The Ghana Integrated Aluminium Development Corporation (GIADEC) has debunked media reports claiming that the government plans to award bauxite concessions at Nyinahin to businessman Ibrahim Mahama, the brother of President John Dramani Mahama.
In a statement made available to Metro TV, GIADEC described the claims as false and misleading, stressing that “no such plan exists.”
“The Ghana Integrated Aluminium Development Corporation (GIADEC) has taken note of a publication claiming that the Government of Ghana intends to grant bauxite concessions in Nyinahin to Mr. Ibrahim Mahama. GIADEC unequivocally refutes this allegation,” the statement said.
GIADEC explained that under the vision of President John Dramani Mahama to reposition Ghana to fully benefit from its natural resources, executive approval was granted for the corporation to hold leases over all known bauxite reserves in the country.
“Approval was given for GIADEC to hold leases over all known bauxite reserves in the country,” the corporation noted, adding that this was intended to give GIADEC “a strong footing to carry out its mandate and to attract the right investments and partnerships for the sector.”
According to GIADEC, it secured six mining leases over bauxite concessions, including Nyinahin, in June 2025. These leases are currently awaiting parliamentary ratification.
“In line with this Executive approval, in June 2025, GIADEC obtained six (6) mining leases over bauxite concessions including the Nyinahin concessions. These leases are currently before Parliament for ratification,” the statement said.
GIADEC further emphasised that under the government’s new policy direction, bauxite concessions will remain under the control of the corporation, not private individuals.
“Under the new policy of the government, bauxite concessions shall remain with GIADEC as the leaseholder,” the statement stressed, adding that steps are being taken to ensure this arrangement remains in place “even long after the President’s tenure ends.”
The corporation cautioned the public to disregard reports suggesting otherwise.
“Any publication suggesting that the Government plans to grant bauxite concessions to any individual is false and should be treated as such,” GIADEC stated.
