Association seeks deal with FCT to establish gold centre

Precious Metal Gold Processors and Exporters Association of Nigeria is seeking to partner with the Federal Capital Territory Administration to establish a gold buying centre in Abuja.
The group’s national chairman, Muhammed Ahmed Masud, led a delegation to FCT Minister of State, Dr Ramatu Tijjani Aliyu, on the issue.
The establishment of the centre, he said, would serve as the next gold trading hub attracting investors from other parts of the globe, in the same manner as the gold buying centre of Dubai Gold Souk in the United Arab Emirates.
Masud noted that the establishment of the centre in Abuja would further create the enabling environment to operate in line with the federal government policies on diversification of the economy to non-oil sector particularly gold mining, processing and exporting.
“The establishment of the Nigerian gold buying centre will no doubt generate more revenue, boost sustainable economic growth, increase investors traffic and create job opportunities for the country,” he said.
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