President Nana Akufo-Addo has announced. The authority he explained will help create a strong aluminum industry, and ensure that relevant resources are gathered to check its exploitation.
President Akufo-Addo who was speaking at the 5th Africa CEO Forum held in Geneva, Switzerland, on Tuesday, March 22, 2017, said, his government is committed to harnessing the country’s natural resources to promote economic growth.
He said: “Our country has enormous natural resources; bauxite, iron ore.
They remain untapped and underdeveloped. We’ve taken the decision that come what may, we are going to bring those resources to play.
An integrated bauxite-aluminum development authority is going to be established in the next three months in Ghana which is going to have a task of mobilizing the relevant resources to be able now to have an integrated aluminum industry in Ghana right from the exploitation of the raw bauxite up to the production of the aluminum products.’’
He re-emphasized that his administration will create the opportunity for individuals to prosper and maintain a robust economy.
“We want to build economies that are self-reliant, have the capacity to compete and generate prosperity for our people…The attitude of the government is to begin to take Ghana beyond aid.”
“We are required to have our own programme, our own analysis of how we can get out from poverty to prosperity.
I am exceptionally optimistic about the future of Ghana because the resources are there.’’