Audio By Carbonatix
Former Chief Justice Sophia Akuffo has called for a review of the 1992 Constitution to make it adequately tackle agreements in the extractive industry.
She said when recent agreements made by the state are compared to those of other jurisdictions, Ghana is overly being exploited, hence the need for a re-look at the agreements.
Madam Akuffo now serving on the Council of State, the advisory council to the President of Ghana, wondered why Ghana is still entering into contracts with extractive companies on its natural resources.
That, she said ended Ghana up being “exploited”.
In a recent media interview in Accra, the Council of State Member questioned the policy guiding the extraction of Ghana’s mineral resources and how the proceeds are apportioned between the state and foreign investors.
She described the mineral concession agreements between Ghana and foreign investors as woefully unfavourable for the country.
“Why are we still doing it like we are in the days of Guggisberg?” the former Chief Justice queried.
Her call were parts of comments on critical areas the Council of State could be looking at aside from issues that would be presented to them by the President.
She asked: “What should be our policy on our natural resources?
“The things under our ground which we don’t seed or feed and which belongs to us totally but when it comes to making use of it, we position ourselves to be exploited.
“I’m using that word very advisedly because when you read about systems and formulae used, some over ten years ago, in other jurisdictions, you keep asking yourself, ‘why are we still doing it like we are in the days of Governor Guggisberg?”
She bemoaned the deplorable state of the mining communities where valuable resources are being explored without any or very little benefit for the residents.
Madam Akuffo said: “You wonder, and you end up with really pathetic towns where a valuable mineral has been extracted for years, for decades, sometimes centuries and when you think of the amount of gold or diamond or whatever has been mined all those years and what it has done to the town.
“You ask yourself what went wrong somewhere, why, and that’s something that needs to be seen to,” she reemphasised.
Latest Stories
-
2026 World Cup: What would Ghana lose without Thomas Partey against Panama?
33 minutes -
Confidence high as Vice President visits Black Stars ahead of Panama showdown
2 hours -
BECE 2026: Five important steps JHS graduates should take before starting SHS
2 hours -
2026 World Cup: Ghana fails in bid to have Partey’s Canada visa denial overturned
2 hours -
University of Nottingham cyberattack triggers CSA warning to Ghanaian universities
2 hours -
Ghana-South Africa Business Chamber condemns xenophobic attacks on Ghanaians
3 hours -
“US Justice Department hasn’t gotten back to Ghana that it has served Ofori-Atta” – OSP
3 hours -
Deputy Energy Minister reaffirms Ghana’s commitment to gas-led development at West Africa Gas Summit
3 hours -
Protect Ghanaians in South Africa through diplomacy – Bosome Freho MP to gov’t
3 hours -
About 49,000 Ghanaians still live in South Africa – Bosome Freho MP discloses
3 hours -
Bosome Freho MP urges South Africa to take decisive action against Xenophobic attacks
3 hours -
Mfantsipim SHS final-year student commits suicide
3 hours -
Complete Farmer launches CF Grower and CF Buyer to deepen digital agriculture in Ghana
3 hours -
Nukunu Sports Academy to support young football enthusiast until he turns 14
4 hours -
With green card, Ofori-Atta has far more protection than he had previously – Kpebu
4 hours