• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, August 24, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Akufo-Addo Fails Environmentally and Economically- Kofi Adams on Prof Frimpong Implicating Presidency in Galamsey

March 17, 2023
Stephen M.Cby Stephen M.C
in General News
0
Akufo-Addo Fails Environmentally and Economically- Kofi Adams on Prof Frimpong Implicating Presidency in Galamsey

Mr Kofi Adams, Member of Parliament for Buem, has berated the Akufo-Addo government over its inability to combat the menace of galamsey and corruption.

According to the NDC scribe, Akufo-Addo–Bawumia-led administration is a failure, both environmentally and economically.

“The President has failed to protect the economy and has also failed to protect the environment. His failure to protect the environment is a clear indication that he cannot protect the economy.

“The government’s failure to stem the tide of illegal mining has led to the destruction of the country’s forests and water bodies, as well as the loss of millions of Ghana cedis in revenue to the country.”

Kofi Adams

Kofi Adams indicated that the government needs to take decisive actions to end the galamsey menace and combat corruption in the country. He urged the government to strengthen the country’s anti-corruption institutions and ensure that they are adequately resourced and empowered to investigate and prosecute all cases of corruption and galamsey.

RelatedPosts

Helicopter Crash Finding Raises Questions On Flight Protocols

COCOBOD must Adapt, not Disappear — Finance Ministry Advisor Defends COCOBOD’s Existence

NDC Risks Losing Youth Mobilisation Power

40216927.295
Kofi Adams

Mr Kofi Adams’ comment follows an exposé by the former Minister for Environment, Science, Technology, and Innovation, Prof Kwabena Frimpong Boateng, that some top government officials are engaged in illegal mining.

“Let me tell you that I did not take one excavator for anything, they know the truth. Now things are coming up, we know those who are behind it and the party people who are there, people in government including Jubilee House who are doing galamsey and so on, even now.”

Prof Kwabena Frimpong

Statistics from 2017 to 2023, compiled by the Ghana Water Company, revealed that the country has lost over GH¢ 1.5 billion in revenue due to illegal mining activities. In addition, data from the Forestry Commission of Ghana has revealed that over 2,000 hectares of forest cover have been destroyed due to illegal mining in the same period.

gala 1024x630 1

However, the government has since maintained that it is indeed fighting the activities of illegal mining.

Ghana is one of the biggest producers of gold in Africa and Gold contributes significantly to Ghana’s economy. Small-scale mining is an important means of income for many low-income Ghanaian households which produces about 30 percent of Ghana’s total gold output.

Under Ghanaian law, small-scale gold mining is reserved for Ghanaians, but the boom in gold prices in the 2000s and Ghana’s unprotected gold wealth drew thousands of Chinese miners to Ghana who started mining for gold illegally. Gradually, the Ghanaian counterparts joined them, leaving devastating effects on the economy, the environment, and communities.

The practice impacts cocoa farming as well as the living conditions of people in the mining communities. Cocoa farmers face challenges because of galamsey such as; labor shortages, water pollution and cutting of cocoa trees. Also, galamsey operations reduce land quality and cause black pod disease which ultimately reduce the output of cocoa farms close to the mining sites.

READ ALSO: Smallholder Farmers Must Move from Peasant to Industrial- Dean of DIPC

Tags: Akufo-AddoEconomicallyEnvironmentallyGalamseyKofi Adams
Please login to join discussion
Previous Post

Finland’s NATO Bid Secures Erdogan’s Backing

Next Post

Technical Competency, Partnerships Key To MSMEs Survival

[mc4wp_form id="1264"]

Related Posts

Helicopter crash finding raises concern
General News

Helicopter Crash Finding Raises Questions On Flight Protocols

August 24, 2025
Australia’s Streets Swell With Pro-Palestine Protesters
Asia

Australia’s Streets Swell With Pro-Palestine Protesters

August 24, 2025
Frederick Amissh, Technical Advisor to the Ministry of Finance
General News

COCOBOD must Adapt, not Disappear — Finance Ministry Advisor Defends COCOBOD’s Existence

August 23, 2025
Guinea Junta Suspends Key Opposition Parties
Africa

Guinea Junta Suspends Key Opposition Parties

August 23, 2025
South Korea’s President Visits Japan
Asia

South Korea’s President Visits Japan

August 23, 2025
Professor Godfred A. Bokpin, an Economist and Professor of Finance
News

Economist Demands Sweeping Reforms to Make Cocoa Sector More Attractive

August 23, 2025
Helicopter crash finding raises concern
General News

Helicopter Crash Finding Raises Questions On Flight Protocols

by Lilian AhedorAugust 24, 2025
Australia’s Streets Swell With Pro-Palestine Protesters
Asia

Australia’s Streets Swell With Pro-Palestine Protesters

by Comfort AmpomaaAugust 24, 2025
Frederick Amissh, Technical Advisor to the Ministry of Finance
General News

COCOBOD must Adapt, not Disappear — Finance Ministry Advisor Defends COCOBOD’s Existence

by Evans Junior OwuAugust 23, 2025
Guinea Junta Suspends Key Opposition Parties
Africa

Guinea Junta Suspends Key Opposition Parties

by Lawrence AnkutseAugust 23, 2025
South Korea’s President Visits Japan
Asia

South Korea’s President Visits Japan

by Comfort AmpomaaAugust 23, 2025
Professor Godfred A. Bokpin, an Economist and Professor of Finance
News

Economist Demands Sweeping Reforms to Make Cocoa Sector More Attractive

by Evans Junior OwuAugust 23, 2025
Helicopter crash finding raises concern
Australia’s Streets Swell With Pro-Palestine Protesters
Frederick Amissh, Technical Advisor to the Ministry of Finance
Guinea Junta Suspends Key Opposition Parties
South Korea’s President Visits Japan
Professor Godfred A. Bokpin, an Economist and Professor of Finance
[/vc_row_inner]

Recent News

  • Helicopter Crash Finding Raises Questions On Flight Protocols
  • Australia’s Streets Swell With Pro-Palestine Protesters
  • COCOBOD must Adapt, not Disappear — Finance Ministry Advisor Defends COCOBOD’s Existence
  • Guinea Junta Suspends Key Opposition Parties
  • South Korea’s President Visits Japan
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.