principles of solid mineral taxation in nigeria

The Polluter Pays Principle: A Proper Guide for Environmental

The Polluter Pays Principle: A Proper Guide for Environmental Policy By Roy E. Cordato, Ph.D.* The 'polluter pays principle' states that whoever is responsible for damage to the environment should bear the costs associated with it.1 Few people could disagree Get price

Industrial Policy in Nigeria: Opportunities and Challenges

The structure of the Nigerian economy is typical of an underdeveloped country. Between 2011 and 2012, the primary sector, in particular the oil and gas sector, dominated GDP, accounting for over 95 per cent of export earnings and about 85 per cent of government revenue. The industrial sector accounts for 6 per cent of economic activity, while in 2011, the manufacturing sector contributed only Get price

Legal Framework for the Regulation of Waste in Nigeria

also been contended that 70% of environmental legislation applied in Nigeria today are derived from norms and principles of international laws in form of treaties, conventions, customary international law, protocols and other agreements of a binding nature. Get price

An appraisal of the conformity of the 2007 Nigerian

The high economic potentials of solid minerals have drawn Nigeria to the exploitation of the many mineral resources found in many States of the federation particularly as revenue from oil industry is dwindling. However, these solid minerals cannot truly be beneficial if Get price

Nigeria

2020/6/10Nigeria is richly endowed with various types of mineral resources. The government is committed to diversifying the nation's economy; from dependence on oil revenue to non-oil revenues. In September 2016, the Federal Government of Nigeria through the Ministry of Mines and Steel Development, re-launched the Solid Mineral Policy Roadmap, aimed at ensuring policy continuity Get price

Embassy of the Federal Republic of Nigeria

NIGERIA: PAST, PRESENT AND FUTURE Nigeria is a Federal Republic composed of 36 States, and a Capital Territory, with an elected President and a Bi-cameral Legislature. It operates the Presidential system of Government with three distinct but complementary arms namely the Executive, the Legislature and the Judiciary, each acting as a check on the other two. Get price

Mineral and Energy Economics

"The Mineral and Energy Economics Program at Mines has trained me in a way that I have a good idea of how to answer those questions. The program offers such an efficient curriculum, mainly because the program specializes in energy and environmental issues. Get price

Principles, Practices, and Applications Gravity and Magnetic

Principles, Practices, and Applications This combined study and reference text provides a comprehensive account of the principles, practices, and application of gravity and magnetic methods for exploring the subsurface using surface, subsurface, marine Get price

25+ Lucrative Mining Business Ideas And Opportunities in

Bitumen is another mineral resource, with Nigeria having an estimated 38 billion barrels of it and a minimum reserve of about 16 billion barrels in Ondo state alone. They are also known as oil sands, have not yet been exploited, and are said to be a future source of revenue for the Nigerian economy. Get price

Nigeria

First, solid mineral resources are economically, socially and environmentally crucial for Nigeria. There are key knowledge gaps in the sector. In addition the utilization of solid mineral resources is well aligned with the Bank's country partnership strategy, which is placing a Get price

Taxation of Nigeria's Solid Mineral Resources: Prospects

2017/5/18This article examines the taxation of mineral resources (solid minerals in particular) in Nigeria vis--vis the various taxes payable by the various entities. In doing this, the various extant tax laws on are examined. The article further examines the challenges and the Get price

List of Solid Minerals in Nigeria and their Locations

2018/2/10Nigeria is rich in solid minerals. This have attracted many foreign nationals. These solid minerals drive the economic sector of Nigeria. In this article, I will share with you the list of solid minerals in Nigeria and their states of location. I will also discuss the major solid Get price

ASSESSMENT OF THE ENVIRONMENTAL REGULATORY

In Nigeria, up to now mining activities have systematically escaped environmental control. In 1989, the Government of Nigeria issue the Document "National Policy on the Environment", which was revised in 1999 in response to the advances in knowledge and Get price

Mineral Resources, Economics and the Environment

6.2.2 Accounting methods and mineral proﬁts 107 6.3 Mineral taxation and mineral proﬁts 110 6.3.1 Income taxes, depletion allowances, and windfall proﬁt taxes 110 6.3.2 Ad valorem taxes – severance taxes, royalties, and carbon taxes 112 6.3.3 Tariﬀs and 115 Get price

Mineral royalties and other mining

taxation regimes in the mining sector. The practical issue for governments, however, is how to design tax regimes that best meet their objectives. This paper provides a review of mineral royalties and other special taxes which apply specifically to the mining Get price

Mineral royalties and other mining

taxation regimes in the mining sector. The practical issue for governments, however, is how to design tax regimes that best meet their objectives. This paper provides a review of mineral royalties and other special taxes which apply specifically to the mining Get price

Embassy of the Federal Republic of Nigeria

NIGERIA: PAST, PRESENT AND FUTURE Nigeria is a Federal Republic composed of 36 States, and a Capital Territory, with an elected President and a Bi-cameral Legislature. It operates the Presidential system of Government with three distinct but complementary arms namely the Executive, the Legislature and the Judiciary, each acting as a check on the other two. Get price

Bottled Water Taxation

Guiding Principles of Tax Policy IBWA believes that the following set of principles is essential in addressing tax policy relative to the bottled water industry. Broad based taxes, rather than industry or product specific taxes, are a more stable and thus more predictable source of government funding. Get price

FREE RESEARCH PROJECT TOPICS AND MATERIALS IN

Download free research project topics and materials in nigeria Blog: Free Research Guide Articles s M aking Awesome Presentations: Useful Tips for Project Defense How to Ace the 25 Most Common Project Defense Questions H ow to Write an Abstract H ow to Choose the Right Measurement Instruments Get price

4 Petroleum fiscal regimes : The Taxation of Petroleum

3 Principles of resource taxation for low-income countries toggle PART II Sectoral experiences and issues 4 Petroleum fiscal regimes 5 International mineral taxation 6 Natural gas toggle PART III Special topics 7 Evaluating fiscal regimes for resource projects Get price

Mineral royalties and other mining

taxation regimes in the mining sector. The practical issue for governments, however, is how to design tax regimes that best meet their objectives. This paper provides a review of mineral royalties and other special taxes which apply specifically to the mining Get price

Nigeria

Nigeria - Nigeria - Economy: The Nigerian economy is one of the largest in Africa. Since the late 1960s it has been based primarily on the petroleum industry. A series of world oil price increases from 1973 produced rapid economic growth in transportation, construction, manufacturing, and government services. Because this led to a great influx of rural people into the larger urban centres Get price

Principles of the Mineral Resource Classification System of the

Principles of the Mineral Resource Classification System of the U.S. Bureau of Mines and U.S. Geological Survey Resource. A concentration of naturally occurring solid, liquid, or gaseous materials in or on the Earth's crust in such form Demonstrated Get price

ASSESSMENT OF THE ENVIRONMENTAL REGULATORY

In Nigeria, up to now mining activities have systematically escaped environmental control. In 1989, the Government of Nigeria issue the Document "National Policy on the Environment", which was revised in 1999 in response to the advances in knowledge and Get price