RE: MISLEADING CLAIMS REGARDING EXTORTION OF MOTORISTS BY LAGOS STATE TASKFORCE – YET-TO-BE-IDENTIFIED SECURITY OPERATIVES: ANOTHER CASE OF MISTAKEN IDENTITY. (PHOTO). #PRESS RELEASE.

Solid Minerals Development Minister, Dr. Dele Alake has commended President Bola Tinubu for supporting reforms in the solid minerals sector, assuring that the National Gold Purchase programme will increase the country’s reserve and boost the naira’s value.
Presenting the latest gold bar sourced from artisanal and small gold miners and refined by an agency of the Ministry, the Solid Minerals Development Fund (SMDF), to meet the London Bullion Market Association Good Delivery Standard recently, Alake said the refined gold would be sold to the Central Bank of Nigeria (CBN) to bolster foreign reserves.
Explaining to President Tinubu the significance of the event, Alake said it marked the first commercial transaction under the National Gold Purchase Program (NGPP), the centralised offtake scheme supported by a decentralised aggregation and production network of artisanal and small-scale miners and cooperatives.
More photos below.
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