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New tax law: NRS takes over collection of mineral royalties

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New tax law: NRS takes over collection of mineral royalties

07 Apr, 2026

The Nigeria Revenue Service (NRS), has taken over the collection of mineral royalties from mining sector operators across the country. This was the outcome of a meeting between the Minister of Solid Minerals Development, Mr Dele Alake and the NRS chairman, Dr. Zacch Adedeji, held at the former’s office in Abuja, to define ways of working together. The decision was based on the new tax laws, which empowers NRS to administer all federally collectable revenue and account for the same.......................….......READ MORE