Kano Gold Souk Will Be Finished This Year

Kano Gold Souk Will Be Finished This Year
Kano Gold Souk Will Be Finished This Year

Olamilekan Adegbite, the Minister of Mines and Steel Development, has stated that the Kano Gold Souk will be completed by the end of 2022.



He said this on Tuesday in Kano, while inspecting the Gold Souk’s construction.



This was stated in a press release issued by the ministry on Wednesday titled ‘FG to complete Kano Gold Souk this year.’



“The Buhari Administration has assured that the ongoing Kano Gold Souk will be completed before the end of the year 2022,” according to the statement.



“The establishment of a Gold Souk in Kano is part of the current administration’s efforts to establish strategic Artisanal and Small-Scale Mining Clusters in each of the country’s six geopolitical zones to harness the potential of the country,” it added.



The Gold Souk is being built in Kano State’s Kumbotso Local Government Area, and it will take four months to complete.



“We want our gold in Nigeria to be enhanced here,” the Minister was quoted as saying. “We add value, create jobs for our people, and generate revenue for the government.”

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“It is critical that we add value to our gold rather than extracting it in its raw form; we will create jewelries such as bangles, wristwatches, necklaces, and so on, and then people will know that there is a Souk in Nigeria where they can visit and buy just like in other parts of the world.”



Dr. Oluwatoyin, the Permanent Secretary in the Ministry, accompanied the minister on the inspection.