News:
October 1, 2018
Parliament at the end of its emergency recall on Friday the 28th of September 2018 passed the Minerals Income Funds Bill 2018.
The Bill sought to establish an Act to manage the fund of the equity interest of the Republic from mining companies to receive minerals royalty and other related income from mining operations to provide for the management of the fund and related matters.
First Deputy Speaker Joseph Osei Owusu had to complain of waist pain when the House had to have extended sitting on Wednesday and Thursday closing beyond 6:00pm just to pass the Bill.
Minority Leader noted that Members of Parliament (MPs) can commend themselves because there were a lot of them who were back in their constituency when they were recalled for the emergency sitting.
“All of us had stayed very late to see to it that the business of government moves, I trust that we would all appreciated”, he said.
The Minerals Income Investment Bill 2018 is a very important Bill, that is going to present us with a new paradigm with respect to revenue that would accrue to the nation from minerals, the Majority Leader said.
By: Kwaku Sakyi-Danso/ghanamps.com