Wednesday, November 2, 2016
The Federal Governments’ policy on 13 percent revenue derivation fund on mineral resources in all parts of the federation has been described as a welcome development.
Governor Abdul’aziz Yari Abubakar of Zamfara State and Chairman Nigeria Governors Forum, made the remark today at government house Gusau, while receiving a delegation of Revenue Mobilization and Fiscal Commision, Abuja, who paid him a courtesy call, as part of a week tour to the State.
Governor Yari said Zamfara State would be among the first beneficiaries of the policy, considering the numerous mineral deposits available in the State.
He expressed delight and the state government readiness to support the policy with a view to diversify the state economy.
Governor Yari said already the State government had constituted a task Force Committee to regulate illegal mining in the state, adding that government would soon enbark on a process of documentation of all registered and licensed miners in the State, to allow the state benefit from the policy.
Earlier in his speech, the leader of the delegation Engr. Dr. Friday Eguche, told the Governor that 13 percent revenue derivation funds was not restricted to only oil producing States, but also extended to all other states of the federation where mineral resources are being extracted from beneath the Earth, including sand.
Dr. Friday advised the State government to properly document all mining activities in the State, in order to benefit from the policy.
Ibrahim Dosara Hon. Special Adviser to the Executive Governor (Public Enlightenment, Media and Communications)