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We don’t need a Committee to rescue the Cedi but a new government to rescue the nation -Hon. Okudzeto Ablakwa

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The Government of Ghana through the Finance Ministry has established a Forex Development Committee that will look into policy measures and interventions to prevent the recurring depreciation of the cedi from assuming the impact of the central bank.

The establishment follows a promise made by the Finance Minister, Ken Ofori Atta in 2019 that government would establish a bi-partisan committee to investigate the structural causes of the cedi depreciation and propose adequate measures.

The membership of the committee, however, is drawn from the Office of the Vice President, Bank of Ghana, Agriculture Ministry, Ghana Union of Traders Association (GUTA), Association of Ghana Industries, some universal banks among other key stakeholders.

The Deputy Finance Minister, Charles Adu-Boahen, speaking at a press briefing in Accra to inaugurate the committee explained that the mandate of the committee is to review the current Forex (FX) regime, offer workable alternatives by way of policy interventions which potentially would reduce FX risks in the economy and also identify the inherent constraints in the system.

“The FX Development Committee which is chaired by the Finance Minister, Ken Ofori-Atta is also to critically look at the role of automation and digitization as a critical enabler of FX reforms,” he said.

The member of parliament for North Tongu constituency in the Volta Region who is also a Ranking Member, Committee on Foreign Affairs Samuel Okudzeto Ablakwa has said a 40 member FX development Committee to rescue the cedi depreciation is not what is needed at the moment but rather an entire new government is what we need to rescue the nation.

Below is what he posted on his Facebook page.

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Video: Bawumia shouldn’t contest for NPP flag bearer-ship to save his life – Prophet Kofi Amponsah – ghanapublisher.com

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Prophet Kofi Amponsah, the leader and the founding President of House of Ezra Prayer Center Worldwide Ministry in Asonomaso Nkwanta in the Ashanti Region has given a shocking revelation on the vice president of Ghana, His Excellency Dr. Mahamadu Bawumia.

In a video cited by ghanapublisher.com, the prophets is seen saying without mincing words that, the vice president should avoid showing interest in the 2024 NPP Flag bearer-ship contest if he wants to have a long life.

In recent activities regarding who succeeds the president in NPP in 2024 elections, a lot of wranglings has started happening in the NPP with  faction creation in the party on the side of some stalwart like Dr. Bawumiah, Alan Kyeremateng and Dr Afriyie Atoko with breaking the 8 agenda as proposed by the NPP party.

Watch the video below

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Breaking the eight (8), NPP must be guided by history – Sir Obama – ghanapublisher.com

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After the overthrow of Dr. Kofi Abrefa Busia’s government on 13th January, 1972, the Danquah-Dombo-Busia tradition began to have its own internal problems: Two heavyweights – Victor Owusu and William Ofori-Atta (hereafter referred to as Paa Willie), high profile members of the Busia-led Progress Party (PP) of the 2nd Republic had difficulties in regrouping to launch a party to “fight” the 1979 presidential and parliamentary elections.

Differences emerged amongst them prior to the formation of a distinct political party to contest the election. Majority of the group led by Victor Owusu, a renowned lawyer and a former Attorney-General under Busia’s government formed the Popular Front Party (PFP) and became its flagbearer. (He garnered 70 votes as against his main contender, Alhaji Yakubu Tali’s 36 who became his running-mate in their internal election. Other aspirants in that contest were; Dr. Kwame Safo-Adu, J.H. Mensah (senior minister under Kufuor’s government), Kwesi Lamptey, Saki Schek, A Chinbua and B.D. Addae.)

Ironically, personalities such as Dr. Obed Asamoah, Sam Okudzeto (Council of State Member), E.R. Madjetey, etc who belonged to Komla Gbedemah’s National Alliance of Liberals (NAL) who were in opposition to the Progress Party in the 2nd Republican Parliament formed the United National Convention (UNC) and settled on Paa Willie who had almost retired from active politics as its flagbearer.

The UNC, apart from having some NAL elements as its core members, also had “new faces” like General Amankwaa Afrifa (a former military Head of State), Peter Ala-Adjetey (a former Speaker of Parliament under Kufuor), the venerable Harry Sawyerr (former Minister of Education under Rawlings), vintage Adu Boahen (first presidential candidate of the NPP) among others who were “not known or active members” of the Progress Party of the 2nd Republic. The animosity between the PFP and UNC kept widening by the day.

Alhaji Imoru Egala, founder of the People’s National Party (PNP), a chip of Kwame Nkrumah’s CPP block took advantage of the Danquah-Dombo-Busia tradition’s woes and sponsored the candidacy of Dr. Hilla Limann to contest the election. He (Egala) was then serving a 12-year ban imposed by the Supreme Court which prohibited all CPP appointees in the first Republic from holding public offices.

