PSALM 91
Whoever dwells in the shelter of the Most High. will rest in the shadow of the Almighty.
I will say of the Lord, “He is my refuge and my fortress, my God, in whom I trust.”
My deepest appreciation to all, for the enormous support and encouragement.
As counsel for Salomey Bafoh, I have been instructed by her family to take all necessary legal steps to secure her liberty.
We call on the Chief Justice, to as a matter of urgency, constitute the appropriate panel of the Court of Appeal to hear the matter.
The High Court yesterday refused to grant Salomey Awiti Bafoh bail.
While we respect the court’s decision, we disagree with the reasoning behind the ruling.
I addressed the media and explained the issues surrounding the case.
We will not relent in our efforts to ensure that we obtain justice for our Salomey Bafoh.
We intend to pursue the bail application before the Court of Appeal.
We sincerely appreciate everyone for the support, solidarity and concern shown since the commencement of this case.
ATTENTION:
CLARIFICATION ON COCAINE MANUFACTURING CLAIMS ON CITI FM:
IT IS CRUCIAL TO RECOGNISE THAT THE NPP IS A FORMIDABLE PARTY AND CERTAINLY LET NO ONE UNDERESTIMATE THE INTELLIGENCE AVAILABLE TO THE NPP
ATTN: Facts regarding the said EOCO Invitation:
The present arrest therefore appears to have arisen only after, I became vocal in the representation of Madam Salomey in the Ghana Jollof matter.
The use of state securities to intimidate and cause unwarranted arrests by this government needs to stop.
There is a country to be governed and this government needs to focus on doing that.
I stand by my earlier submission on @Citi973 that the current state of Ghanaian football is a matter of serious concern.
Football remains a source of immense pride and a unifying force for millions of Ghanaians hence needs to be given all the needed attention it needs.
Deeply concerned about Ghanaian football and national team direction. Calls for critical review of management, investment in structures, talent development, and restoring confidence.
Shared views in full interview on Citi FM’s Eyewitness News: https://t.co/vSGEgDkDfp
On Citi FM’s Eyewitness earlier today, I explained why the CID Director-General’s statement about Salomey Baffoe’s arrest (linked to the Ghana Jollof TikTok warrant) is doubtful.
No interrogation of my client has taken place with her lawyers present, and there is no court order.
The arrest of Salomey Awitty Baffoe is founded on lies and we won't sit down for her to be defamed by this government.
Whatever that needs to be defended in the public opinion would be duly defended, so people doesn't have a bad opinion about her when she is finally freed.
It is very sad and cruel for this government in their quest to arrest a certain Ghana Jollof they end up arresting innocent people.
Salomey has been abducted by this government because we have gone to all the police stations and she is nowhere to be found.
Over 3,400 constituents screened, over 200 lives transformed through free cataract surgeries.
What began as a promise on the campaign trail is today restoring sight, independence and hope across Manhyia South.
#ManhyiaSouth#RestoringSight#PromisesDelivered#BaffourAwuahCares
Yesterday, I joined the former NPP national chairman, Mr. Peter Mac Manu and his family, in mourning his deceased wife, Mrs. Alice Serwaa Manu.
Whilst we pray for strength and comfort for the bereaved family; we wish the deceased eternal rest.
A new week, another chance to serve and make a difference.
Focus remains clear: addressing priorities, creating opportunities, and building lasting progress for our people.
Public service means listening, acting, and delivering. Let’s each play our part.
Work is progressing steadily on our roads, and I am committed to ensuring that we get the quality our people deserve.
A better and safer road network for Manhyia South is taking shape.
Dear constituents, thank you for your patience and continued support.
Proudly joined His Majesty Otumfuo Osei Tutu II and the Asante community at Bowie State University, Maryland, to celebrate Akwasidae.
A proud moment honoring our rich heritage, culture, and unity on the global stage
Long live Otumfuo, long live Asanteman.
1. We were all there when SIGA, an agency that regulates state-owned or controlled businesses and parastatals, came and told us that state-controlled businesses have made incredible profits in 2025.
2. This was presented as a massive turnaround after years of losses.
3. Someone seemed to have forgotten that Ghana still has nerdy policy analysts who spend their lunch time poring over figures.
4. With the help of Tabula and Excel Power Query, we have taken the SIGA report to task.
5. Unfortunately, it simply doesn't hold up.
6. In fact, some of the findings are pretty bizarre.
7. The report as currently presented does not paint an accurate picture of affairs at state-controlled businesses in Ghana. It is replete with bizarre errors, misstatements, confusions, and flawed inferences. Especially when read against previous SIGA reports.
