As part of effort to Foster the integration of gold mining in Nigeria, President Mohammadu Buhari in 2019 approved the Presidential Gold Mining Development Initiative (PAGMI). The policy is intended to create new and formalised mining jobs, fast track economic diversification, plug leakages and improve the nation’s foreign reserve among others. At a news conference in Abuja, the Minister of Mines and Steel Development, Olamilekan Adegbite said, giant strides have been recorded in the last one year. According to him, the nation is at the verge of rewriting history in a venture dominated by illegal artisanal mining resulting to the lost of about 97 Tones of gold valued at about 3billion dollars.
