Niger Delta
Mining Sector Dev: C’River, RMAFC Partner Quarry Operators
In a bid to generate and monitor revenue to create jobs and wealth opportunities for the State and the nation, the Cross River State Ministry of Solid Minerals Development and Revenue Mobilization Allocation and Fiscal Commission, Abuja, recently held an interactive session with Heads of Quarry Operators, Cross River State Chapter of Nigerian Mining Association and Lafarge Africa at the Ministry’s Conference Room, Calabar.
The Commissioner, Ministry of Solid Minerals Development, Rt. Hon. George O’Ben-Etchi, while declaring the session open, commended members of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) and quarry operators for their impressive turn out, stating that, it shows seriousness on their part.
He enjoined the quarry operators to co-operate with the ministry and RMAFC and take revenue mobilization and monitoring seriously as generated revenue not properly monitored leads to leakages and consequent shortfalls in revenue targets.
The Director, Fiscal and Coordinator, South-South Geographical Zone, RMAFC, Alhaji Adamu Baba Mohammed, said he was impressed by the operators and explained that as much as generating revenue for government is important, knowing the source of the revenue and ensuring that revenue records are entered and kept correctly is also important.
He urged the mining operators and association to speak out freely without reservation on their challenges or put up a letter to the Commission, promising that the Federal Government would certainly look into their plight and appealed that the State and association should maintain good communication relationship.
The Administrative Officer 1, RMAFC, Mr. Samson Olorunda, while explaining how the remittance forms are to be filled, said the Federal Government more than ever before had its pointer on the solid minerals sector as an alternative source of income for the nation and the data collected will be analyzed by the Commission to know whether Cross River State has met her target to decide if she is qualified to benefit from the 13 percent derivation accrued to mineral producing States.
A member of the Mining Association, Mr. Eshiet Ekanem, recalled that “the grounding of quarry companies in Cross River State started in 2012 with a directive from the Federal Government that due to insecurity, the purchase of blasting explosives should only be done at Abuja which is stressful and expensive.” He appealed that the matter be looked into and reviewed, and expressed appreciation to the Federal Mining Officer for taking out time to meet with companies that had folded up with a view to seeing how they can be revived, calling on government to look beyond revenue and develop the mining sector.
Responding, to the Director of Technical Operations, Ministry of Solid Minerals Development, Dr. Gabriel Akpeke said the federal law had a mandate for miners to pay some fees to the State despite the fact that some minerals said to be on the exclusive list of the Federal Government and added that the ministry was making efforts to see that the issue of multiple taxation is resolved permanently.
Friday Nwagbara, Calabar
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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