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How is it conceivable to receive just 7% of gold revenue in today’s world? – Dormaahene criticizes govt

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The Dormaahene, Osagyefo Oseadeeyo Agyeman Badu II, has condemned the government’s portion of revenues from the nation’s mining sector.

He expressed dissatisfaction with the meager percentage of earnings that the government receives.

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In a recent interview circulated on social media, the Dormaahene disclosed that Ghana’s government only gains 7% of the profits generated by mining operations, a figure he deems unjust and disproportionate.

He highlighted that even during periods of military governance, a fairer distribution was maintained.

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“In Ghana, the gold that is mined, if the profits come, do you know the percentage that is given to Akufo-Addo? I have been saying this over and over again.

“Even under military rule, when General Kutu Acheampong was in charge, he didn’t agree; he said it should be 50-50,” he said.

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The Dormaahene voiced concern that in the present more civilized age, the government would accept such a meager portion.

“He insisted that they should take half and give half to Ghanaians. Now, when they mine, now that we are civilized, they take 93% and give us 7%.

“So, the mining that is destroying our rivers in Obuasi, Tarkwa, and other towns means we are just getting peanuts, and the larger portion is going abroad,” he added.

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