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.

Oke-Ode     Christopher Ayeni     Aishatu Ahmed Gobir     Shuaibu Yaman     Seed Technologies     Suleiman Rotimi Iliasu     Adamu Atta     IsDB     Tunde Yusuf     11th Galadima     Yusuf Abdulwahab     Mohammed Haruna     Alliance For Democracy     Inside Kwara     Ilorin Emirate Stakeholders Forum     Oko-Olowo     ENetSuD     Mahmud Babatunde Baker     Owo Isowo     Dar-Al-Handasah Consultants     Wahab Agbaje     Sabo-Oke     Abdulquowiyu Olododo     Kwara TV     Shettima     Sabi     Raymond Olaitan     Amasa     Ahmed Mohammed Rifun     Ladi Hassan     Yusuf Abdulkadir     Isiaka Alikinla     Shao     Okiki     TVC Female National Debate     Femi Agbaje     Kwara 2019     Innocent Okoye     Harrison Osauwagboe     Baboko     Twitter     Justina Oha     Simeon Sayomi     Muritala Awodun     Tunde Saad     Tunji Folami     Samuel Elizabeth Keatswa     Abubakar Kawu Baraje     Eruku     IYA ALFA NLA     Tunji Oyawoye     Adebayo Mohammed Kamaldeen     Muhammed Aliyu     Oke-Ogun     Principal Private Secretary     Femi Oladiji     Ilorin Airport     Offa Poly     Amosa     Mutawalle     Raimi Iyanda     Majlis For Sadaqah, Zakat And Waqf     Centre For Peace And Strategic Studies     Gbemisola Saraki     Saka Abimbola Isau     Towobola Abdulrahman Toyin     YAKOOYO     Sabi     Balogun Ajikobi     Micheal Imoudu     Umar Yakubu Jaja     Sobi Specialist Hospital     Fatai Olodo     HYPPADEC     Bayo Mohammed Onimode     Nagode     Garuba Alikinla Shittu    

Cloud Tag: What's trending

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

Kisra     Iliasu     Mashood Abdulrafiu Agboola     Okin Malt     Ethical College     UNILORIN Alumni Association     Rafiu Olasile     Tunji Arosanyin     Wasiu Onidugbe     Lawal Jimoh     Jeunkunu-Malete-Bani     Toyin Abdullahi     Abdulrahman Abdullahi Kayode     Ile Arugbo     Adamu Jemilat-Baki     Funmilayo Mohammed     Jebba     Shuaib Boni Aliyu     Firdaos Amasa     MINILS     Yeketi     Moronfoye     Idi-Ape     Jide Ashonibare     Henry Makinwa     Adam Abdullahi Al-Ilory     Kwara NIPR     Ajakaye     Ezekiel Yissa Benjamin     Oyawoye     Samari     Iyaloja-General     Bahago     Zainab Abass     Council Of The Wise     Ekiti     Owode Market     Atiku Abubakar     Michael Ologundea     Mohammed Abduraheem     Abubakar Aliagan     Iponrin     Abdulwasiu Bolaji Adeyi     SGBN     Muritala Olarewaju     Kwara Primary Health Care Development Agency     Rapheal Ashaolu     Pacify Labs     Mahmud Durosinlohun Atiku     Opaleke Bukola Iyabo     General Tunde Idiagbon International Airport Ilorin     Na\'Allah     Aiyedun     Bello John Olanrewaju     Labaeka     Emir Of Shonga     Ramadan     Muhammad Yahya     Elekoyangan     Yusuf Badmus     Vishvas KOZ Tractors     Kamaldeen Kehinde     Volunteers Of Ilorin Community And The Emirate     AbdulFatai Adeniyi Dan-Kazeem     John Obuh     Lithium     Eleyele     Yusuf Mubarak     Rafiu Ajakaye     Mansur Alfanla     David Oyepinola Adedumoye     Alfa Modibbo Belgore     Alabi Olayemi Abdulrazak     Sola Saraki Educational Foundation     Wahab Olasupo Egbewole     Turaki     Eghe Igbinehi