K2.3mil Ramu plea

Business

The Ramu NiCo project in Madang has urged church and women’s groups who are sharing the K2.3 million in royalities to use it wisely.
“Admittedly, the royalty is not as much as expected, basically because nickel and cobalt product are not as attractive as copper and gold, said Ramu NiCo management community affairs department general manager Martin Paining.
The K2,370,950 is the royalty being paid out to churches and women’s groups in Ramu NiCo’s project-impacted areas.