• Home
  • Top Stories
  • News
    • Photo News
  • Politics
  • Business
  • Crime & Security
  • Sports
  • Intimacy
  • About Us
    • Contact Us
    • Privacy Policy
    • Advert Rate
  • More
    • Opinion
    • Lifestyle & Entertainment
    • Foreign News
    • Health
Facebook Twitter Instagram
Tuesday, July 28
Facebook Twitter Instagram
Prompt News
  • Home
  • Top Stories
      Featured

      UK court jails Nigerian student, accomplice 18 years over robbery, blackmail

      Foreign News July 28, 2026
      Recent

      UK court jails Nigerian student, accomplice 18 years over robbery, blackmail

      July 28, 2026

      Court of Appeal nullifies judgement on deregistration of ADC, Accord, 3 others

      July 28, 2026

      WAFCON: Super Falcons Welfare Committee Members Stranded in Abuja

      July 27, 2026
    1. News
      1. Photo News
      Featured

      FG Inaugurates Interministerial Committee to Strengthen Agricultural Quarantine

      News July 28, 2026
      Recent

      FG Inaugurates Interministerial Committee to Strengthen Agricultural Quarantine

      July 28, 2026

      JUST IN: Oyo receives surveillance aircraft, moves to strengthen security

      July 28, 2026

      NANS condemns remand of ex FUOYE SUG president, plans protests in Ekiti

      July 27, 2026
    2. Politics
        Featured

        Ensure Free, Fair Election in Osun, National Christian Coalition Charges Tinubu

        Politics July 28, 2026
        Recent

        Ensure Free, Fair Election in Osun, National Christian Coalition Charges Tinubu

        July 28, 2026

        2027: Atiku Reacts As Appeal Court Clears The Road for ADC

        July 28, 2026

        Court of Appeal nullifies judgement on deregistration of ADC, Accord, 3 others

        July 28, 2026
      1. Business
          Featured

          Agama Urges Collaboration Among African Markets…..Signs MoU with CMA

          Business July 28, 2026
          Recent

          Agama Urges Collaboration Among African Markets…..Signs MoU with CMA

          July 28, 2026

          CIBN, ACAMB Push For Financial Inclusion, Women Empowerment

          July 28, 2026

          ‘Africa is filled with untapped talents waiting to Flourish’ – Awele Elumelu 

          July 27, 2026
        1. Crime & Security
            Featured

            Gunmen kill Army colonel, injure wife, two others in Abuja

            Crime & Security July 28, 2026
            Recent

            Gunmen kill Army colonel, injure wife, two others in Abuja

            July 28, 2026

            JUST IN: Aviation workers issue seven day ultimatum over unpaid ticket sales charges

            July 28, 2026

            Sunday Igboho recounts escape from DSS raid on Ibadan residence

            July 28, 2026
          1. Sports
              Featured

              Omidiran rallies Super Falcons, Backs quest for historic 11th WAFCON title

              Sports July 28, 2026
              Recent

              Omidiran rallies Super Falcons, Backs quest for historic 11th WAFCON title

              July 28, 2026

              Glasgow 2026: Team Nigeria set for busy might in athletics, boxing

              July 28, 2026

              11th WAFCON Title: Nigeria On The March Again

              July 28, 2026
            1. Intimacy
            2. About Us
              • Contact Us
              • Privacy Policy
              • Advert Rate
            3. More
              • Opinion
              • Lifestyle & Entertainment
              • Foreign News
              • Health
            Prompt News
            Home » From Policy to Practice: How Nigeria is Strengthening Revenue Drive Through the Mining Sector
            Business

            From Policy to Practice: How Nigeria is Strengthening Revenue Drive Through the Mining Sector

            Prompt NewsBy Prompt NewsApril 6, 2026Updated:April 6, 2026No Comments4 Mins Read
            Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
            Adedeji - Alake
            Nigeria Revenue Service boss, Zacch Adedeji (L) and Minister of Solid Minerals Development, Dr. Dele Alake (R)
            Share
            Facebook Twitter LinkedIn Pinterest Email

            By Arabinrin Aderonke

            Nigeria’s new tax laws are not just policy on paper, they are being taken seriously, and their scope is already expanding in practical and impactful ways. One of the clearest signals of this commitment is the decision to vest the Nigeria Revenue Service with the responsibility of collecting mineral royalties from mining operators across the country.

            This development reflects a deliberate effort to streamline revenue administration, improve efficiency, and strengthen government earnings from the solid minerals sector.
            While the announcement was made public last week, it is important to note that this transition did not happen overnight.

            A joint committee comprising representatives of both the Nigeria Revenue Service and the Ministry of Solid Minerals Development has been in place for some time, meeting regularly to work through the modalities and ensure a smooth and well-coordinated handover. The public disclosure therefore marks the culmination of sustained institutional collaboration rather than a sudden policy shift.

