Eighth Schedule: Solid minerals royalty
Schedule 8 to the Nigeria Tax Act 2025, as published in the Official Gazette.
Referred to in Section 64(3).
Referred to in Section 64(3).
1. Any person who extracts any solid mineral shall pay royalty in accordance with the provisions of this Act and the Nigeria Tax Administration Act.
2. The royalties shall be computed at the rates specified in the Table of this Schedule on the value of the solid mineral resource.
3. The value of each solid mineral resource extracted shall be determined using the official selling price specified by the Federal Ministry of Solid Minerals or ruling prices on an international trading platform or market for solid minerals.
| S/N | Mineral | Ad valorem royalty (%) |
|---|---|---|
| 1 | ANTIMONY ORE | 7.5 |
| 2 | AMETHYST | 10 |
| 3 | AQUAMARINE | 10 |
| 4 | BARYTES | 10 |
| 5 | BAUXITE | 7.5 |
| 6 | BENTONITE | 10 |
| 7 | BERYLLIUM | 10 |
| 8 | BISMUTH | 7.5 |
| 9 | BITUMEN/ TAR SAND | 7.5 |
| 10 | CHALCOPYRITE | 7.5 |
| 11 | CHROMITE | 10 |
| 12 | CLAY | 10 |
| 13 | COAL | 7.5 |
| 14 | COLUMBITE ORE (<10% Nb2O5) | 7.5 |
| 15 | COLUMBITE CONCENTRATE (>10% Nb2O5) | 7.5 |
| 16 | COPPER ORE | 7.5 |
| 17 | CORUNDUM | 10 |
| 18 | CRYSTAL QUARTZ | 10 |
| 19 | DIATOMITE | 10 |
| 20 | DOLOMITE | 10 |
| 21 | EMERALD | 10 |
| 22 | FELDSPAR | 10 |
| 23 | FLOURITE | 10 |
| 24 | GARNET | 10 |
| 25 | GOLD CONCENTRATE | 15 |
| 26 | GRANITE BLOCKS | 10 |
| 27 | GRANITE AGGREGATES | 10 |
| 28 | GRANITE DUST | 10 |
| 29 | GRAPHITE | 10 |
| 30 | GYPSUM | 10 |
| 31 | ILMENITE | 7.5 |
| 32 | INDUSTRIAL QUARTZ | 10 |
| 33 | IRON ORE | 7.5 |
| 34 | KAOLIN (CRUDE) | 10 |
| 35 | KAOLIN (PULVERIZED) | 10 |
| 36 | LATERITE | 10 |
| 37 | LEAD/ZINC ORE (<55%Pb) <30% Zn) | 7.5 |
| 38 | LEAD/ZINC CONCENTRATE (>55%Pb), >30% Zn) | 7.5 |
| 39 | LIMESTONE (CRUDE) | 10 |
| 40 | LITHIUM ORE | 10 |
| 41 | MAGNESITE | 7.5 |
| 42 | MARBLE AGGREGATES | 10 |
| 43 | MARBLE BLOCKS | 10 |
| 44 | MANGANESE | 7.5 |
| 45 | MOLYBDENUM | 7.5 |
| 46 | MONAZITE | 10 |
| 47 | MICA | 10 |
| 48 | NICKEL | 10 |
| 49 | PHOSPHATE | 10 |
| 50 | PYRITE | 7.5 |
| 51 | RUBY | 10 |
| 52 | RUTILE | 7.5 |
| 53 | SALT | 10 |
| 54 | SAND | 10 |
| 55 | SAPPHIRE | 10 |
| 56 | SHALE | 10 |
| 57 | SILICA SAND | 10 |
| 58 | SILVER ORE | 7.5 |
| 59 | SODAASH/TRONA | 10 |
| 60 | SPODUMENE | 10 |
| 61 | TALC | 10 |
| 62 | TANTALITE (CRUDE) (<30% Ta2O5) | 7.5 |
| 63 | TANTALITE CONCENTRATE (>30% Ta2O5) | 7.5 |
| 64 | TIN ORE (<50%Sn) | 7.5 |
| 65 | TIN CONCENTRATE (>50%Sn) | 7.5 |
| 66 | TOPAZ | 10 |
| 67 | TOURMALINE (GREEN) | 10 |
| 68 | TOURMALINE (PINK & BLUE) | 10 |
| 69 | WOLFRAMITE | 7.5 |
| 70 | ZIRCON | 10 |
| 71 | ZIRCON SAND | 10 |
| 72 | MOGANITE | 10 |
| 73 | ANY OTHER MINERAL | 10 |
All Schedules
- First Schedule
- Second Schedule
- Third Schedule
- Fourth Schedule
- Fifth Schedule
- Sixth Schedule
- Seventh Schedule
- Eighth Schedule
- Ninth Schedule
- Tenth Schedule
- Eleventh Schedule
- Twelfth Schedule
- Thirteenth Schedule
- Fourteenth Schedule
Source: Nigeria Tax Act, 2025 (Act No. 7 of 2025), Official Gazette No. 117, Lagos, 26 June 2025. General information, not tax or legal advice.