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.

Kemi Adeosun     Wahab Egbewole     Ahmad Olayiwola Kamaldeen     Ahmad Belgore     Gbadeyan Gbadura Yomi     Yusuf Amuda Gobir     Adebayo Mohammed Kamaldeen     Zainab Abass     Isaac Aderemi Kolawole     Onilorin     Bello Bature     Waheed Ibrahim     NIRSAL     Oye Tinuoye     Ishola Moses Abiodun     Abubakar Olusola Saraki     Aminat Ahmed     Omu-aran     Okeose Christian Cementary     Harafat E. Mukadam     Is\'haq Modibbo Kawu     Vasolar     Road Transport Employers Association Of Nigeria     Agboola Babatunde     Kupchi Hosea Maxwell     Balogun Gambari     Junior Secondary School Certificate Examinations     Olatunji Ayeni     Salake     Medview Airlines     Kumbi Titilope     Isaac Gbenle     Mohammed Lawal     Www.Kwarareports.com     Kwara State Branch Of The National Library     Lai Gobir     Olaiya Lawal     Shuaib Olarongbe     M.Y. Abdulrahaman     Fatima Abolore Jimoh     Sabo-Oke     Seed Technologies     GGDSS Pakata     Oba Abdulrahim     Dorcas Afeniforo     Towoju     Samuel Elizabeth Keatswa     Babajide Ajayi     Ejidongari     Ilorin Central Mosque     Kazeem Gbolagade     Ganiyu Abolarin     Quran     AbdulGafar Tosho     Abdulfatai Baakini     MINILS     JMK Construction Company Limited     Emir Of Yashikira     Tsaragi     AbdulKareem Yusuf Danhawa     Bayer AG     Nigeria Customs Service     Agboola Abdulraheem     Kwara State Fish Farmers Association     Ahmed Alhasssan     Fatimat Saliu     Lai Mohammed     Abdulquawiy Olododo     Kamaldeen Ajibade     Ilesha-Baruba-Gwanara     Shuaibu Yaman Abdullahi     Kola Olota     Bashir Omolaja Bolarinwa     Muhammadu Buhari     Tunde Yusuf     Ibrahim Akaje     Leke Ogungbe    

Cloud Tag: What's trending

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

College Of Arabic And Islamic Legal Studies     Reuben Paraje     Temi Kolawole     EndSARS     Tunde Idiagbon Road     Sardauna     Isiaka Oniwa     David Adesina     Alaiye     Doyin Agbamu     Barakat Community Secondary School     Ibrahim Issa Jetti     Sulaiman Gado     Kazeem Gbolagade     Monthly Sanitation     Amuda Bembe     Oniwasi Agbaye     Umaru Saro     Lotus Bank     Ayo Opadokun     Kwara NIPR     Adekunle David Dunmade     Saadatu Modibbo-Kawu     Mazars Consulting     Aminat Ahmed     Yusuf Arowosaye     Gafaru Olayiwola Olorisade     NaAllah     Moses Adekanye     Simeon Sayomi     Rashidi Yekini     Dele Belgore     Oba Sulaiman Asude     SARS     Javed Khan     Arca Santa     Maigida Soludero Transit     Clement Yomi Adeboye     Olaitan Adefila     Roseline Oni Aremu     Afin Descendants Union Of Odo-Owa     Okin Group     Offa Poly     ITEM 7     Kwara Pdp     Saliu Tunde Bello     Orisun Igbomina     Oja-Oba     Valsolar Consultoria     Olayinka Are     Oke-Oyi     Memunat Monsuma     Nigeria Computer Society     Ilorin East/South Federal Constituency     Abdulkadri Ahmad Alaiye     Kayode Zubair     Gbemisola Saraki     Mujtabah Bature     Wahab Issa     Femi Gbajabiamila     Mahmud Ayinla Giwa     Shaykh Luqman Jimoh     Share/Tsaragi     Kwara Central     Bolakale Saka     Fulani     Sheikh Ariyibi     Bayo Lawal     Abubakar Olusola Saraki     Folorunsho Erubu     Plat Technologies Limited     Rebecca Olanrewaju     Ladi Hassan     Razaq Atunwa     Muhammed Akanbi     Abdulrahman Abdullahi Kayode     Haashim Initiative For Community Advancement