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Apologise to Volta Region for misguided vote comment – Minority to Akufo-Addo

The Minority in Parliament has strongly criticised President Nana Addo Dankwa Akufo-Addo for his comments during a visit to the Volta Region following the damage caused by the spillage of excess water from the Akosombo dam.

During his visit, President Akufo-Addo asserted that he had visited to sympathize with the residents, regardless of whether they voted for the New Patriotic Party (NPP) or not.

However, his comments have been met with anger and disappointment from the Minority, who have accused him of being insensitive and divisive.

The Minority Leader, Dr. Cassiel Ato Forson, called on the President to apologize to the victims for his “misguided statement.”

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“It shows the government doesn’t really care that much about the people of Volta Region. On behalf of the people of Ghana, the National Democratic Congress Minority in Parliament wants to apologise to the people of the Volta Region for the statement made by President Nana Addo Dankwa Akufo-Addo.

“We consider that statement very unfortunate, and this statement should not come from the father of the land in times like this. It surprises us, and we are really disappointed in the statement coming from H.E. the President. We call on him to also apologise to the people of Volta Region, in particular for what he said,” he said.

Meanwhile, the General Secretary of the NDC, Fifi Fiavi Kwetey, also called on the government to compensate the victims of the spillage.

We came here to give some relief items to you and not leave you in need. We believe all the affected persons will benefit from this. We are of the view that the Volta Region Authority should have given notice to us prior to the spillage.

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“In some instances, the VRA should have ensured the spillage was done and did not affect communities and livelihoods. All we want the government to do now is to compensate the affected communities. Livelihoods, farms and houses have been affected and we want the government to see to the compensation of the affected persons,” Fifi Kwetey opined.

Source: Citinewsroom.com

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 GEXIM deepens relations with US EXIM Bank

A management team of the Ghana Export – Import Bank (GEXIM) led by the Acting Chief Executive, Sylvester Mensah met with the leadership of the Export–Import Bank of the United States (US EXIM) on Wednesday April 23, 2025 in Washington DC, United States of America.   

The Acting President and Chairman of US EXIM, Mr. James C. Cruse and Vice President, International Relations, Ms. Isabel Galdiz received the GEXIM delegation, which included Deputy CEO for Banking, Mr. Moses Klu Mensah and Head of International Cooperation, Mr. Jonathan Christopher Koney at the headquarters of US EXIM.

The meeting offered the GEXIM team the opportunity to share the strategic direction of the Bank in line with the resetting agenda of the President of the Republic, His Excellency John Dramani Mahama for the repositioning of the Ghanaian economy into an export-led one by providing the requisite investment to Ghanaian businesses.

Mr. James C. Cruse expressed US EXIM’s eagerness to deepen its existing relations with GEXIM and proposed the signing of a new Cooperative Framework Agreement following the expiration of a Memorandum of Understanding signed in 2019 to utilize US EXIM’s medium term loan guarantees to procure machinery by GEXIM for qualified Ghanaian Small and Medium-sized Enterprises (SMEs).  

Mr.Sylvester Mensah thanked the Acting President and Chairman of US EXIM for hosting the GEXIM delegation and reaffirmed the Ghanaian government’s commitment to strengthening trade and investment between Ghana and its global partners for economic transformation of Ghana with GEXIM playing a pivotal role.

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The two teams will be meeting on the sidelines of the 2025 US EXIM Annual Conference on 29th and April 30, 2025 to explore possible areas of collaboration and matching Ghanaian businesses to American companies. The meeting ended with an exchange of gifts.

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Many SOEs have been used as mere instruments for personal wealth accumulation –Pres.Mahama

President John Dramani Mahama has expressed concern over the misuse of State-Owned Enterprises (SOEs) for personal financial gain by individuals in leadership positions.

Speaking during a meeting with Chief Executives of specified entities under the State Interest and Governance Authority (SIGA) on Thursday, March 13, the President directly attributed the dire state of SOEs to their leadership, accusing chief executives, management teams, and governing boards of prioritising personal enrichment over organisational efficiency.

He pointed to bloated budgets, unjustified allowances, and unnecessary expenditures as factors draining public funds while SOEs continue to rely on government bailouts.

“Many SOEs have been used as mere instruments for personal wealth accumulation by appointees. The chief executives, management, and boards of these enterprises are responsible for this situation. Some SOEs have become perennial loss-makers, draining public funds with bloated budgets, unjustified allowances, and unnecessary expenditures while relying on government bailouts as if entitled to them. Many of these entities are at their lowest point in the entire history of the Fourth Republic,” he said.

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President Mahama further noted that many SOEs have been plagued by inefficiencies, corruption, and mismanagement, leading to consistent financial losses. He cited the 2023 State Ownership Report by the State Interests and Governance Authority (SIGA), which highlighted systemic inefficiencies and wasteful expenditures within these entities.

He therefore reaffirmed his commitment to reforming under-performing SOEs and ensuring they serve national interests.

He warned that loss-making SOEs will no longer be tolerated and will either be merged, privatised, or closed.

“I will assess you based on your performance. If you do not align with the pace of the reset agenda, you may be asked to step aside. If that adds to the horror movie, so be it,” he added.

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Source: Myjoyonline.com

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