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MIIF Records GH₵5.43bn Mineral Royalties in 2025, Highest Ever

Ghana’s MIIF posts record GH₵5.43bn in mineral royalty inflows in 2025, driven by stronger compliance and improved oversight in the mining sector.

Prince Agyapong
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Monday, 20 April 2026
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MIIF Records GH₵5.43bn Mineral Royalties in 2025, Highest Ever

Ghana’s Minerals Income Investment Fund has reported a record GH₵5.43 billion in mineral royalty inflows for 2025, marking the highest collection in the Fund’s history.

The figure represents a 10.8 percent increase over the GH₵4.91 billion recorded in 2024, highlighting improved compliance and strengthened oversight within the mining sector.

Chief Executive Officer Justina Nelson described the performance as a reflection of institutional discipline and enhanced revenue mobilisation efforts.

“I am pleased to report that the Fund recorded total mineral royalty inflows of GH₵5.43 billion, the highest in MIIF’s history.” - Chief Executive Officer Justina Nelson

Speaking at a Civil Society Organisations roundtable in Accra, Ms Nelson attributed the growth to improved enforcement mechanisms and strategic oversight.

According to her, “disciplined enforcement, strategic oversight and strong institutional commitment” have been key drivers behind the gains, signalling a shift toward more efficient management of mineral revenues.

Currency Appreciation Impact

Despite the strong performance, the MIIF boss noted that the appreciation of the Ghana cedi had moderated the local currency value of mineral revenues.

“Had the projected rate prevailed, royalty inflows would have been substantially higher. Nonetheless, delivering GH₵5.43 billion remains a remarkable achievement.” - Chief Executive Officer Justina Nelson

The Fund also reported a strong start to 2026, with early revenue collections exceeding figures recorded during the same period last year.

Ms Nelson credited ongoing collaboration with the Ghana Revenue Authority and internal reforms, including enhanced compliance and risk management systems, for the improved outlook.

“With confidence, I can say that MIIF has entered 2026 from a position of strength,” she noted.

The Fund reaffirmed its commitment to transparency, accountability, and stakeholder engagement, emphasising the importance of ensuring that Ghana’s mineral wealth translates into long-term national development.

The latest performance further cements the mining sector’s role as a critical pillar of Ghana’s public finances, even as reforms continue to strengthen governance and maximise returns.

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