Dr Ochechukwu Ogah, Minister of State, Ministry of Mines and Steel Development says the ministry recorded 1,562,720 grams of Gold production from 2016 to 2020.
He said that the ministry recorded 30,112.24 grams of gold production in 2016 with 17,458.22 grams in 2017 and 64,000.05 grams in 2018. He also explained that Nigeria’s gold reserve was estimated to be over a million ounces in Osun where detailed exploration and reserves checks were done.He said that the impact of COVID-19 was most felt by both small and big mining operators, adding that mining and quarry companies were unable to produce and sell mineral commodities to generate income among others.
Mrs Halimat Adediran, Chairman, Bwari branch of the Society said that coal was one of the major sources of power generation in South Africa adding that Nigeria had high-quality coal that could be tapped for power generation.
what translation to our national revenue
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