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FG to buy local gold with naira to shore up foreign reserves, says Alake

Awwal Owolabi 16 October 2025 0

Dele Alake, the minister of solid minerals development, says the national gold purchase programme (NGPP) will boost the country’s foreign reserves and strengthen the naira. Alake spoke on Wednesday in Abuja at the Nigeria gold day celebration, held on the sidelines of the 10th edition of the

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Make African minerals the fulcrum of industrial transformation — Alake

our reporters 6 October 2025 0

Dele Alake, Minister of Solid Minerals Development, has urged African nations to make mineral resources the foundation of industrial transformation on the continent. Delivering the keynote at the African Mining Week in Cape Town, South Africa, Alake said: “Africa’s minerals have powered industrialisation elsewhere while our own economies remain under-industrialized. “This

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