Critical assesment of the fiscal incentives provided in the mineral and mining act of 2007
The mining sector has been identified as a priority sector to the nation’s diversification drive. The sector, no doubt, holds great potentials for substantial increase in national income and export. The mining sector has critical backward and forward linkages with other sectors: modern industrial activities revolve around minerals and metals. In recognition of the potentials of the mineral sector, the Nigerian government officially declared the year 2007 as Minerals and Mines Year (MAMY).