Dr. Nii Moi Thompson

Chairman, National Development Planning Commission of Ghana & Senior Advisor to the President on the UN’s Sustainable Development Goals (SDGs)

[Dr. Nii Moi Thompson @NiiMoiThompson]

https://t.co/GBivF6gI55

[Dr. Nii Moi Thompson @NiiMoiThompson]

NDPC Chairman raises concern over DACF inequalities, warns of threat to the National Development Agenda - MyJoyOnline - https://t.co/RL4Ir5iPin

[Dr. Nii Moi Thompson @NiiMoiThompson]

https://t.co/p1Tsz8yohn

[Dr. Nii Moi Thompson @NiiMoiThompson]

https://t.co/r70qxNENQg

[John Dramani Mahama @JDMahama]

Pivoting to Growth, Jobs, and Sustainable Livelihoods.

#MayDay2026 #ResettingGhana #GhanaianWorkers #GrowthAndJobs

[Dr. Nii Moi Thompson @NiiMoiThompson]

https://t.co/WkT2fdgXGq

[Dr. Nii Moi Thompson @NiiMoiThompson]

https://t.co/zA0NeqW03q

[Dr. Nii Moi Thompson @NiiMoiThompson]

@martinvars @3rdwavemedia Another good point. I hate the PPP statistical sleight of hand. Works better with per capita GDP, not overall GDP.

[Dr. Nii Moi Thompson @NiiMoiThompson]

@martinvars Been waiting for this analysis. Another cause of the widening gap is the long shutdown after Covid, when the US economy was riding on the back of trillions in stimulus spending. That spending continues to drive consumer spending as china's buckles under the real estate bubble.

[Fred M. Dzanku @DzankuFred]

🇬🇭Talks of “massive leakages” at #Ghana’s ports have resurfaced.

But relative to its import exposure, Ghana’s customs revenue sits slightly above the regional trend.

That doesn’t settle the question. The benchmark itself may be low—and it doesn’t account for tariff rates or exemptions.

@MoF_Ghana @GhanaRevenue

[Fred M. Dzanku @DzankuFred]

🇬🇭Earlier, I showed that #Ghana’s customs revenue looks broadly in line with its import exposure.

But that doesn’t settle the question.

Across SSA, higher tariffs do not consistently translate into higher customs revenue.

#Ghana has relatively high tariffs—but only moderate customs yield.

The question is whether that gap reflects exemptions or leakages.

[CITI FM 97.3 @Citi973]

“We want to prove to Ghanaians that we can do it,” says Ibrahim Mahama, CEO of Engineers and Planners, after the takeover of the Damang Mine.

He pledged major investments, including a concrete road from Damang to Cape Coast within two years and an airport within six months, assuring host communities of social and economic development.

#CitiNewsroom #Mining #DamangMine #GhanaEconomy #NaturalResources

[Dr. Nii Moi Thompson @NiiMoiThompson]

@Bosch1989gh @vigilantGhanai1 @JoyNewsOnTV As in listing genocides without listing Gaza?

[Dr. Nii Moi Thompson @NiiMoiThompson]

@vigilantGhanai1 @JoyNewsOnTV Just shocking! They seem utterly clueless about how the world operates.

[Dr. Nii Moi Thompson @NiiMoiThompson]

@joyce_bawah Thanks. I think the comms team should do better photo selection. Too many repeats and minor variations.

Good luck!

[Dr. Nii Moi Thompson @NiiMoiThompson]

@kwesiprattjr Actually, we need decent parks for children and the general public in every community throughout the country, not just Accra. Hence, a ministry for Sports and Recreation. Instead, we're wasting money on the biggest state-sponsored racket, the Black Stars. 😣😣😣😣

[Raymond Acquah @mondrayac]

SETTING THE RECORDS STRAIGHT

Value for Money Office

The PPA ensures compliance with procurement processes; it was never designed to undertake rigorous technical, engineering and financial audits of billion-cedi infrastructure projects.

B. Ghana needs both: compliance and value.

That is why the Value for Money Office is not a duplication.

It is protection. It is the firewall between the taxpayer and inflated contracts.

C. Had we implemented this years ago, Ghana would have been spared many stalled projects, overpricing scandals and budget overruns.

Why Ghana Needs a Value for Money (VfM) Office – 6 Key Points

D. Procurement Compliance Is Not Value for Money

The PPA focuses only on procurement procedures, not cost efficiency, lifecycle costing, technical soundness or post-contract verification—leaving a major gap in ensuring real value for public spending.

E. Closes Legal and Institutional Gaps in the PFM Framework

Current PFM Regulations require VfM assessments only for single-source procurement.

A dedicated VfM Office extends this assurance to all public projects, procurement methods, and funding sources, including PPPs, SOEs, IGF projects and donor-funded works.

F. Prevents Inflated Pricing and Cost Overruns
Ghana lacks a central mechanism to benchmark prices, detect inflated BoQs and stop unjustified contract variations.

With the exit of Crown Agents, this oversight gap has widened—leading to persistent cost inflation.

G. Provides Technical Assurance Across the Entire Project Cycle
VfM assurance requires engineers, QSs, cost analysts and project auditors to assess projects before, during and after implementation—expertise and functions not available within the PPA or the Ministry of Finance.

H. Creates an Independent Oversight Mechanism

A dedicated VfM Office separates procurement-process oversight (PPA) from technical and cost assurance, eliminating conflicts of interest and ensuring neutral, professional scrutiny of public projects.

I. Aligns Ghana with Global Best Practice and Strengthens Fiscal Discipline

Countries like the UK, Singapore and the USA maintain independent VfM/project assurance bodies. Establishing Ghana’s VfM Office will enhance fiscal discipline, reduce wastage, and increase public confidence in government spending.

Why Amending The PPA Act Won’t Achieve True Value For Money

J. The PPA regulates procurement procedures, not whether projects deliver fair pricing, quality outputs, or long-term value.

K. Its mandate is limited to checking if the process was followed—not evaluating costs, technical soundness, or project performance.

L. Simply adding “VfM” to the PPA Act will not give it the tools, expertise, or structure required for real Value for Money assurance.

[Dr. Nii Moi Thompson @NiiMoiThompson]

@Fentuo_ @yobeng @_razakmusbau It has to be part of a larger discussion of "Sports and Recreation", a wider concept that was introduced in the 40-year Development Plan that was rejected. Now we have a ministry. "sports" must be more than football, and within football it muat be about more than Black Stars.

[NDPC Ghana @ndpcgh]

Director-General of NDPC, Dr. Audrey Smock Amoah, emphasises effective planning and timely implementation for Ghana's development. She highlights the Commission's mandate under Acts 479 and 480, at a strategic regional consultative engagement.

[Dr. Nii Moi Thompson @NiiMoiThompson]

Ghana remains poor by 2057 without urgent northern development, NDPC Chair warns.

Link to story: https://t.co/g6nvV66plH