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Co-chairman for Ghana Extractive Industries Transparency Initiative (GHEITI), Dr Emmanuel Steve Asare Manteaw has described as bogus the public forum organised by the Minerals Incomes Investment Fund to explore the concept and best practices of monetizing minerals royalties.
According to him, the public forum does not constitute proper consultation as the government should have first come out with the amendment in the Agyapa deal after President Akufo-Addo directed the Finance Minister and the Attorney-General to correct the concerns raised by the Civil Society Organizations (CSOs).
Speaking on
Okay FM’s Ade Akye Abia Morning Show, Dr Steve Manteaw was of the view that the President should have made public the changes done in the Agyapa deal as raised by the Civil Society Organizations (CSOs) and then call for public discussion on those changes before any public forum to explore the concept and best practices of monetizing minerals royalties.
Experts at Monday’s public forum on the monetization of minerals royalties have concluded that Ghana should boldly monetize its minerals incomes if it intends to make the most benefits from the sector.
Speakers at the Forum including Hene Aku Kwapong (Founder of the Songhai Group) Kwabena Ata Nuamah Mensah(Resource Governance Professional) and Carl Odame- Gyenti ( Banking and Finance Professional) argued that countries like South Africa and Saudi Arabia which have seen quick investments in infrastructure have done so because of among other things the monetization of their resource incomes.
The forum organized by the Minerals Incomes Investment fund provided a platform for the banking experts, Minerals governance experts, academics and students to explore the concept and best practices of monetizing minerals royalties.
Monetize Ghana s Mineral Royalties; Experts At Public Forum | General News peacefmonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from peacefmonline.com Daily Mail and Mail on Sunday newspapers.