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Published On: Wed, Oct 7th, 2020

Zamfara purchases 31kg of gold to end firearms-for-gold businesses

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From Ibrahim Sidi Muh’d, Gusau

Zamfara State Governor Bello Muhammad Matawalle has announced the purchase of 31 kilogram of refined gold by his administration with a view to sanitize mining activities, sales and purchasing transactions for the social and economic wellbeing of both artisanal miners and the people of the state.
Governor Matawalle announced that, his administration will continue patronizing artisanal miners as the development will also stem the influx of illegal aliens who sponsor illegal mining activities and reduce the export of the commodity who use the proceeds of their exports to buy weapons with which trouble is fomented in some parts of the state.
Displaying the golds during international press conference today (Tuesday), Governor Matawalle, said his administration has embarked on such a strategic decision to diversify the state economy which by extension will support the nation’s economy to achieve policies surrounding job creations and to improve reserve.
“For a start, we have purchased 31 kilogrammes of gold, wholly mined and refined by our artisanal miners. We will subsequently continue to buy gold from our local miners so as to gradually improve the reserve, and that Zamfara has been blessed with high concentration of gold and other mineral resources enough to improve even the nation’s economy.
“The precious metal would be deposited in a bank for more safety, even though our state like other states of the
federation is grappling with competing demands
from the public and the resources at our disposal are meagre, we feel it is of utmost
significance to invest in the future of our people.
“The establishment of the gold reserve, therefore, is part of the relentless efforts by my
administration to diversify the state’s economy by exploring all potentials of the state and maximally utilizing them for the benefit of both the present and future generations”, Matawalle has assured.
The gold reserve programme according to the Governor, his administration would no doubt have numerous multiplier effects both in the short and the long run. Among other things, it will empower our artisanal miners who are often shortchanged by the merchants who sponsor their operations.

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