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Mining sector: 66% increase in revenues in Niger

11/07/2024
Source : ORISHAS-FINANCE
Categories: Raw materials Sectors

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The Extractive Industries Transparency Initiative (Itie) published a report at the end of June last year announcing that the mining sector brought 45.69 billion CFA francs to the Niger Public Treasury in 2021, an increase of 66%.

Les Mining revenues in Niger are composed of “mining royalties, profits taxes, customs duties and other taxes and duties” according to the Itie report. Niger's extractive revenues represented 12% of total state revenues, 42% of exports and 8% of Gross Domestic Product (GDP) in 2021. However, the share of mines in extractive income fell slightly, from 37.8% in 2020 to 37.5%

in 2021.
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