Bawumia’s 100% mineral ownership policy is a mere political rhetoric – Alan
Movement for Change flagbearer, Alan Kyerematen has characterized Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party, as just talking politics when it comes to his pledges about the ownership of Ghana’s mineral riches.
While on a campaign visit to the Bono region, Dr. Bawumia promised that if elected, he would guarantee that all mineral resources would be owned 100% by Ghanaians.
He voiced concerns about the current structure of the mining industry in Ghana, arguing that it gives the false appearance that the people of Ghana do not fully own the nation’s minerals.
However, in an interview with the Chronicle Newspaper, Independent Presidential Candidate Alan Kyerematen disputed the vice president’s claim, calling it political spin and disinformation.
According to the law, minerals already belong to the people, Alan Kyerematen continued.
According to Mr. Alan Kyerematen, the President of Ghana is vested with all mineral resources in their natural state within Ghana and its territorial waters, as guaranteed by Article 257 (6) of the 1992 Constitution, on behalf of the Ghanaian people.
He emphasized that this covers both liquid and solid minerals, with different regulations controlling management and access.
The former trade minister said: “So, Ghanaians already own 100% of their mineral resources by law. The impression being created by the Vice President that he will make Ghanaians own 100% of their natural resources is misleading and amounts to populist propaganda,” he stated.