Parliament’s budget has increased by GH¢597.52 million since you took office, even though the President has reduced the number of appointees. Means politicians under your administration are doing excessive spending. Cut these expenses and bring the budget back to its 2023 level. Use the over GH¢800 million in savings to help fund a 1% salary increase for public servants like Police, teachers, nurses and others. This could earn you greater support from many Ghanaians.
Hon. Ahmed Ibrahim says he wants to introduce a new National Housing Levy, but he is scared the people of Ghana will revolt.
He should be. And not because fellow countrymen and women hate paying for development, but because we know how to count.
Before anyone proposes another payroll deduction to close our 1.8 million-unit housing deficit, run the maths on the laws and money we already have:
▪️Eighteen years ago, Parliament passed the National Pensions Act, 2008 (Act 766). Sections 103(2) and 114(2) explicitly allow every worker to use their mandatory Tier 2 and voluntary Tier 3 pension funds to secure a mortgage for a primary home.
▪️By the end of 2025, private Tier 2 and Tier 3 pension funds had accumulated a staggering GH₵79.8 billion. Yet according to Table 28 of the NPRA’s audited Annual Report, out of more than 3 million contributors, how many workers got approval to use their pension for a primary home mortgage in a full year? Just 20.
▪️Why did only 20 people succeed? Because Section 103 only gives the bank a paper guarantee, not cheap cash liquidity, leaving banks charging 24% to 28% interest on a standard 3-bedroom Accra house that now costs GH₵890,000. At 24% interest, the monthly payment is GH₵18,000. A teacher or nurse earning GH₵6,000 is disqualified at the bank’s front door.
▪️Meanwhile, three borders east in Benin, a brand-new 3-bedroom social villa at Ouèdo costs US$37,500 (30–40% cheaper than Ghana), and any public or private worker can move in with zero deposit and pay roughly GH₵2,500 (97,000 FCFA) a month over 25 years under a rent-to-own scheme.
▪️Benin didn't achieve that by slapping a new tax on workers to subsidise cement cartels and inflated contractor bills. Benin's state absorbed the 30% infrastructure surcharge (roads, storm drains, water mains, and power grids) before pricing the houses, and set up a bank-led delivery vehicle (SImAU) to buy materials in bulk across 10,800 homes at once.
We don't need a new National Housing Levy. We need to:
1. Channel just 5% (GH₵4 billion) of our existing GH₵79.8B Tier 2/3 pension pool into a privately governed housing SPV (controlled by Trustees, TUC/CLOGSAG, and banks—zero politicians) to fund single-digit rent-to-own mortgages.
2. Synchronise 15% of existing Roads, Energy (ECG), Drainage (Hydro), and Ghana Water capital budgets to service housing land banks upfront instead of retrofitting unplanned slums at triple the cost.
3. Break the asymmetric pricing cartel in cement and steel through bulk factory-gate off-take and CSIR pozzolana/burnt clay brick mandates.
4. Partner with Stools and Families on a Land-for-Equity basis under Act 1036.
You cannot tax a nation into affordability while leaving a cartelised, high-cost supply chain untouched. Fix the plumbing before turning on the tap.
What stops us from using the GH₵79.8 billion we already have under Act 766 before asking workers for another pesewa?
By Sitsofe John
#Ghana #HousingDeficit #PublicPolicy #Act766 #Pensions #EconomicGovernance
I grew up on the cattle grazing fields of Asutsuare Junction in the Shai Osudoku District of the Greater Accra Region.
As the last born and only child in the family to be lucky enough to be enrolled in school, my options were limited.
Lawyer? Hell no!!! Not in this village.
Unprofessional law enforcement diɛ it is the weapon fashioned against the Gov’t oo. I su-err!
Everyday they wake up, it’s like they are determined to wipe out every goodwill of the Govt. Zero tact! Zero common sense!
I always find it funny when footsoldiers cheer on arrests. It’s like they don’t understand that they are the ones who will always get arrested when power changes. Never the big men.
Abronye said the Judge is a politician. He gets arrested. Afenyo-Markin doubled down, and said that the next judge is clearly at the service of the NDC. No arrests.
Salam mustapha said he will weaponize young men, and Benjamin Gyewu-Appiah, a National Communications Team Member of the NPP said he will burn down NDC headquarters if another NPP member is arrested. No arrests.
Abronye was never arrested when NPP was in power. And he said more nonsense then than he does now.
Sir-Obama Pokuase and his lot did a lot cheering on power when it arrested people when the NPP was in power. Nothing he said when he was arrested now is any worse than people connected to the NDC will continue to say thereafter. I wished he will learn how these things work, and keep condemning it broadly based on principle.
Kwabena Bobie Ansah suffered these arrests; and today he is a passionate advocate against them for anyone. That’s what true learning looks like.
We can go 20 years of the NDC; and NDC supporters who say out of line things won’t be arrested. But let 1 NPP weakling say it. They will be arrested. And when power changes, we will see the same thing play out.
