FG Launches Gold Purchase Initiative to Deepen Economic Growth

The Federal Government on Thursday launched the Gold Purchase initiative to further open up the economy and take advantage of the nation’s numerous mining opportunities.

During the virtual launch of Gold Purchase under the Presidential Artisanal Gold Mining Initiative (PAGMI) held at the State House in Abuja earlier today, the governor of the Central Bank of Nigeria, Mr. Godwin Emefiele presents a dummy Cheque of 12.5kg LBMA Gold to Prof Ibrahim Gambari, the Chief of Staff, before President Muhammadu Buhari.

The apex bank, in a tweet, said: “#CBN Governor, Mr. Godwin Emefiele presents the dummy Cheque of 12.5kg LBMA Gold to the Chief of Staff, Prof Ibrahim Gambari before President Muhammadu Buhari during the virtual launch of Gold Purchase under the Presidential Artisanal Gold Mining Initiative (PAGMI) held at the Council Chambers, State House in Abuja on Thursday 16 July, 2020.”