Friday, October 9, 2026

Nigeria begins processing of raw gold, other gemstones: Minister 

He said six plants were being set up in the various regions to process mineral resources deposited in those regions.

• November 27, 2022
A composite of The Minister of Mines and Steel Development, Olamilekan Adegbite and raw gold
A composite of the Minister of Mines and Steel Development, Olamilekan Adegbite and raw gold

Nigeria has begun the process of refining gold, gemstones, and other mineral resources in the six geo-political regions of Nigeria.

The Minister of Mines and Steel Development,  Olamilekan Adegbite, said this when he appeared on the News Agency of Nigeria (NAN) Forum in Abuja.

According to him, adding value to the country’s mineral resources will go a long way in creating jobs and wealth for Nigerians.

He said six plants were being set up in the various regions to process mineral resources deposited in those regions.

“We have set out to do six regional projects, and one of them is the gold souk in Kano, the North-West region.

“Before now, our gold was being exported in its raw form for nothing to the foreign counter for processing, and we ended up buying them expensively.

“We have trained people who will make jewellery, and they will be residents in the plant,” he said.

He said similar plants had been set up in the North-East, Bauchi for processing kaolin, while the North-Central Kogi State was chosen to establish a gold smelting plant.

Mr Adegbite also said in the South-West, in Ibadan, a gemstone plant had been established, while in the South-East, a lead processing plant was established in Ebonyi.

The minister said in the South-South region, a baryte processing plant had been established, adding that “Nigeria imports baryte to the tune of 300 million dollars every year.

He said the six regional projects were at an advanced completion stage and would be commissioned soon.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

PETER MBAH

Heading 2

Enugu secures $200 million solar investment to boost electricity supply

Mr Mbah pledged the state government’s support in removing institutional bottlenecks that could delay the project.

Heading 5

FAAN announces temporary closure of Owerri airport runway for repairs

According to Mr Agbebire, the closure was tentatively scheduled to last about 25 days.

Nigeria Centre for Disease Control and Prevention

Health

Lassa Fever: Nigeria records 1,115 cases, 263 deaths in 24 states

The agency urged healthcare workers and the public to maintain appropriate preventive measures.

police

Heading 2

Police nab 47 suspects for thuggery, drug peddling in Kano

Mr Haruna-Kiyawa stated that large quantities of illicit substances and dangerous weapons were recovered from the suspects.

Rotimi Amaechi

Heading 5

Number of votes Tinubu gets in 2027 will show number of mad people in Nigeria: Rotimi Amaechi

Mr Amaechi had recently blamed the economic hardship under Mr Tinubu for the deaths of many Nigerians, including his mother.