Nigeria: Going for Gold

3 August 2020
editorial

The presidential artisanal gold mining initiative could help Nigeria build a profitable gold market

In 2019, the federal government launched the Presidential Artisanal Gold Mining Development Initiative (PAGMI) as a comprehensive plan to develop artisanal gold mining practices in Nigeria. Initiated to formalise and integrate the sector into the economy, PAGMI sought to provide legal and institutional framework for the practice to flourish and thus benefit the state and individual practitioners. On a broader scheme, PAGMI will address the structural factors which made it difficult for artisanal gold miners in the country to practice their trade in a legitimate manner.

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