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The recent decision to locate a gold refinery in Lagos, far from the primary gold-producing states of Zamfara, Kebbi, Niger, Kaduna, and Katsina, is a missed opportunity for Northern Nigeria. Whether this is a government initiative or a private sector project, the fact remains: the North provides the raw gold, and it is only logical that the value addition and processing take place here.
Key Reasons Why a Northern Refinery Matters:
– Economic Growth & Job Creation: Establishing a refinery in the North will generate significant employment opportunities and stimulate local economies, empowering communities where the resources originate.
– Reduced Costs & Risks: Processing gold near its source minimizes transportation expenses, security concerns, and environmental impact, making the industry more sustainable and efficient.
– Equity & Precedent: Similar to how oil refineries are situated in the Niger Delta near oil fields, gold refining should be located in the North, ensuring fair distribution of national resources and infrastructure.
– International Best Practices: Leading mining nations such as Australia and Canada process minerals close to extraction sites, maximizing local benefits and value creation.
We call upon our esteemed Northern legislators, community leaders, and all stakeholders to advocate for a gold refinery within the North. Let us ensure that the wealth generated from our natural resources benefits our people directly.
Together, we can drive development, create jobs, and secure a prosperous future for Northern Nigeria.
SB E-news.
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