• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, November 13, 2026
  • 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
in Extractives/Energy

Gov’t Earmarks GH$1.4bn for Lands Ministry to Support Mineral Wealth Governance

Bless Banir Yarayeby Bless Banir Yaraye
November 13, 2026
Reading Time: 5 mins read
Add as Preferred on Google
Hon. Ato Forson, Finance Minister.

Hon. Ato Forson, Finance Minister.

Minister for Finance, Dr. Cassiel Ato Forson, has announced a total budgetary allocation of GH¢1.4 billion to the Ministry of Lands and Natural Resources to strengthen the governance, protection, and sustainable management of Ghana’s land and mineral resources in the 2027 fiscal year.

Delivered during the presentation of the 2027 Budget Statement and Economic Policy in Parliament under the theme “The New Economy, New Ghana, Jobs and Prosperity,” the financial commitment targets environmental restoration, anti-illegal mining enforcement, institutional capacity building, and responsible artisanal mining formalization.

“We have allocated GH¢1.4 billion to the Ministry of Lands and Natural Resources to support the management of our land and natural wealth. This amount is allocated as follows: GH¢400 million for land reclamation.”

Minister for Finance, Dr. Cassiel Ato Forson

A detailed breakdown of the fiscal package reveals targeted disbursements across five priority operational pillars within the extractive and environmental governance framework.

Finance Minister with other Stakeholders
Finance Minister with other Stakeholders

Specifically, the government has dedicated GH¢400 million toward nationwide land reclamation exercises, alongside GH¢200 million for the National Anti-Illegal Mining Operations Secretariat (NAIMOS) to intensify enforcement against unauthorized extraction.

ADVERTISEMENT

Furthermore, mineral resource institutions will receive GH¢60 million to bolster regulatory oversight, while GH¢30 million is earmarked for the Responsible Cooperative Mining and Skills Development Programme (rCOMSDEP) and GH¢20 million for the Tree for Life reforestation initiative.

Reversing Ecological Degradation and Securing Water Bodies

The substantial allocation of GH¢400 million for land reclamation and GH¢20 million for the Tree for Life initiative underscores the urgent ecological crisis confronting Ghana’s primary mining enclaves.

Over the past decade, unchecked alluvial and surface mining locally termed galamsey has scarred thousands of hectares of arable farmland and degraded critical forest reserves across the Western, Ashanti, Eastern, and Central regions.

By anchoring the largest single component of the earmarked funds in land rehabilitation, the Ministry seeks to restore top-soil fertility, rehabilitate abandoned mining pits, and reintegrate devastated terrains into productive agricultural and forestry ecosystems.

WhatsApp Image 2025 11 19 at 15.59.27 97342702
Hon. Emmanuel Armah-Kofi Buah, Lands Minister

Complementing physical reclamation is the Tree for Life reforestation drive, which has already distributed over 22 million seedlings nationwide to rebuild depleted vegetative cover and protect vital watershed zones.

ADVERTISEMENT

According to Dr. Forson, safeguarding natural capital is indispensable to sustaining macroeconomic recovery, noting in his broader economic address that “our public purse must nourish” long-term national resilience.

Without aggressive ecological remediation, siltation and heavy-metal contamination of major river basins such as the Pra, Ankobra, and Birim threaten both urban water treatment infrastructure and agricultural export viability.

Balancing Security Enforcement with Cooperative Formalization

A defining feature of the 2027 extractive budget is its dual-track approach to curbing illegal mining, pairing security enforcement with structured economic alternatives.

ADVERTISEMENT

Having conducted 274 field operations across 58 districts nationwide to disrupt illicit syndicates, NAIMOS receives GH¢200 million to sustain intelligence-led surveillance, logistics, and rapid-response interventions in vulnerable forest corridors.

