Governor Adeleke imposes derivation tax on mining companies in Osun, warns illegal miners

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 78%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Governor Ademola Adeleke says gold mining companies will pay 13 per cent of their profits into the state coffers.

says companies mining gold in Osun will henceforth pay 13 per cent of their profits into the state coffers.

“All illegal mining activities must stop immediately. Henceforth, all illegal mining syndicates will be arrested and prosecuted,” he said. The governor vowed to make mining production companies operating in the state to pay for the damages they cause to the environment.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

There are competing mining fields across Nigeria and the world. Start with incentives to attract investors. They will care for the community. Investmentattraction

South Africa South Africa Latest News, South Africa South Africa Headlines