The Minister of Solid Minerals Development, Dele Alake, on Sunday, announced that the first commercial transaction from Nigerian gold bars has resulted in a substantial increase of over $5 million in Nigeria’s foreign reserves assets.
Mr Alake disclosed this in a statement posted on his X handle on Sunday.
The minister explained that he recently presented the first batch of gold bars under the National Gold Purchase Program (NGPP) to President Bola Tinubu.