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.

Fatimah Abdulkadir     Kwara State Television     Saheed Popoola     Gaa Olobi     Abdulkadir Remi Hawawu     EFCC     Omotoso Musa     Ilorin East     Kwara State Council Of Chiefs     Peculiar Allowance     Assayomo     Apata Ajele Secondary School     Oluranti Idowu     Ado Ibrahim     Omupo     Tunde Saad     Yakub Lai Gobir     Olabanji Orilonishe     Umar Gunu     Freshvine Nigeria Limited     Olaoye B. Felix     Iyabo Adisa Ibiyeye     Kwara University Of Education     Bola Sagaya     Ilesha-Gwanara     Shuaibu Yaman Abdullahi     Muhammad Akande Olarewaju Odunade     National Party Of Nigeria     Oya State     Bello Oyebanji     International Vocational Centre     Abdullahi Adisa Akodudu     Yemi Sanni     Musa Aibinu     Hassanat Bello     Garuba Alikinla Shittu     Minimum Wage     General Hospital, Offa     Funke Adedoyin     Bola Magaji     Nigerian Supreme Council For Islamic Affairs     Ahmad Fatima Bisola     Segun Olawoyin     Ilorin Central Mosque     Pacify Labs     Yusuf Badmus     Tunde Yusuf     Popo-Igbonna     Kwara South     Alimi     John Mayokun Dada     Ibrahim Abdullahi     Wasiu Odewale     Gamji Members Association     Pategi     Abubakar Lah     Yoonus Lawal     Babajide Ajayi     Segun Adeniyi     Adewuyi Funmilayo     Elese Of Igbaja     Aliyu U. Tilde     Taofik Abdulkareem     Yusuf Zulu-Gambari     Yashikira     Ajia-Bako     Moshood Kashimawo Abiola     Abdulfatai Baakini     Oyelere Oyinloye     Funmilayo Oniwa     Oyedepo     Presidential Election     Ile Arugbo     Park     TIC     Abdulwaheed Musa     Yusuf AbdulRasheed    

Cloud Tag: What's trending

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

M.Y. Abdulrahaman     Onikijipa     Mope Dasuki Belgore     Alaiye     National Information Technology Development Agency     Dele Momodu     Hamid Bobboyi     Musa Alhassan Buge     Earlyon Technologies     Ballah     Special Adviser On Digital Innovation     Share-Tsaragi     Isiaq Khadeejah     Smart School     Abdullahi AbdulMajeed     Oniwasi Agbaye     Adanla-Irese     Mutawalle     Alfa Yahaya Road     Sarafadeen Kayode Akorede     Dauda Adeniran Adeshola     Albert Ogunsola     Olabimpe Olani     Turaki Of Ilorin     Damilola Yusuf Adelodun     Nigerian Supreme Council For Islamic Affairs     Oja-Oba     2023 Elections     Ibrahim Jawondo     Mohammed Lawal Bagega     Tafidan Kaiama     Abdulkadri Ahmad Alaiye     IPSAS     Abdullahi G. Mohammad     Societe Generale Bank Of Nigeria     Amos Justus Sayo     CCT     Kwara Liberation Group     Afonja Descendants Union     UITH     Aasiyat Bello Oyedepo     Aminu Adisa Logun     Umar Adelodun     Alabere     Towoju     Gobir     Lanre Badmus     IDPU     Zara Umar     Apaola     Garba Dogo     Yusuf Abdulkadir     Bolaji Nagode     Amule Elementary School     Senior Staff Union Of Colleges Of Education     NURTW     Ayotunde Emmanuel Alao     Okanlawon Musa     Ahmad Olanrewaju Belgore     Kwara Politics     Ilorin Innovation Hub     Amule     Idiagbon     CBT     Magaji Nda     Saka Asiat Ayinke     Samuel Olusegun Adedayo     Alfa Belgore     Oba-Solagberu     James Ayeni     Oke Sunna     HYPPADEC     Wakilin Mata Lafiagi     Joshua Adeyemi Adimula     Akom Construction And Engineering Synergy Ltd     Forgo Battery     Tricycle Owners Association Of Nigeria