Reps Defer Bill To Raise Derivation For Host Communities To 50 Per Cent

The House of Representatives Wednesday stood down a bill to increase the derivation fund from “Not less than 13 per cent” to not less than 50 per cent to ensure the development of all states and regions where mineral resources are being extracted. Debate on the bill, which is been sponsored by Awaji-Inombek Abiante (PDP,...The post Reps Defer Bill To Raise Derivation For Host Communities To 50 Per Cent appeared first on New Telegraph.

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