Gold Bars Mined In Zamfara, Presented To Buhari By Governor Bello At The State House Abuja

The Governor of Zamfara State, Dr. Bello Matawalle, was at the State House in Abuja to present gold bars mined in the state to President Muhammadu Buhari.

A media aide to the President Buhari, Bashir Ahmad, announced this in a social media statement on Tuesday.

This comes as the Presidential Artisanal Gold Mining Development Initiative (PAGMI) is set to boost artisanal gold mining in the state.

Naijapals reported that Nigeria had earlier mined, processed, and refined gold under the Presidential Artisanal Gold Mining Development Initiative, PAGMI. The first batch of PAGMI gold was unveiled at a presentation ceremony to President Buhari on July 16, 2020.

The Honourable Minister of Mines and Steel Development, Olamilekan Adegbite, said the gold produced is expected to become a part of Nigeria’s external reserve after being purchased by the Central Bank.

A tweet from the government disclosed that the briefing occurred at the state house in Abuja.

Quote

Yesterday, President Muhammadu Buhari received briefing from Governor Bello Matawalle of Zamfara State on Solid Minerals and Mining Potentials in Zamfara. After which the President was presented with some gold bars and precious stones at the State House, Abuja.

According to some Nigerians, they said is the real reason banditry is disturbing Some part of Nigeria.

“PAGMI will result in the creation of thousands of new mining and formalized jobs, leading to poverty alleviation for many households. Under the scheme, artisanal and small scale gold miners will earn more from higher productivity, better recovery rates through mechanization of operations, and better access to reliable geological information,” he said.

The Minister also told reporters in July that the government is working with a Canadian company to begin the export of Gold in Nigeria’s proven one million ounces of gold by next year, adding that data would have to be collected on the minerals Nigeria has in large quantities through an Aero Magnetic Survey, which is done through a plane flying low to observe mineral data.

Nigeria’s proven surveys have discovered large quantities of gold in Zamfara, Kebbi, Niger, Kaduna, Osun, Kwara, and the FCT.
The minister says Nigeria’s proven gold reserves could rise to over 200 million ounces and Nigeria plans to begin processing of local minerals next year.

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Posted: at 25-08-2020 11:08 PM (3 years ago) | Hero

These bars look beautiful. I'm wondering is this pamp suisse gold bars ? I recently bought this valuable asset, and gold in this sample seemed to me the most profitable.

Posted: at 22-02-2021 12:58 AM (3 years ago) | Newbie