Audio By Carbonatix
Despite facing criticisms over the controversial Ghana-Barari Lithium deal, the Minister of Lands and Natural Resources, Samuel Abu Jinapor, has remained adamant, insisting that the deal is in the best interest of the country.
Mr. Jinapor says the government thoroughly considered all available options before selecting the current path, deeming it in the best interest of the country.
During an interview with Citi TV on Monday, December 18, the Damongo Member of Parliament stated that the chosen option effectively addresses concerns related to green minerals while remaining financially feasible.
Mr. Jinapor explained that the government rejected a cooperative approach due to resource constraints and dismissed the option of new legislation due to its complexity and potential for delays.
“Cabinet examined the implications of all the options and came to the conclusions that they did. Ewoyaa concession is just a drop in the ocean, and it’s the first transaction we are getting into.
"The idea of establishing cooperation was not attractive. We didn’t have sufficient resources to deposit. The second one which was to have legislative amendments and new laws was cumbersome, and it was going to take a lot of time, and resources."
The Minister of Lands and Natural Resources also stated that the government meticulously negotiated the deal.
“In this lease, we have negotiated carefully and successfully agreed that Barari DV Limited will mandatorily list on the Ghana Stock Exchange. Indigenous participation will be a minimum of 30%, state participation is 19%,” he added.
Latest Stories
-
MTN Ghana gears up to lead Africa’s AI revolution
12 seconds -
Philanthropist Alhaji FuZak donates Da’wah bus to Ambariya Sunni community
8 minutes -
GUTA calls for suspension of Publican AI system over trade disruptions, demands temporary halt in import activities
10 minutes -
TTAG raises alarm over proposed recruitment of 7,000 teachers, demands national posting roadmap
44 minutes -
Civilians feared killed after reports of air strike on Nigerian market
53 minutes -
Bishop Simon Kofi Appiah installed as new Jasikan Diocese Bishop
54 minutes -
Trump’s Strait of Hormuz blockade threat raises risks and leaves predicaments unchanged
57 minutes -
US Court backs extradiction of former MASLOC CEO Sedina Tamakloe-Attionu’s to Ghana
1 hour -
Seven arrested as NAIMOS dismantles illegal mining camp, seizes firearms at Boin River
1 hour -
Fire erupts at Madina Ritz Junction, destroys multiple wooden structures and containers
2 hours -
Daniel-Kofi Kyereh returns from long-term injury, registers assist for Freiburg U23
2 hours -
Knifeman calling himself ‘Lucifer’ slashes three at NYC’s Grand Central
2 hours -
Brands are built from within to without Â
2 hours -
Matriculants urged to pursue excellence as gov’t reaffirms support for Maritime education
2 hours -
See the areas that will be affected by ECG’s planned maintenance on Monday, April 13, 2026
2 hours