The bill, sponsored by Senator Natasha Akpoti-Uduaghan , seeks a robust framework for the harnessing, exploitation and marketing of gold, which has about 600,000 metric tonnes of reserves in the country worth $45 billion.
'By adhering to international best practices in gold mining and trading, the Nigerian Gold Reserve Bill positions Nigeria as a reliable and responsible player in the global gold market, which will enhance our competitiveness on the international stage and strengthen investor confidence in our gold industry.
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