Segilola Resources Operating Limited, Nigeria's first large-scale gold mining company and a subsidiary of Thor Explorations Ltd, has commissioned a newly constructed royal palace in Imogbara and launched a youth empowerment scheme in Osun State communities.
The initiatives, unveiled on June 16, 2025, form part of the company's Community Development Agreement (CDA) commitments, highlighting its dedication to sustainable development and cultural preservation within its operational areas.
Cultural Heritage Preservation
The newly completed palace represents a significant contribution to Imogbara's cultural heritage. Designed and constructed in close collaboration with community members, the structure embodies the pride, history, and leadership of the people while providing a functional and dignified seat for traditional governance.
Youth Empowerment Through Transportation
Beyond architectural contributions, Segilola Resources has implemented a Youth Empowerment Scheme addressing unemployment in the region. The initiative provides six commercial mini-buses—locally known as "Korope"—with three allocated to Imogbara and three to Iperindo communities.
These vehicles enable young people to generate sustainable income through transport services while strengthening the local economy.
Ms. Madhurii Sakar-Amoda, Community Development and Stakeholder Manager at SROL, emphasized the company's collaborative approach during the commissioning ceremony.
"At Segilola, development is not something we do to communities; it is something we build with them. Our work is anchored in partnership, guided by respect, and focused on creating value that lasts. Community engagement is not an add-on — it is central to our purpose and informs every decision we make," she stated.
"The new palace represents more than just a structure. It is a proud symbol of cultural heritage and resilient leadership. Similarly, the Youth Empowerment Scheme goes beyond providing buses. It is about restoring dignity, inspiring ambition, and unlocking economic potential for the next generation," Sakar-Amoda added.
Infrastructure Development
Further enhancing local infrastructure, Segilola Resources announced the completion of a 2.4-kilometre interlocking road connecting Imogbara to Odo Ijesa. This development improves mobility, access, and economic integration for residents in these communities.
Through these initiatives, the gold mining company continues to demonstrate the positive impact of responsible mining practices—creating development that is community-led, people-focused, and designed for long-term sustainability.
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