• About
  • Advertise
  • Privacy & Policy
  • Contact
Newstitbits
Advertisement
  • HOME
  • NEWS
    Rawlings family commiserate with the Gbehos

    Rawlings family commiserate with the Gbehos

    Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister

    Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister

    Sylvester Boakye missed updated evacuation notices

    Ablakwa salutes Benjamin Quashie for outstanding support to Ghanaians in South Africa

    Nana Konadu Agyeman-Rawlings passes away

    Future full of determination and upliftment of women – DWM upbeat as it turns 44

    Professor Dr. Grace Ayensu-Danquah

    Deputy Health Minister Ayensu-Danquah appointed to AU Secretariat on global health

    Rawlings family console General Nunoo-Mensah

    Rawlings family console General Nunoo-Mensah

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH
No Result
View All Result
  • HOME
  • NEWS
    Rawlings family commiserate with the Gbehos

    Rawlings family commiserate with the Gbehos

    Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister

    Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister

    Sylvester Boakye missed updated evacuation notices

    Ablakwa salutes Benjamin Quashie for outstanding support to Ghanaians in South Africa

    Nana Konadu Agyeman-Rawlings passes away

    Future full of determination and upliftment of women – DWM upbeat as it turns 44

    Professor Dr. Grace Ayensu-Danquah

    Deputy Health Minister Ayensu-Danquah appointed to AU Secretariat on global health

    Rawlings family console General Nunoo-Mensah

    Rawlings family console General Nunoo-Mensah

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH
No Result
View All Result
Newstitbits
No Result
View All Result

5 Professional bodies caution govt against lithium deal

December 21, 2023
Reading Time: 5 mins read
Sophia Akuffo (middle), former Chief Justice, making a presentation. Picture: ERNEST KODZI

Sophia Akuffo (middle), former Chief Justice, making a presentation. Picture: ERNEST KODZI

Five professional bodies have backed calls for the government to exercise caution over the lithium mining lease granted to Barari DV Ghana Ltd.

The Trades Union Congress (TUC), the Institute of Chartered Accountants, Ghana (ICAG), the Ghana Institution of Engineers (GhIE), the Ghana Institute of Architects (GIA) and the University Teachers Association of Ghana (UTAG) have all urged the government to “hasten slowly” to ensure proper consultations were done before the agreement was carried through.

They made their positions clear at a meeting with the Institute of Economic Affairs (IEA) in Accra last Tuesday.

Present were a former Chief Justice and distinguished scholar of the IEA, Justice Sophia Akuffo; a member of the Council of State, Sam Okudzeto; the Board Chairman of IEA, Dr Charles Mensa, and the Director of Research at IEA, Dr John Kwakye.

Concerns
A Political Science lecturer at the University of Ghana, Legon, who is also the President of the UG-UTAG, Prof. Ransford Gyampo, said the lithium deal would not be beneficial to the country.

He also accused Parliament of always giving citizens false hope and having the penchant for backing agreements without scrutinising them.

“We are not saying that lithium should not be mined, but if we want to mine it, let’s ensure that it brings benefits to all of us; let’s take control of our natural resources,” the lecturer said.

The national Vice-President of UTAG, Prof. Victor Mogre, also said “our workers are not excited about the lithium deal, and, therefore, the government must hasten slowly in its implementation”.

The President of ICAG, Sena Dake, said exploration of mineral resources should have full value.

“It is our hope that this call to have a second look at the agreement would be heeded and taken seriously.

Mining policy
The Director of Research and Policy, Labour Research and Policy Institute of the TUC, Dr Kwabena Nyarko Otoo, advised the government to develop a new mining policy regime, adding that the TUC was very “uncomfortable with the mining leases we have signed over the years.

Generally, all the mining leases need to be looked at again”.

The President of GIA, Forster Osae-Akonnor, said as architects, they considered the lithium deal as a bad deal and not in the best interest of the people.

A member of the Chemical Division of GhIE, Latifatu Adjah, called for investment in research and exploration, saying “we have not done well for ourselves as a country and sometimes I feel sad”.

