By Isiaka Mustapha, Editor-in-Chief, People\u2019s Security Monitor<\/p>\n\n\n\n
The Minister of Solid Minerals Development, Dr Dele Alake, has endorsed the maiden National Mining Tax Summit scheduled to hold in Abuja from November 11 to 13, 2026, describing it as a timely initiative to educate stakeholders on Nigeria\u2019s evolving solid minerals taxation framework.<\/p>\n\n\n\n
In an endorsement letter dated October 6, 2026, Alake commended the organisers for providing a platform to enlighten mining operators and other industry stakeholders on the new tax regime, including the procedures and systems established for the collection of taxes, levies and charges in the sector.<\/p>\n\n\n\n
The minister said the Federal Government\u2019s ongoing revenue reforms under President Bola Ahmed Tinubu were aimed at strengthening revenue mobilisation in line with progressive taxation principles.<\/p>\n\n\n\n
He identified the renewed focus on solid minerals taxation as a key component of the reforms, with the Ministry of Solid Minerals Development and the Nigeria Revenue Service expected to play complementary roles in administering the regime.Alake expressed confidence that the summit would improve stakeholders\u2019 understanding of the new tax procedures, promote compliance and support the orderly development of the mining industry. <\/p>\n\n\n\n
He consequently endorsed the event and wished the organisers successful deliberations.The summit is being organised by Miners Communications Limited, publishers of The Miners Magazine and The Miners Online in partnership with Secom Limited and Lambard Consulting. <\/p>\n\n\n\n
It has also received the endorsement of the Miners Association of Nigeria (MAN) and the Chartered Institute of Taxation of Nigeria (CITN).In a letter dated September 16, 2026, MAN President Dele Ayanleke accepted the association\u2019s invitation to participate, describing the summit as a timely initiative capable of contributing to sustainable economic growth. <\/p>\n\n\n\n
The association also pledged to provide expertise, participate in panel discussions and engage with other industry stakeholders.Similarly, CITN Registrar and Chief Executive Afolake Oso confirmed the institute\u2019s participation in a letter dated September 4, 2026.<\/p>\n\n\n\n
The institute nominated Azeez Alatoye, lead legal consultant at Ascension Legal Services and dean of CITN\u2019s Extractive Industry Tax Faculty, as keynote speaker. Alatoye is expected to present a paper titled \u201cAligning Mining Operations with Current Tax Laws<\/p>\n\n\n\n
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Wahab Omoniyi, Assistant Director and Head of Budget at the Nigerian Geological Survey Agency and chairman of CITN\u2019s Solid Minerals Sub-Committee, was nominated as a panellist.<\/p>\n\n\n\n
The summit is expected to bring together government regulators, mining companies, investors, tax practitioners and other relevant stakeholders to examine the implications of Nigeria\u2019s changing fiscal framework for the solid minerals industry. Discussions will focus on how effective taxation can improve government revenue, encourage investment, strengthen compliance and promote sustainable growth in the sector.<\/p>\n","protected":false},"excerpt":{"rendered":"
By Isiaka Mustapha, Editor-in-Chief, People\u2019s Security Monitor The Minister of Solid Minerals Development, Dr Dele Alake, has endorsed the maiden National Mining Tax Summit scheduled to hold in Abuja from…<\/p>\n","protected":false},"author":6,"featured_media":30733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-30732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pages"],"yoast_head":"\n