Presidential candidate of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia has reiterated his pledge to establish a minerals development bank if he is elected president in the upcoming December polls.
He first made the pledge when he delivered his vision to Ghanaians on February 7, 2024.
The establishment of the minerals development bank he explained will provide financing for mining projects in the country.
Speaking at the 3rd Annual Transformational Dialogue on Small Scale Mining in Ghana at the University of Energy and Natural Resources in the Bono Region, Dr. Bawumia said his administration will put an end to foreign companies exporting all their earnings to their respective countries.
“We also want to, as I said, in collaboration with the relevant state institutions like MIIF, PMMC, the Bank of Ghana, the private sector and others, we want to establish a minerals development bank to finance viable local mineral projects and to mitigate foreign financing of local mining projects, which leads to heavy smuggling of the produce afterwards.”
By: Rainbowradioonline.com/Ghana
