Connect with us

News

‘Akufo-Addo Chiefs’ Are Intimidating Us for Criticizing Government – Kwakye Ofosu

Published

on


Former Deputy Minister for Communication Mr. Felix Kwakye Ofosu has alleged that, some chiefs are intimidating critics of the government for bad governance.

He says Chiefs who have developed the habit of intimidating people who speak against the Akufo Addo’s government must put a stop to it.

According to Mr. Kwakye Ofosu, nothing will stop people like himself from continuing to criticize the current government.

“We are not going to be intimidated by Chiefs who support Akufo-Addo’s bad government. It can never happen and to those Chiefs who have been making such comments, I will plead with them to stop it”, he told Power FM in an interview monitored by MyNewsGH.com.

READ ALSO  Alarming: Cost Of Treating Water Jumps From ¢7,000 To ¢80,000 Due To Galamsey – Prez Akufo-Addo

The Former Deputy Minister is of the view that there are things under this current government are not going on well which people need like him to speak freely without being harassed or threatened.

Mr. Ofosu Kwakye also accused President Akufo-Addo for being the brain behind Chiefs who intimidate people who speak against his ‘bad’ government.

“We have to speak against it because it is something that is destroying the country. If he thinks he can intimidate some of us in this country then he is wrong. Akufo Addo is wasting the country’s money. However, if he thinks he will intimidate some of us who speak against his government then he should rethink about it because it will never happen”, he cautioned.

READ ALSO  “2022 WASSCE Results Prove Free SHS Is Working Well” – President Akufo-Addo

Kwakye Ofosu thinks that, every individual Ghanaian has a stake in the country’s governance hence nobody should be prevented from exercising his political freedom.

 

Source: theGhanaianvoice.com  

 



Source link

News

Ghanaians Berate Bank Of Ghana After Announcement Of New GH¢1 Coin With Security Upgrades

Published

on


The Bank of Ghana (BoG) has announced an upgrade to the GH¢1 coin with some enhanced security features.

“The upgraded GH¢1 coin is bi-metallic with an outer gold and inner silver. The coin has a pronounced rough edge and incorporates a latent image, which appears in a rectangular form below the Scale of Justice at the back,” parts of a statement issued by the BoG read.

Ordinary, this announcement should be welcomed news to Ghanaians because it will help prevent fraud and help ensure that the country’s currency is secured.

READ ALSO  No Alan No Vote – Supporters of Trade Minister In N/R Declare

But Ghanaians on social media are not taking the announcement of the new GH¢1 coin, which will be in circulation from Monday, December 12, 2022, well.

Some Tweeps have been questioning the time of the move by the BoG and the amount it might have cost the country, given the current economic hardships.

“Useless people, how much will this cost us huh? as for Nana Addo the least said about him the better,” one Twitter user wrote.

READ ALSO  CPP Gives Government A 3-week Ultimatum To Refund Monies Collected From Ghanaians

Some also said that the BOG should focus on stabilising the value of the Ghana cedi rather than issuing new currencies.

“Under Akufo Addo our currency has depreciated badly n he has introduced new denominations new features on our currency n wiping out some…what development paaa will this bring to the nation, of what benefit is this…Total waste,” another Ghanaian wrote.

View more reactions of Ghanaians to the BoG’s announcement below:

READ ALSO  Alarming: Cost Of Treating Water Jumps From ¢7,000 To ¢80,000 Due To Galamsey – Prez Akufo-Addo





Source link

Continue Reading

News

Government Might Have Over-Borrowed – John Kumah Admits

Published

on


The Deputy Finance Minister, Dr John Kumah, has conceded that government might have over-borrowed in its quest to transform the economic fortunes of the country.

According to him, it is not wrong for a nation to accrue debt in its developmental journey, however, borrowing must be done judiciously.

When asked on Joy FM’s Super Morning Show to give an example of a flawed initiative of the government, Dr Kumah said, “Maybe the levels of borrowing have been too much and that could be one of the areas.”

READ ALSO  Akufo-Addo Has No Vision On How To Manage The Economy - NDC's Gabriella Tetteh

“Maybe we should have looked at more alternatives at financing our various programmes but of course, every nation is built on debt, it is what you do with it and what happens [that matters],” he said on Monday.

In government’s defence, the Deputy Finance Minister said the borrowing was done in the interest of Ghana until Covid-19 sent all plans downhill.

“I know we are where we are because, if you borrowed in 2017, 2018 and 2019, $3 billion of investment each year and you were expecting the returns after 2020 and Covid-19 struck, and brought your economy to almost zero, it means that you are already in a very difficult situation.

READ ALSO  AFCON 2021: National Teams Full Squads Of Group A

“So this is the reality of what happened, it’s not like we borrowed and did things that didn’t benefit the country,” he said on Wednesday.

Ghana is currently experiencing a debt distress. This has forced the country to launch a Domestic Debt Exchange programme as a solution to the current economic woes, while it pursues a lifeline support from the IMF.



Source link

READ ALSO  I Am No Longer A Member Of "Unbeneficial" GBA - Speaker Bagbin

Continue Reading

News

Commitment to Building Modern Railway Infrastructure Unwavering- President Akufo-Addo

Published

on


President Akufo-Addo has stated that his administration’s commitment to building modern railway infrastructure across the length and breath of the country is unwavering and it remains a top priority of his administration.

He gave this assurance on Tuesday 6 December 2022, when he addressed the Chief, Elders and people of Afienya in the Greater Accra Region at the commissioning ceremony of the 900 meters road over bridge constructed as part of the construction of the Tema to Mpakadan railway line.

The Tema to Mpakadan railway line is a 97 km line which is the first section of the Ghana- Burkina Faso interconnectivity railway project.

“I want to reaffirm my commitment and determination to provide an enabling environment and support for the development of a modern r system that will not only benefit the current generation but also generations yet unborn.

READ ALSO  Today’s Newspaper Headlines: Tuesday, March 22, 2022

“I would like to put on record that in the last five years of my administration, more construction activity in the railway sector has gone on than in any period since independence” President Akufo-Addo said.

“We have laid a solid foundation which will receive an even greater impetuous by the end of my tenure in 2025. My commitment to the development of a new modern standard railway network is unwavering” Akufo-Addo added.

Project completion timelines

In his address, President Akufo-Addo, noted that before attending the commissioning ceremony, he stopped over to inspect work on one of eight stopping points being constructed as part of the 97km Tema Mpakadan railway line.

He noted that the project consultant has assured him that the project will be completed by the first quarter of 2023 (March 2023).

READ ALSO  AFCON 2021: National Teams Full Squads Of Group A

“The project [Tema to Mpakadan railway line], will address the imbalance between transport routes for long distance transit and domestic freight movements from Accra-Tema Northwards and vise versa using the Volta lake transport system” President Akufo-Addo said.

“Not only will increase transit cargo volumes through the lake, but it will also expand domestic shipments to and from the lake and it will serve as a boost for agriculture enterprises within the environs of the lake” he added.

Poised to deliver

The Minister for Railway Development John Peter Amewu, in his brief statement noted that the Railways Ministry is poised to deliver railway infrastructure across the country for the use and benefit of the people of Ghana.

“This project is a clear witness of where the money government continues to borrow goes to.

READ ALSO  On Ghana's Economy: President Akufo-Addo To Address The Nation On October 30

“Government on its own generation its own resources but as a result of infrastructure deficit, it is necessary for government to look beyond and that is why government continues to borrow.

“Most of the borrowing undertaking by this government are borrowing that goes into development as we are witnessing” Peter Amewu said.



Source link

Continue Reading

Trending

%d bloggers like this: