Where is gold found in Nigeria

Where is gold found in Nigeria

Gold is a precious metal. It is the 3rd most valued after platinum and palladium. Can Nigeria boast the extraction of this mineral resource? Where is gold found in Nigeria? Read to find out all the answers.

Nigerian gold

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Gold mining in Nigeria

Gold mining started in Nigeria back in 1913. Unfortunately, by the beginning of 1930, the process of precious metal mining began to decrease, and at the beginning of World War II, gold production was zero. The process resumed in the 1960s, but rapid development did not happen. The Civil war in Nigeria interfered.

The 1980s marked the rebirth of precious metal mining. It was done by a Nigerian Mining Corporation (NMC). But this period did not last long, because government bodies poorly funded the company.

In general, mining in Nigeria did not develop much due to the indifference of the government authorities. It was since all the forces and funding went to the development of the oil industry in 1956. Today, oil is the most sought-after product in Nigeria.

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So, where can gold be found in Nigeria? How many states in the country are rich in this precious mineral?

Gold mining in Nigeria

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States where gold is found in Nigeria

Gold is a natural resource deposit which is mostly found in Iperindo in Osun State and other areas near Maru particularly Gurmana, Tsohon Birnin Gwari-Kwaga, Malele, Anka, Okolom-Dogondaji, and Bin Yauri.

Other Nigerian states that also have gold resource deposits are, Abuja, Abia, Bauchi, Cross River, Edo, Osun, Niger, Sokoto, Kebbi, Oyo State, Kogi, Zamfara, and Kaduna.

The biggest problem in the development of the gold industry is the lack of information on the location of the precious metal. Also, the government does not have all the necessary data on the current gold mining by small companies. Since individuals do not keep honest record of the mined mineral, the result and value of the metal are minimized. The government still has a lot of work on licensing and accounting for gold production.

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Gold production

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Gold is a precious metal that is highly valued throughout the world. However, gold mining in Nigeria today is not as developed as the oil industry. Government authorities should pay attention to the activities of small mining companies to improve the quantity and quality of mined gold.

READ ALSO: See place where Nigerians mine gold illegally (photos)

Source: Legit.ng

Authors:
Adrianna Simwa avatar

Adrianna Simwa (Lifestyle writer) Adrianna Simwa is a content writer at Legit.ng where she has worked since mid-2022. She has written for many periodicals on a variety of subjects, including news, celebrities, and lifestyle, for more than three years. She has worked for The Hoth, The Standard Group and Triple P Media. Adrianna graduated from Nairobi University with a Bachelor of Fine Arts (BFA) in 2020. In 2023, Simwa finished the AFP course on Digital Investigation Techniques. You can reach her through her email: adriannasimwa@gmail.com