Gov. Bello Matawalle of Zamfara says that his administration has entered into a N5 billion gold supply deal with the Central Bank of Nigeria .
He said that the state government would, at an agreed time during the year, supply the gold equivalent of the amount. “At the moment, we have commenced our gold reserve with this 31 kilogramme of pure gold and I have presented the sample of the commodity to the president.“This is the first of time, in the history of our country, that a state will discover its internal potential in gold and channel it in developing the economy of the state,” Matawalle noted.He said that the state’s gold reserve would be deposited in an undisclosed designated place, which could be utilised in times of need.
“In gold however, we expect better and higher returns than in other stocks because there is higher multiplier effect in gold and it will enhance the gains of our local miners towards the attainment of the Zamfara of our dream,” he said.
AjuriNgelale Am pissed off. As a Rivers man, you are happy twitting this. Let me ask has any governor from the Niger Delta or any Ogoni community sold one barrel of crude to NNPC or federal government agency? PMB gold mining program is fraud against the Niger Deltans. AjuriSelloutJournalist
Finally the truth about the zamfara Bandits is coming out Gold ok as an Igbo man we go invest.
Wow good move. Gold from Zamfara is for Zamfara, whereas oil and gas from my land is for the entire country. We must end this union. EndNigeriaNow
When will nigerdelta enter 10trillion naira deal with NNPC for crude supply?
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