital, Offa     Iyaloja-General     Okiki     Aliyu Salihu     John Olajide Adedipe     Garba Dogo     Durbar     Alloy Chukwuemeka     Lawal Arinola Kudirat     Balogun-Ojomu     Sulyman Atolagbe Alege     Agbarigidoma     Abdulquowiyu Olododo     Tafida Of Kaiama     Adamu Atta     Iyeru Grammar School     Kwara Metro Park     Sheu Ndanusa Usman     Oladipo Akanmu Tolani     Maigida     Haashim Initiative For Community Advancement     Abdulhakeem Amao     Femi Ogunsola     EndSARS     Vasolar     Millennium Development Goals     Yusuf Abdulraheem     Usman Yunusa     Lanre Aremu     Olaitan Adefila     Saad Omo\'ya     Samuel Adedoyin     Ilorin     Oko Erin     Yekini Adio     Waheed Ibrahim     Babs Iwarere     Vasolar-Kwara Company Ltd     Kolade Solagberu     Alaro     Haleeman Salman     Laboratory-to-Product     Cassava Growers\' Association     Monsurat Omotosho     Local Government Pension Board     Binta Sulyman     Sherif Sagaya     Mogaji Aare     AbdulKareem Yusuf Danhawa     Abatemi Usman     Tescom.kwarastate.gov.ng     Atiku     Logun     Kwara State Governor     Yoonus Lawal     YAKOOYO     Odogun Olushola Gabriel     Umar Bayo Abdulwahab     Owode Market     College Of Arabic And Islamic Legal Studies