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We’ll Decentralized Mining Licenses and Establish A Bank To Support Individuals – NAPO

napo decentralized mining
We'll Decentralized Mining Licenses and Establish A Bank To Support Individuals - NAPO

Dr. Matthew Opoku Prempeh, the running mate for the New Patriotic Party (NPP), has announced an initiative to decentralize the issuance of mining licenses across Ghana.

In a recent statement, he highlighted that this plan aims to simplify access for individuals in remote areas, thereby reducing bureaucratic bottlenecks.

Additionally, Dr. Prempeh revealed plans to establish a dedicated financial institution to support those interested in mining but lacking sufficient capital.

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This bank would offer financing options specifically designed for small-scale miners, helping to bring more local entrepreneurs into the sector.

His announcement comes amid discussions on the need for regulated, community-driven mining to prevent environmental damage and promote economic growth.

While some citizens welcomed the potential for job creation, others voiced concerns about oversight and environmental sustainability.

The NPP hopes that by addressing financial barriers and decentralizing the process, they can create a more inclusive and responsible mining industry in Ghana.

Source: OccupyGh.com 

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