President Mahama urged to prioritise resource governance for resilient economic rebound

International anti-corruption actor, Mr Raphael Godlove Ahenu, has called on President John Dramani Mahama to prioritise effective resource governance to build a resilient economy for job creation and poverty reduction.

“Resetting the sector remains crucial, as the nation’s economy rebounds,” he told the Ghana News Agency (GNA) in an interview in Sunyani and lauded the President, urging the government to push long-term economic resilience through realistic monetary policies.

Mr Ahenu, also the Founder of the Sunyani-based Global Media Foundation (GloMeF), an anti-corruption media advocacy Non-Governmental Organisation (NGO) argued that the nation natural resources had huge potential to “lift millions out of poverty if properly managed with transparency, accountability and sustainability.”

He said the GloMeF worked to improve the socio-economic livelihoods of the vulnerable in society, targeting adolescents, saying the “nation’s economy is gasping for relief and the quickest and most effective oxygen we can give it lies in our resource sector.”

President Mahama must therefore make it a central pillar of his administration to reform, as his government put the nation on the edge for economic recovery and rebound, he advised.

Mr Ahenu said decades of “poor oversight, corruption, weak regulatory enforcement, and inequitable distribution of resource revenues have undermined the country’s development efforts.”

“It’s unacceptable that while our lands are rich in gold, bauxite, oil, and other natural resources, the majority of our people continue living in deprivation and abject poverty,” he said.

For Mr Ahenu’s view, strategic reforms in the mining, oil, and forestry sectors supported by strong institutions and citizen engagement could dramatically improve revenue mobilization, curb illicit financial flows, and promote inclusive growth.

“Resetting the resource sector will not only restore investor confidence but also secure funds for education, healthcare, and infrastructure,” he stated, adding “it’s the foundation for building a resilient and self-reliant economy too.”

Mr Ahenu advocated implementation of stronger monitoring mechanisms, community participation in resource management, and transparency in contracts and revenue utilization, recommending the review of existing mining agreements, and thereby tightening environmental regulations to safeguard communities affected by extractive activities.

His advocacy comes in the wake of many Ghanaians demanding greater accountability in the management of the nation’s wealth.
Mr Ahenu also called on the Civil Society community and the media to hold the government accountable, by ensuring that the nation’s natural riches benefited all, and just not privileged for few.

GNA

Hot this week

Killing of a Ghanaian in South Africa; pursuit of justice non-negotiable – Ablakwa

The Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, has...

Bawumia’s public image feels more like a comedy show than… – Kevin Taylor

US-based Ghanaian journalist, Kevin Taylor has descended heavily once...

Return our 9,321-square-mile Chipa Forest Land – Shai Chiefs appeal to Mahama

Traditional leaders and residents of the Shai Traditional Area...

Former CJ suffers another heavy blow; ECOWAS Court dismisses her claims

Deputy Attorney-General and Minister for Justice, Justice Srem-Sai, has...

Atidefe Foundation to hold its 5th Youth Forum, Free Coconut Seedlings Distribution

The Atidefe Foundation has announced that its 5th Free...

Topics

Killing of a Ghanaian in South Africa; pursuit of justice non-negotiable – Ablakwa

The Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, has...

Bawumia’s public image feels more like a comedy show than… – Kevin Taylor

US-based Ghanaian journalist, Kevin Taylor has descended heavily once...

Return our 9,321-square-mile Chipa Forest Land – Shai Chiefs appeal to Mahama

Traditional leaders and residents of the Shai Traditional Area...

Former CJ suffers another heavy blow; ECOWAS Court dismisses her claims

Deputy Attorney-General and Minister for Justice, Justice Srem-Sai, has...

Atidefe Foundation to hold its 5th Youth Forum, Free Coconut Seedlings Distribution

The Atidefe Foundation has announced that its 5th Free...

Breaking News: Iran confirms electronic signing of peace deal with US

Iran's Foreign Ministry spokesperson, Esmaeil Baghaei, has confirmed that...

MTN slashes fibre broadband prices following Gov’t engagement – Sam George

The Minister for Communication, Digital Technology and Innovations, Sam...
- Advertisement -spot_img

Related Articles

PREVIOUS CATEGORIES

- Advertisement -spot_img