{"id":180212,"date":"2024-05-09T05:09:42","date_gmt":"2024-05-09T05:09:42","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/05\/09\/ill-establish-a-minerals-development-bank-if-elected-president\/"},"modified":"2024-05-09T05:09:42","modified_gmt":"2024-05-09T05:09:42","slug":"ill-establish-a-minerals-development-bank-if-elected-president","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/05\/09\/ill-establish-a-minerals-development-bank-if-elected-president\/","title":{"rendered":"I&#8217;ll establish a minerals development bank if elected president"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">The f<\/span>lagbearer of the New Patriotic Party (NPP), Dr. Mahamadu Bawumia, has announced plans to establish a minerals development bank if he is elected president in the upcoming December polls.<\/p>\n<p><span style=\"font-weight: 400;\">Dr. Bawumia says the move is aimed at providing finances for mining projects in the country.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Speaking at the 3<\/span><span style=\"font-weight: 400;\">rd<\/span> <span style=\"font-weight: 400;\">Annual Transformational Dialogue on Small Scale Mining in Ghana<\/span><span style=\"font-weight: 400;\"> at the University of Energy and Natural Resources in the Bono Region, Dr. Bawumia said the practice of foreign mining companies exporting all their earnings will end when the policy is implemented.<\/span><\/p>\n<p>\u201cWe also want to, as I said, in collaboration with the relevant state institutions like MIIF, PMMC, the Bank of Ghana, the private sector and others, we want to establish a minerals development bank to finance viable local mineral projects and to mitigate foreign financing of local mining projects, which leads to heavy smuggling of the produce afterwards.\u201d<\/p>\n<hr\/>\n<p><em><strong>Explore the world of impactful news with CitiNewsroom on WhatsApp!<\/strong><\/em><\/p>\n<p><em><strong>Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU: https:\/\/whatsapp.com\/channel\/0029VaCYzPRAYlUPudDDe53x<\/strong><\/em><\/p>\n<p><em><strong>No spams, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital<\/strong><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The flagbearer of the New Patriotic Party (NPP), Dr. Mahamadu Bawumia, has announced plans to establish a minerals development bank if he is elected president in the upcoming December polls. Dr. Bawumia says the move is aimed at providing finances for mining projects in the country.\u00a0 Speaking at the 3rd Annual Transformational Dialogue on Small [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":178129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-180212","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>I&#039;ll establish a minerals development bank if elected president - 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\/2024\/05\/09\/ill-establish-a-minerals-development-bank-if-elected-president\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"I&#039;ll establish a minerals development bank if elected president - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The flagbearer of the New Patriotic Party (NPP), Dr. Mahamadu Bawumia, has announced plans to establish a minerals development bank if he is elected president in the upcoming December polls. 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