- A Nigerian man has sparked a debate by questioning why money generated from the country’s vast gold reserves is not shared with states like revenue from crude oil and natural gas.
- He pointed out that Nigeria has large amounts of high-quality gold and even highlighted that Zamfara State reportedly has more gold reserves than South Africa, a country that was built on smaller reserves.
- His questions highlighted the current system of central government control over revenues from minerals such as gold.
A Nigerian man recently took to social media to ask a simple but important question about the country’s wealth.
He pointed out that Nigeria had large amounts of gold but asked why the money earned from the sale of gold was not shared with all states like the money made from crude oil and gas.
Currently, oil and gas revenues are managed by the central government and distributed among states.
However, laws targeting minerals such as gold often give the central government most control over where the money flows.
The man’s question points to a desire for states to get a fairer share of the wealth from natural resources found in their regions, such as gold.
In the video, the man asked:
Zamfara has more gold reserves than South Africa. South Africa’s gold reserves are smaller than those of Zamfara State and other parts of Nigeria. Wow!
In other news… A post on social media has sparked debate after a man claimed that some police officers assigned to VIPs are now wearing suits while on duty, allegedly ignoring President Bola Tinubu’s recent directives.
President Tinubu has ordered the withdrawal of police personnel from VIP security, a move that has been widely approved but some Nigerians have questioned its effectiveness.
Shortly after the directive was issued, the Nigeria Police confirmed that it had withdrawn officers carrying out important tasks.
However, an X (former Twitter) user named Ayekooto claimed that some VIPs were not fully complying with the order. According to him, some police officers now wear suits instead of uniforms to avoid attracting attention.
Ayekuto wrote: “Following instructions from the President, some police officers who follow VIPs are now wearing suits to accompany them to escape public scrutiny. The Inspector General should investigate this. No official or VIP should undermine the authority of the Commander-in-Chief.”
The post prompted multiple responses, with Nigerians holding different views on the issue.
See the post below:
