Stakeholders canvass equal ownership of mineral resources

Wed Nov 20th, 2019 - Akwa Ibom

State governments have called on the Federal Government to resolve the issue of solid mineral deposits in their domain so that they could begin to benefit the royalties accruing from them.

Speaking at the National Council on Minerals Resources in Ado Ekiti, Ekiti State, they said when this is done, the squabble between the two would be laid to rest, and they would enjoy a 50-50 arrangement.

But, Permanent Secretary in the Ministry of Mines and Steel Development, Dr.Abdulkadir Mu’azu, argued that minerals are on exclusive list, and until the Constitution is amended, the hiccup will remain.

He also explained that natural assets belong to the people, but in terms of payment of royalties it goes to the Federation Account, adding that government will only implement 13 per cent mineral derivation to states.

Another speaker, Emem Ibokette of Akwa Ibom State, observed that illegal miners are operating in the states, with attendant negative impacts on the environment.




source: Guardian