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.

PharmAccess Foundation     Taofeek Sanusi     Egbewole     Rachael Obisesan     Yoruba     National Union Of Road Transport Workers     Olatinwo     Abdulhakeem Amao     JMK Construction Company Limited     Binta Abubakar Mora     Mohammed Alabi Lawal     Saliu Alamoyo     Saheed Akinwumi     Doyin Awoyale     Modibo Kawu     Hassan A. Saliu     TVC Female National Debate     Bature Bello     Ohoro Of Shao     Al-Ilory     Monsurat Omotosho     Societe Generale Bank Of Nigeria     Kawu Baraje     Amusa Bello     Orisa Bridge     Ileloke     AGILE Programme     Yusuf Abdulwahab     New Nigeria People’s Party     Kwara Coalition Of Business And Professional Associations     Yahaya Abdulkareem     Ganiyu Taofiq     Yaman     Shuaib Jawondo     Bamikole Omishore     Musa Ayinla Yeketi     Kwara University Of Education     Bibire Ajape     Haruna Tambiri Mohammed     Laolu Saraki     Aliyu Muhammad Saifudeen     KWASAA     Adebayo Salami     Ibrahim Abdullahi     Bayo Ajia     KWASEIC     Just Law Forum     Playing Host     Temitope Ogunbanke     Jimoh Bashir     Isiaka Oniwa     Balogun Ajikobi     Plat Technologies     Trade Lenda SME Fair     Abdulmutalib Shittu     Kayode Alabi     SUBEB     Abubakar Suleiman     Dauda Adesola     Ogbondoroko     Crystal Corner Shops     Kwara-SAPZ Project     Kwara North     Split Diamond Interchange     Raliat Elelu-Habeeb     Bola Sagaya     Air Peace     Yusuf Arowosaye     AGM Professional Services     Bashir Adigun     Kamaldeen Gambari     Adeleke Ogungbe     Yahaya Jibril Usman     Code Of Conduct Bureau     Obuh     Tafida     Stephen Fasakin    

Cloud Tag: What's trending

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

Arandun     Olatunji Abdulmumeen     Sidikat Akaje     Omotoso     Gbenga Adebayo     Kehinde Baale     GRA     Lawal Olohungbebe     Erubu Oba Zubair     Opolo Global Innovation Limited     FERMA     UNIFEMGA     Oniwasi Agbaye     Surajudeen Akanbi     Oja-Oba     Abdulrasheed Akogun     Idowu Aremu     PPS     Abiodun Abdulkareem     Kwara State Fire Service     Olatunde Oyeyiola     Justina Oha     Pilgrims Board     Ibrahim Oloriegbe     AbdulRauf Keji     Obayomi Azeez     Shehu Raheem Adaramaja     Jide Oyinloye     AbdulRazaq Abubakar Jiddah     Ayo Salami     April 11     Ola Falade     Olatunde Michaels     Lai Gobir     Apado     Siddiq Adebayo Idowu Salawu     Olabode Towoju     Ilorin Metro Park     Muhammed Aliyu     Kwara Hotel     Durbar Festival     Alumni Association Of The Federal Polytechnic Offa     Ita-Nmo Market     National Pilot     Oloje     ER-KANG Mining     IESA     Victor Gbenga Yusuf     Ilorin South     NULGE     Yusuf Lanre Badmas     Amuda Musbau     Economic And Financial Crimes Commission     Junior Secondary School Certificate Examinations     Ridhwanullah Al-Ilory     Ile Arugbo     Sa\'adu Salahu     Face Masks     Admiralty Villa     Pategi     Ladi Hassan     Kabir Shagaya     Wahab Isa     Lafiagi     Taofik Mustapha     Abdulhakeem Adelaja Amao     Oke Sunna     A.G.F Abdulrasaq     Photo News     Forgo Battery     Muslim Media Watch Group Of Nigeria     Agboola Abdulraheem     Abdulwahab Olarewaju Issa     Oyeyemi Olasumbo Florence     Bola Tinubu     Countryside Emerging Leaders Fellowship     Bola Ahmed Tinubu