The Federal Government, Tuesday, inaugurated Nigeria’s first Gold and precious Metals Refining Conglomerate, an operation of Dukia Gold a Precious Metals Raw Materials Buying Program in collaboration with Heritage Bank. According Osinbajo, the Dukia Gold & Precious Metals Refinery Project, championed by the High Commissions of Nigeria and Canada, has been seven years in the making. He said: “It is said that Nigeria has potential reserves of 200 million ounces of gold and the launch of this expansive project, Dukia Gold, creates new opportunities for us to mine these reserves properly, trade responsibly and refine locally. “Within this project, we are also commissioning the nationwide Dukia-Heritage Bank Gold and Precious Metals Buying Centres – part of valuable private sector collaboration. This provides a sustainable way for Nigerians to exchange their gold jewellery and other precious items for cash.

Source: The Guardian June 10, 2020 03:56 UTC