• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, October 9, 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

Gyampo Criticizes Minerals Commission’s ‘Lithium Robbery’

Stephen M.Cby Stephen M.C
December 6, 2023
Reading Time: 4 mins read
Stephen M.Cby Stephen M.C
in General News
0
NDC Elections: I Expect A Healthy Contest And Outcome  Reflective Of The Wishes Of People- Prof Gyampo

Professor Ransford Gyampo, Political Scientist.

Political scientist, Prof Ransford Gyampo, has expressed disappointment in the Minerals Commission’s stance on the agreement between government and Barari DV Limited on mining lithium in Ghana.

According to him, despite the efforts made by the Commission to help facilitate the agreement, such move will not be allowed to see the light of day. He revealed that the decision to convince chiefs in Mfantseman will not yield the desired results.

“Dear Minerals Commission, You can hide behind the colonial legal regime to aid foreigners to rob Ghanaians off their natural resources. But this won’t happen on Mfantseman soil. Let your foreigners go mine in the sea, they will get fish.”

Prof Ransford Gyampo

Furthermore, Prof Gyampo indicated that he had a discussion with two key chiefs in Mfantseman and sensitized them on the Lithium agreement with government.

RelatedPosts

Why Always Money? – CDD-Ghana Fellow Blasts NPP’s ‘Outrageous’ GHS 4M Development Fee Demand

Corruption Allegations Rock Ghana’s School Placement System

NHIA Boss Moves to Ensure Members Are Not Denied Care Amid System Disruptions

With this, he questioned why the foreigners are “cornering” the chiefs to be receptive to the deal.

“There are many educated elites in Mfantseman. Why are they not being spoken to?”

Prof Ransford Gyampo

Despite the resolve by these “foreigners” to convince the chiefs in Mfantseman, Prof Gyampo expressed gratitude to the Omanhene of Nkusukum, Omanhene of Dominase, Omanhene of Mankessim and the Omanhene of Ekumfi for their resolute position on the matter.

He highlighted that the discussion with the chiefs on “Lithium robbery” has been an insightful one.

Moreover, with the current stance of government on the lithium agreement with a foreign entity, Prof Gyampo questioned whether a Ghanaian investor can go to Australia to mine Lithium and take 87% and give the Australian government 13%.

To this, he emphasized that investors can’t be more “sensible” than Ghanaians.

“We sat in the same classroom with some of them and beat them in exams! But why will a government agency facilitate a Lithium deal that would only be pretty good, but won’t be in the best interest of the country? Is it ignorance, wickedness, or connivance with robbery for secret personal gain?

Prof Ransford Gyampo

Commenting on the position of the CEO of the Commission, Martin Ayisi on the agreement, Prof Gyampo described him as an “arrogant chap”.

He stated that although Niger was the “last but one poorest country in the world prior to their recent coup”, it is the fastest growing economy in the world, simply because, it has now taken full control over its natural resources. Ghana, on the other hand, he maintained is “sick”.

“Where is the PRO of the Commission? He can pander to his own incompetence, but he must leave the Lithium in the soil if Ghana cannot get 50% of the proceeds.”

Prof Ransford Gyampo

Lithium deal not the best for Ghana

Meanwhile, former Chief Justice, Sophia Akuffo, has maintained that the Lithium agreement that Ghana has signed is not the best for the nation.

She revealed that the only way some people will say it is good for the country is because someone is going to have undue benefit from the agreement.

“This deal is not the best… People’s undue benefits must be floating around somewhere that is why somebody will find this a perfect, wonderful lease agreement…”

 Sophia Akuffo

Madam Akuffo contended that there are all forms of extraction methods which are much better than the one which is currently being offered the country. She noted that the lease is not necessarily the best methodology and that there are so many other better methodologies out there which can be considered.

“There is a joint venture, there is a service contract, and even the service contract of many different permutations. This deal is not the best for Ghana. It is like percentages, what is the base figure? If you add some super miserable formulation to this, then we will say that is the best Ghana has had. Yes, maybe it is, but it is not the best Ghana could have had.”

