ProfAmaben:


I'm pretty sure you don't know the meaning of ranting. I only proposed a different view of the subject matter.

It's cute you know the meaning of ranting and you "only proposed a different view of the subject matter".
That's why you carefully wrote the below:
"these guys are DELUSIONAL and formulate all sorts of CHEAP LIES to deceive Nigerians"

ProfAmaben:

I don't dispute that fact, we have gold in large amounts but no one truly knows "how much". When someone says 200 million ounces, it means a recent geological survey has been conducted and the amount has been well estimated. How can a nation be so rich and don't know how to harness it's wealth? We have loads of unemployed people that can be put to use. Nigeria can partner with a reputable company that's well versed in gold mining and do proper mineral exploration and start harnessing it's resources judiciously.

The problem is, the smart ones don't have connection to get into these positions. And it's not like Nigerian government conducts fair recruitment exercises anyways. Even loan requires you know somebody.

SpecialAgent:


The problem is, the smart ones don't have connection to get into these positions. And it's not like Nigerian government conducts fair recruitment exercises anyways. Even loan requires you know somebody.

It is a pitiable situation. Even lecturing jobs these days require connection.

o its now that you have decided to build your gold reserves when other countries have been doing that ages ago in preparation for the global economic downfall you see yourselves well its a little to late Mr president other countries have solid gold reserves to position their nation in better standing after the global economic collapse. when china was illegally mining Nigeria's gold what do you think they were preparing for? since you guys dont have economic foresight for valuable precious metals they decided to do it for you useless bunch of people

1 ounce of his le = 23. Grams


Only 5+ million kgs if good

Any way I wish to tap in

ProfAmaben:

I don't dispute that fact, we have gold in large amounts but no one truly knows "how much". When someone says 200 million ounces, it means a recent geological survey has been conducted and the amount has been well estimated. How can a nation be so rich and don't know how to harness it's wealth? We have loads of unemployed people that can be put to use. Nigeria can partner with a reputable company that's well versed in gold mining and do proper mineral exploration and start harnessing it's resources judiciously.

Going by publicised Nigerian data/statistics, you would be right. But there's GIS and other satellite techniques nowadays... They make valuation/assessment of mineral deposits a lot easier and remotely doable. I even learnt that Australia and China have their own in space already so I wont be surprised if these countries already know what we have here and he (Prof. Osibanjo) may be speaking from being privy to that knowledge. Especially with the influx of chinese nationals into places like Osun state and co this time... There may something these guys know that the rest of the populace dont.

chaloskyx:
o its now that you have decided to build your gold reserves when other countries have been doing that ages ago in preparation for the global economic downfall you see yourselves well its a little to late Mr president other countries have solid gold reserves to position their nation in better standing after the global economic collapse. when china was illegally mining Nigeria's gold what do you think they were preparing for? since you guys dont have economic foresight for valuable precious metals they decided to do it for you useless bunch of people

You know what they say now... the best time to plant trees was twenty years ago, the second best time to plant it is now...

ModestGal:
This is a very bad development if we do not have companies that would be making some nice jewelries and other products out of those gold. Because selling to these whites people, they gonna come back to sell the jeweleries to us double the price. Also if we have both companies mining and making jewelries out if it, that would be using one stone to kill to birds as we would provide more jobs for the youths and sell out to other countries as well.

Stop selling our natural resources and buying it back triple the size

Well... as much as I agree otally with you.. I think this is till some progress.. when compared to the former method where the raw ore is often bought for cheap and taken offshore for procesing/refining... It would have been better though...if the government can put up a policy that mandates the refineries to invest some portion of their profits in higher level stages of the value chain within the cout nry.

tamdun:

Very easy to refine

You're right..its just undergaraduate level mineral processing/extractive metallurgy

ProfAmaben:
Do you know the meaning of 200 million ounces of gold reserve? Mr Vice president?

A ounce of gold according to (Forbes, 2019) is worth over $40,000. Our VP is telling us that we have over $1,788 * 200,000,000 buried underneath the Earth crust, with the last mineral geological survey being conducted in the 1950s during the colonial era.

I don't do partisan politics but these guys are delusional and formulate all sorts of cheap lies to deceive Nigerians.

The report is wrong and if is not the fault of the VP, more that of our so called correspondents. Nigeria has 21.50 tonnes of certified gold reserves. The real figure may be somewhat higher as the estimates are based on shallow surface reserves. At 32,000 ounces in the ton -this at your prices represents $27,520,000,000 which is not an amount to be sneezed at.

