{"id":120796,"date":"2026-05-26T13:11:01","date_gmt":"2026-05-26T13:11:01","guid":{"rendered":"https:\/\/sotnews.agency\/?p=120796"},"modified":"2026-05-26T13:11:01","modified_gmt":"2026-05-26T13:11:01","slug":"pushing-for-100-state-ownership-of-mining-is-risky-dr-adu-owusu-sarkodie-warns-3","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=120796","title":{"rendered":"Pushing for 100% state ownership of mining is risky \u2013 Dr Adu Owusu Sarkodie warns"},"content":{"rendered":"
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Economist Adu Owusu Sarkodie has cautioned against calls for full government ownership of Ghana\u2019s extractive resources, arguing that such a model could create operational and management challenges if not properly structured.<\/p>\n

Speaking at the JoyBusiness Roundtable discussion on the theme, \u201cTo Nationalise or Transform: Rethinking Ghana\u2019s Approach to Gold Mining, Oil and Critical Minerals,\u201d Dr. Sarkodie said a balanced approach that combines state participation with private sector involvement would better serve Ghana\u2019s long-term interests.<\/p>\n

According to him, while increasing national benefits from natural resources remains important, moving entirely toward state ownership carries significant risks.<\/p>\n

\u201c100 per cent government ownership is very risky. Our management is questionable because politicians will employ party foot soldiers, so a state ownership and private management is okay,\u201d he stated.<\/p>\n

Dr. Sarkodie explained that public-private participation could help protect efficiency, maintain investor confidence and ensure that the sector remains competitive while still delivering value to the state.<\/p>\n

He stressed that Ghana\u2019s focus should be on building governance structures and accountability mechanisms that maximise national benefits rather than concentrating solely on ownership.<\/p>\n

The economist noted that attracting investment, preserving operational efficiency and ensuring transparency must remain central to discussions on the future of Ghana\u2019s mining, oil and critical minerals sectors.<\/p>\n

His comments add to the broader national conversation on how Ghana can increase local benefits from natural resources without undermining investment and productivity.<\/p>\n<\/div>\n

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Economist Adu Owusu Sarkodie has cautioned against calls for full government ownership of Ghana\u2019s extractive resources, arguing that such a model could create operational and management challenges if not properly structured. Speaking at the JoyBusiness Roundtable discussion on the theme, \u201cTo Nationalise or Transform: Rethinking Ghana\u2019s Approach to Gold Mining, Oil and Critical Minerals,\u201d Dr. [\u2026]<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12,1978,2004,10,9],"tags":[],"class_list":["post-120796","post","type-post","status-publish","format-standard","hentry","category-business","category-hp-business-1","category-mining","category-politics","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/120796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=120796"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/120796\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=120796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=120796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=120796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}