President John Mahama has revoked the appointment of Edward Nana Yaw Koranteng as the Chief Executive Officer (CEO) of the Minerals Income Investment Fund (MIIF).
In a letter addressed to Mr Koranteng on Monday, January 13, he was instructed to vacate the position immediately and hand it over to the new finance minister-designate, Dr Ato Forson.
The mandate of MIIF is to maximise the value of incomes due to the country from its mineral wealth for the benefit of its citizens. It is tasked with monetising the mineral income accruing to the Republic in a responsible, transparent, accountable, and sustainable manner, as well as developing and implementing measures to reduce the Republic’s budgetary exposure to fluctuations in mineral income.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Nigerians mourn woman allegedly beheaded by gospel singer
4 minutes -
Sudan shelling kills more than 100 civilians near capital
12 minutes -
Mahama hits the ground running: Key reforms and directives in first days of office
16 minutes -
Relatives wait for news as body bags hauled from South African mine
23 minutes -
Kate reveals she is in remission from cancer
43 minutes -
UK’s Treasury minister resigns over anti-corruption investigation in Bangladesh
56 minutes -
Fire Service calls for installation of fire extinguishers, detectors at marketplaces
58 minutes -
Kofi Adu Domfeh: Prayers for rain in LA and the call for climate action
1 hour -
Don’t appoint Bawku or Kusasi native as U/E Regional Minister – Asamoah Boateng advises Mahama on averting dispute
1 hour -
Bono COCOBOD seizes trucks loaded with bags of cocoa, lumber
2 hours -
Recent Appointment Committees have become a theatre – Draman
2 hours -
Mahama appoints Justina Nelson as Acting CEO of MIIF
2 hours -
Tribunal system was evil, why does Mahama gov’t want it back? – Ansa-Asare
2 hours -
Kurt Okraku files nomination for CAF Executive Committee position
3 hours -
Criminologist urges police to engage communities to prevent attacks on security personnel
3 hours