The Oti Regional Minister, Joshua Gmayenaam Makubu has reiterated government’s intentions of adding value to the region’s recently discovered iron ore deposits.
According to him, government is determined to ensure Ghana realizes the full benefits of the iron ore deposit and at the same time, making sure its full value chain is retained in the Oti Region.
He said this when he took his turn at the State of the Region Report, a platform put together by the Ministry of Information for Regional Minister’s to brief the media on developments in their respective regions on Sunday, October 9, 2022.
“Recently, the Region has discovered large quantities of Iron Ore. The Ghana Geological Survey Authority led the discovery of large quantities of Iron ore deposits. The iron ore is 55.22 weight per cent (fe) and of a higher grade
“Government is determined to provide value addition to its raw commodity and would ensure that the Ghana Integrated Iron and Steel Development work closely with the GGSA and the communities to ensure that full value chain is retained in the region and the country,” he said.
The large iron ore deposits, discovered in Akokrowa, a farming community in the region are 55.22 weight per cent (fe) and of a higher grade.
This, Mr Makubu described the discovery of the iron ore as good news for the region and urged the chiefs and people to work in harmony to drive development to the area.
He maintained that the exploration and the business of the Iron will create jobs and wealth for the people of Oti and the country in general.
Already, 10 local and foreign investors have expressed interest in mining the iron ore. None of the investors according to Mr Makubu will exclusively own a concession but will rather sign a Memorandum of Understanding (MoU) with the Ghana Integrated Iron and Steel Development Corporation (GIISDEC) and the host communities to mine within a specific period of time to benefit the region and the country at large.
Roads
Touching on the kilometres of road constructed in his since 2017, Mr Makubu said a total of 587km of road have been constructed and a further 185.7km are under construction.
It includes the rehabilitation of the 21km Nkonya Wurupong to Kwamekrom road, the 30km reconstruction of the Hohoe to Jasikan road, the Jasikan to Dodo Pepeso road, upgrading of the 26.8km Kete Krachi to Buya road and several others.
Health
On health, he said 10 projects have been completed in the region while eight are still under construction.
He said these projects include the CHPS compound at Dadease in the Nkwanta South Municipality, the CHPS compound at Azua market in the Nkwanta North District and the CHPS compound with nurses quarters at Nkonya Asakyiri in the Biakoye District.
Latest Stories
-
We may all resort to vote buying if electorates prioritise such over development – Asiedu Nketiah
24 mins -
NDF engages mineral extraction communities in advocacy and litigation resolution
28 mins -
Adabraka in community A/R unites to combat electoral violence
36 mins -
Forestry Commission cracks down on endangered bush meat trade
37 mins -
Global GDP could plunge by 24% by 2,100 without urgent climate action
37 mins -
High Court dismisses lecturer’s bid to block Deputy IGP’s appointment
46 mins -
MTN records 35.5% growth in profit to GH¢3.76bn in quarter 3, 2024
1 hour -
Deloitte to hold training on navigating customs and excise duty Obligations
1 hour -
Akufo-Addo, Bawumia should have prioritised National Peace Campaign launch – Mahama
1 hour -
AGI works to clamp down on substandard foreign mattresses penetrating Ghanaian markets
1 hour -
Immigration Service intercepts 54 gallons of fuel
1 hour -
Ace Medical Insurance makes its mark at Ghana Club 100 Awards
1 hour -
Dafeamekpor takes Speaker to High Court to affirm vacant seats ruling
1 hour -
Government is not funding GMX music streaming platform – Director of Marketing
2 hours -
Energy sector not advancing enough – ACEP
2 hours