“This initiative is of great pride to me because through our intervention we can reach hardworking Nigerians in the field, toiling and the quarries under the sun trying to earn an honest living.“We have been able to protect them from clutches of those who exploit their hard labor, while simultaneously bringing them into the value chain to earn improved income from their hard work.
The President said the Responsible Mining Framework that was presented would result in an effective and transparent gold supply chain and demonstrate efforts to combat money laundering, terrorist financing, human rights abuses, and respect for the environment.
The Executive Secretary /Chief Executive Officer of the Solid Mineral Development Fund, Hajiya Fatima Umaru Shinkafi during her briefing, requested the President to, among others, increase the capitalisation of the Fund in order to extend to other states requesting its intervention which will enable the committee meet up with its 5-ton target; order an intervention by the Central bank of Nigeria to minimise losses by artisanal miners as a result of foreign exchange differentials; declare a ban...
She added that the Responsible Mining Framework, presented by the Steering Committee meets international standard, and was produced in conjunction with other stakeholders like NEITI, EFCC and the Nigerian Customs Service.
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