Debt alone not enough to revoke Northern Ashanti Mines’ lease – Dr Manteaw
The Co-chair of the Ghana Extractive Industries Transparency Initiative (GHEITI), Dr Steve Manteaw, says outstanding statutory debt alone should not be sufficient grounds for revoking the mining lease of Northern Ashanti Mines, urging the government to negotiate payment arrangements with the company.
Dr Steve Manteaw, co-chair of Ghana's Extractive Industries Transparency Initiative, argues that a mining lease should not be revoked solely due to outstanding statutory debt. He suggests that negotiations for payment should be pursued instead of immediate revocation. Manteaw criticizes the government's approach, stating that it could harm local mining businesses and deter investors. He emphasizes the importance of local participation in the mining sector for Ghana's economic development.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
