ALAKE PRESENTS GOLD BARS TO TINUBU, SAYS SECTOR WILL BOOST NAIRA VALUE
The Minister of Solid Minerals Development, Dele Alake, has praised President Bola Ahmed Tinubu for backing reforms in the solid minerals sector.
He assured that the National Gold Purchase Programme would enhance the country’s reserves and strengthen the value of the naira.
The minister’s assurance was contained in a statement issued by his special assistant on media, Segun Tomori.
During the presentation of the latest gold bar sourced from artisanal and small-scale gold miners, refined by an agency under the ministry called the Solid Minerals Development Fund, Alake highlighted that the refined gold would be sold to the Central Bank of Nigeria (CBN) to bolster foreign reserves.
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