Investor Presentaiton
B.1
Maximize revenue collection (I/II)
Initiative objective
Assess current status of concessions and establish comprehensive database on mining companies
Streamline and consolidate fees
Improve process for monitoring and evaluation for noncompliance
Actions
B.1.1 Assess current status of concessions & create database of mining cos.:
Work with Cadastral Office of the Federal Ministry and identify known mineral
license holders and areas, available concessions, & operational sites
Survey all held concessions and assess for operating status:
Correct haulage fees and surface rent are being paid
Work with IRS to determine payment status of fees and taxes
Created a state registry (database) to record the ownership of all concessions
Work with Ministry of Lands, Survey and Town Planning to map to demarcate
land parcels (digitally), with allocated ownership
B.1.2 Streamline haulage fees collection process:
•
•
Implement yearly haulage fee structure based on production from sites and type
of mineral transported
Establish mechanism for collecting haulage tax in collaboration with the Board of
Internal Revenue (including who is responsible for spot checks, final assessment
and tax collection)
Design path to electronic payment of haulage fees (i.e. create payment portal to
be used and implemented with help of ICT)
Deliverables
Initiative Lead
B.1.1, B.1.2 Ministry of Mineral Development
B.1.3 Board of Internal Revenue
List of concessions, operating companies
and operating status
Tax compliance status of all operational
mining companies
Database of list of mining companies
operating in the state
New haulage fee structure implemented
Mode of collecting fees and taxes
identified and implemented
Recommended timeline
6 months
•
12 months
6 months
•
12-18 months
12-18 months
Potential quick-win
83
3
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