Instead of investing in Agriculture, they are channeling GHC 4.6 billion into galamsey operations – Afenyo-Markin

The Ghana Gold Board Bill 2025 has drawn attention to the gold industry. It aims to regulate the sector and allocates GH₵4.6 billion for its operations.

Minority Leader Alexander Afenyo-Markin is leading the debate. He questions if the Gold Board meets the country’s economic needs.

He stated, “Instead of investing in agriculture and women’s banking, they are channeling GH₵4.6 billion into galamsey operations.”

The government claims this move will improve transparency in gold trading. However, a key question remains—who will truly benefit?

Concerns arise about Ghana’s economic priorities beyond illegal mining. With inflation rising, youth unemployment increasing, and small businesses struggling for credit, many believe this money could address these urgent issues directly.