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.

SUBEB     Iponrin     TVC Female National Debate     Aliyu Adebayo     Memunat Monsuma     Adewuyi Funmilayo     Saka Isau     Kamaldeen Kehinde     Face Masks     Kwara NIPR     IHS Towers     Saliu Ajibola Ajia     Sherif Shagaya     Dan-Kazeem     Harrison Osauwagboe     Ali Ahmad     Apata Ajele Secondary School     Ahmad Lawan     Alliance For Democracy     Madawaki     Gbenga Awoyale     Orisa Bridge     Oke-Odo     Kamoru Kadiri     Alore     Forgo Battery Company Limited     Garba Idris Ajia     Volunteers Of Ilorin Community And The Emirate     Mujtabah Bature     Mufti Of Ilorin     Mary Arinde     Ilesha-Gwanara     Lanre Jimoh     Iliasu     April 11     Hamid Bobboyi     Jumoke Gafar     Joshua Adeyemi Adimula     Saka Onimago     CKNG     Centre For Digital Economy     Olohungbebe     Saadu Gbogbo Iwe     COVID-19 Palliatives     Elewu     Abdulkadir Remi Hawawu     Muslim Media Watch Group Of Nigeria     Tunde Kazeem     AbdulQowiy Olododo     Kwara State Branch Of The National Library     Theophilus Oyebiyi     Ado Ibrahim     Lukman Adeloyin     Shagari     Muhammed Danjuma     Salman Alada     Simeon Sayomi     Kumbi Titilope     Olushola Saraki     Bolaji Aladie     Muhammad Fawaz Abubakar     Ilorin Talaka Parapo (ITP)     Alanamu     KWACOBPA     Shururat Olatinwo     Siraj Oyewale     T And K FOODS     Paul Olawoore     Markaz Arabic And Islamic Training Institute, Agege     Benin Republic     Salmon Babatunde Salmon     Shettima     Ahmad Belgore     Government House     Kulende-UITH     Mohammed Ghali Alaaya     Oba Mogaji Abdulkadir    

Cloud Tag: What's trending

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

David Oyedepo     Kunle Okeowo     Salary     Eruku     Kwara 2019     Olabanji Orilonishe     Wahab Femi Agbaje     Kwara Polytechnic     Suleiman Alege Kuranga     Isau     Esinrogunjo     Yahya Mohammed     Jimba Babatunde     TETFUND     Yakubu Shaaba     Saadu Yusuf     2017 Budget     Fatai Garuba Labaka     Salihu Jibril Garbi     Okin Group     Tunde Idiagbon Road     Valsolar Consultoria     Sheriff Olanrewaju     Patigi Regatta     Gbugbu     Baakini     Yusuf Amuda Aluko     ENetSuD     Tsaragi     Agbarigidoma     Makama     Omoniyi     Jimoh Lambe Abdulkareem     Buhari     Jelili Yusuf     Offa Metropolitan Club     Gurei     Hakeem Idris     Centre For Digital Economy     Academic Staff Union Of Universities     Femi Gbajabiamila     Lai Mohammed     Funmilayo Zubair     Coronavirus     Okin Biscuits     Maryam Nurudeen     Mohammed Danjuma     Sherif Sagaya     Sulyman Buhari     Abubakar Lah     Abdullahi Biffo     Imam Gambari     Sidikat Akaje     Ilorin Like-Minds     Kwara University Of Education     Binta Sulyman     Ohoro Of Shao     Olaoye B. Felix     Abdulazeez Arowona     Aliyu Muyideen     Women Radio     Oyun     Bayo Ojo     Bio Ibrahim     Emir Of Yashikira     Agboola Abdulraheem     Savannah Centre For Diplomacy, Democracy And Development     Senior Ibrahim Suleiman     Yunus Oniboki     Sardauna Of Ilorin     Gafaru Olayiwola Olorisade     Bayo Onimago     Olugbense     Otunba Taiwo Joseph     Dankaka     Salihu Alhaji Musa     Ile Arugbo