You can’t control minerals, FG tells states
The Federal Government on Thursday told State Governments that they could not control the mineral deposits in their various domains. Minister of Mines and Steel development, Olamilekan Adegbite, said this at a sensitization meeting with state commissioners for justice, minerals and environment from the North-Central geographical zone.
The issue of control had been put in the front burner recently with the unveiling of Zamfara state government plan to establish a gold reserve through buying of gold from artisenal miner indigenes.
Reacting to calls for the amendment of the exclusive list section on minerals in the country’s constitution to allow states have participatory roles in mining, the minister said doing so would amount to selfishness and would be detrimental to the nation’s economic system. Adegbite explained that the oil revenue derived from a section of the country was being used for the overall development of Nigeria.
He told commissioners that as attention was now focusing on the development of the minerals sector for revenue generation, it must be used for the common use of all.
The Minister, in a statement in Abuja by the mines ministry’s Assistant Director, Press, Timothy Akpoili, stated that royalties and other revenues generated from solid material mining were paid into the consolidated fund. He said the fund was shared in accordance with derivation principle during monthly revenue allocation sharing.