FG issues first gold refining licence says National Gold Reserve Scheme is working

 The federal government said it has established a Federal Gold Reserve Scheme, in its bid to diversifying the economy. Minister for , Sen. Udoma Udoma, said the move was part of the implementation of the Economic Recovery and Growth Plan (ERGP) with a view to strengthening the nation’s macro-economy. Disclosing this at the on-going National Economic Summit, He stated:, “As an outcome of the ERGP focus labs, we have also been able to accelerate the development of a National Gold Development Policy and the establishment of a Federal Gold Reserve…

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