The rise of Nigeria's gold market
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- เผยแพร่เมื่อ 30 ก.ค. 2024
- As Nigeria looks to deepen its gold industry, the government has stepped up its cooperation with Dubai following President Buhari’s visit to Dubai earlier this year. However, the Environmental Law Institute says Nigeria does not have a well-developed large-scale mining sector, and the majority of gold mining in the country is carried out by artisanal and small-scale miners unlike countries like Ghana and Burkina Faso. Nere Teriba, Vice Chairman of Kian Smith Trade & Co joined CNBC Africa’s Esther Awoniyi for this discussion.
Nigerian women are taking the lead in making Nigeria and wedt africa a better place good job you smart beautiful lady
Its about time Nigeria and west Africa control its gold
Excellent comments.
Nigeria now producing Gold??? Wow West Africans are truly blessed! Africa's potential to develop is really limitless. Arise Africa, Arise!!!!
comrade RSA....
Where can I get some information on this topic? Apparently, Nigeria is awash with gold mines in the north being looted by individuals who cannot be held to account. Isn't that a part of the responsibility of the ministry of mines and power?
comrade RSA Incorruptible everything you just said is pure propaganda
Forward Nigeria forward
What a brilliant and thoughtful discussion! 'Nigeria could be the Dubai of Africa'. Wow!
Very knowledgeable and pragmatic woman. I hope the government see sense and go for the 1% royalty (which would potentially garnish 40% of the mining) as opposed to what little they are getting.
Nigeria ladies is so smart and brilliant
Very intelligent forward thinking, implementation and projections by two very intelligent leaders.
Nice Ladies with good discussions. Keep it up.
this is what we are.
Amankwaa beatrice osei Oosei ghana should come learn how conduct an interview not the wacks I see on joy tv...
If we were smart in Nigeria,intelligent people like Nere Teriba supposed to have been made a minister in my Nigeria.
Diezani was even more articulate and we know where that got us..
ross meroe abi criminal mindset but a chance was given to women to grow the economy but they flawed it ..
African Leaders stop d' corruption!!!!!!!!!!!!!! Corruption is destroying Africa.
Africans have gold & it's our foundation,but why can't we benefit more from our gold but always doing things anyhow????
Amankwaa beatrice osei Oosei guess you heard the interview
Enough is enough. Africans we are tired. Let keep our resources with much care. We have been duped & taken 4 granted 4 a longtime. I strongly hate 2 heàr , Africa is poor.
Why is the price of Gold vetted in London? They dont hv gold so y should they control the price?
Nigeria Control our gold and make it save. No corruption.
This is our future.
Beauties and brain
We come to far too turn around now Africa the future the gold is our ancestors, we need to put a lein own them cooperation and watch these foreigner runs like a wounded hyenas in Africa
It’s good to mine gold but also comes with a lot of destruction to the land.The small artisanal must be observed well because,they tend to pollute the water bodies.
We have intelligence like these two females and we are run by absolute jesters...good lord!
Didn't you vote in the jesters?
But then again, maybe you did't vote so that's why we have jesters rulling us 🤷🏿♂️😁
Verily a good Lord, these are supposed to be leaders
Ghana is not allowing the artisanal miners and we are number one in Africa and number six in the world.
We have also the alluvial gold which tend to be costly and is mined in rivers.This may pollute the water bodies.The Nigerian Government must quickly regulate it.
Sounds like Ecowas will likely become a country just like the EAC the (East African community) is in the process of drafting a constitution to become one country called the East African Federation and for good reason Ecowas will have to do the same or else it's not going to work so Nigeria will likely become a state and the current states will become county's and West Africa will have one currency one business language and one law but many cultures Africa is on the rise.
Afrika Plug no the ecowas is a enough we don’t want the block becoming one country... better this way so that can refine for all those other countries with huge gold deposits but no refineries for gold...
Chris Oghenetega Maloney It will not work long term not without us becoming a single country and In the grand scheme of things none of the west African countries can compete globally with giants like the U.S and China who happen to be around 11 times bigger than Nigeria. Without ecowas being a single country, our small countrys economy's will remain small and intentionally by the European design. Africa is 3 times bigger than the US but yet Nigeria as a country is just slightly larger than the state of Texas and that makes absolutely no sense and historically the downfall of Africa came due to our inability to unite and our enemies played on our lack of unity like drum and now its 2019 and you want to make the same mistakes sorry but your extremely wrong.
Afrika Plug there is no need to bcome one country.
We are good Nigeria doesn’t need the hassle that comes with our neighbors Our own hassles are bad enough
Women in India don’t even get dowry its the men that get dowry i mean she sure sounded smart about economics but had anyone that knew something that had seen this years ago they would have called her out
I will buy gold and diamonds for my self
Nigeria needs good leaders and not currpt ones, not Nigerian a only but the whole continent
I took the risk dealing with Luiz to be in charge of my trade and finally end up with perfect testimony.his platform is amazing and very straightforward.
+1.8.0.3.5.6.6.0.6.9.7.
Ecowas need to come to the table gold and set the right margins off proceeds from gold mining to gold production to gold marketing ...juat like the way India does it.
No portion of the.gold markets and VAT must be allowed to be set in London where gold is not mined or produced.
The young lady interviewed Nere has a vast knowledge on the gold economy and I hope the government will make her a strong adviser on how to get the most of our gold not only in Nigeria but in West Africa.
Scott Ola yes n her dad is a strong economist
Gold and silver are God's money. The world's economy reset of fiat currency is very imminent and Silver and Gold would worth roughly $10000 an ounce for gold and Silver $1000 per 1oz
Strange how most Nigerian newscasters have Ghanaian accent🇬🇭..ps:Dubai is not a country,it's UAE.
@@baahrealest you silly fool, none blacks say the same thing about ALL black africans.
Masa this is not Ghanaian English, I hope you are listening to English, this is pure Nigerian English. In Ghana what, is wat. Haha.
@@abrahamgiganshist1350 u butt hurt
Best institutions in Nigeria have over 90% Ghanaian tutors!
@@ndamieza2190 + Tufiakwa. Not true. Ghanaians can sure lie like Pinnochio. Wow.
Keep dreaming !!