 Sophia Akuffo

READ ALSO: Selorm Adadevoh Appointed Chief Commercial Officer Of MTN Group

Tags: Barari DV Ghana LimitedGhana NewsGyampoLithium agreementMfantseman chiefs
Please login to join discussion
Previous Post

Banking Sector Resilience: Assets Surge, Profits Soar Amid Challenges

Next Post

Erdogan Condemns Israel’s Plan To Demilitarize Gaza

[mc4wp_form id="1264"]

Related Posts

U.S Senate Approves Debt Ceiling Deal
USA

US Government Shutdown Persist For Ninth Day

October 9, 2025
Professor Stephen Kwaku Asare
General News

Why Always Money? – CDD-Ghana Fellow Blasts NPP’s ‘Outrageous’ GHS 4M Development Fee Demand

October 9, 2025
Corruption Allegations Rock Ghana’s School Placement System
General News

Corruption Allegations Rock Ghana’s School Placement System

October 9, 2025
Woman Swallows Eight Live Frogs to Cure Her Back Pain
Oddities

Woman Swallows Eight Live Frogs to Cure Her Back Pain

October 9, 2025
Ing. Kow Eduakwa Sam, Acting Chief Executive Officer of the Bui Power Authority (BPA)
Extractives/Energy

Bui Power CEO Urges Grid, Storage for Africa’s Renewables 

October 9, 2025
Chief Executive Officer of the National Health Insurance Authority (NHIA), Dr. Victor Asare Bampoe
General News

NHIA Boss Moves to Ensure Members Are Not Denied Care Amid System Disruptions

October 9, 2025
U.S Senate Approves Debt Ceiling Deal
USA

US Government Shutdown Persist For Ninth Day

by Comfort AmpomaaOctober 9, 2025
Professor Stephen Kwaku Asare
General News

Why Always Money? – CDD-Ghana Fellow Blasts NPP’s ‘Outrageous’ GHS 4M Development Fee Demand

by Evans Junior OwuOctober 9, 2025
Corruption Allegations Rock Ghana’s School Placement System
General News

Corruption Allegations Rock Ghana’s School Placement System

by Silas Kafui AssemOctober 9, 2025
Woman Swallows Eight Live Frogs to Cure Her Back Pain
Oddities

Woman Swallows Eight Live Frogs to Cure Her Back Pain

by Esther Korantemaa OffeiOctober 9, 2025
Ing. Kow Eduakwa Sam, Acting Chief Executive Officer of the Bui Power Authority (BPA)
Extractives/Energy

Bui Power CEO Urges Grid, Storage for Africa’s Renewables 

by Prince AgyapongOctober 9, 2025
Chief Executive Officer of the National Health Insurance Authority (NHIA), Dr. Victor Asare Bampoe
General News

NHIA Boss Moves to Ensure Members Are Not Denied Care Amid System Disruptions

by Evans Junior OwuOctober 9, 2025
U.S Senate Approves Debt Ceiling Deal
Professor Stephen Kwaku Asare
Corruption Allegations Rock Ghana’s School Placement System
Woman Swallows Eight Live Frogs to Cure Her Back Pain
Ing. Kow Eduakwa Sam, Acting Chief Executive Officer of the Bui Power Authority (BPA)
Chief Executive Officer of the National Health Insurance Authority (NHIA), Dr. Victor Asare Bampoe
[/vc_row_inner]

Recent News

  • US Government Shutdown Persist For Ninth Day
  • Why Always Money? – CDD-Ghana Fellow Blasts NPP’s ‘Outrageous’ GHS 4M Development Fee Demand
  • Corruption Allegations Rock Ghana’s School Placement System
  • Woman Swallows Eight Live Frogs to Cure Her Back Pain
  • Bui Power CEO Urges Grid, Storage for Africa’s Renewables 
The Vaultz News

Copyright © 2025 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 © 2025 The Vaultz News. All rights reserved.