General NewsNewsPolitics

We will not allow foreigners rob us of our lithium – Prof Gyampo

A Political Analyst and lecturer at the University of Ghana, Prof Ransford Gyampo has said, Ghanaians will not sit aloof for foreigners to rob the country of our lithium.

His statement follows the government granting Barari DV Ghana Limited, a subsidiary of Atlantic Lithium Limited, a fifteen (15) year Mining Lease to start the construction and construction and mining of lithium at Ewoyaa in the Mfantseman Municipality of the Central Region.

There have however been red flags raised on the agreement between the government of Ghana and the foreign company.
The Executive Director for Institute of Energy Security, Nana Amoasi VII stated that the agreement is not agreement is not great news to the organization because of the lack of involvement of key stakeholders in the sector.

Meanwhile, the Ministry of Lands and Natural Resource has indicated that the lease has more enhanced terms intended to ensure that Ghana benefits from the mineral.

“The Lease we are signing today differs from our standard Mining Lease, in that, it incorporates the agreed terms we have concluded with the company, based on the Policy approved by Cabinet”, Abu Jinapor, the sector minister stated.

Prof Gyampo disagrees with the mining agreement which he said Ghana has 13% and the foreign company bagging a whopping 87%.

“Can a Ghanaian investor go to Australia to mine Lithium and take 87% and give Australian government 13%? lnvestors can’t be sensible than us”.

Nana Ama Nyamekye /Ahotoronline

Show More

Related Articles

Leave Your Comment

Back to top button