Section 89
Section 89 of 206•Federal Republic of Nigeria
(1) All production of petroleum, including production tests shall be Petroleum
royalty
subject to royalties as provided in the Seventh Schedule to this Act.
Seventh
Schedule
(2) The Service shall be the relevant tax authority for the administration of the Seventh
royalty imposed under this Part, and the Seventh Schedule to this Act. Schedule
PART II - PETROLEUM PROFITS TAX
IMPOSITION OF TAX AND ASCERTAINMENT OF CHARGEABLE PROFITS, ASCERTAIN-
MENT OF ASSESSABLE TAX AND OF CHARGEABLE TAX
Cite this section
Section 89, NIGERIA TAX ACT, 2025.
https://repo.podus.ai/laws/nigeria-tax-act/section/89/