IEA’s position
The IEA reiterated its position on the matter and said the lithium agreement must not be ratified by Parliament because it represented a colonial interest and must be discarded.

Justice Akuffo said beyond the lithium agreement, there was the need to develop a well-conceived policy document, as well as put in place the necessary legal structures for the exploration of the nation’s mineral resources.

“Ghana is a very rich country which should stand on its feet and properly manage its assets,” she said.

Mr Okudzeto also said that the nation’s mineral resources were owned by the people and “if you are giving me 10 per cent of the sale of the mineral resources, where is the remaining 90 per cent going?”

For his part, Dr Mensa said if the country must avoid going back to the International Monetary Fund for the 18th time, it must avoid undertaking such colonial lithium deals.

Background
The Minister of Lands and Natural Resources, Samuel Abu Jinapor, signed the first lease for the exploitation of lithium in the country on October 19, this year.

This followed Cabinet’s approval of the Green Minerals Policy, which makes it mandatory for prospective holders of leases for lithium and other green minerals to establish a refinery for processing the resource.

Since the granting of the lithium mining lease, some CSOs, individuals and institutions have criticised the deal, describing it as bad for the country.

Mr Jinapor and some experts have, however, defended the government’s decision, describing the deal as the best for the country.

Previous Post

Uber, Bolt et al to pay Value Income Tax from January 1

Next Post

Ghana’s GDP increases by 2% in the third quarter

Related Posts

Alhaji Seidu Agongo

Africans must go …. But to where?

Anlo Traditional Council to immortalise the memory of Rawlings

Honouring Rawlings: NDC headquarters to be named after Rawlings on his birthday

Rawlings family commiserate with the Gbehos

Rawlings family commiserate with the Gbehos

Fans in the US Shift from Celebration to Expectation as Ghana v. Panama Draws Near

Fans in the US Shift from Celebration to Expectation as Ghana v. Panama Draws Near

Next Post
Ghanaians look forward to better socioeconomic conditions in 2023

Ghana’s GDP increases by 2% in the third quarter

National Development Summit highlights specific targets for Ghana by 2057

National Development Summit highlights specific targets for Ghana by 2057

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Africans must go …. But to where?
  • Honouring Rawlings: NDC headquarters to be named after Rawlings on his birthday
  • Rawlings family commiserate with the Gbehos
  • Fans in the US Shift from Celebration to Expectation as Ghana v. Panama Draws Near
  • Dr. Donkor named recipient of prestigious Distinguished African Development Finance Leadership Award
  • KGL’s “big payments” are the price of state-backed monopoly, not heroism
  • Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister
  • Ablakwa salutes Benjamin Quashie for outstanding support to Ghanaians in South Africa
4
who would your most humble servant be?

At a time when power is flaunted more than it is earned, we rise with a different call: #TumiNniSuban—Power without character is nothing. We are done with leaders who wear authority like a costume but lack the soul to serve. Leadership must reflect the people’s dignity, not diminish it. So we ask If elections were held today, who would your most humble servant be?

Popular Stories

  • Ablakwa: How Ghana spent over GH₵85m on stadium renovations and still got a CAF ban

    Ablakwa: How Ghana spent over GH₵85m on stadium renovations and still got a CAF ban

    0 shares
    Share 0 Tweet 0
  • NDC changes leadership in Parliament: Haruna Iddrisu, Muntaka et al dropped

    0 shares
    Share 0 Tweet 0
  • Grace Afadu honoured as Inspiring Woman of the Year

    0 shares
    Share 0 Tweet 0
  • Janet Nabla to injunct 2024 elections over her disqualification

    0 shares
    Share 0 Tweet 0
  • Accountant jailed two years for stealing Ghana Police Church money to bet

    0 shares
    Share 0 Tweet 0

ABOUT US

Newstitbits.com is a 21st Century journalism providing the needed independent, credible, fair and reliable alternative in comprehensive news delivering that promotes knowledge, political stability and economic prosperity.

Contact us: [email protected]

@2023 – Newstitbits.com. All Rights Reserved.

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • NEWS
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH

@2024 - Newstitbits.com. All Rights Reserved.