            Effective January 1, 2026, the Nigeria Revenue Service formally assumed this role, marking a significant shift in how mineral royalties are managed. Previously handled within the Ministry of Solid Minerals Development, the responsibility has now been transferred in line with the new tax laws signed by President Bola Ahmed Tinubu on June 26, 2025. These laws empower the revenue service to administer all federally collectable revenues, ensuring a more centralised and coordinated system.

            Importantly, this transition does not diminish the role of the Ministry of Solid Minerals Development. Rather, it redefines it. The ministry continues to serve as the technical backbone of the sector, providing critical inputs such as mineral pricing data, geological intelligence, and industry coordination. This separation of roles allows each institution to focus on its strengths.

            While the revenue service drives collection efficiency, the ministry ensures technical accuracy and sectoral integrity.
            The outcome of the recent meeting in Abuja between the Minister of Solid Minerals Development, Dele Alake, and the Chairman of the Nigeria Revenue Service, Zacch Adedeji, underscores the importance of collaboration in making this transition successful. Their joint commitment signals a unified approach to governance, one that prioritises clarity, cooperation, and results.

            For mining operators, the implications are both clear and consequential. A new, modernised system of royalty administration is being introduced, featuring an end to end digital platform designed to simplify filing and payment processes. This is a welcome development in a sector that has often grappled with inefficiencies and opacity. By leveraging technology, the government is not only improving compliance but also making it easier for operators to meet their obligations.

            Equally important is the emphasis on stakeholder engagement. Both institutions have agreed to embark on a nationwide sensitisation programme to guide operators through the new framework. This proactive approach recognises that reform is most effective when those affected understand both the what and the why. Regular technical sessions will also be held to address emerging issues, ensuring that the system remains responsive and adaptive.

            At its core, this reform is about building trust. By assuring stakeholders of a transparent and orderly implementation process, the government is sending a strong message that accountability and fairness will underpin the new regime. For operators, compliance is no longer just a regulatory requirement; it is part of a broader national effort to harness Nigeria’s mineral wealth for sustainable development.

            In a country seeking to diversify its revenue base beyond oil, the solid minerals sector holds immense promise. However, unlocking this potential requires more than just resources beneath the ground. It demands strong institutions, clear policies, and efficient systems. The integration of mineral royalty collection into the Nigeria Revenue Service is a step in that direction.

            Ultimately, this is a reform that aligns policy with practice. It demonstrates that when laws are backed by political will and institutional cooperation, meaningful change is possible. For Nigeria, it is a reminder that the path to economic resilience lies not only in what we have, but in how well we manage it.

            Arabinrin Aderonke Atoyebi is the Technical Assistant on Broadcast Media to the Executive Chairman of the Nigeria Revenue Service. She writes from Abuja.

            Mining sector Nigeria Revenue Service
            Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
            Previous ArticleYou’ll Suffer If You Have Kids Without Money – Chiwetalu Agu to Men
            Next Article UCL: Arsenal receive triple injury boost ahead  Sporting Lisbon clash
            Prompt News

              Related Posts

              Interrogating Kaduna State’s Match To Food Security, By Zainab Suleiman Okino

              July 28, 2026

              Agama Urges Collaboration Among African Markets…..Signs MoU with CMA

              July 28, 2026

              CIBN, ACAMB Push For Financial Inclusion, Women Empowerment

              July 28, 2026
              Add A Comment

              Comments are closed.

              Recent Posts
              • Interrogating Kaduna State’s Match To Food Security, By Zainab Suleiman Okino
              • Gunmen kill Army colonel, injure wife, two others in Abuja
              • FG Inaugurates Interministerial Committee to Strengthen Agricultural Quarantine
              • UK court jails Nigerian student, accomplice 18 years over robbery, blackmail
              • JUST IN: Aviation workers issue seven day ultimatum over unpaid ticket sales charges

              CONTACT INFORMATION

              Prompt News Online is published by PNO Dynamic Media Limited.

              Address: Suite 24, Abebi Plaza, Oluseyi, Sango – Eleyele Road, Ibadan, Oyo State, Nigeria.

              Managing Editor/CEO: Akeem Oyetunji

              Email: [email protected] or [email protected]

              Phone/WhatsApp: +234806 286 2057
              Or 0805 386 6284

              ABUJA OFFICE: 
              Address: Suite D76, EFAB Mall
              Off Gimbya Street, Area 11, Garki, Abuja
              ABUJA BUREAU EDITOR: Harry Awurumibe
              Phone: 0803 302 4300
              Email: [email protected]
              UK OFFICE:
              Address: 34 Skipper Court,
              Abbey Road, IG 11 7GW.
              Barking, London, UK.
              EDITOR EUROPE: Bolaji Oyegunle
              Phone +447878196776
              Email: [email protected]
              © 2026 Prompt News Online. Designed by DeedsTech.
              • About Us
              • Contact Us
              • Advert Rate
              • Privacy Policy

              Type above and press Enter to search. Press Esc to cancel.