From Rashidat AbdulRahman, Minna
Niger State Government says it would prioritise Gold mining and sales in order to generate revenue for the state.
Governor Mohammed Umaru Bago stated this on Thursday at the groundbreaking of a gold market code-named “Mohammed Umaru Bago International Gold Market” sited within the Abdulkadir Abdullahi Kure Ultra Modern Market, Minna.
According to him, gold mining and sales was not appropriately coordinated to take advantage of the enormous potential of generating revenue for the state, hence his administration’s commitment to properly harness the mining sector for the all over good of the people.
He disclosed that the daily turnover for sales of gold in the market was on the average of N1.2 billion, however, the government was not benefitting from the huge sales hence the need to articulate the sales by re-organising the gold market.
The governor further stated that the decision to engage in the sector was aimed at registering and taking inventories of gold sellers to enable the government identify legitimate dealers.
He also said that the creation of the market will help in addressing illegal Gold mining in the state, adding that similar markets would subsequently be constructed in Bida, Kontagora, Suleja, and Borgu while Kuta and Kagara would come next.
Earlier, the Chairman, Chanchaga Local Government Area, Aminu Ladan , said the project when completed will boost economic activities in the state.
Ladan also said that it would pave way for new businesses to grow in the Kure Ultra Modern Market.
He disclosed that over 150 youth have already been engaged in the project.
In their separate remarks, the Chairman, of Al-Istiqama Integrated Services Ltd, Ibrahim Shaibu Dankaka and the Managing Director, Nasiru Sa’id Nasidi said the project was initiated to key into the “New Niger” agenda of Governor Umaru Bago.
They said that the company would construct two blocks of shops in the international gold market for gold sellers, a bank, and a restaurant, adding that youths were already engaged in the project.
The Voice reports that the multi-billion naira project is sponsored by Al-Istiqama Integrated Services Ltd in collaboration with the Niger State Government.