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The Segilola gold project in Osun state, which aims to extract and manufacture gold ore, is anticipated to revolutionize the sector.

The Central Bank of Nigeria has lately been authorized by the Nigerian government to act as an off-taker, purchasing gold at market rates, and gold refineries have recently been granted licenses to produce the metal for export.

Recently, the Federal Government launched the Presidential Artisanal Gold Mining Initiative in collaboration with the Solid Mineral Development Fund.https://www.miningreview.com/gold/an-in-depth-look-at-the-current-state-of-mining-in-nigeria/