Home / Politics / Mahama Announces Bill to Require Parliamentary Approval Before Sale of Public Assets

Mahama Announces Bill to Require Parliamentary Approval Before Sale of Public Assets

President John Dramani Mahama has announced plans to introduce a Divestiture of Public Property Bill that will require mandatory parliamentary approval before any public asset — including government lands — can be sold, transferred, leased or privatised. The move, he said, is aimed at strengthening accountability and preventing the disposal or mortgaging of state assets without public oversight.

Speaking during an engagement with the Ghanaian diaspora in Lusaka, Zambia, on February 3, 2026, President Mahama emphasised that no public land transaction would be processed by the Lands Commission without Parliament’s ratification. He added that once passed, the legislation would subject all proposed divestitures of state property and enterprises to parliamentary scrutiny, noting that the Tema Oil Refinery is currently operational and that he has directed the Attorney-General to begin drafting the Bill.

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