{"id":722306,"date":"2019-10-13T17:47:49","date_gmt":"2019-10-13T17:47:49","guid":{"rendered":"https:\/\/ghana-mma.com\/2019\/10\/13\/akufo-addo-promises-to-revive-ghana-consolidated-diamonds\/"},"modified":"2019-10-13T17:47:49","modified_gmt":"2019-10-13T17:47:49","slug":"akufo-addo-promises-to-revive-ghana-consolidated-diamonds","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/10\/13\/akufo-addo-promises-to-revive-ghana-consolidated-diamonds\/","title":{"rendered":"Akufo-Addo promises to revive Ghana Consolidated Diamonds"},"content":{"rendered":"

<\/p>\n

\n
\"\"<\/div>\n

The
\n President, Nana Addo Dankwa Akufo-Addo, has assured the Chiefs and
\npeople of Akwatia that his government will do all within its power to
\nrevive the Ghana Consolidated Diamonds Ltd.<\/p>\n

According
\n to President Akufo-Addo, the Ghana Consolidated Diamonds Ltd, in times
\npast, \u201chas helped create jobs and wealth for the people of Akwatia. <\/p>\n

\u201cTherefore,
\n if, today, there are some lingering issues concerning the operation of
\nthe mine, then it is my utmost responsibility that we ensure that such
\nbottlenecks are all cleared to get the mine functioning again. That is
\nwhy I am here today.\u201d<\/p>\n

President
\n Akufo-Addo made this known on Sunday, 13th October, 2019, when he paid a
\n working visit to the company, as part of his 3-day tour of the Eastern
\nRegion.<\/p>\n

In
\n September, government abrogated the contract awarded to the Great
\nConsolidated Diamonds Ghana Limited (GCDGL) in 2011, a subsidiary of the
\n Jospong Group of Companies, to mine diamonds at Akwatia, for breach of
\ncontract.<\/p>\n

The
\n company, in the words of the Director General of the State Interests
\nand Governance Authority (SIGA), Hon. Stephen Asamoah Boateng, failed to
\n fulfil its core mandate of paying $17 million to the Divestiture
\nImplementation Committee (DIC), as well as rehabilitating and
\nrefurbishing facilities at the mines to enhance production.<\/p>\n

\"Akufo-Addo<\/figure>\n

In
\n the presence of the Minister for Lands and Natural Resources, the
\nMinister for Trade and Industry, and the Director-General of SIGA, the
\nPresident assured the Omanhene of Akwatia, Osabarima Kofi Boateng III
\nthat a veritable solution will be reached soon to resolve the current
\nsituation confronting the company.<\/p>\n

\u201cSo,
\n I am giving you the strongest assurance that this matter is of grave
\nconcern to me, and I will ensure that, whatever has to be done to ensure
\n that the good times once enjoyed by this mine are restored, will be
\ndone.\u201d<\/p>\n

Touching
\n on the properties owned by the company, a concern of the Akwatia
\nOmanhene, the President indicated that the Director-General of SIGA has
\nalready made some efforts with regards to a property in London.<\/p>\n

\u201cWe
\n still own the property, and have not lost it to anyone. They (SIGA)
\nhave been able to identify it, and it is still a property of the
\ncompany. It is the one in Accra that, I believe, has become a subject of
\n some litigation, but we will look into and seek redress. It may
\nprobably be that the lease on the property has not been renewed hence it
\n current situation, but, as I have said, we will look into it
\ncritically, and get back to you with the results,\u201d he added.<\/p>\n

\"Akufo-Addo<\/figure>\n

\u00a0Tree Crop Development Bill<\/strong><\/p>\n

Touching
\n on Government\u2019s efforts at diversifying Ghanaian agriculture, President
\n Akufo-Addo was excited that the traditional authorities at Akwatia have
\n embraced the Oil Palm Project being undertaken by the Ministry of
\nAgriculture and the Ministry of Local Government and Rural Development.<\/p>\n

President Akufo-Addo noted that his Government is giving support to the cultivation of cashew, oil palm, mango, rubber, shea, so the country can reap similar or more benefits like the country does from cocoa.<\/p>\n

We cannot base the growth and development of our country on just a single produce, cocoa. We need to diversify, and a look at other non-traditional exports. Cote d\u2019Ivoire gets $16 billion dollars every year from their agricultural exports. We, in Ghana, get only $2 billion. That is not good enough,\u201d the President bemoaned.<\/p>\n

He
\n continued, \u201cSo, in three of four years, the investments we have made
\ninto these cash crops will certainly get us about $12 to $15 billion
\nreceipts of diversified agricultural exports. I am, therefore, happy
\nthat the project here has the full support of Nananom.\u201d<\/p>\n

In
\n order to ensure the proper regulation of these crops, President
\nAkufo-Addo told the gathering that \u201cbefore the end of this year, the
\nTree Crop Authority Bill laid in Parliament will be passed. It will
\nensure proper regulation of these crops, as has been done with COCOBOD.
\nIt will better equip farmers to reap the full benefits of their labour.\u201d<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

The President, Nana Addo Dankwa Akufo-Addo, has assured the Chiefs and people of Akwatia that his government will do all within its power to revive the Ghana Consolidated Diamonds Ltd. According to President Akufo-Addo, the Ghana Consolidated Diamonds Ltd, in times past, \u201chas helped create jobs and wealth for the people of Akwatia. \u201cTherefore, if, […]<\/p>\n","protected":false},"author":1,"featured_media":722307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-722306","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\nAkufo-Addo promises to revive Ghana Consolidated Diamonds - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/10\/13\/akufo-addo-promises-to-revive-ghana-consolidated-diamonds\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Akufo-Addo promises to revive Ghana Consolidated Diamonds - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"The President, Nana Addo Dankwa Akufo-Addo, has assured the Chiefs and people of Akwatia that his government will do all within its power to revive the Ghana Consolidated Diamonds Ltd. According to President Akufo-Addo, the Ghana Consolidated Diamonds Ltd, in times past, \u201chas helped create jobs and wealth for the people of Akwatia. \u201cTherefore, if, […]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.ghanamma.com\/2019\/wp-content\/uploads\/2019\/10\/Akwatia-diamond.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/10\\\/13\\\/akufo-addo-promises-to-revive-ghana-consolidated-diamonds\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/10\\\/13\\\/akufo-addo-promises-to-revive-ghana-consolidated-diamonds\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/#\\\/schema\\\/person\\\/53d06a757a4242f113d200e3c290c036\"},\"headline\":\"Akufo-Addo promises to revive Ghana Consolidated Diamonds\",\"datePublished\":\"2019-10-13T17:47:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/10\\\/13\\\/akufo-addo-promises-to-revive-ghana-consolidated-diamonds\\\/\"},\"wordCount\":665,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/10\\\/13\\\/akufo-addo-promises-to-revive-ghana-consolidated-diamonds\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/Akwatia-diamond.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/10\\\/13\\\/akufo-addo-promises-to-revive-ghana-consolidated-diamonds\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/10\\\/13\\\/akufo-addo-promises-to-revive-ghana-consolidated-diamonds\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/10\\\/13\\\/akufo-addo-promises-to-revive-ghana-consolidated-diamonds\\\/\",\"name\":\"Akufo-Addo promises to revive Ghana Consolidated Diamonds - 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