Section 63 Nigeria Tax Administration Act 2025

Section 63 of the Nigeria Tax Administration Act 2025 is about Revocation of petroleum or mining licence or lease. It provides as follows:

Where any petroleum or mineral royalty or tax due and payable by any company engaged in petroleum or mining operations under this Act, is unpaid after a demand notice has been issued to the company, the Service shall notify the Commission or the relevant ministry or agency of such default for the revocation of the licence or lease under the relevant law.