MIIF’s Mineral Royalty Inflows Surge to GH₵5.43Billion in 2025

The Chief Executive Officer of the Minerals Income Investment Fund (MIIF), Justina Nelson, has announced that the Fund recorded GH₵5.43 billion in mineral royalty inflows in 2025—the highest since its establishment.

She made this known at the maiden Editors’ Forum held in Accra on Wednesday, as part of efforts to deepen transparency and strengthen engagement with the media.

According to Mrs. Nelson, the 2025 performance represents a 10.8 per cent year-on-year increase over the GH₵4.9 billion recorded in 2024, attributing the growth to disciplined enforcement, strategic oversight, and strong institutional leadership.

“This performance is the outcome of disciplined enforcement, strategic oversight, and firm institutional resolve,” she stated.

Despite a significant appreciation of the Ghana cedi against major trading currencies—particularly the US dollar—during the year under review, the Fund still achieved record inflows.

She noted that while the 2024 projection placed the exchange rate at GH₵17 to US$1, the year closed at approximately GH₵11 to US$1, which impacted potential earnings.

“Had the projected rate prevailed, royalty inflows would have been significantly higher. However, we still delivered GH₵5.43 billion, a record performance since the Fund began operations,” she explained.

Mrs. Nelson described the results as a reflection of the resilience and strength of Ghana’s mineral revenue framework.

The CEO also highlighted reforms within the Fund, including strengthened internal control systems and staff training aligned with amendments to the Public Procurement Act and the Public Financial Management Act.

She said these measures have enhanced compliance and positioned the Fund for improved performance.

The Editors’ Forum, she noted, forms part of MIIF’s structured stakeholder engagement strategy and is aimed at improving public understanding of the Fund’s mandate and operations.

She explained that the engagement would also provide clarity on amendments to the Minerals Income Investment Fund Act, 2018 (Act 978), as amended by Act 1137, while addressing misconceptions and promoting accurate reporting on mineral royalties.

Mrs. Nelson reaffirmed MIIF’s commitment to transparency, accountability, and responsible stewardship of mineral revenues.

“Our mandate remains unequivocal: to transform resource revenues into long-term financial assets that benefit both present and future generations,” she said.

She expressed confidence that the Fund has entered 2026 from a position of strength and remains focused on ensuring that Ghana’s mineral wealth delivers sustainable value for the country.