WhatsApp Image 2025 11 14 at 11.42.39 d3294147
Hon. Dr. Cassiel Ato  Forson, Finance Minister

Industry observers note that consistent operational financing is critical to preventing displaced illegal operators from returning to cleared sites once tactical teams withdraw.

Simultaneously, the GH¢30 million injection into rCOMSDEP addresses the socioeconomic drivers pushing rural youth toward unregulated extraction.

Rather than relying exclusively on punitive measures, the programme equips artisanal and small-scale miners with technical training in geological prospecting, mercury-free gold recovery, and occupational safety.

Sector analysts emphasize that formalizing cooperative groups brings informal operators into the regulatory net, enabling them to access legitimate financing while contributing royalties and taxes to state coffers.

Strengthening Regulatory Institutions for Value Retention

To ensure effective coordination across these interventions, the government has committed GH¢60 million to strengthen core mineral resource institutions, including the Minerals Commission, the Forestry Commission, and the Ghana Geological Survey Authority.

Minister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah with Minerals Commission CEO, Hon. Isaac Tandoh
Minister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah with Minerals Commission CEO, Hon. Isaac Tandoh

Enhanced institutional funding is expected to accelerate digital cadastre mapping, improve geological data generation for prospective investors, and tighten compliance monitoring across both large-scale and medium-scale concessions.

As Ghana positions its extractive sector to drive domestic value addition and sovereign wealth creation, robust regulatory governance remains the bedrock of investor confidence.

By aligning enforcement, ecological restoration, and institutional modernization under a unified GH¢1.4 billion envelope, the 2027 budget establishes a comprehensive financial framework aimed at transforming Ghana’s mineral endowments into sustainable, broad-based prosperity.

READ ALSO: 2027 Budget: Cedi Loses 10.1% Against Dollar 

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: announced a total budgetary allocationDr. Cassiel Ato ForsonGH¢1.4 billionGhana’s land and mineral resourcesMinister for FinanceProtectionstrengthen the governancesustainable managementthe 2027 fiscal yearthe Ministry of Lands and Natural Resources
Please login to join discussion
Previous Post

The Prospects of a Dr. Bawumia Presidency

Next Post

Ghana’s Primary Surplus Hits 1.4% as Spending Tightens

Related Posts

Finance Minister Dr Cassiel Ato Forson
Extractives/Energy

Ghana’s 600MW Solar Plan Needs Stronger Grid Planning

November 13, 2026
Finance Minister Dr Cassiel Ato Forson
Extractives/Energy

Ghana’s Oil Receipts Surge As US$556m Funds Big Push

November 13, 2026
Finance Minister Dr Cassiel Ato Forson
Extractives/Energy

Ghana Targets Grid Overhaul As Energy Debt Persists

November 13, 2026
Minister for Finance, Hon. Dr. Cassiel Ato Forson
Extractives/Energy

Nyinahin Mining Lease: GIADEC to Earn Parliamentary Ratification in 2027 — Ato Forson

November 13, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Kaja Kallas, European Union’s Foreign policy Chief as Prisoner Exchange Amid Heavy Russian Airstrikes On Ukrainian Cities

Kallas Demands Meaningful EU Role In Ukraine Peace Talks

November 13, 2026
Dr Cassiel Ato Forson

 Finance Minister Accuses Minority Of Ignoring Economic Progress

November 13, 2026
Screenshot 20261113 105214 Instagram

2027 Budget: GH¢17.6bn Targets Local Development and Sanitation

November 13, 2026
Jean-Michel Basquiat, American artist

Netflix ‘Basquiat’ Documentary Premieres December After Tribeca Win

November 13, 2026
Finance Minister Dr Cassiel Ato Forson

Ghana’s 600MW Solar Plan Needs Stronger Grid Planning

November 13, 2026
ADVERTISEMENT
Next Post
Ghana’s Primary Surplus Hits 1.4% as Spending Tightens

Ghana’s Primary Surplus Hits 1.4% as Spending Tightens

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Ok

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 © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.