• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, December 30, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Minister urges investors to build gold smelting plants

Gold

The Matters Press by The Matters Press
February 26, 2022
Reading Time: 2 mins read
0
Kano state’s gold souk to be completed 2022

The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, has called on mining investors to replicate the construction of Gold Smelting Plant in Mopa, Moro Local Government Area in Kogi.

RELATED POSTS

TDF welcomes joint US/Nigeria operations against terrorists in Sokoto

Tinubu building a more modern, combat -ready military – IMPI ‎

Tinubu’s defence spending not shrouded in secrecy – IMPI

Adegbite, made this known in a statement issued by the Director, Press and Public Relations of the ministry, Mrs Etore Thomas, on Friday in Abuja.

The minister who visited the gold smelting plant urged investors to borrow a leaf from what the Federal Government had done in Mopa and build gold processing plant in other gold bearing communities.

He said that the gold plant was a pilot project located in Kogi due to gold deposits in the vicinity and meant to provide services to catchment areas within its location.

“This processing plant project is sited in Mopa, Moro Local Government Area of Kogi because we found gold in this neighborhood,” he said.

The minister advised the Artisanal and Small Scale Miners (ASM) in the area to take advantage of the plant by taking their gold to the facility for proper processing.

He also encouraged investors to take advantage of the opportunities available in other states with gold deposits and build smelting plant which would be of great benefit to them, the host communities and Nigeria at large.

“The Gold Smelting plant in Mopa is government’s demonstration of safer method of gold smelting that is environmentally friendly as it complies with global standard,” he said.

He advised that water used for processing gold should be channeled properly to avoid polluting the water body of the environment.

The minister assured Nigerians that gold mined in the country would be processed locally.

“We want to process locally, we want to create industries around our minerals and avoid the mistake Nigeria made in crude oil where we export raw crude and import refined product.

“We want to utilise our own gold locally for the benefit of Nigeria so that we do not export jobs and at the end of the day, the value stays here, the job stays here and the money stays here,” he said.

The Permanent Secretary, Ministry of Mines and Steel Development, Dr Oluwatoyin Akinlade, said the Post-COVID six regional projects established in the geopolitical zones would stimulate activities in the sector.

Akinlade said it would also create wealth for Nigerians and at the same time generate revenue for the government, adding that the Mopa processing plant would be of great benefits to Nigeria at large.

Tags: Gold
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Gombe: Troops take over to enforce peace
News

TDF welcomes joint US/Nigeria operations against terrorists in Sokoto

December 27, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
News

Tinubu building a more modern, combat -ready military – IMPI ‎

December 22, 2025
Fishermen hail army over retake of Baga
News

Tinubu’s defence spending not shrouded in secrecy – IMPI

December 22, 2025
NBS reports increase in Inflation
Economy/Technology

‎IMPI Hinges 14% Year-End Inflation Forecast on Deep Analysis of Tinubu Reforms

December 18, 2025
Gombe: Troops take over to enforce peace
News

Rescue of 100 abducted students shows Tinubu’s proven commitment to national security – TMSG

December 11, 2025
Nigerians kick against re-opening of schools as COVID-19 bites harder
Economy/Technology

Disbursement of N4.7b TVET stipends, way to go in skill acquisition – TMV

December 11, 2025
Next Post
Trading in Nigerian stock market dips further N83bn

Equities market gains N30bn on NGX

Maritime sector critical to economic growth — Shippers

Maritime security trust fund underway

Recommended Stories

Pace of work on Lekki Deep Seaport excites minister

ANLCA seeks freight forwarders’ village at Lekki Deep Seaport

August 24, 2022
Tinubu’s New Year message touches economy, credit company

Tinubu’s New Year message touches economy, credit company

January 1, 2025
Trading in Nigerian stock market dips further N83bn

Stock market records losses, capitalisation down by N20bn

July 5, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • TDF welcomes joint US/Nigeria operations against terrorists in Sokoto
  • Tinubu building a more modern, combat -ready military – IMPI ‎
  • Tinubu’s defence spending not shrouded in secrecy – IMPI

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us