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Public lands must not be sold at cheaper prices – Armah-Kofi Buah
Emmanuel Armah-Kofi Buah, the Minister-Designate for Lands and Natural Resources, has firmly opposed the sale of public lands, emphasising that any future transactions involving such lands must be conducted at prevailing market rates to protect the interests of the Ghanaian people.
During his vetting by Parliament’s Appointments Committee on Monday, January 27, Armah-Kofi Buah criticised existing practices that allow public lands to be undervalued and sold at significantly lower rates, describing this as detrimental to national development.
Armah-Kofi Buah outlined the guidelines currently in use by the Lands Commission, explaining that public lands are often sold at just 25 percent of their market value, with the remainder paid through ground rent.
This practice, Armah-Kofi Buah argued, effectively undervalues state-owned assets and deprives the nation of much-needed revenue.
He said,“As we speak, the guidelines for the sale of public lands according to the Lands Commission is that it is valued at 25 percent and the 25 percent of the value is what is sold and the rest is paid through grand rent.”
“That will not happen anymore, and first of all, it should not be sold and if there is a need to sell, it should be done at the current market value so that Ghanaians are not shortchanged,” he revealed.
The sale of public lands to Politically Exposed Persons (PEPs) has been a contentious issue in Ghana, with concerns raised about transparency, fairness, and accountability.
Over the years, there have been reports of influential individuals, including politicians, government officials, and their associates, acquiring prime public lands at heavily discounted prices.
Critics argue that these transactions often lack transparency, with limited public oversight or competitive bidding processes.
In some cases, prime lands located in urban centres have been sold to PEPs at prices far below their market value, depriving the state of significant revenue and raising questions about favouritism and abuse of office.
Source: Citinewsroom.com
The Diaspora Affairs Office at the Office of the President has hosted a delegation of African diaspora women who are in Ghana ahead of a planned Presidential Conferment of Citizenship ceremony.
The Director of Diaspora Affairs, Kofi Okyere Darko, explained in a Facebook post that the visit was a gesture of appreciation by the delegation to the Government of Ghana for its continued efforts to reconnect Africans in the diaspora with their ancestral homeland.
He indicated that the ceremony, scheduled for next Monday, will officially grant Ghanaian citizenship to members of the delegation as part of the country’s broader engagement with the African diaspora.
The delegation was led by Erica Bennett, Founder of the Diaspora Africa Forum.
According to Mr Okyere Darko, her years of advocacy have played an important role in strengthening ties between Africa and people of African descent living abroad.
He noted that the group’s journey towards citizenship represents not only a legal process but also a cultural and spiritual return to their roots.
Also present at the meeting was Natalie Jackson, an attorney who is also expected to receive Ghanaian citizenship during the ceremony. She works closely with renowned civil rights lawyer Ben Crump.
Mr Okyere Darko emphasised that Ghana remains committed to strengthening relationships with the African diaspora and promoting unity, identity, and shared heritage among people of African descent worldwide.
By: Jacob Aggrey
Ghana has signed a debt restructuring agreement with the Kingdom of Belgium as part of efforts to restore the country’s economic stability after the financial crisis that hit the nation in 2022 and 2023.
The Minister of Finance, Cassiel Ato Forson, today disclosed that he signed the agreement on behalf of the Government of Ghana.
He explained that Ghana experienced a very difficult period during the crisis, which forced the government at the time to declare a debt default.
However, he indicated that the country is now recovering and witnessing a significant economic turnaround.
According to him, stronger systems are also being put in place to ensure that Ghana does not return to such a situation again.
Dr Forson noted that the agreement with Belgium is the eighth deal Ghana has concluded with countries under the Official Creditor Committee as part of its external debt restructuring programme.
He expressed appreciation to the Government of Belgium for its support and partnership with Ghana during the process.
The Finance Minister thanked Carole van Eyll, Ambassador of Belgium to Ghana, for her role in strengthening relations between the two countries.
The agreement forms part of Ghana’s broader effort to restructure its external debts and stabilise the economy following the crisis.
By: Jacob Aggrey
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