Nigeria Revenue Service Takes Over Royalties
Analysis based on 14 articles · First reported Apr 03, 2026 · Last updated Apr 05, 2026
The transfer of mineral royalty collection to Nigeria — Nigeria Revenue Service is expected to improve transparency and efficiency in revenue generation for Nigeria, potentially boosting investor confidence in the mining sector. Mining operators will need to adapt to the new digital administration system and compliance procedures, which could initially cause some adjustments but ultimately lead to a more streamlined process.
The Nigeria — Nigeria Revenue Service (NRS) has officially taken over the collection of mineral royalties from mining operators across Nigeria, effective January 1, 2026. This transition is a direct result of the new Nigeria Tax Laws 2025, enacted by President Bola Tinubu on June 26, 2025, which empower Nigeria — Nigeria Revenue Service to administer all federally collectable revenue. The decision was formalized during a meeting on April 2, 2026, between Henry Dele Alake, the Minister of Solid Minerals Development, and Zacch Adedeji, the chairman of Nigeria — Nigeria Revenue Service. While Nigeria — Nigeria Revenue Service will handle revenue collection, the Nigeria — Ministry of Solid Minerals Development will maintain its technical and regulatory oversight, providing crucial data and industry coordination. Both institutions have committed to a joint nationwide sensitisation program and the development of a modern digital royalty administration system to ensure a smooth and transparent implementation of the new framework, aiming to support the growth of Nigeria's solid minerals sector.
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