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...
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PMB APPOINTS SEGUN AWOLOWO AS SECRETARY, NATIONAL ACTION COMMITTEE ON AFCFTA.(PHOTO).#PRESS RELEASE.

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 PRESIDENT BUHARI APPOINTS SEGUN AWOLOWO AS SECRETARY, NATIONAL ACTION COMMITTEE ON AFCFTA


President Muhammadu Buhari has approved the appointment of Mr. Olusegun Awolowo as the Secretary, National Action Committee on the African Continental Free Trade Area (AfCFTA) for a tenure of four (4) years with effect from 19th December, 2022.


As Secretary, Mr Awolowo is expected to provide direction to the National Action Committee on the AfCFTA for effective coordination of relevant stakeholders towards the attainment of Nigeria's strategic national interest.


Mr Awolowo, a Law graduate from Ogun State University (now Olabisi Onabanjo University), Ago Iwoye, has served as Special Assistant to former Presidents Olusegun Obasanjo and the late Umaru Musa Yar’Adua. He also worked with the Federal Capital Territory Administration (FCTA), Abuja as Secretary for Social Development and Transport from 2007 to 2011.


Mr Awolowo was the Executive Director/CEO of the Nigerian Export Promotion Council between 2013 and 2022, serving two tenures.


 


Femi Adesina


Special Adviser to the President


(Media & Publicity)


January 31, 2023

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