Kian Smith Trade & Co refinery to commence operations next year.
Kian Smith Trade and Co is a federal government licensed gold refining firm, with aims to establish it’s domain in Nigeria.
Meanwhile, the Minister of Budget and National Planning, Senator Udo Udoma, announced on Monday that the Federal Government had given licence to Kian Smith.
According to The Punchng, Udoma in his speech said:
“This accelerated development of the National Gold Development Policy by the Ministry of Mines and Steel Development,
and the progress recorded in implementing the Federal Gold Reserve Scheme
by the Central Bank of Nigeria are direct solutions to issues presented by investors at the ERGP Focus Labs,”
However, Kian Smith emphasized readiness to commence operations next year:
“Our refinery will add value to the benefit of gold miners, traders, and consolidators.
It will increase revenue for the government of Nigeria and increase employment in the country,”