Nice one

kafeii123:


Going by publicised Nigerian data/statistics, you would be right. But there's GIS and other satellite techniques nowadays... They make valuation/assessment of mineral deposits a lot easier and remotely doable. I even learnt that Australia and China have their own in space already so I wont be surprised if these countries already know what we have here and he (Prof. Osibanjo) may be speaking from being privy to that knowledge. Especially with the influx of chinese nationals into places like Osun state and co this time... There may something these guys know that the rest of the populace dont.

Well, I happen to be a GIS and remote sensing expert and NASRDA which is the agency in charge of space research doesn't have the data. OSGOF and NGS possess 1950's dated mineral maps. I learn everyday and I would be glad if I'm proved wrong.

Australia and China cannot take such surveys without the consent of Nigeria and it would be a laborious effort as hyperspectral satellite imageries can be very expensive and tedious to analyse and nobody would do that without heavy pay.

The vice president is wrong in his analysis.

ProfAmaben:


Well, I happen to be a GIS and remote sensing expert and NASRDA which is the agency in charge of space research doesn't have the data. OSGOF and NGS possess 1950's dated mineral maps. I learn everyday and I would be glad if I'm proved wrong.

Australia and China cannot take such surveys without the consent of Nigeria and it would be a laborious effort as hyperspectral satellite imageries can be very expensive and tedious to analyse and nobody would do that without heavy pay.

The vice president is wrong in his analysis.

Please lets forget NARSDA in the scheme pf things for now... much as those guys are working.... I dont think Federal Character and the other ills of management in Nigerian public institutuions ..will make the place reach the enviable heights it could play at as a regional centre of excellence ...especially for Western Africa.

But there's record of some illegal mineral mapping by some foreign nationals down in Nigeria....especially the chinese.... For a chinese country to buy up almost an entire village in osun from the traditional ruler.... while our Geological/mineral maps only show gold along the osun river...you can be sure they are up to something....

and of course you're right on the illegality of space mapping on foreign territory....even though I wont put it as something some the asian tiger cannot do. Lets hope we get things roght soon though.

Well done sir... how's research?

Yankee101:
Thank you Goodluck for good policies

You just dey hit the nail on the head. Na GEJ start the project



He disclosed that the Dukia Gold and Precious Metals Project has been under construction for 7 years and it was his pleasure to see that the project is ready to start operations.

TheRareGem1:


It is crystal clear the position of the VP Osinbajo regarding our development as a nation. He is always hell-bent on ensuring the economy bounce back both during and post covid amidst oil price crash. The ESC report is another point of reference, the master plan will ensure a sustainable economic blueprint to realise economic recovery growth and plan goal.

Honestly, Buhari is very lucky that each time he messed this our economy up, VP Osinbajo is always there to put it back again and the 'slow' President is stll ungrateful and always try to rubbish the man!

When he was ill, it was Osinbajo that took charge and steadied the Ship
When he had problems with Niger Delta Millitants and was even afraid to go there, it was the same Osinbajo that stepped-in and calmed frayed nerves and built trust with the Militants and the Crude Oil was allowed to flow again

The only thing Buhari is good at is putting Northerners in all the federal appointments, encouraging terrorist, Fulani herdsmen to keep slaughtering local indigenes and stealing their land and looting Southern Nigeria resources and using it to develop the North.

Even when Buhari pltted his Coup in 1983, it was another Yoruba Soldier, Tunde Idiagbon that was the engine room of that short-lived administration, the only thing Buhari did was to lockup Southern Politicians in JAIL and just put the Northern ones under House Arrest.
Bloody tribalist Bigot and nepotisitic leader.

kafeii123:


Please lets forget NARSDA in the scheme pf things for now... much as those guys are working.... I dont think Federal Character and the other ills of management in Nigerian public institutuions ..will make the place reach the enviable heights it could play at as a regional centre of excellence ...especially for Western Africa.

But there's record of some illegal mineral mapping by some foreign nationals down in Nigeria....especially the chinese.... For a chinese country to buy up almost an entire village in osun from the traditional ruler.... while our Geological/mineral maps only show gold along the osun river...you can be sure they are up to something....

and of course you're right on the illegality of space mapping on foreign territory....even though I wont put it as something some the asian tiger cannot do. Lets hope we get things roght soon though.

