Audio By Carbonatix
President John Mahama has revoked the appointment of Edward Nana Yaw Koranteng as the Chief Executive Officer (CEO) of the Minerals Income Investment Fund (MIIF).
In a letter addressed to Mr Koranteng on Monday, January 13, he was instructed to vacate the position immediately and hand it over to the new finance minister-designate, Dr Ato Forson.
The mandate of MIIF is to maximise the value of incomes due to the country from its mineral wealth for the benefit of its citizens. It is tasked with monetising the mineral income accruing to the Republic in a responsible, transparent, accountable, and sustainable manner, as well as developing and implementing measures to reduce the Republic’s budgetary exposure to fluctuations in mineral income.
Latest Stories
-
Bristol University threatened with legal action after protest at academic’s talk
14 minutes -
US launches review of advanced Nvidia AI chip sales to China, sources say
29 minutes -
2 nurses, security guard arrested over alleged baby theft at Tamale hospital
40 minutes -
Elon Musk becomes first person worth $700 billion following pay package ruling
52 minutes -
Fussy eaters and TV remote hogs: How to avoid family rows over Christmas
1 hour -
Singing at school shouldn’t just be for Christmas, teachers say
1 hour -
Pan-African Progressive Front Advances Reparatory Justice at Accra Diaspora Summit
1 hour -
Japan prepares to restart world’s biggest nuclear plant, 15 years after Fukushima
1 hour -
India express train kills seven elephants crossing tracks
2 hours -
TTU’s number-one ranking due to research commitment – Vice-Chancellor
2 hours -
US pursuing third oil tanker linked to Venezuela, official says
2 hours -
At least 13 photos removed from justice department Epstein files website
2 hours -
Margins sets example in Urban Renewal and Climate Resilience
2 hours -
Rights groups condemn new record number of executions in Saudi Arabia
2 hours -
Another 130 abducted schoolchildren released in Nigeria
2 hours