The Minister of Finance, Ken Ofori Atta, has appointed Deputy Minister of Energy, Dr. Mohammed Amin Adam has been appointed as Ghana’s Champion for Extractive Industries Transparency Initiative (GHEITI).
He is to lead the implementation of the EITI in Ghana.
The appointment of Dr. Mohammed Amin Adam is in fulfillment of requirements of the Extractive Industries Transparency Initiative (EITI) standards.
The regulation, amongst others requires all implementing countries to appoint a senior individual as a Champion to lead the implementation of the EITI.
Even though Ghana was among the initial wave of countries that acceded to the initiative having signed on in 2003, the country faced a potential suspension from the organization last year, following its failure to submit its annual report on commitments, and the fight against corruption in the country’s gold, oil and gas sectors.
At the time, information available to Citi Business News showed that the country had requested for a three month extension to allow the reports to be submitted by March 2018.
The challenge had also been due to financing constraints from the World Bank.
But Dr. Amin Adam’s appointment is expected to rectify all these issues and secure Ghana’s membership in the organization.
Dr. Mohammed Amin Adam is a world acclaimed energy expert, academic and former civil society leader with extensive work experience in the area of resource policy and governance in Ghana and abroad.
Before becoming the Deputy Minister of Energy, Dr. Amin Adam served as the Executive Director for the Africa Centre for Energy Policy (ACEP).
By: Pius Amihere Eduku/citibusinessnews.com/Ghana