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Buhari has directed the Presidential Artisanal Gold Mining Development Initiative (PAGMI) to provide a six-month progress report on the Solid

President Muhammadu Buhari has directed the Presidential Artisanal Gold Mining Development Initiative (PAGMI) to provide a six-month progress report on the solid minerals development fund, designed to capture accruals from investments.

[/b]Between 2012 and 2018, five billion dollars in gold was illegally smuggled out of Nigeria.[b] President Muhammadu Buhari has directed the Presidential Artisanal Gold Mining Development Initiative (PAGMI) to provide a six-month progress report on the Solid Minerals Development Fund, designed to capture accruals from investments. He gave the directive, on Wednesday, at a briefing…

Punch Newspapers Sections Temiloluwa O’Peters The Chairman, Board of the Solid Minerals Development Fund, Uba Malami, has said the organisation will work with critical stakeholders on the development of limestone granules in Ebonyi State. Malami noted in a statement on Wednesday that the fund was already engaging the Presidential Fertilizer Initiative and the OCP of Morocco following the presidential approval of ‘a strategic investment fund for the SMDF to fast track the development of limestone granules in Ebonyi State.’ According to the board chairman, the need to work with PFI became...

In this interview, the Massachusetts Institute of Technology-trained executive and highly regarded geologist discusses the activities of his Board, stating that ‘the ability of the Board to work with relevant stakeholders to give the SMDF a world-class structure is a key goal that will pave thebway for greater realization of government’s set goals for the SMDF and the entire mining sector.’ Mr Malami, who is certified by the Council of Nigerian Mining Engineers and Geoscientists, says the SMDF is working with the Presidential Fertilizer Initiative (PFI) to sustainably exploit the abunda...