Well done sir... how's research?

You are very correct.

That agency died since 2007. They only employ dullards and abokis (not being tribalistic).
NARSDA scientific officers except for a select few don't even know Jack about remote sensing, at most they use Markov chain and cellular automata for land use land cover prediction and analysis.

Research is going on very well. I'm integrating the covid-19 API to spatially referenced maps so that we would see the covid-19 data based on location. I have already done the API integration using REACT js and got data from the Mapdro.id API https://react-covid19-tracker-by-uzor.netlify.app/ click on the global button to view by countries.

They will tell us but we will not see them

You think im only jokin when i i say nigeria shall be great


Whatch and see as the grace of God is already upon us

olisaemeka1:
God has blessed this country with enough resources both human n natural , that can dwarf the accomplishments of dubai, quatar etc 20times over ...we would have been the tourist and business destination of africa and the world but our only problems are the people ..yes you and I ...we are the ones that produce the leaders of this country so I cannot say the leaders..we do not import leaders we produce them ...then we allow them deceive and divide us along religious , ethnic then tribal lines..every state has enough resource to be self sufficient. I just hope we dont jump from oil n focus on gold, then continue the monoeconomic way.

by the way no be today this gold dey naija ...why do you think killings are going on in zamfara u think its because of cow? Nigerians please lets wake up.

The problem with Nigeria is that the people are too selfish, individuaĺistic and wicked to make any collective progress.

After all this story.

No pictures ?

I hope it's real gold oo.

ProfAmaben:
Do you know the meaning of 200 million ounces of gold reserve? Mr Vice president?

A ounce of gold according to (Forbes, 2019) is worth over $40,000. Our VP is telling us that we have over $1,788 * 200,000,000 buried underneath the Earth crust, with the last mineral geological survey being conducted in the 1950s during the colonial era.

I don't do partisan politics but these guys are delusional and formulate all sorts of cheap lies to deceive Nigerians.

I don't know where you got your figures from but an ounce of 24 carat pure gold i bought at Ibadan 2009 from a gold dealer was #110,000 then. I don't know where you are getting your own figures from bro.
I tried doing the gold runs but later backed off, smuggling it abroad to sell.

emmaodet:

I don't know where you got your figures from but an ounce of 24 carat pure gold i bought at Ibadan 2009 from a gold dealer was #110,000 then. I don't know where you are getting your own figures from bro.
I tried doing the gold runs but later backed off, smuggling it abroad to sell.

It's just a Google search sway

https://www.jmbullion.com/charts/gold-price/

ProfAmaben:


It's just a Google search sway

https://www.jmbullion.com/charts/gold-price/

Well, bro i don't do Google rather on ground in the business. I was in the black market sector of the pure raw gold business so can't say for the official market price.
Also, it was 2009, 11 years ago so a lot has happened before now.

ProfAmaben:


You are very correct.


. I'm integrating the covid-19 API to spatially referenced maps so that we would see the covid-19 data based on location. I have already done the API integration using REACT js and got data from the Mapdro.id API https://react-covid19-tracker-by-uzor.netlify.app/ click on the global button to view by countries.

Wow... This is very commendable.... Keep it up sir.... If you can... maybe you should trend it on Twitter and mention the ministry of communications and NSCDC

[quote author=kafeii123 post=91313802]


Wow... This is very commendable.... Keep it up sir.... If you can... maybe you should trend it on Twitter and mention the ministry of communications and NSCDC[/quote]
Thanks for the compliment. Is it NCDC you are referring to?

Forget about Nigerian organizations, what can they do for me? Would they offer me a job or what? Lol

emmaodet:


Well, bro i don't do Google rather on ground in the business. I was in the black market sector of the pure raw gold business so can't say for the official market price.
Also, it was 2009, 11 years ago so a lot has happened before now.

I answered your question on the where I got the ounce price information and you say you don't do Google?

2009 is eleven years ago, that's eternity.

farem:

Are you sure?

Apologies. I got it mixed up with the Canadian/Nigerian joint venture on gold mining in Osun State. That one is Segilola Gold Project.

no pictures, no location.

[quote author=ProfAmaben post=91314896][/quote]

Thanks..yes I meant NCDC

delpee:


Osun State

wait, I Didnt ask for the location of gold.... I mean where is the location of the audio refinery ?

no be only osun get gold in Nigeria.