Audio By Carbonatix
Ghana's Extractive Sector Multi-Stakeholder Group (MSG) has urged Parliament to summon state agencies over delays in disbursing mineral royalties to mining host communities.
The group said the delays were stalling development projects, disrupting local planning, and undermining the objectives of the Minerals Development Fund Act.
Dr Emmanuel Steve Asare Manteaw, a member of the MSG, made the call at a media engagement to disseminate the findings of the 2023 Ghana Extractive Industries Transparency Initiative (GHEITI) Report in Accra.
He attributed the persistent delays to weak oversight, saying Parliament should ensure compliance with the Minerals Development Fund Act, 2016 (Act 912), by holding state institutions accountable for the timely release of approved funds.
"A lot of development projects in some of these beneficiary communities have come to a standstill, and the uncertainty over the timing of disbursements makes it difficult for communities to plan development activities with any confidence.
"What is more worrying is the role of Parliament in all this because they passed the law mandating that certain percentages of mineral royalties be disbursed to mining host communities," Dr. Manteaw said.
He said Parliament should ensure that information on delayed payments, including the institutions responsible and the amounts outstanding, was made public to strengthen transparency and accountability.
In a speech read on his behalf, Patrick Nomo, Co-Chair of the GHEITI Multi-Stakeholder Group and Chief Director at the Ministry of Finance, said reforms to the mineral royalty regime had improved the management of extractive revenues.
He said GHEITI advocacy had contributed to reforms, including changes to the mineral royalty regime and the institutionalisation of subnational royalty transfers through the Minerals Development Fund to enable mining communities to benefit more directly from mineral resources.
Mr Nomo, however, said revenue leakages and weak inter-institutional coordination continued to constrain the sector's contribution to national and local development.
He called for stronger institutional collaboration and improved data management to enhance transparency and ensure that resource revenues translated into tangible benefits for mining communities.
Mr Nomo reaffirmed the government's commitment to using evidence generated through GHEITI to inform policy reforms and strengthen accountability in the extractive sector.
Under the Minerals Development Fund Act, mineral royalties are distributed through a statutory formula, with district assemblies receiving 55 percent of the allocation to local government, mining-affected communities 25 percent, and traditional councils 20 percent.
Latest Stories
-
World Bank says Ghana needs US$37 billion yearly for infrastructure as urban population grows
13 minutes -
NPP to announce next steps after Sedina Tamakloe-Attionu acquittal
15 minutes -
Activa International Insurance Ghana celebrates inaugural ‘Activa Social Day’ at Weep Not Child Orphanage
18 minutes -
19 Mpohor Fiase galamsey suspects to face prosecution after NAIMOS arrest – Lands Commission
18 minutes -
Pension assets surpass GH¢100bn, strengthening financial stability – BoG Governor
18 minutes -
Chelsea sign French defender Lacroix from Crystal Palace
27 minutes -
Parliament urged to enforce mineral royalty disbursements
48 minutes -
Invest in Ghana’s tourism and creative economy to create jobs – Tourism Minister
49 minutes -
Attorney General to challenge Sedina Tamakloe acquittal at Supreme Court; files for stay of execution
49 minutes -
Delegate system ruling won’t eradicate monetisation in party elections – Political observers
50 minutes -
Joy as Kristo Asafo Mission members celebrate Apostle Kwadwo Safo’s life at Gomoa Mpota
52 minutes -
Court grants Hanan permission to leave proceedings on medical grounds
52 minutes -
Abolition of delegate system is not a cure for monetisation – Evans Nimako
55 minutes -
France, Spain and Greece battle wildfires as Europe swelters
1 hour -
MTN Ghana announces 2040 net-zero ambition, plans EV transition and greener operations
1 hour