“Why Isn’t Gold Money Shared With States?”- Man Sparks Debate Online

  • A Nigerian man sparked a debate by asking why the money generated from the country’s vast gold reserves is not shared with states in the same manner as revenue from crude oil and gas.
  • He pointed out that Nigeria has a lot of high-quality gold, even emphasizing that the gold reserve in Zamfara State is reportedly bigger than South Africa’s, which built its nation on a smaller reserve.
  • His question highlights the current system where the central government maintains control over revenue from minerals like gold,

A Nigerian man recently asked a simple, but important, question about the country’s wealth on social media.

He pointed out that Nigeria has a lot of gold, but asked why the money made from selling that gold is not shared with all the states in the same way that money from crude oil and gas is.

Currently, the money earned from oil and gas is managed by the central government and divided among all the states.

However, the laws for minerals like gold usually give the central government most of the control over where the money goes.

The man’s question suggests that people want the states to get a fairer share of the wealth from the natural resources—like gold—that are found in their own areas.

In the video the man was heard asking:
The gold reserve in Zamfara is bigger than the gold reserve in South Africa. And South Africa built their country on a gold reserve that is smaller than what we have in Zamfara State and other parts of Nigeria. Wow!

In other news…. A social media post has stirred debate after a man claimed that some police officers assigned to VIPs are now wearing suits while on duty, allegedly flouting President Bola Tinubu’s recent directive.

President Tinubu had ordered the withdrawal of police personnel from VIP security, a move that received widespread approval, though some Nigerians raised questions about how effectively it would be implemented.

Shortly after the directive, the Nigerian Police confirmed the pullout of officers from VIP assignments.

However, an X (formerly Twitter) user named Ayekooto claimed that certain VIPs have not fully complied with the order. According to him, some officers are now dressing in suits instead of uniforms to avoid drawing attention.

Ayekooto wrote: “Following the President’s directive, some police officers attached to VIPs are now accompanying them in suits to escape public scrutiny. The Inspector General should investigate this. No officer or VIP should undermine the authority of the Commander-in-Chief.”

The post sparked a variety of responses, with Nigerians sharing differing opinions on the issue.

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