The stage became ripe for the conduct of the September 18, 1979 election: there were 140 Parliamentary seats and ten (10) presidential candidates on the ballot paper. At the end of voting, none of the presidential candidates met the constitutional requirement of fifty percent plus one vote (50%+1) pushing the election into a runoff. Below is the list of candidates and their percentage score of the total valid votes cast during the first round:

1. Hilla Limann- People’s National Party [PNP]=35%

2. Victor Owusu- Popular Front Party [PFP]=29%

3. William Ofori Atta- United National Convention [UNC]=17%

4. Frank Bernasko- Action Congress Party [ACP]=9%

5. Ibrahim Mahama- Social Democratic Front [SDF]=3.72%

6. John Bilson – [Third Force Party]=2.75%

7. R. P. Baffour -[Independent]= 0.49%

8. Kwame Nyanteh- [Independent]=0.47%

9. Mark Diamond Addy- [Independent]=0.33%

10. Imoru Ayarna- [Independent]=0.27%

As stated above, the election was forced into a runoff on 8th July, 1979 between the first two leading candidates – Dr. Hilla Limann of the People’s National Party (PNP) and Victor Owusu of the Popular Front Party (PFP).

In a dramatic and bizarre fashion, the UNC elements, under the leadership of Paa Willie threw their support behind Dr. Hilla Limann(an Nkrumahist) to win the second round election with a whooping 62% of the valid votes. All efforts by the PFP leadership to get their breakaway brothers to support them fell on death ears.

The Danquah-Dombo-Busia tradition, due to internal wrangling, at this stage had sold its “precious jewellery” to the PNP at a “wholesale price”. A simple arithmetic of the results in the first round between the PFP (29%) and UNC(17%) should help one to appreciate the drift. Victor, as the flagbearer of the Danquah-Busia front, would have garnered at least 46% and this would have made it easier for him to win in the second round. This explains why Victor Owusu is mostly described as “Ghana’s President Who Never Was.”

The results of the parliamentary election were quite interesting: Limann’s PNP secured 71 seats as against Victor’s PFP – 42, Paa Willie’s UNC-13, Col. Bernarsko’s ACP-10, Ibrahim Mahama’s SDF-3, Third Force Party-0, with 1 Independent. Near Hung Parliament, it was, akin to the 8th Parliament of the 4th Republic – no overwhelming majority seats in the august House. It’s also obvious from the forgoing figures that PFP was far popular than the UNC.

MORAL LESSON: even before president Akufo-Addo is done forming a government for his second and last term, there are already calls for his successor ahead of the 2024 election. Notable among the list of flagbearer aspirants are the sitting Vice President, H.E. Dr. Mahamoud Bawumia and Trade Minister, Alan Kwadwo Kyeremanteng.

Unfortunately, the campaign methodology adopted by ‘apologists’ of these two disguised politicians in the media, particularly on social media has regrettably been pernicious. Civility and decorousness appear to have been thrown to the wind. This should be a cause for worry to all true lovers of the party who want us to break the eight years cycle.

It’s against this backdrop that I appeal to the rank and file of the NPP to be guided by the past. Let’s remember the 1979 historical facts, juxtapose it to the 2007 Legon Conference with 17 flagbearer aspirants which led us into opposition in 2008 as we campaign for our preferred candidate/successor for H.E. Nana Addo Dankwa Akufo-Addo.

Let’s not lose sight of the fact that, our (NPP) ability to “Break The 8” depends on two things: the government’s performance in its second term and how we (rank and file) conduct ourselves during, before and after our internal elections. Circumspection, tolerance, respect and self-restraint are critical necessities at this stage. We can’t afford to compromise these virtues. Nothing more, nothing less! Have a good day.

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Forget 2024 without Bawumia as flagbearer – NPP Northern Regional Chairman- ghanapublisher.com

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The 5 Northern region Npp supporters Chairman, Chairman Addrisu Atta has urged the ruling New Patriotic party (Npp) to let the current Vice President of Ghana H.E Dr. Mahamadu Bawumia to lead the Party in 2024.

Is not that am a Northerner that is why am canvassing for the vice president to become the Flagbearer of the party in 2024 but the message is clear “he said”

With an interview with Konfanko tv, he said, the reason is simple when you look at NPP, our tradition is Danquah, Busia and Dombo. Now it is the turn of the Dombo’s to lead. This will clear the perception that NPP is Akan Party. We have big trust in Dr. Bawumia to be a good President. He has done a great job for Government and even the NPP 2020 Campaign. How he increased the Northern votes is a sign that if he leads the NPP, there is no doubt that the NPP can win again in 2024 to stay in Power if Dr.Bawumia leads NPP”.

He emphasize that,the party stands a better chance of winning the 2024 Presidential election should Dr. Mahamadu Bawumia who is from Dombo tradition leads the party.

However, Chairman Rambo added that, It is time for the NPP and the entire country regardless of your tribe to unite and support Dr. Bawumia to continue the good work of Nana Akufo Addo who brought him to serve as his vice president, if Dr. Bawumia becomes the President, His win will bring unity because many people think a Muslim cannot lead NPP so it is time to change this perception.”

 

Source: www.ghanapublisher.com

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