Nigeria will become West Africa’s gold-producing hub –FG

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Nigeria is on its way to becoming a major gold-producing hub in the West African region, the Federal Government declared on Monday.

According to the government, this would diversify the country’s revenue base from crude oil and create jobs for its teeming youthful population.

“The exploration firm is projected to start producing in the first half of next year. The project is expected to create about 400 direct jobs and 1,000 indirect jobs.” Adegbite also stated that that the mines ministry had initiated a process that would lead to local capacity development in the production of barite.

He stated that the technical audit of the plant would be done as soon as the flight restrictions were over.

 

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