Skip to content
Tuesday 21 April 2026
  • Home
  • Advertise with us
  • Contact
The Frontier
Click to read
The Frontier
  • News
  • Crime
  • Politics
  • Headlines
  • Education
  • Health
  • Business & Economy
  • Sports
  • More
    • International
    • Religion
    • Entertainment
    • Info Tech
    • Matilda Showbiz
      • Gists
      • Music
      • Gossips
      • Oga MAT
      • Romance
    • Arts & Culture
    • Environment
    • Opinion
    • Features
    • Epistles of Anthony Kila
    • EyeCare with Dr Priscilia Imade
The Frontier
  • News
  • Crime
  • Politics
  • Religion
  • Headlines
  • Education
  • International
  • Business & Economy
  • Entertainment
  • Sports
  • Arts & Culture
  • Environment
  • Health
  • Matilda Showbiz
    • Gists
    • Music
    • Gossips
    • Oga MAT
    • Romance
  • Opinion
  • Epistles of Anthony Kila
  • EyeCare with Dr Priscilia Imade
  • Info Tech
  • Interview
The Frontier
Click to read
Business & Economy
Business & Economy

New tax laws: Nigeria Revenue Service takes over collection of mineral royalties

The FrontierThe FrontierApril 4, 2026 862 Minutes read0

Collection of mineral royalties from mining sector operators across the country will henceforth be the responsibility of the Nigeria Revenue Service (NRS), while the Ministry of Solid Minerals Development will continue its technical and regulatory oversight on the sector.

This was the outcome of a meeting between the Minister of Solid Minerals Development, Mr Dele Alake and the NRS chairman, Zacch Adedeji, held at the former’s office in Abuja on Thursday, to define collaborative ways of working together.

The decision was based on the new tax laws, which empower NRS to administer all federally collectable revenue and account for the same, reports Saturday Independent.

A statement made available to journalists yesterday by Dare Adekanmbi, Special Adviser to the NRS chairman, said the decision, effective January 1, 2026, was contained in a joint statement endorsed by both Alake and Adedeji.

“The Ministry of Solid Minerals Development and the Nigeria Revenue Service wish to inform mining operators and the general public of the outcome of their meeting held on April 2, 2026, on the collaborative implementation of mineral royalty administration under the Nigeria Tax Laws 2025.

“Following the enactment of the laws by President Bola Tinubu on 26 June 2025, the administration of mineral royalties, effective January 1, 2026, has transitioned to NRS.

“The Ministry of Solid Minerals Development continues to serve as a vital technical partner, providing mineral pricing data, geological information, and industry coordination in support of the royalty process.

“Both institutions have agreed to work closely together to ensure that operators are well-informed, and that the new royalty framework is implemented in a way that supports the growth and development of the solid minerals sector,” the statement said.

According to the statement, there will be a joint nationwide sensitisation programme for operators in the sector, particularly to guide royalty filing and payment as spelt out under the new tax laws.

The new royalty regime will also see the development of a modern, end-to-end digital royalty administration system. At the same time, joint technical sessions shall be held regularly to coordinate and resolve issues that may arise.

“The Ministry of Solid Minerals Development and NRS wish to assure mining operators and the public that both institutions are fully aligned and committed to working together to implement the new royalty framework in a manner that is orderly, transparent, and supportive of the mining sector.

“Operators are encouraged to continue meeting their filing and payment obligations as required under the new tax laws, and to participate actively in the forthcoming sensitisation programme,” the statement added.

