The Hon. Minister, Kwaku Asomah-Cheremeh has inaugurated an Eleven (11) member Governing Board for the Minerals Development Fund (MDF).
Members of the Board include Esther Happy Edjeani (Chairperson), Prof. Patrick .K. Agbesinyale Addae Antwi-Bosiako, Daud Sulemana Mahama, Christiana .E. Bobobee, Kwame Addo-Kuffour, Daasebre Kwebu Ewusi VII. The rest are Ellen Ama Daaku, Frank A.N. Osofo, Fredua Agyeman and Eva Peace Mends.
The Hon. Minister who inaugurated the Board said for the Period that the Fund had been in Operation, it had been observed that the absence of regulations to guide implementation of the fund Act, posed a major hurdle to successful operation of the Fund.
The process towards building consensus and charting a roadmap for the development of these regulations is ongoing and I urge the Board to support the process, Minister indicated.
The MDF Act (912) stipulates legally for a Governing body, an Administrator, and other staff making a corporate body to manage the fund.
Board chairperson, Madam Happy Edjeani speaking on behalf of the Board, thank President Akuffo- Addo and the Hon. Minister for the confidence reposed. She assured that the Board would live up to expectations.