The K'atl'odeeche First Nation near Hay River will formally sign onto the Northwest Territories devolution deal next week.

Chief Roy Fabian will sign the agreement Monday morning at the legislative assembly in Yellowknife.

The First Nation had concerns that devolution would put too much power in the hands of the territorial government. But the chief says by signing on, the First Nation will get a share of resource royalties and the opportunity to be at the table when issues around land and resources are up for discussion.

"It's not about dealing with rights, it's about co-management," said Fabian. "It's about us working together to manage the land."

Fabian says the decision to sign on to the agreement was made at a general band meeting in January. He says the vote was unanimous.

The Dehcho and the Akaitcho First Nations are the only two groups that have not signed on to the deal.