Audio By Carbonatix
The National Democratic Congress (NDC) has joined the chorus of disapproval against government's recently inked lithium mining deal with Barari DV.
The party says the current terms of the agreement are not in the best interest of the country.
In a press release issued on Wednesday, December 13, and endorsed by the National Communications Officer, Sammy Gyamfi, the NDC stated that this stance was reached after careful examination and thorough discussions on the agreement.
The party highlighted, among other concerns, the perceived weakness in the mining lease agreement's provision for the establishment of a chemical plant to process Ghana's lithium locally.
“This lithium agreement is not in the best interest of Ghana. That’s my view. And if you all agree with me, let’s all make a statement in support of the IEA to say that we do not think that this agreement is in the interest of Ghana and that we have to relook this matter.
"I don’t want to condemn the MPs, but we will caution them and advise them to do what is right and what is in the interest of Ghana,” a portion of the statement said.
Intensified pressure is urging the government to reconsider the lithium deal amid growing concerns that Ghana may not be receiving a fair deal.
The discussions revolve around potential resource exploitation and perceived inadequate benefits for the country, fueling public discourse and calls for greater transparency and equity.
Prominent figures, including former Chief Justice Sophia Akuffo and seasoned private legal practitioner Sam Okudzeto, have voiced their opposition to the deal.
For the former Chief Justice, the current contract echoes a colonial and Guggisberg-type arrangement.
The $250-million project, situated in Ewoyaa, Mfantseman Municipality in the Central Region, is slated to commence production in 2025.
Notably, the deal incorporates a 10% royalty and 13% free carried interest for the state, surpassing the existing 5% and 10% in other mining agreements.
Latest Stories
-
NPP asks Police CID to probe alleged plot to rig January 31 primaries
38 seconds -
KNUST Law Faculty Acting Dean Prof. Chris Adomako-Kwakye promoted to Associate Professor
2 minutes -
Move the economy from crippling high interest rates to support businesses – Otumfuo urges BoG Governor
3 minutes -
Mahama has done quite well in first year; economy on right path – Prof Bokpin
9 minutes -
Mutilated body of young woman found at Tetegu Junction
13 minutes -
Ghana’s inflation falls below central bank’s target: Good or bad
15 minutes -
Inflation drop driven by fiscal discipline, policy coordination – BoG Governor
19 minutes -
GSA intensifies drive to sanitize commercial shipping industry
20 minutes -
Early signs of economic recovery earn Mahama high marks in Kumasi
21 minutes -
I was NPP member but withdrew in 2003 because of Kufuor – Martin Kpebu
23 minutes -
Economic recovery yet to ease poverty – Prof Bokpin
24 minutes -
Key suspect in GH₵7.5m Adabraka jewellery shop robbery remanded
27 minutes -
GSA holds high-level Exporters’ Forum aimed at strengthening collaboration
29 minutes -
NCCE urges responsible digital citizenship as Ghana marks Constitution Day
33 minutes -
Find ways to reduce interest rates to stimulate businesses, wealth creation – Asantehene to BoG boss
37 minutes
