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    Kapital FM 92.9 The Station that Rocks!

Acquisition

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Economy

FG To Strengthen Foreign Reserves Through Gold Acquisition Prog

The federal government has reaffirmed its commitment to strengthening Nigeria’s foreign reserves through an innovative gold acquisition program that eliminates the need for dollar sourcing. Minister of Solid Minerals Development, Dr. Oladele Alake, stated this at the ongoing 10th edition of the Nigeria Mining Week in Abuja. According to Dr. Alake, the program—which began in August and is being driven by the Solid Minerals Development Fund (SMDF) is designed to […]

todayOctober 15, 2025