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.

Musa Alhassan Buge     Malete     Tunde Akanbi     Ibrahim Abduquadri Abikan     Ibrahim Abikan     Vasolar     Yoruba     Ijagbo Health Centre     Oke-Oyi     Ayo Adeyemi     Kwara Polytechnic     Joseph Alex Offorjama     MINILS     Haleeman Salman     Kwara South     Air Peace     Sulaiman Gado     Abubakar Kawu Baraje     N-Power     Taofik Abdulkareem     Chief Imam Of Lafiagi     Binta Sulyman     Old Oyo     Fatai Olodo     ANCOPPS     Olabode Towoju     Isin     Ganiyu Abolarin     Abdulrasheed Na\'Allah     AbdulRazaq AbduMajeed Alaro     Tinubu Legacy Forum     Folorunsho Erubu     Joseph Daudu     Lateef Alagbonsi     Elerinjare-Ibobo     Igosun     Principal Private Secretary     Olaosebikan     Madawaki     Saeedat Aliyu     Chemiroy Nigeria Limited     Ezekiel Yissa Benjamin     Mashood Abdulrafiu Agboola     Paul Odama     Yusuf Aiyedun     Abdulmumini Sanni Jawondo     Adebayo Mohammed Kamaldeen     Raliat Islamic Foundation     Chartered Institute Of Personnel Management Of Nigeria     Abubakar Baba Sulaiman     Idris Amosa Oladipo Saidu     Metro Park     Abubakar Lah     Sola Saraki University     Bilikisu Gambari     Ayeyemi Sulaiman     Elesie Of Esie     Ilorin Talaka Parapo     Yakubu Mohammed Abdullahi     Adamu Ibrahim Sabi     Kazeem Oladepo     Oba Sulaiman Asude     Simeon Sule Ajibola     Yeketi     Sanusi Abubakar     Habeeb Saidu     Mary Kemi Adeosun     Ahmed Saidu Rufai     Ahman Pategi University     IsDB     Mohammed Danjuma     Aliyu Olatunji Ajanaku     Yemi Osinbajo     Quareeb     Unilorin     Afetu Of Alabe     Ibrahim Abdulkadir Abikan    

Cloud Tag: What's trending

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

Kwara State Infrastructure Development Fund     Umar Adelodun     Sherif Shagaya     Www.Kwarareports.com     Niguel Gallando Marcias     Alfa Modibbo Belgore     Sobi Specialist Hospital     Mahmud Babatunde Baker     Yakubu Danladi     Balogin Alanamu     Lukman Adeloyin     Eleyele     National Party Of Nigeria     Gbugbu International Market     Federal Allocation     FERMA     Jamila Bio Ibrahim     Bolaji Nagode     Onilu     Transition Implementation Committee     UITH     Aliyu U. Tilde     Abdulazeez Uthman     CLAY POT     Kolo     Victor Gbenga Yusuf     Tunji Arosanyin     Jamiu Oyawoye     Usman Yunusa     Kwara Basketball Association     Yusuf Amuda Abubakar     Wahab Femi Agbaje     Baba Issa Awoye     Khadijat Ayoola Yusuf     GAMA     Olatomiwa Williams     Makama Of Kaiama     Oladimeji Thompson     Kale Belgore     Ibrahim Abiodun     Clara Nwachukwu     Olaiya Victor Mobolaji     Mohammed Lawal Bagega     Cornelius Fawenu     Ibrahim Abduquadri Abikan     Bayo Ojo     Omoniyi     Idowu Laro     Tunde Yusuf     Mary Arinde     Sebastine Obasi     Ahmed Bayero     Ilorin Central Mosque     Flights To Ilorin     Kwara State Geographic Information Service     Fatima Abolore Jimoh     Theophilus Oyebiyi     Akande Idowu Ayoola Muhammed     Yusuf Abdulraheem     Neuropsychiatric Hospital     Charles Ibitoye     Olaitan Adefila     Council Of The Wise     Onikijipa     Lanre Aremu     Kayode Zubair     Aliyu Olatunji Ajanaku     Ilorin Talaka Parapo (ITP)     Roheemat Hammed     United Nigeria Congress Party     Aremu Bose Deborah     Hamidat Sulyman-Yusuf     Ayobola Ipinlaiye     Kwara Hotel     Agboola Abdulraheem     Ahmed Ayinla Jimoh     Ibrahim Mohammed