Lithum deal does not make any capital sense. Suspend it – Dormaahene appeals to government.
The Paramount Chief of Dormaa Traditional Area, Osaagyefo Agyemang Badu, has appealed to government, to as a matter of urgency, suspend the lithium deal.
According to him, the deal does not make any capital sense to Ghana because the country only stands to benefit from just 10%.
Speaking to Bono Regional House of Chiefs, Nana Dormaahene urged government of Ghana to take a second look a the mining contract so it that can benefit the Ghanaian citizen.
He said that, “Government has to suspend the contract and re-look at the terms because the mining company [Atlantic] has been given the license to mine not just lithium but any other resources it discovers within the concession area. That is not right because it will come to a time where we would lose control of our own resources,”
“We are not kicking against any mining of natural resources but we must ensure that the gains are shared equally and so government authorities must carefully re-look at the terms of the deal to bring peace among all stakeholders,” Osaagyefo Agyemang Badu added.
