$3b Annual Tax from Gemstone Exports
Roskin Gem News Report

The Niche
Jeph Ajobaju, Copy Chief Editor, October 20, 2022

Some $3 billion worth gemstones are exported from Nigeria every year but the treasury gets little or no revenue from it because much of the business involves illegal mining and smuggling, for which many Chinese have been arrested.

Mines and Steel Development Minister of State Gbemisola Saraki disclosed the amount in Abuja at the graduation of the second batch of the master Gemstone, Jewellery making and Design training. follow for more Roskingemnewsreport

Stock image used by NICHE for the news feature

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Roskin Gem News Report
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