From Kehinde Victor, Ilorin
Director-General and Chief Executive, Lagos Chamber of Commerce and Industry (LCCI), Mr Muda Yussuf, on Sunday called on the National Assembly to remove mining from the Exclusive List.
He made the call in llorin, the Kwara capital while speaking with newsmen.
Yussuf said the measure would allow each state of the federation have better control of the sector. The Director General observed with dismay that under the present arrangement, the royalty from mining from various states goes to the federal government.
He was of the view that if the mining sector is on the concurrent list, states would have better role to play and even generate more revenue.
He commended the efforts of the Federal Minister of Mineral Resources in ensuring that that there is collaboration between the federal and state governments in the sector
According to him, the legislative and regulatory issues in mining has been a major bottleneck which needed to be urgently addressed. Yusuf noted that artisans and informal miners are operating in the country, stating that the federal government is also putting in a place a policy that will bring all the miners under one umbrella
He described the mining sector as key to improving the nation’s economy.
The Director General urged all states of the federation to create a conducive environment for business to thrive and assured that very soon the nation would be out of the present economic recession.
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