The Minister for mines and steel, Kayode Fayemi has said that the government has approved 13% Derivation for states with solid minerals in Nigeria. He announced this at a 2- day workshop on special purpose vehicles in the development of mining sector in Sokoto state. Here is the Governor
We have gotten approval for the implementation of the constitutionally guaranteed 13 per cent derivation for mineral revenue to states.
“This is similar to the derivation that which oil-producing states are currently enjoying from the Federation Account.”
