Reps to consider bill advocating 50% derivation fund

The House of Representatives is set to consider a bill seeking an increase in derivation funds for states with mineral resources from not less than 13 per cent to at least 50 per cent. The bill, sponsored by the member representing Andoni/Opobo/Nkoro Federal Constituency, Rivers State, Awaji-Inombek Abiante, and eight others, aims to amend Section