Chiefs deserve equity stakes in resources on their lands — Bawumia

Politics Vice President Dr. Mahamudu Bawumia
Vice President Dr. Mahamudu Bawumia

Vice President and New Patriotic Party flagbearer Dr. Mahamudu Bawumia has unveiled plans to increase the benefits received by traditional rulers in Ghana.

He explained that the move is in recognition of the traditional rulers’ pivotal role as custodians of local lands and communities.

Addressing the Ashanti Regional House of Chiefs on Monday, June 10, Dr. Bawumia said the current monthly stipend of GH₵1,000 paid to paramount chiefs is insufficient.

“It is not going anywhere; it cannot even buy enough fuel to attend meetings," he stated.

In addition to living allowances for paramount, divisional chiefs and queen mothers, are also considered in his upcoming manifesto. Dr. Bawumia is advocating for chiefs to hold equity stakes in natural resources extracted from their areas.

"The resource, whether it’s a gold mine or whatever, when we find gold in your area, then you have a stake in it, an equity stake.

“The district assembly has an equity stake. Once you have an equity stake, you will not allow the land to be misused," Dr Bawumia told the gathering of traditional leaders.

Isaac Donkor Distinguished
Isaac Donkor Distinguished

News ReporterPage: IsaacDonkorDistinguished