{"id":130717,"date":"2023-12-13T14:21:41","date_gmt":"2023-12-13T14:21:41","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/12\/13\/middle-east-countries-are-filthy-rich-because-their-oil-belongs-to-them-ablakwa-on-lithium-deal\/"},"modified":"2023-12-13T14:21:41","modified_gmt":"2023-12-13T14:21:41","slug":"middle-east-countries-are-filthy-rich-because-their-oil-belongs-to-them-ablakwa-on-lithium-deal","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/12\/13\/middle-east-countries-are-filthy-rich-because-their-oil-belongs-to-them-ablakwa-on-lithium-deal\/","title":{"rendered":"Middle East countries are filthy rich because their oil belongs to them \u2013 Ablakwa on lithium deal \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has waded into conversations surrounding Ghana\u2019s lithium mining deal with Barari DV Ghana Limited.<\/strong><\/p>\n<p>He said it is unfortunate that Ghana gives out its mineral resources only in exchange for royalties.<\/p>\n<p>According to him, Western countries have the wealth they have because they do not sell their mineral resources, they contract people to work on them and pay them.<\/p>\n<p>\u201cThe reason why all the countries of the Middle East are filthy rich is because the oil that they have belongs to them. All the companies that go there to explore for oil are contracted, they are paid, and they don\u2019t own the oil. We have lithium in large quantities and we are allowing someone to come and take it and go and sell it. You will not bring 100 percent of the money to Ghana; you give us 10 percent,\u201d he said during a meeting with the Christian Council on Tuesday, December 12.<\/p>\n<p>Ablakwa added that it is unwise to give the mineral resource out at the current rate without the due returns.<\/p>\n<p>\u201cI have raised this matter some 20 years or more years ago, this question about having minerals and letting somebody come and give you royalty as if , it is the stupidity of the stupidities. The lithium agreement is not in the interest of Ghana, that is my view and if you agree with me, then let us make a statement in support of the IEA to say that we do not think that this agreement is in the interest of Ghana,\u201d he added.<\/p>\n<p>SSD\/NOQ<\/p>\n<p><strong>Source:\u00a0<\/strong>www.ghanaweb.com<\/p>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has waded into conversations surrounding Ghana\u2019s lithium mining deal with Barari DV Ghana Limited. He said it is unfortunate that Ghana gives out its mineral resources only in exchange for royalties. According to him, Western countries have the wealth they have because they do not [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":130718,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-130717","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Middle East countries are filthy rich because their oil belongs to them \u2013 Ablakwa on lithium deal \u2013 - 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\/2023\/12\/13\/middle-east-countries-are-filthy-rich-because-their-oil-belongs-to-them-ablakwa-on-lithium-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Middle East countries are filthy rich because their oil belongs to them \u2013 Ablakwa on lithium deal \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has waded into conversations surrounding Ghana\u2019s lithium mining deal with Barari DV Ghana Limited. He said it is unfortunate that Ghana gives out its mineral resources only in exchange for royalties. 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