You know why? Because there is no true law enforcement when it comes to speech prosecutions. It’s all politics. And if the Police were acting truly professionally, they would enforce the law dispassionately.
You think Bawumia would be arrested for saying what Abronye or Sir Obama Pokuase said? Think again and think back on whether others affiliated to the NDC haven’t said similar or worse things.
Power picks on the weak. And this is why i don’t wish it on my worse enemy. I will keep condemning speech prosecutions even for those who cheered my own abuses.
Repeal section 208! That’s my principle. You can disagree with me; but it’s not a license to insult me. But even when you insult me; I won’t ask for your arrests.
Because Free speech protects rude and insulting speech too; and even clearly hyperbolic or sarcastic language.
And the best antidote to bad speech is more good speech not arrests. Good people should condemn the language and let’s move it on. You can’t police bad speech with arrests. You do so with more good speech.
This is why I criticised @AfenyoMarkin - for saying that “"I don't know where or how the judge at Circuit Court 9 even passed his law exams”. I thought that was harsh. Not for saying the judge is doing a party bidding. Because i believe too that judges are sometimes influenced by politics; and we have to be frank about it. But no lawyer should tell another that “I don’t know how you passed law exams; much less a judge.
But not once did I call for his arrest for that. Nor would I have supported it if he had been arrested. You all know, I would have been first to condemn it; as I did for Abronye.
I would rather we criticised each other more for “bad speech”; than run to the police to teach someone where power lies.
Shalom
Even our hawkish Foreign Minister, understands due process. He has called for " a full, immediate, impartial and transparent investigations into the attack which violates international law and amounts to war crime..The injured soldiers can count on the nation’s love, prayers and unflinching support." And some of you just draw conclusions? Ebei..
As l asked a while ago today, while it is an unfortunate incident, has the Ghana army or the UN confirmed who did it? I'm asking because even drones directed at other Arab neighbours are not all outrightly linked to Iran without some verification. Sadly even if it were proven that the Israelis 'attacked' the Ghana base, l doubt it would be intentional. Besides Hizbollah ,'saints' attacked lsrael first and invited the wrath, which may have unintentionally hurt the Ghana base. Please let us be careful. It is likely that agent provocateurs may be taking advantage of the situation. And this senseless war must end !!
Three MPs are on the NPP primaries ballot. A single vote by each of them could have stopped the E-levy (and some of the outrageous expenditures and loans that drowned our economy). Yet, they voted YES and are now blaming only Bawumia for bad policies like the E-levy. Hypocrisy?
My brother, the fact that you are trying to discredit this 2024 IMF projection because you do not want even a drop of credit given to the previous government is exactly what weakens your argument. If we put politics aside and look at the numbers honestly, the facts don’t support the position you’re taking.
The prediction that the IMF made was that inflation would fall to about 8% by end-2025; those are the very predictions you kept dismissing. Well, here we are, and it has already moved into that range ahead of the timeline. Whether we like the IMF or not, that projection didn’t miss; it landed.
And the points you keep raising don’t actually challenge the mandate of the IMF:
• They don’t predict pump prices.
• They don’t set or forecast the prices of cocoa producers.
• They do not measure corruption for any country.
• And the cedi’s recovery, and fiscal tightening, are literally the results that the program is intended to achieve, not evidence against the program.
So, using those examples to claim the IMF “got it wrong” isn’t serious analysis. It is a mix of political frustration with technical forecasting.
The situation is even more delicate with regards to the claim of corruption. This government is just about a year old. There hasn’t been a full audit cycle, there’s no completed investigations, and no independent index shows an improvement. Ghana’s CPI score hasn’t gone up; our global ranking actually slipped. So, how can anyone confidently declare “drastic reduction”? We simply don’t have the evidence yet.
We all saw what happened at the beginning their tenure: cases that were in court were discontinued quietly, big scandals went cold, and institutions that should have insisted on accountability stepped back. So, rushing now to brand the new administration as “clean” looks premature at best.
This is where I think you need to take a breath. Where the analysis starts to sound like an attempt to wipe out everything the previous government did, whether good, bad or mixed, it stops being analysis and it starts to look personal. And you’re too experienced and too respected to fall into that.
We have been here before. In 2017, the country felt a similar wave of relief and optimism. That’s normal in the early part of every IMF-supported programme. The real test is never the first year; it is what happens when the IMF steps back, leaving the country to maintain discipline without external pressure.
For when things go wrong then, people will remember who stayed grounded and who got carried away by emotion. You’ve built your reputation on clarity and balance, not on reacting to whichever government is in your bad books. Don’t let frustration push you into arguments the data can’t support. You don’t need that. Stick to the evidence, even when it leads to outcomes you personally don’t like. That’s what keeps your credibility strong.”
@Hnforson@Manasseh_Azure@ra Why not? You can, when it takes over 8yrs n no single conviction has been secured for all those allegations. So if this one is an open and shut case, why not pursue it? Can you imagine what might have happened at the Ministries and Agencies that were run by the top gurus??? 🏃🏼➡️