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After following the discussions surrounding Goldbod for a while, I'm amazed why critical information required by analysts and other stakeholders was not made available to enrich the inputs these stakeholders could have made to the bill. Whose interest is being served?
It’s interesting that the NDC’s manifesto promised to enhance the capacity of the Minerals Commission to facilitate gold trade. Now, it appears all that regulatory power is being handed to the Goldbod, which is also going to actively perform gold trading as its core mandate.
The NDC also promised to investigate and review the BoG’s domestic gold purchase program and its derivatives, like the gold-for-oil initiative. Those programs were supposed to achieve similar objectives to what is being proposed under the Goldbod. The review hasn’t happened and they have rushed to develop and pass a bill establishing the Goldbod
We have heard that losses were made, but the new administration has refused to publish any details. Whatever led to losses in those gold trading programs should be a national learning opportunity. Yet, the administration is silent on that while continuing to pursue its own policy aimed at achieving the same objectives.
If the Central Bank itself made losses from trading in gold, how does a new entity with limited capacity plan to prevent similar losses? That process should start with publishing details of the Central Bank’s losses and outlining how the Goldbod intends to avoid them!
@edemagbana It is very embarrassing to read this. A minister of state should do due diligence and verify information before divulging the info to the public. This brouhaha could have been avoided if the minister did what was necessary right at the start.
It is very embarrassing to read this. A minister of state should do due diligence and verify information before divulging the info to the public. This brouhaha could have been avoided if the minister did what was necessary right at the start.
On the Alleged Missing Containers Saga : Here are the Facts.
During the transition period, the outgoing NPP administration claimed that approximately 3,000 ECG containers were stuck at Tema Harbour due to clearance issues.
However, after we took office, an official visit to the harbour by the Minister of Energy revealed a different figure of 2,500 containers accumulating a shocking demurrage cost of GHS 1.5 billion. NOTE: The Minister never said he personally counted 2500, he said 2500 was presented as the figure at the ports.
This glaring discrepancy of 500 unaccounted for containers raised serious concerns, prompting the Minister to set up an investigative committee to verify the true status of the containers.
The committee’s findings were damning, revealing that over 1,300 containers were missing—exposing the blatant falsehoods peddled by the previous administration in both their handing over notes, and also the figure presented to the minister on his site visit.
Yet, in a desperate attempt to twist the facts, NPP foot soldiers and apparatchiks have somehow convinced themselves that these containers went missing under the NDC government.
No logic, no matter how warped, can justify such a ridiculous claim. The investigations will proceed, and when the truth is finally laid bare, we will see who will be left laughing at the wrong side of their mouths.
The gullible ones can continue sharing the ‘flying’ container jokes.. they will soon discover they are mocking themselves.
Thank You.
Eric Edem Agbana
MP, Ketu North
Member, Public Accounts Committee of Parliament.
WASSCE results over the last two decades show 2013 as the year with the highest pass rate. Two batches (a 3-year group and 4-year group) wrote WASSCE in 2013. What was done differently in 2013?
With access to a longer period of WASSCE performance data in Ghana, a few observations and questions arise:
1) Performance in the "Free SHS era" (2020–present) is not as strong as some of the results recorded in the past (2008–2013) and hence not as unprecedented as advertised. Shoutouts to my fellow 2008 year group members 😉
2) What caused the significant deterioration in the overall WASSCE pass rate between 2014 and 2017?
3) Whatever was done between 2008 and 2013 to achieve high pass rates needs to be revisited and possibly replicated.
🚨ICYMI🇬🇭🗣️: “The rot and corruption I saw in the School Feeding Programme was enormous but President Akufo-Addo, who ordered me to audit it, later denied me,” — Hon. Adwoa Safo, former Gender Minister & MP for Dome-Kwabenya, drops explosive revelations.
📹: Movement Radio
🦅🇬🇭