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“What Happens To The Remaining 90% If Ghana Gets Only 10% From Lithium Atlantic?” – Kofi Akpaloo Quizzes


Flagbearer of the Liberal Party Ghana, Mr. Kofi Akpaloo has waded into the recent debate and wild controversy surrounding Ghana’s exploration of Lithium by Australian affiliates Atlantic Lithium.

According to him, he has taken a critical look at the Atlantic Lithium contract and he can say for a fact that the deal has not been negotiated well enough to benefit the people of Ghana.

Explaining further, he revealed that the deal is offering Ghana only 10% of the royalties which is normal because royalties must be paid no what.

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However, what he doesn’t understand is the percentage of royalties Ghana will be getting from the remaining 90%.

Mr. Akpaloo further stated that according to the contract from the foreigner side, Ghana will be getting only 6% from the remaining 90% of the Ewoya Lithium exploration deal while foreigners walk away with a whopping 80% share of the deal.

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Furthermore, the LPG flagbearer said that looking at the meager share of percentage Ghana is getting from the exploration spearheaded by Lithium Atlantic, he would like to probe the government to make a proper negotiation that will benefit Ghanaian citizens.

Providing reasons on why he feels the contract should be well negotiated, he stated that a similar situation was witnessed when oil was discovered under Kuffour-led administration in 2008 and according to him, the oil negotiations have never served the interest of Ghanaians till date.

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