GHANA ORDERS FOREIGNERS TO EXIT GOLD MARKET BY APRIL 30.(PHOTO).

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 Ghana orders foreigners to exit gold market by April 30 Ghana has ordered foreigners to exit its gold trading market by the end of the month, a new government body said, as the West African country looks to streamline gold purchases from small-scale miners, increase earnings and reduce smuggling, Reuters reported. Africa's leading gold producer is shifting away from a system in which local and foreign companies with export licenses can buy and export gold from artisanal or small-scale mining. Under the new system, the newly created gold board known as GoldBod is the only entity allowed to buy, sell, assay and export artisanal gold, Monday's statement said, and older licenses have ceased to be valid. Foreigners must leave the local gold trading market by April 30 although they can apply "to buy or take-off gold directly from the GoldBod," the statement said. Finance minister Cassiel Ato Forson said in January that the creation of GoldBod would allow Ghana to benefit m...

HOW NIGERIA, POLAND CAN HAVE A WIN-WIN RELATIONSHIP, BY PRESIDENT BUHARI.(PHOTO).#PRESS RELEASE.



HOW NIGERIA, POLAND CAN HAVE A WIN-WIN RELATIONSHIP, BY PRESIDENT BUHARI


 
Nigeria and Poland on Tuesday in Abuja signed a Memorandum of Understanding (MOU) on Agriculture, while pledging their willingness to enlarge the fields of economic cooperation in the energy and manufacturing sectors.
 
The signing took place during the State Visit of President Andrezej Duda of Poland, the first by a Polish leader to Nigeria since the establishment of diplomatic relations between both countries in 1961.
 
Addressing a joint press conference with the visiting Head of State, President Buhari said Nigeria is gratified by the existing fruitful cooperation with Poland in the fields of maritime, education and defence.
 
On agriculture, which is one of the priority areas of the Nigerian government, the President said cooperation in this area will be a win-win for the two countries, especially in the context of global food insecurity occasioned by the conflict in Ukraine.
 
He noted that in view of the numerous global challenges, Nigeria would like to develop new mechanisms for cooperation including regular strategic dialogues and political consultations to cover not only bilateral relations but also to address regional and international issues.
 
ā€˜ā€˜Our cooperation in education has a long history and we wish to encourage the extension of that cooperation to the sharing of knowledge and experience between our educational institutions in areas such as science and technology as well as Information and Communication Technology, in order to help drive innovation in our countries in this competitive global knowledge economy,’’ the Nigerian leader said.
 
Describing the two-day visit of the Polish President as significant, underscoring the cordial relations that exist between both countries, President Buhari commended the efforts of the Government of Poland in providing assistance to the large number of refugees fleeing the conflict in Ukraine, including a significant number of Nigerians.
 
ā€˜ā€˜I also wish to express our sincere gratitude for the kind and generous support extended during our government’s evacuation of our fleeing nationals.
 
ā€˜ā€˜We also appreciate greatly the opportunity given to some of our nationals to remain in Poland to continue with their studies.
 
ā€˜ā€˜As regards trade relations, we would like to see an increase in the level of trade, as it remains relatively low in spite of the long period of relations between our two countries,’’ he said.
 
The Nigerian leader welcomed the hosting of a Dialogue that will bring together various members of the business sectors of Nigeria and Poland, during the State Visit, adding that it is an excellent initiative to increase the level of trade between both countries.
 
Duda said Nigeria was the only African country Poland has signed an agreement of strategic dialogue with, which includes the MoU on agriculture cooperation.  

ā€˜ā€˜What was pivotal in our conversation today both in our tete-a-tete as well as the plenary session was how to provide food and energy security.

ā€˜ā€˜It is important to us to strengthen the relations between Poland and Nigeria and the MOU we have signed is very important for the future of both nations on food security,’’ the Polish president said through an interpreter.

On energy security, he lauded the delivery of liquefied natural gas to Poland from Nigeria, as well as shipments of crude oil.

ā€˜ā€˜We want to further this cooperation and we want to increase the supplies from Nigeria to Poland and by this way we want to contribute to the development of economic cooperation between the two countries,’’ he said.
 
President Duda noted that Nigeria and Poland have enjoyed excellent bilateral relations in the last 60 years, buoyed at the people-to-people level with the presence of many Nigerians at Polish higher institutions of learning as well as the input of Polish engineers and scientists in the building of infrastructure in Nigeria.
 
Femi Adesina
Special Adviser to the President
(Media & Publicity)
September 6, 2022


 

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