Wednesday, July 22, 2026

We’re working to harvest, sell Osun’s gold around the world: Gov. Oyetola

The governor said the state will be known for the major supply of gold in Nigeria and around the world.

• September 5, 2021
Adegboyega-Oyetola
Former Governor Osun State, Adegboyega Oyetola (Photo Credit: @GboyegaOyetola)

The governor of Osun State, Adegboyega Oyetola, says that gold mining will assume the position of crude oil in the economy of the state shortly.

Mr Oyetola expressed optimism in Abuja on Sunday when he featured at the flagship interview session of the News Agency of Nigeria, known as “NAN Forum.”

He said that his administration was taking mining activities from artisanal to the corporate level, with the involvement of private sector players coming for exploration and export.

The governor said that apart from the current efforts of his administration to achieve mining sufficiency, Osun was a beneficiary of the presidential initiative on mining.

“Give us a few years to come, gold will be our oil in Osun State. Our state will be known for the major supply of gold in Nigeria and around the world.

“We are working with responsible miners. The two Canadian firms are doing pretty well and I believe that in no distant future we will be able to harvest a lot of our gold and refine them.

“I can talk about Badger Mines while the second one is still doing the MoU but the first one is already out there doing exploration and the result has been so far, so good.

“Don’t forget that we also have the Segilola Gold Project, which has established a refinery for gold in Osun State. It is a state government initiative too.

“We are also collaborating with the federal government on mining.

“Our state is one of the two states, along with Kebbi State, selected as pilot states for the Presidential Artisanal Gold Mining Development Initiative (PAGMI),” the governor boasted.

He added that the intention was to encourage the youths to go into mining by giving them skills and some support, instead of the usual diggers and other things they use as excavators.

“The problem I have with that is the question of remediation. They dig but they don’t remediate. That is not good enough. They end up destroying our environment.

“You don’t destroy the environment and leave it like that.

“The ground they are digging is supposed to be for farming. So, if you don’t remediate, over time you may have a serious issue of environmental degradation like you had in the Niger Delta in those days.

“In whatever partnership we are entering with the people, we take the issue of environment serious. We need responsible firms that will do remediation and not destroy our environment in the name of mining,” he said.

Osun State is known for large deposits of minerals, including gold, lead, zinc, quartz, feldspar and several precious metals.

(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

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.”

Kudirat Kekere-Ekun

NationWide

CJN seeks strong legal protection for maritime sector

Mrs Kekere-Ekun described maritime law as one of the principal pillars supporting global commerce.

Alcoholic beverages in sachet

NationWide

NAFDAC begins nationwide mop-up of banned sachet alcohol

The agency stated that the nationwide exercise underscored its commitment to protecting public health. 

Kano State House of Assembly

States

Kano assembly adopts bill to establish state electricity agency

The speaker said the bill would now be transmitted to the executive arm for assent.

Moses Orshio Adasu University, Makurdi (MOAUM)

States

Benue varsity ASUU suspends seven-week strike

ASUU-MOAUM commenced an indefinite strike on June 1 over unresolved welfare and governance issues. 

Olushola Yusuf

Anti-Corruption

Nigerian pharmacist Olushola Yusuf convicted of drug trafficking, flooding Florida community with 335,000 oxycodone pills

Ms Yusuf charged “extraordinary cash prices, served drug dealers and customers who travelled long distances, and put profit ahead of patients”.

three suspected cultists

Heading 2

Police nab three suspected cultists in Lagos

The command’s spokesperson said the suspects were arrested following credible information from members of the public.