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Nigeria Revenue Service Takes Over Mineral Royalties as Ministry Retains Oversight

Olamide Taiwo by Olamide Taiwo
April 4, 2026
in News
0
Nigeria Revenue Service Takes Over Mineral Royalties as Ministry Retains Oversight

Abuja, April 4, 2026 – The Nigeria Revenue Service (NRS) has officially assumed responsibility for collecting mineral royalties from mining operators across the country, while the Ministry of Solid Minerals Development will maintain technical and regulatory oversight of the sector.

The decision emerged from a collaborative meeting on April 2, 2026, between Minister of Solid Minerals Development Dele Alake and NRS Chairman Zacch Adedeji at the Ministry’s Abuja office. The meeting focused on defining the operational framework for implementing the new tax laws governing mineral royalties.

A joint statement released by the Ministry and NRS, made available to journalists on Friday by NRS Special Adviser Dare Adekanmbi, confirmed that the change, effective January 1, 2026, aligns with the Nigeria Tax Laws 2025, signed by President Bola Ahmed Tinubu on June 26, 2025.

Under the new arrangement, NRS will manage all federally collectable mineral royalties, while the Ministry continues to provide vital technical support, including mineral pricing data, geological information, and industry coordination.

“Both institutions are committed to working closely to ensure mining operators are fully informed and that the royalty framework is implemented to support growth in the solid minerals sector,” the statement said.

To facilitate compliance, a nationwide sensitisation programme will guide operators on filing and payment obligations under the new laws.

Additionally, a modern digital royalty administration system will be developed, alongside regular technical sessions to resolve sectoral issues.

Mining operators are encouraged to meet their filing and payment responsibilities and actively participate in the forthcoming outreach initiatives.

The joint approach aims to ensure a transparent, orderly, and growth-oriented administration of mineral royalties while promoting the development of Nigeria’s solid minerals industry.

Tags: abujaDele Alakemineral royaltiesmining regulationNigeria GovernmentNigeria miningNigeria Revenue Servicesolid minerals sectortax laws 2025Zacch Adedeji
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