Tags
mineral royaltiesNew tax lawsNigeria Revenue Service
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post Labour Party announces date for elective congress, national convention
next post EASTER: Police deploy operatives to worship centres
Related posts
  • Related posts
  • More from author
Business & Economy

Freight forwarders seek urgent tariffs review

April 21, 20260
Business & Economy

Items banned from importation into Nigeria •FULL LIST

April 20, 20260
Business & Economy

FG bans importation of paracetamol, cement, frozen poultry, vegetable oil, others

April 19, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
Business & Economy

Freight forwarders seek urgent tariffs review

April 21, 20260
International

UK Prime Minister Starmer admits mistake in Mandelson envoy appointment amid Epstein row

April 21, 20260
Crime

N6 billion ransom demand by terrorists for Borno, Kaduna victims sparks security fears

April 21, 20260
Politics

BREAKING: Peter Obi, Kwankwaso supporters launch OK Movement for 2027 presidential race

April 21, 20260
Entertainment

P-Square’s Peter Okoye officially changes birthday date amid rift with twin brother

April 21, 20260
Politics

PDP South-West Zone disowns organisers of press briefing in Ibadan

April 21, 20260
Load more

inside the Hill top newspaper

February 9, 2025

Freight forwarders seek urgent tariffs review

April 21, 2026

UK Prime Minister Starmer admits mistake in Mandelson envoy appointment amid Epstein row

April 21, 2026

N6 billion ransom demand by terrorists for Borno, Kaduna victims sparks security fears

April 21, 2026

BREAKING: Peter Obi, Kwankwaso supporters launch OK Movement for 2027 presidential race

April 21, 2026

P-Square’s Peter Okoye officially changes birthday date amid rift with twin brother

April 21, 2026

inside the Hill top newspaper

0 Comments

Freight forwarders seek urgent tariffs review

0 Comments

5 burnt to death scooping fuel from fallen tanker

0 Comments

Naira slumps further as dollar scarcity bites harder

0 Comments

BREAKING: Appeal Court sacks Senate Minority Leader, orders election rerun

0 Comments

Again, Trump fined $10,000 for violating gag order

0 Comments

Follow us

FacebookLike our page
InstagramFollow us
YoutubeSubscribe to our channel
WhatsappContact us
Latest news
1

inside the Hill top newspaper

February 9, 2025
2

Nigeria’s debt up by ₦24.33 trillion in 3 months, now ₦121.67 trillion

June 21, 2024
3

Audit report indicts NUPRC, Customs for non-remittance into federation account

March 11, 2024
4

What I discussed with ex-Governor El-Rufai – SDP chairman

January 10, 2025
5

Former envoy questions Nigeria-US tie, says no ambassador in Washington

January 21, 2025
6

PDP stating the obvious, APC has ruined the economy – Labour Party

February 13, 2024
Popular
1

inside the Hill top newspaper

February 9, 2025
2

4 police officers arrested over hotel worker kidnap

December 5, 2023
3

REVEALED: Why some Nigerian men are not biological fathers of their children – Psychologists

September 9, 2024
4

APC will split soon, national chairman Ganduje, others will defect to PDP — Former Governor Sule Lamido

May 12, 2025
5

18 suspects in police net over riot in popular Lagos market

September 19, 2025
6

Germany to return Nazi-looted artefacts to Poland

December 1, 2025

About The Frontier

The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

Most viewed

inside the Hill top newspaper

February 9, 2025

Nite of a Thousand Laughs 30th anniversary lights up Asaba

November 13, 2025

LP: Abure carpets Apapa over plans to conduct guber primary in Edo

January 2, 2024

Nigerian Afrobeats star Burna Boy first African artiste to Chart Billboard Hot 100 six years running

February 20, 2026

Osun crisis: LG workers rule out resumption, demand February salary

March 3, 2025
Top posts

Categories

  • News4467
  • Politics3914
  • Crime3798
  • International2659
  • Sports2191
  • Business & Economy2076
  • Headlines2039
  • Education1217
  • Matilda Showbiz868
  • Health771
  • Entertainment710
  • Africa436
  • Religion431
  • Environment313
  • Special257
  • Arts & Culture226
  • Hunger protests in Nigeria224
  • Info Tech210
  • Interview174
  • Inside Akwa Ibom Today164
  • Opinion144
  • EyeCare with Dr Priscilia Imade113
  • Advert30
  • Epistles of Anthony Kila19
  • Trends16
  • Local News4

© 2026 The Frontier, Published by Okims Media Links Limited.

designed by winnet services

  • Home
  • Advertise with us
  • Contact