The current SML contract, according to the CSOs, has diverted millions of Ghanaian cedis into private hands without offering the nation enough advantages.Vacation packages

They genuinely think that terminating this contract will assist in restoring public confidence in financial management and successfully seal a significant revenue leak.

Third World Network-Africa (TWN-Africa), iWatch Africa, Revenue Mobilization Africa (RMA), the Natural Resource Governance Institute (NRGI), the Ghana Anti-Corruption Coalition (GACC), the Africa Centre for Energy Policy (ACEP), the Institute of Energy Security (IES), the Center for Extractives and Development (CEDA), and IMANI Center for Policy and Education, Human Environment and Livelihoods Platform Foundation (HELP Foundation Africa). are among the CSOs.

“Your Excellency, the Coalition stands ready to support your administration in implementing reforms that enhance transparency, accountability, and efficiency,” the CSOs wrote in a letter to the President-elect on December 11. To this end, we respectfully present the following recommendations as critical priorities for your new administration:

“1. Terminate the Strategic Mobilization Limited (SML) Contract. The ongoing SML contract has diverted millions of Ghanaian cedis into private hands without delivering commensurate value to the nation. Terminating this agreement will seal a significant revenue leakage and restore public confidence in financial management practices.”

According to a report by citinewsroom.com, the CSOs urged the president-elect to abrogate the Agyapa Royalties agreement and reassess the Mineral Income Investment Fund (MIIF) Act.

“Abolish the Agyapa Royalties Deal and Review the Mineral Income Investment Fund (MIIF) Act. We urge your administration to permanently terminate the Agyapa Royalties Deal, which threatens Ghana’s mineral wealth and has faced widespread public rejection.”

Additionally, they pushed for changes in the energy sector and urged the president-elect to lessen political meddling in state-owned enterprises (SOEs) that work in this field.

“Limit political interference in State-Owned Enterprises (SOEs) within the energy sector, especially GNPC and Ghana Gas, to promote leadership stability and operational efficiency.

“Address persistent challenges in the energy distribution value chain, which have eroded sector performance and profitability.”

KA

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