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Historically, Nigeria''s mining industry was monopolized by stateowned public corporations. This led to a decline in productivity in almost all mineral industries. The Obasanjo administration began a process of selling off governmentowned corporations to private investors in 1999.
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Gold deposits are found in Northern Nigeria, most prominently near Maru, Anka, Malele, Tsohon Birnin GwariKwaga, Gurmana, Bin Yauri, OkolomDogondaji, and Iperindo in Osun state it is not very dominant in the country.. Gold production began in 1913 and peaked in the 1930s. During the Second World War, production were abandoned by colonial companies, and production never recovered.
Gold can be found in reserves in different parts of Nigeria. You can invest in gold which comes in different forms such as gold bar, gold dust, gold ore and gold rock. Gold can be found in the following states Niger, Osun, Kebbi, Kaduna, Kogi, Kwara, Zamfara, Katsina, Kano and the FCT, Abuja. The gold deposits are mainly alluvial and are ...
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Sep 11, 2018· THE Nigerian mining sector is gradually becoming the toast of both local and foreign investors, going by the current reforms undertaken by the .
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