8. For example, the net loss for 2023 has been published in 3 different ways: GHS 2,573.2 million in the 2023 report, GHS 7,143.5 million in the 2024 report, and GHS 6,823.55 million in the 2025 report.
9. The net loss for 2022 has been published in 4 different ways. Revenue for 2021 has been published in 5 different five ways.
10. Total liabilities for 2021 appear as GHS135,883 million in the 2021 report, GHS172,043 million in the 2023 report, and GHS135,914 million in the 2025 report, a GHS36 billion excursion that appears and then vanishes.
11. These confusions make it really hard to make the comparisons across years that SIGA is trying to push us to do.
12. But when we do, we are forced to different, highly unflattering, conclusions. As follows.
13. State-owned businesses' underlying profitability declined in 2025. You heard that right. Contrary to what SIGA says, when you remove the currency effects (which as analyst @CallmeAlfredo stresses must be done for safe comparisons), net profit fell 17.1 per cent, operating profit fell 22.7 per cent, and the operating margin narrowed by three and a half percentage points between 2024 and 2025.
14. Basically, ECG went from exchange rate losses of GHS 8,837.71 million in 2024 to a gain of GHS 12,157.79 million in 2025. That swing: GHS20,995.50 million, is 95.2 per cent of the entire profit swing of GHS22,058.91 million that SIGA is celebrating.
15. Take exchange rate revaluations out and ECG’s operating result goes from a profit of GHS1.84 billion to a loss of GHS14.25 billion. Its operating cash flow moved from an inflow of GHS6.51 billion to an outflow of GHS12.54 billion, a swing of GHS19.05 billion in the wrong direction, while the company took in GHS20.44 billion of new financing to stay afloat.
16. Only $1.4 million in dividends were realised from the 53 fully state-owned enterprises in 2025. The dividend tally actually fell by 45.5% in 2025, compared to 2024. Celebrating "profits" when dividends are crashing?
17. Moreover, the celebrated turnaround is being measured against a baseline that was reduced by three-quarters between editions, using a ratio whose definition changed at the same time. Neither adjustment was disclosed.
18. In simple terms: SIGA told us that a loss of GHS 2.26 billion in 2024 switched into a profit of GHS19.80 billion in 2025. But as everyone now knows, if you ignore the currency revaluations, profit actually fell from GHS9.75 billion to GHS8.08 billion, a decline of 17.1 per cent.
19. (By the way, the "976%" improvement from 2024 to 2025 that has been reported is totally meaningless. One can't use a percentage incremental when swinging from below zero - negative - to positive).
20. SIGA’s published cost figure for 2021 is wrong by GHS 50.9 billion. Instead of GHS 54.04 billion, GHS 104.97 billion is used. The wrong number is replicated from the 2023 figure. This crazy error is presented as evidence that State companies are becoming more efficient at covering their costs. The published series thus climbs from 0.54 in 2021 to 1.17 in 2025 to underline the success story. If corrected, 2021 was already 1.04. Most of the "improvement" is from a pure mistake.
21. (The craziest thing is that this is not a one-off. In all five SIGA reports from 2021 to 2025, the earliest year's cost figure is an exact copy of the figure two years later in the same table. And it is not confined to that table: the 2025 report duplicates cells in its mining chapter and its joint-venture chapter too, at different intervals. These are not typos. Something messed up seems to be going on.)
22. The other strange thing is how SIGA fails to explain how equity dropped by a whopping GHS 12.69 billion in 2025 creating an inexplicable GHS 32.49 billion gap from the profit line. Even as net worth has been reported as rising for the three previous years of losses. So somehow the net worth of the businesses that has been rising during the years of losses suddenly drops when humongous profits show up?
23. Another bizarre issue is that the 2024 report says State businesses lost GHS 9,675.43 million that year and reported a return on equity of minus 8.5 per cent. The 2025 report says the loss in 2024 was GHS 2,259.15 million. GHS 7.42 billion of losses disappeared like smoke. With zero explanation.
24. Apart from the currency revaluations, SIGA also booked GHS 4,128.08 million as profits from GETFund. That money is simply the portion of the levy (a kind of tax) Ghanaians pay that GETFund hadn't got around to spending yet by the end of the year (more likely, it wasn't released to them.)
25. As for the entities in which Ghana owns a tiny stake (like 0.04% in Anglogold), it is comical how their total profits were reported as if they can be attributed to Ghana.
In short, SIGA should withdraw, not just the confusing the 2025 one, but all its reports from 2020, fix the errors, and submit a more reliable series.