According to them, there is a need for investors to explore opportunities in the mining sector, as a metric tonne of Gold is currently valued at $30million, adding that it is worth investing in the industry, especially as gold is a kind of commodity that does not easily lose its value.
Sekibo, who was represented by the Team Lead, Agric Finance and Export, Adelana Ogunjirin, explained that prior to now, local miners of Gold found it difficult to trade their commodities favourably, but with the involvement of Dukia and Heritage Bank, a Quality-and-Quantity test will be conducted based on agreement, and that will lead to additional value to the smallholder miners.
“In terms of value, gold is an area where you can enhance the value. You hardly see Gold losing value, and you see that in different exchanges you even trade those commodities. Also speaking, Managing Director, Nigeria Export-Import Bank, NEXIM, Abba Bello, revealed that the bank had gone into high level discussions with heavy equipment manufacturers and suppliers that would lease equipment to miners for exploration and processing, to make the equipment accessible and affordable.