President John Dramani Mahama has urged ECOWAS member states to adopt elements of good governance in leveraging their mineral and petroleum potential, to maximise their contribution to sustainable development.
He said because ECOWAS countries depend on minerals for their development, there is the need to enhance transparency.
Speaking at the opening of the 1st ECOWAS Mining and Petroleum Forum and Exhibition in Accra, President Mahama, said the significant mineral resources that the African Continent is endowed with, should be the bedrock for propelling mineral producing countries into accelerated broad-based development, spanning the macro to micro levels.
President Mahama, whose speech was read on his behalf, explained that the extractive sector has the potential to markedly improve its sustainable contribution if properly managed within a framework by which it is more fully integrated with the rest of the economy.
