The Nigeria Revenue Service (NRS) has pledged to ensure a transparent, fair, and accountable management of mining royalties in light of the recent transfer of mineral royalty collection and associated fees to the agency, as mandated by new tax laws enacted in 2025. This commitment was highlighted in a report by Punch Newspaper on May 24. The NRS aims to enhance the integrity of the revenue collection process and ensure that all stakeholders are treated equitably under the new regulatory framework.
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