September 18, 2019 2:55 PM
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Massive demo to hit Akufo-Addo in New York over Exton Cubic

Massive demo to hit Akufo-Addo in New York over Exton Cubic

File. A protesting group

A group called Ashanti Youth for Development has said that it will hold a demonstration against the president, Nana Addo Dankwa Akufo-Addo in New York over what it describes as the unfair treatment being given to Exton Cubic Company Limited in their quest to mine bauxite at Nyinahini.

The group said the demonstration will take place when the president attends the 72nd Session of the United Nations General Assembly from September 12 to 15, 2017.

The Akufo-Addo administration on Monday cancelled the bauxite mining lease awarded to the company.

The Ashanti Youth for Development group

A statement from the Ministry of Lands and Natural Resources said Exton Cubic failed to officially accept the offer given them in writing.

The statement also cited several irregularities in the award of the contract to Exton Cubic, a company Mr Ibrahim Mahama has links with.

“Section 13, subsection 6 indicates an approved application shall lapse if the applicant fails to accept the offer in a form stated in subsection 4,” the statement said.

President Akufo-Addo

“There is no record of an acceptance of the offer of the mining lease in writing by the company as mandatorily prescribed by section 13, subsection 4 of the act,” the statement added.

The statement further said the failure of Exton Cubic to obtain an “environmental permit, operations permit as well as various statutory infractions leading to the purported grant of the three mining leases to the company render the purported leases invalid and of no effect.”

“Please be informed in the event that you have not already been so advised that the company has no valid mining rights in the designated areas.The company is further advised to deists from entering the land under reference to prevent any further breaches.”

John Peter Amewu, Minister of Lands and Natural Resources

But the Communications officer of the Ashanti Youth for Development, Kwaku Asafo Agyei, told Accra-based Class FM that they will resist any moves by the government to frustrate local businesses.

The seized trucks of Exton Cubic Mining Company


“I can tell you as we speak, we are organising a demonstration … in New York to demonstrate to the whole world and the international community to know what this government is doing to our natural resources. We know the president will be going for his first UN General Assembly meeting and plans are far advanced in the United States of America for that demonstration,” he stated.

“We’ll stage another demonstration, too, locally in Ghana but we want to stage the American one first and then we’ll proceed from there. …We are funding the demonstration as Ghanaians who support indigenous companies and we won’t sit down for local companies to collapse for foreign companies to survive,” he added.




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