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.

Kayode Ogunlowo     Idi-Ape     Ilorin Muslim Community     Wahab Egbewole     Split Diamond Interchange     Olatomiwa Williams     Peculiar Allowance     Ayeyemi Sulaiman     Ayegbeni     Aminat Ahmed     Oladipo Akanmu Tolani     Neo Mundo Ltd     Toyin Abdullahi     Ibrahim Jawondo     Ezekiel Yissa Benjamin     Tunji Folami     Kwara NIPR     Kola Olota     Haleeman Salman     Bayer AG     Jimoh Saadudeen Muhammed     Tinubu Legacy Forum     JAAC     Maigidasanma     Plat Technologies Limited     Mutawalle     Gaa Olobi     Iyabo Adewuyi     Adedeji Onimago     Vasolar Consultoria     Yusuf Amuda Abubakar     Abdulwahab Olarewaju Issa     Yashikira     Ilesha Gwanara Road     Oke-opin     Musa Yeketi     GGDSS Pakata     Odogun Olushola Gabriel     Joseph Daudu     Aishat Sulu-Gambari     Kwara 2019     Ganiyu Taofiq     Mope Dasuki Belgore     Abdullahi Adisa Akodudu     ANCOPPS     Tosin Saraki     Ishaq Oloyede     Pilgrims Board     March 18     Dele Belgore     Umar Ahmed Gunu     Kwara State Coalition Of Business And Professional Associations     Seun Bolaji     Harafat E. Mukadam     CCEPE     Onilupeju Of Ilupeju     Solomon Edoja     Saba Mamman Daniel     Alfa Yahaya Road     Justina Oha     Sheikh Ridhwanullah     Borgu     Muslim Media Watch Group Of Nigeria     Rotimi Oyedepo     Goodluck Jonathan     Abdullahi Samari     Chikanda     CELF     Undergraduate Bursary     Kwara Primary Health Care Development Agency     Aliyu Muyideen     Kayode Issa     Abdulkadir Remi Hawawu     Samuel Olusegun Adedayo     Patience Jonathan     Gbugbu     Bukola Ajikobi    

Cloud Tag: What's trending

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

SWAN     Millennium Development Goals     Yahaya A Paniyaro     Tanke     Adamu Atta     Ronke Adeyemi     Inside Kwara     Rotimi Oyedepo     Local Government Pension Board     Ayobola Ipinlaiye     Umar Ahmed Gunu     Ishaq Salman     Oko-Olowo     Kayode Ogunlowo     Ilofa     Mohammed Haruna     Aminat Omodara     Crystal Corner Shops     Abdulrahman Onikijipa     Aliyu Salihu     Ayodele Shittu     Aisha Ahman-Pategi     Garba Ado Sanni     Bola Shagaya     Garba Dogo     Durosinlohun Kawu     CACOVID Palliatives     Kunle Okeowo     Abdulraheem Olesin     Prince Mahe Abdulkadir     IYA ALFA NLA     Edret Sabi Abel     Abdulkareem Alabi     Elerinjare     Olupako Of Share     Apaola     Aso-ofi     Hijaab     Binta Sulyman     Nigerian Army     UNILORIN Alumni     Abdulhakeem Amao     Ilorin West/Asa Federal Constituency     Adewuyi Funmilayo     Donatus Ejidike     Temi Kolawole     A.O. Belgore     Colleges Of Education Academic Staff Union     Oluwole Dupe     Gbenga Awoyale     Alabere     Abdullahi Biffo     Isiaka AbdulRazaq     Tunde Idiagbon Road     Offa Grammer School     NULGE     Tinubu     COEASU     Oyawoye     Abdulkadir Orire     Onikijipa     Ndama Al-hassan     Tunji Ajanaku     Irepodun     Harafat E. Mukadam     Jide Ashonibare     Muhammad Sirajo Aliyu     Alao Ayotunde     Oba Abu     Asiwaju Bola Tinubu     Turaki     Dar-Al-Handasah Consultants Ltd     National Union Of Road Transport Workers     Toyin Falola     Aliyu Alhassan     Ibrahim Abdulkadir Abikan     Sulyman Age AbdulKareem