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Nairaland Forum / Nairaland / General / Politics / FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi (11894 Views)
States To Receive 13% Derivation From Mining Revenue — FG / Umahi Set For Solid Mineral Exploration In Ebonyi / FG Secures 13% Derivation Mining Revenue For States (2) (3) (4)
FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Islie: 11:55am On Dec 22, 2016 |
The Minister of Mines and Steel Development, Dr. Kayode Fayemi, has assured states on 13 per cent derivation for mineral revenue following the approval by the Federal Executive Council. http://www.dailytrust.com.ng/news/business/fg-approves-13-derivation-for-solid-minerals-producing-states--fayemi/177180.html# lalasticlala 2 Likes |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Aare2050(m): 11:57am On Dec 22, 2016 |
FTC on a politics thread.... Sign of what is this? Please is our economy as flat as this lady's boo*bs? 1 Like 1 Share
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Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by momodub: 11:58am On Dec 22, 2016 |
Good |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Nobody: 11:58am On Dec 22, 2016 |
Nice One. Sai Baba Buhari. Sai Dr. Fayemi. The real DR not the Dr with fish brain. 9 Likes |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Armstrong34(m): 11:58am On Dec 22, 2016 |
. |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by nextprince: 11:58am On Dec 22, 2016 |
Very good. What is good 4 d gander ... 1 Like |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by wisdomagbai(m): 11:58am On Dec 22, 2016 |
Guys have you seen this.... http://www.wizprof.com/2016/12/the-led-is-little-light-usually-at-top.html?m=1 |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by mayorkyzo: 11:59am On Dec 22, 2016 |
That's good,at least it would encourage the states to start minerals exploration... 14 Likes |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by NLbeachparty: 11:59am On Dec 22, 2016 |
Thank God for this good news. You all can nairalanders as we gather to celebrate this festive period together. |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by QuotaSystem: 11:59am On Dec 22, 2016 |
Great development, now there will be a serious incentive for the exploitation of our mineral resources. Agriculture in full gear, solid minerals loading. The diversification efforts of this government so far are worthy of commendation. 18 Likes
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Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Kx: 11:59am On Dec 22, 2016 |
"Tortoise small dog". Sharing benefits that should accrue from output even before the commencement of production! 3 Likes |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by kareemkamil(m): 12:00pm On Dec 22, 2016 |
Too small |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by ozoemenaca: 12:01pm On Dec 22, 2016 |
As far as is based on revenue from the solid minerals is a good decision 11 Likes |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Agimor(m): 12:02pm On Dec 22, 2016 |
I don't see how this will encourage States to start exploring the various minerals abound,as long as the oil is still booming. 1 Like |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Sweetguy25: 12:03pm On Dec 22, 2016 |
Quicquid plantatur solo, solo cedit. |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Nobody: 12:03pm On Dec 22, 2016 |
thank God for EDO state 1 Like |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Sibrah: 12:03pm On Dec 22, 2016 |
C |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by tundafayaBuhari: 12:04pm On Dec 22, 2016 |
Useless government. Who cares? 8 Likes |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Alphasoar(m): 12:04pm On Dec 22, 2016 |
Somebody talk to me, if you make these derivations at 40% not even 50%, what will happen, will Nigeria stop existing? so that every month they go and share the money while no visible development is seen. 5 Likes |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by 36STATES: 12:06pm On Dec 22, 2016 |
Very good, at least we can now know how much limestone Dangote is taking from Ogun state for his cement. Other states will also bring in regulations to ensure revenues from solid minerals are documented. 6 Likes |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Nobody: 12:06pm On Dec 22, 2016 |
thank God for EDO state |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Jakpon: 12:06pm On Dec 22, 2016 |
. |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Sibrah: 12:07pm On Dec 22, 2016 |
QuotaSystem:For those who don't recognize it, this is huge step forward in 1)Quest for true federalism. 2)Resource control. 3)Diversification of economy. 4)Many more . . . 5 Likes |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Eyewonda: 12:08pm On Dec 22, 2016 |
Ajehswag: What minerals are there please? Ok, I remember the crushed rocks and limestone |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by greenermodels: 12:10pm On Dec 22, 2016 |
but i thought gej have already started this payments? let me for the old thread. |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by ItsawrapOutfit: 12:12pm On Dec 22, 2016 |
Good development |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Ngokafor(f): 12:17pm On Dec 22, 2016 |
..Well lets see whether Solid Minerals States will wean themselves of crude oil longer-throat and laziness nd tap into this incentive,but for where??..They will still cry the loudest how crude oil prizes has fallen globally,how NDA are avenging seriiously depleting resources further,reason why they can neither pay salaries nor develop the state as they should ....We are watching cos we have been hearing this solid minerals potentials for ages and how billions of dollars can be made from this...at the end of the day royalties from crude oil saves the day..no be today. 3 Likes |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by kinibigdeal(m): 12:21pm On Dec 22, 2016 |
Its been approved on newspaper. They should implement the national conference or keep shut 2 Likes 1 Share |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by Qmerit(m): 12:23pm On Dec 22, 2016 |
Alphasoar: U re contradicting urself bros. |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by yahmohy27: 12:27pm On Dec 22, 2016 |
Kx:Jealousy kills beware |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by EternalTruths: 12:29pm On Dec 22, 2016 |
35% is better across the board for taxes, solid liquid and gaseous minerals |
Re: FG Approves 13% Derivation For Solid Minerals Producing States - Fayemi by RockHard: 12:31pm On Dec 22, 2016 |
Good news for all the states. 2 Likes
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