Nigeria loses $5bn to gold smuggling in six years –FG - Punch Newspapers

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The Federal Government says Nigeria has lost $5bn to gold smuggling activities in six years.

He also charged PAGMI to intensify operations in the mining sector by ensuring that investments go beyond artisanal and small-scale levels. According to the President, all stakeholders should conclude the ongoing assignment of recommending a portion of accruals to be dedicated to the Solid Minerals Development Fund.

“We have been able to protect them from clutches of those who exploit their hard labour, while simultaneously bringing them into the value chain to earn improved income from their hard work. I expect a six-month progress report that will clearly show significant progress by scaling up the programme from its current pilot stage,” he said.

 

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Yet you positioned all the security operatives to checkmate bunkering in the Niger delta, while smugglers are left to operate with free wills because it's a northern resource backed by the criminals, hmmm and one old fool says the Niger delta oil belongs to Nigeria.

Federal government will not pay attention to this because it's from north rather all their attention is on oil from the south.

Who did the calculation? The smugglers? 😅😅😅

so dem get the statistics since good morning FG.

Lie! How did you know?

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