Audio By Carbonatix
Justina Nelson, Chief Executive Officer of the Minerals Income Investment Fund (MIIF), has assured that her outfit will leverage the performance of 2025 to achieve better performance in 2026.
She said that in 2025, MIIF moved royalties from GH¢3.91 billion to GH¢5.43 billion.
“Based on the strategies in the previous year, we are very sure of moving to higher levels this year.”
Mrs Nelson gave assurance in an engagement with the editors of prominent media organisations to acquaint them with the activities and performance of MIIF.
The Forum took Editors through topics such as: an overview of Act 978 and key amendments under Act 1137 of MIIF, MIIF’s 2026-2028 strategic pillars, and MIIF’s investment mandate and operational framework.
Mrs Nelson said as a first forum with editors, it allowed them to also clarify certain allegations and misinformation in the media space.
“There is a need to use the opportunity to clarify issues on amendments of Acts 978 and 1137, and also correct some misconceptions about some mineral royalties and strengthen ties between the media and the Fund.”
She said engagement with the media would give them first-hand information to educate the public on MIIF's activities and urged the Editors to seek clarification whenever they were in doubt about facts.
Mr Charles Benoni Okine, Corporate Affairs and External Relations Director, who welcomed the Editors, said the forum would bring to the limelight aspects of their work that were not clear to Journalists.
He appealed to the Editors to request information on aspects they were not conversant with from the management before publication.
Dr Tuinese Edward Amuzu, Head of Legal at MIIF, who spoke on the amendments, said Manganese and Quarries recorded increased royalties in 2025, attributing the feat to frequent and effective monitoring.
Mr Kwabena Barning, Chief Technical Officer of MIIF, who spoke on the investment mandate of MIIF, said they were established as a sovereign Fund with the intent of serving as a strategic lever to maximise the value of the mining sector and create the potential for sustainable national development.
He said they were mandated to maximise the value of income accruing to the Republic from mineral wealth, and to monetise income accruing to the country in a beneficial, responsible, transparent, accountable, and sustainable manner.
He added that MIIF was also mandated to develop and implement measures to reduce Ghana's budgetary exposure to mineral income.
Latest Stories
-
Xenophobia: Minority commends government on Ghanaian evacuation from South Africa
10 minutes -
Gov’t reaffirms commitment to expanding shelter services for domestic violence survivors – Gender Minister
12 minutes -
Fisheries Ministry intensify efforts to protect premix fuel subsidy
13 minutes -
Liverpool sack head coach Slot
16 minutes -
Xenophobia: Disregard Malema’s comments on Ghana’s evacuation – Minority urges gov’t
18 minutes -
Inyabon MedSync Project strengthens medicine supply in Northern Ghana
19 minutes -
Four more men freed from flooded Laos cave after 10 days
41 minutes -
Millions of breast cancer patients could safely avoid chemotherapy, study suggests
43 minutes -
Liverpool sack head coach Slot
44 minutes -
600 more Ghanaians register for evacuation from South Africa – Ablakwa
55 minutes -
First Lady joins mourners at funeral of Sammy Gyamfi’s father-in-law
1 hour -
Xenophobic attacks: Abu Jinapor warns against retaliatory attacks on South Africans
1 hour -
Abu Jinapor urges African Union action over xenophobic attacks in South Africa
1 hour -
Ghanaian teacher was detained at Dulles Airport for over a week after admitting asylum plans
1 hour -
Novel consultation process on bill caused public confusion – Acting NITA boss
1 hour