Justina Nelson, the Chief Executive Officer of the Minerals Income Investment Fund (MIIF), has expressed confidence that the fund will build on its 2025 gains to deliver stronger results in 2026, citing improved strategies and rising mineral royalty inflows.
Speaking during an engagement with editors from leading media organisations, Nelson pointed to a significant increase in royalties, which rose to GHc5.43 billion in 2025 from GHc3.91 billion in 2024.
“Based on the strategies in the previous year, we are very sure of moving to higher levels this year,” she said.
The meeting, described as the fund’s first formal forum with editors, aimed to deepen media understanding of MIIF’s operations while addressing public concerns and misconceptions.
Discussions covered the fund’s legal framework, including Act 978 and its amendments under Act 1137, as well as its 2026–2028 strategic plan and investment mandate.
Nelson said the engagement also provided an opportunity to counter what she described as misinformation in sections of the media.
“There is a need to use the opportunity to clarify issues on amendments of Acts 978 and 1137, and also correct some misconceptions about some mineral royalties and strengthen ties between the media and the Fund,” she said.
She encouraged journalists to seek clarification from the fund when in doubt, noting that closer collaboration would improve public understanding of MIIF’s role in managing Ghana’s mineral wealth.
Charles Benoni Okine, Director of Corporate Affairs and External Relations, said the forum was intended to shed light on aspects of MIIF’s work that are often misunderstood.
He urged editors to verify information with management before publication. “The forum would bring to the limelight aspects of our work that are not clear to journalists,” he said.
On the legal and operational front, Tuinese Edward Amuzu, Head of Legal at MIIF, said royalties from manganese and quarry operations recorded increases in 2025, attributing the growth to more frequent and effective monitoring.
Meanwhile, Kwabena Barning, Chief Technical Officer, reiterated the fund’s mandate as a sovereign vehicle designed to maximise the value of Ghana’s mineral resources.
He said MIIF is tasked with “maximising the value of income due to the Republic from mineral wealth” while ensuring revenues are managed in a beneficial, transparent, accountable and sustainable manner.
Barning added that the fund also plays a role in reducing Ghana’s exposure to fluctuations in mineral revenue, a key factor in stabilising public finances.
The engagement comes as MIIF positions itself to expand its strategic investments and strengthen oversight within the mining sector, amid growing expectations for resource-backed economic growth.
info@businessghana.com
