Kogi, Ogun Lead As States Earn N1.346bn From Solid Minerals In 2016

Kogi, Ogun Lead As States Earn N1.346bn From Solid Minerals In 2016

Data from the Nigerian Extractive Industry Transparency Initiative (NEITI) on Tuesday evening showed that 35 states of the Federation and the Federal Capital Territory produced 47.087 million tons of solid minerals worth N26.936 billion in the 12 months of 2016, earning N1.346 billion in cumulative royalties.
They were led by Kogi and Ogun, two states that host limestone deposits and cement manufacturing facilities used for production by Dangote Cement Plc, which an earlier NEITI report said accounted for the largest production of solid minerals in the country last year. Ogun State also hosts Ewekoro cement plant of Lafarge Africa Plc.
While Kogi State led with 12.82 million tons of solid minerals, worth N5.852 billion, it earned N292.629 million or 27.23% of the total production; Ogun followed with 11.894 million tons or 25.26% of total production, valued at a higher N6.298 billion for which it earned N314.931 million in royalties ; ahead of the 4.681 million tons of solid minerals worth N2.88 billion, earning N144.048 million or 9.94%.
Benue State home of the Gboko plant of Dangote Cement Plc accounted for 2.538 million tons of solid minerals in 2016, valued at N1.197 billion earned N59.874 million or 5.39%; followed by 1.662 million tons worth N1.33 billion which earned Ebonyi N66.5 million or 3.53%.
Gombe, home of Ashaka cement plant of Lafarge Africa recorded 1.237 million tons or 2.63% of total production volume, valued at N748.825 million, earning N37.44 million; ahead of Sokoto State, home of BUA Group owned Cement Company of Northern Nigeria Plc plant accounted for 1.09 million tons worth N462.404 million or 2.32%, from which it earned N23.12 million. Abia recorded 1.059 million tons or 2.25% worth N786.72 million which fetched it N39.336 million; ahead of the 996.667 million tons produced by Edo, host of yet another cement plant, which earned it N38.243 million in royalties.