Nigerian govt unveils new rate in mining sector

The Nigerian government has announced a new regime of rates in the mining sector to enhance the ease of doing business and consolidate ongoing reforms.

Segun Tomori, the special assistant on media to the Minister of Solid Minerals Development, Dele Alake, disclosed this in a statement on Thursday.

According to the statement, Mr Alake explained that the review underscores the federal government’s commitment to increasing revenue from solid minerals to enhance service delivery and bolster mining’s contribution to economic development.