HomeBusinessMineral royalties hit GH₵5.43bn in 2025, up from GH₵4.9bn in 2024 –...

Mineral royalties hit GH₵5.43bn in 2025, up from GH₵4.9bn in 2024 – MIIF CEO

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The Minerals Income Investment Fund (MIIF) recorded GH₵5.43 billion in mineral royalty inflows in the year 2025, representing a 10.8 per cent increase from the year 2024.

The year 2024 recorded an amount of GH₵4.9 billion in mineral royalty inflows.
The Chief Executive Officer for MIIF, Justina Nelson, revealed this at the maiden Editors’ Forum held in Accra.

The forum forms part of MIIF’s structured engagement strategy aimed at deepening collaboration with the media and enhancing public understanding of the Fund’s operations.

It is also to ensure transparency in the operations of MIIF.

The forum also featured presentations by senior management members, who provided insights into the amended legal framework, strategic investment priorities, and operational mandate of the Fund.

Mrs Nelson said gold, manganese, and sand winning contributed immensely towards the increment, but salt input had a challenge.

She explained that the engagement sought to clarify the amended provisions of the Minerals Income Investment Fund Act (Act 978), as revised by Act 1137, while also addressing misconceptions surrounding the management of mineral royalties.

“The stewardship of mineral royalties is a sacred national responsibility.T

he media, in turn, is a powerful custodian of public understanding,” she stated, stressing that accurate reporting strengthens public trust and confidence in state institutions”.

The CEO reaffirmed MIIF’s mandate to transform Ghana’s mineral revenues into long-term financial assets for the benefit of both present and future generations.
She noted that the recent legislative amendments have reinforced accountability, strengthened oversight, and enhanced the Fund’s operational effectiveness.

According to her, the achievement was driven by disciplined enforcement, strategic oversight, and strengthened institutional controls, despite a significant appreciation of the Ghana cedi against major international currencies during the period under review.

She further indicated that internal reforms, including strengthened control processes and staff training aligned with amendments to procurement and public financial management laws, have positioned the Fund for improved performance.

Mrs Nelson expressed confidence in MIIF’s outlook for 2026, stating that the fund is entering the year from a position of strength, with a renewed commitment to transparency and value creation.

Mrs Nelson reaffirmed MIIF’s commitment to building strong partnerships with the media to ensure accurate, timely, and responsible reporting on Ghana’s mineral wealth.

The Chief Finance Officer for MIIF, David Awuah Mensah, said royalties’ performances have been increasing.
He promised to increase royalty’s collection, sustain investment growth and strengthen their institutional governance system.

By 1960news.com

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