Solid minerals: Kwara governor seeks states' control of royalties
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Muhammad-Mustapha Suleiman Rex Olawoye Local Government Sola Saraki Educational Foundation Kwara 2019 Rice Farmers Association Of Nigeria Ilorin Muslim Community Muhammed Danjuma Oniye Oke-Ode Ahmed Shuaib Buranga Saliu Oluwole Kwara Liberation Group COEASU Joseph Bamigboye Yomi Adeboye Ahmad Fatima Bisola Savannah Centre For Diplomacy, Democracy And Development Turaki Apado Modibbo Kawu Ajibola Saliu Ajia Ajikobi Amuda Bembe Kwara Hotel Shettima Of Ilorin Busari Toyin Isiaka Oja-Oba Akume 07039448763 Abdulazeez Arowona Nigeria Governors\' Forum Muhammed Aliyu Mohammed Haruna Mufutau Gbadamosi Esuwoye Suraj Tunji Oyewale MMWG Trader Moni Ibrahim Bio NIRSAL Jalala Ilorin South Constituency Aliyu Muhammad Saifudeen Eruku Yusuf Ibitokun Sherifat Ibrahim Abdulqadir Abikan Gurei Saliu Ajia Christopher Ayeni Alfa Yahaya Road Awwal Jawondo Saad Belgore Ayodele Kuburat Olaosebikan Rebecca Bake Ridhwanullah Al-Ilory NIPOGA Baba Issa Ibrahim Taiwo Kayode Issa Sulu Gambari CCB Amuda Aluko Paul Olawoore Ambassador Kayode Laro Tayo Alao Shuaib Jawondo Abdullahi Dasilva Yussuf Oloruntoyosi Thomas Senior Ibrahim Suleiman Razaq Ayobami Akanbi Kwara Basketball Association Maigidasanma TIIDELab Facebook Justina Oha Galadiman Ngeri Ahmed Dankaya

