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Nigeria: FG Inaugurates Gold Refinery Project

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Federal Government has commissioned the operation of Dukia Gold and Precious Metals Project.

During the virtual commissioning of the project today, the Vice President, Prof. Yemi Osinbajo said Nigeria has potential reserves of 200 million ounces of gold adding that Dukia Gold will create new opportunities for Nigeria .

He said The Dukia Gold & Precious Metals Refinery Project, championed by the High Commissions of Nigeria and Canada, has been seven years in the making and now ready to begin operations.

The Vice President said the Dukia Gold project will encourage the emergence of smaller-scale mining companies who, for the first time, would have a transparent and welcoming market for their mined gold and precious metals.

Earlier in his welcome remarks, Minister of State, Dr. Uchechukwu Ogah, said Nigeria is blessed with mineral resources waiting to be harnessed for economic development.

He commended the partnership between Dukia Gold and Heritage Bank and hoped it would serve as a success model for building strong private business.

The Managing Director of Dukia Gold, Bose Owolabi said the company will work with its refining partners and stakeholders to ensure that the project was fully implemented and met international standards.

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