The Asantehene, Otumfuo Osei Tutu II has advised managers of the Minerals Income Investment Fund (MIIF) to ensure that their activities impact positively on the lives of the people, particularly those in mining communities.
He said "people in those communities deserve better," hence, revenue generated from mining resources must be used to help in their development, by providing good roads and other social amenities for the people.
The Asantehene who expressed concern over the poor living conditions of residents in the minning areas, despite being the most affected by the activities of miners, thus, urged the MIIF managers to ensure the right things are done to enhance the lives of residents.
Otumfuo also tasked them to justify the confidence reposed in them by the government by working together and innovatively to enhance investment, both domestically and internationally, for the growth of the fund.
He said the managers should bring their experience and expertise to bear in the discharge of their duties to ensure the effective management of Ghana’s mineral resources and royalties.
Otumfuo Osei Tutu gave the advice when officials of the MIIF paid a courtesy call on him at the Manhyia Palace, Kumasi, last Friday.
The MIIF team, led by its Chief Executive Officer, Mr. Yaw Baah, included Mr. Franklin Asafo-Adjei, the Chief Financial Officer; Mr. Kwabena Barning, the Chief Technical Officer; Mr. Charles Amoh, the Business Development Manager, and Dr. Kennedy Kwabena Abrokwa, the Corporate Affairs Manager.
The others were Mr. Seidu Sumaila, the Finance Manager; Mr. Adam Muhazu, the Investment Manager; Ms. Rosetta Esi Asmah, the Human Resource Manager, and Ms. Sharon Asiedu, the Corporate Affairs Officer.
The visit, among others, was aimed at introducing the management of the MIIF to the Asantehene and also brief him on the activities of the MIIF.
For his part, Mr. Baah gave an assurance that the managers had taken the advice of the king in good faith, and that they were focused on doing the right thing at all times to foster value for money in the investments made.
He reiterated the fact that the MIIF was positioning itself to change the public narrative by ensuring that Ghana’s mineral royalties were managed properly for the maximum benefit of the ordinary citizen.