Tag: GOLD
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World Athletics Under-20 Championships: FG to reward gold medalists with $5,000
The Minister of Youth and Sports Development, Sunday Dare, on Saturday announced cash rewards for Nigerian athletes who won medals at the ongoing World Athletics Under-20 Championships in Nairobi, Kenya. Toyin Ibitoye, Special Assistant (Multimedia) to the minister, disclosed this in a statement saying the cash rewards would see the athletes receiving 5,000 dollars for…
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Sports festival: Delta claims first gold; Oyo, Taraba readmitted
Delta State picked their first gold medal at the ongoing 20th National Sports Festival (NSF) tagged “Edo 2020” on Sunday, after winning in the 80km road race for women. TheNewsGuru.com, TNG, reports that Ese Ukpeseraye of Delta prevailed over 12 other cyclists to pick the first gold medal at the 20th NSF. Two sisters, Comfort…
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FG discovers gold deposits along Abuja-Nasarawa Highway
Gold deposits have been discovered along the Abuja, Nasarawa axis through the National Integrated Mineral Exploration Project being undertaken by the Federal Ministry of Mines and Steel Development. Minister of Mines and Steel Development, Olamilekan Adegbite, disclosed this while playing host to the Governor of Nasarawa State, Abdullahi Sule, in Abuja. The minister in a…
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BREAKING: FG signs gold production agreement with a $10 billion company in Egypt
The federal government has signed a gold production agreement with La Mancha, a Luxembourg-Incorporated Private Gold Development and Mining Company that has a market capital in excess of $10 billion. La Mancha signed the expression of interest agreement with the Ministry of Mines and Steel Development to invest in gold mining in Nigeria. The signing…
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Zamfara gold: Only a bastard won’t support resource control – Festus Keyamo
Minister of State for Labour and Employment, Festus Keyamo has said any Niger Delta son that does not support resource control and fiscal federalism is a bastard of the region. Keyamo made the statement on Tuesday as Governors of the South South and leaders of the region met to state their position on the sales…
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Zamfara gold: South South leaders drop 7 demands on FG
Leaders in the South South region of Nigeria have dropped 7 demands on the federal government. The leaders made the demands at a Presidential meeting held in Port Harcourt following the sales of gold by the Zamfara State government to the Central Bank of Nigeria (CBN). The Chief of Staff to President Muhammadu Buhari, Ambassador…
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FG stops South South Governors from meeting over Zamfara gold, Niger Delta oil
Leaders of the South South geopolitical zone have demanded public apology from the Federal Government over botched stakeholders meeting in Port Harcourt on Tuesday. Governors of the South South led by its Chairman and Governor of Delta, Senator Ifeanyi Okowa, who were in Port Harcourt for the meeting, had informed the stakeholders comprising traditional rulers,…
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‘Zamfara gold sales may hamper passage of PIB’
Financial expert, Mr Pedro Omontuemhen has argued that the sales of gold by the Zamfara State Government to the Central Bank of Nigeria (CBN) may hamper the passage of the Petroleum Industry Bill (PIB). TheNewsGuru.com (TNG) reports Omontuemhen expressed this fear on Monday at the Pre-Conference Workshop held ahead of the 38th Annual International Conference…
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Isoko group queries Zamfara gold deal with CBN
A flagship socio-political organization of the Isoko nation known as the Isoko Advancement Network (IAN) has warned that the inequalities in the handling of the exploitation of natural resources in Nigeria can trigger youth restiveness in the Niger Delta. The group expressed disappointment with the leadership of the National Assembly for blowing a muted trumpet…
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Wike rubbishes Zamfara gold comments ascribed to him
The Rivers State Government has rubbished comments ascribed to Governor Nyesom Wike in connection with the Central Bank of Nigeria (CBN) purchasing N5 billion worth of gold from the Zamfara State Government. TheNewsGuru.com (TNG) reports the Rivers State Government made this known via a statement released on Sunday by the Rivers State Commissioner for Information…