Audio By Carbonatix
Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has proposed granting equity stakes in mineral resources to traditional leaders within the respective jurisdictions.
He says this will be a major solution to tackling illegal mining activities across the country.
According to the Vice President, the involvement of traditional leaders in land management, in collaboration with their district assemblies, can serve as a deterrent to illegal miners who often exploit loopholes in regulatory systems.
He believes that giving chiefs an equity stake will incentivize them to protect their lands from degradation and promote sustainable mining practices.
"The resource whether it's a gold mine or whatever, when we find gold in your area, then you have a stake in it, an equity stake, the district assembly has an equity stake. Once you have an equity stake, you will not allow the land to be misused.
Dr. Bawumia spoke at an engagement with the Ashanti Regional House of Chiefs to kick-start his three-day tour in the region.
His comments come amidst widespread concern among traditional leaders over the environmental impact of illegal mining activities.
The Vice President also proposed that the chiefs be roped into the committees supervising the granting of mining permits in their respective districts.
"We want to make sure that we can regulate the small-scale miners, and make sure the chiefs are part of the district mining committee that will give the licenses to the small-scale miners," he added.
Latest Stories
-
Rev Daniel Annan says money, power and sex define men’s true masculinity
15 minutes -
Dzifa Gomashie credits Maame Dokono and Nana Konadu for shaping her career
23 minutes -
Mahama’s position on OSP repeal demonstrates genuine anti-corruption commitment – CDD
52 minutes -
Publicis West Africa brings Cannes Lions insights to Africa with ‘Cannes in a Can’
54 minutes -
Chinese Ambassador urges balanced reporting on mining sector
58 minutes -
Bilateral trade between Ghana and India reaches three billion dollars in 2024
1 hour -
Mahama arrives in Kenya for Jamhuri Day
1 hour -
‘Ghana must treat galamsey as a serious national threat’ – Chinese Ambassador
1 hour -
Ghana explores Colombia partnership to export English teachers abroad
1 hour -
TOR running partial 24-hour service – MD
1 hour -
Mahama hints at involving the Red Cross in Free Primary Healthcare implementation
1 hour -
Mahama describes surge in chieftaincy and ethnic conflicts as ‘a major headache’
1 hour -
TOR has $517m in debt to clear – MD
1 hour -
Illegal miner granted GH¢200k bail for stealing
1 hour -
Ghana and Colombia strengthen ties as Vice Presidents meet in Accra
2 hours
