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. Sofo, 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 the Act to guide in implementation of the Fund, posed a major challenge to the successful operation of the Fund.
The process towards building consensus and charting a roadmap for the development of these regulations is ongoing and urged the Board to support the process, Minister indicated.
The MDF Act, 2006 (Act 912) stipulates that for the proper administration of the Fund there has to be established a Governing Board, an Administrator, and Staff. It is in this regard that the Board is being inaugurated.
The Board chairperson, Madam Happy Edjeani speaking on behalf of the Board, thanked His Excellency, President Akuffo- Addo and the Hon. Minister for the confidence reposed in them and that the Board would live up to expectations.