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Nigeria's Tax Incentives for Investment in Mining and Metals Industry


 
The mining sector has been in existence in Nigeria as far back as the 1900s, and in the past was a major revenue source for the Nigerian government. By the 1940s, Nigeria was a major producer of tin, columbite and coal and it was not until the discovery of oil in 1956 that the development of the sector regressed, as government and other stakeholders in the industry began focusing on the new resource.
Mining activities before 2007 in Nigeria were carried out in accordance with the provisions of the Federal Minerals and Mining Act (FMMA) of 1999. In 2007, the Nigerian Mining and Minerals Act (NMMA) was enacted, repealing the FMMA of 1999, for the purpose of regulating the exploration and exploitation of minerals in Nigeria. ....

Foreign Exchange , Central Bank , Steel Development , Minerals Act , Companies Income Tax Act , Federal Minerals , Mining Act , Nigerian Mining , West Africa , Finance Act , Use Earned Foreign , வெளிநாட்டு பரிமாற்றம் , மைய வங்கி , எஃகு வளர்ச்சி , தாதுக்கள் நாடகம் , நிறுவனங்கள் வருமானம் வரி நாடகம் , கூட்டாட்சியின் தாதுக்கள் , சுரங்க நாடகம் , நைஜீரியன் சுரங்க , நிதி நாடகம் , பயன்பாடு சம்பாதித்தார் வெளிநாட்டு ,