Audio By Carbonatix
The leader of the Movement for Change, Alan Kyerematen has dismissed promises made by New Patriotic Party flagbearer, Dr. Mahamudu Bawumia, regarding the ownership of Ghana’s mineral resources.
According to him, it is a mere political rhetoric.
Dr. Bawumia, during his recent campaign tour of the Bono region, vowed to ensure 100% Ghanaian ownership of mineral resources if elected President.
He expressed concerns about the current framework of Ghana’s mining sector, suggesting that it doesn’t fully reflect Ghanaian ownership of its minerals.
However, the independent presidential aspirant, in an interview with the Chronicle Newspaper, contradicted the Vice President’s promise.
He argued that, the promise is a political propaganda.
Mr. Kyerematen mentioned Article 257 (6) of the 1992 Constitution, which already guarantees that all mineral resources within Ghana and its territorial waters are vested in the President on behalf of the Ghanaian people.
He said this constitutional provision already ensures 100% ownership of mineral resources by Ghanaians.
Mr. Kyerematen clarified that both solid and liquid minerals are included in this ownership, with specific laws governing their access and management.
He therefore described Dr. Bawumia’s pledge as misleading, stating that it creates a false impression that Ghanaians don’t currently own their mineral resources.
Latest Stories
-
GES denies GH¢1,500 Free SHS payment directive, urges parents to ignore viral claim
48 minutes -
The losses were necessary – Manteaw defends GoldBod’s costly push to win Ghana’s gold market
57 minutes -
We are concerned about inflation outlook when it comes to MPC decisions – BoG Governor
1 hour -
GoldBod had to ‘pay more’ to beat Indians, Chinese in Ghana’s gold market – Manteaw
1 hour -
Gov’t pays GH¢10.8bn DDEP Coupon in full and on schedule
1 hour -
GCAA owes GMet over GH¢50m in statutory payments – Director-General
2 hours -
Accra Mall brings families together with back-to-school bonanza
2 hours -
GoldBod’s $1.7bn loss is worth it; forex gains have stabilised Ghana’s economy, Manteaw says
2 hours -
Pastor Mensa Otabil’s mother-in-law to be buried today
2 hours -
GoldBod losses: Why act like Ghana has never lost money on Gold? – Manteaw
2 hours -
Don’t credit GoldBod for Ghana’s macroeconomic stability – Bokpin
3 hours -
US lifts security restrictions on ships from Nigeria after 12 years
3 hours -
Oil edges up on uncertainty over exports through Hormuz
3 hours -
US judge allows Trump to end thousands of Ethiopians’ deportation protections
3 hours -
Liberia agrees to accept up to 1,200 third-country deportees from US
3 hours