The Minority in Parliament has obstructed the laying of the lithium mining agreement between the government of Ghana and the Barrari DV of Australia.
This comes after the government granted Barari DV Ghana Limited, a subsidiary of Atlantic Lithium Limited, a fifteen (15) year mining lease to commence the construction and mining of lithium at Ewoyaa in the Mfantseman Municipality of the Central Region.
The lease incorporates new and enhanced terms intended to ensure that the country benefits optimally from this mineral. This includes an increase in royalty rate, state and Ghanaian participation, as well as value addition to the mineral mined.
Deputy Minority Whip Ahmed Ibrahim accused the majority of seeking to lay the agreement clandestinely.
This comes on a day when Parliament faced challenges in meeting the required number of MPs after the minority accused their NPP colleagues of abandoning the House and following Dr. Bawumia to campaign.
The Minority in Parliament threatened to frustrate the business of Parliament if attendance on the Majority side does not improve starting next week.
Since Parliament resumed in July, there have rarely been 30 NPP MPs present, leaving the Minority to carry the burden of doing government business.
Speaking on the floor of parliament, the Deputy Minority Whip, Ahmed Ibrahim, said, “As leadership, it was agreed that we try to veer away from controversial areas today. Mr Speaker that was agreed upon. As we sit here, there is an order from the majority chief whip that they should bring other people for Awoyaa bauxite and lithium to be laid illegally when we don’t have the numbers to constitute business. That would not be tolerated.”
“We need men to work before we can proceed. Mr Speaker, this was agreed upon. You don’t have the numbers. We will not agree.”
Civil society organizations, including IMANI Africa, have voiced concerns, calling the deal a rip-off.
Honorary Vice President of IMANI-Africa, Bright Simons, says the Lands and Natural Resources Minister, Samuel Abu Jinapor’s claim that the royalty rate agreed in the lithium deal is the highest in the country’s history is false.
He explained that Ghana has enjoyed significantly higher rates in the past and thus one could argue that the current lithium royalty rate is shortchanging Ghana.
The royalty rate in the lithium deal has been increased to 10% from the standard five percent, and the state’s free carried interest in the mining operation has been increased from 10% to 13%.
Bright Simons noted that the terms of the contract are not generous enough.
“Yes, the 10% seems high because in recent times we’ve been signing agreements that some argue have shortchanged us and the 13% free-carry interest is interesting. But the truth of the matter is that if you take the whole historic span of our mining industry in this country, those terms are not that generous because we can say that in the 70s Ghana automatically had a 55% participation rate.
Latest Stories
-
CLOGSAG vows to resist partisan appointments in Civil, Local Government Service
24 minutes -
Peasant Farmers Association welcomes Mahama’s move to rename Agric Ministry
26 minutes -
NDC grateful to chiefs, people of Bono Region -Asiedu Nketia
28 minutes -
Ban on smoking in public: FDA engages food service establishments on compliance
29 minutes -
Mahama’s administration to consider opening Ghana’s Mission in Budapest
31 minutes -
GEPA commits to building robust systems that empower MSMEs
33 minutes -
Twifo Atti-Morkwa poultry farmers in distress due to high cost of feed
36 minutes -
Central Region PURC assures residents of constant water, power supply during yuletide
37 minutes -
Election victory not licence to misbehave – Police to youth
38 minutes -
GPL 2024/2025: Nations thrash struggling Legon Cities
41 minutes -
Electoral offences have no expiry date, accountability is inevitable – Fifi Kwetey
41 minutes -
Ghanaians to enjoy reliable electricity this Christmas – ECG promises
48 minutes -
Police deny reports of election-related violence in Nsawam Adoagyiri
52 minutes -
‘We’re not brothers; we’ll show you where power lies’ – Dafeamekpor to Afenyo-Markin
56 minutes -
EPA says lead-based paints are dangerous to health, calls for safer alternatives
3 hours