Royhit

Simple and straightforward

[Hubert Baidoo @HubertBaid80747]

Alfred, with the greatest respect, what occurred on the space was not scrutiny. It was simply handing Mr. Gyamfi an unchallenged platform to exonerate himself. I generally prefer to keep my peace these days, but the ongoing tragedy of the Goldbod mandate is too grave an issue to stay silent on.

Mr. Gyamfi repeatedly boasts that Goldbod has not incurred losses. Of course it hasn’t, and theoretically, it should never. Goldbod functions strictly as a middleman, and middlemen operating with state-backed authority do not lose money. Sustaining a baseline profit under these conditions is not a mark of managerial brilliance but merely the basic structural nature of a somewhat unnecessary mandate.

Our concern is that Goldbod is quietly draining the economic lifeblood of this nation. I warned of this the moment the bill was enacted. Barely a year later, Ghana has lost an estimated $2 billion on the back of this arrangement. The defence to this cannot and must never be export returns. Gold was going to be exported anyway.

This is what the $2 billion could have done within our domestic mining sector alone. For under $600 million, the state could have:

Reclaimed and purified over 15 billion cubic feet of our heavily polluted river bodies,

Established a state-owned mining corporation capable of competing with giants like Newmont, and

Built Africa’s first integrated bauxite processing facility.

The remaining $1.4 billion could have fully asphalted every primary agricultural road connecting our food baskets to market centers across the country.

Mr. Gyamfi went so far as to attribute the government’s elusive macroeconomic success to Goldbod, even while the Cedi had already depreciated 8.6% year-to-date at the time of his speaking. I refrain from probing further into the currency metrics to avoid political rhetoric.

Furthermore, he framed Goldbod's central purpose as the eradication of gold smuggling. Genuine scrutiny would have challenged that premise directly: Why does a nation like Canada which produces significantly more gold than Ghana operate without a state monopoly like Goldbod, yet effectively control industrial smuggling? Asking these fundamental structural questions is what true accountability looks like.

Whenever I express these concerns, some members in this forum misconstrue my objective analysis as personal animosity toward Mr. Gyamfi. That is simply untrue. I respect him and seriously celebrate his accomplishments. However, the Goldbod framework poses severe long-term macroeconomic and environmental threats to our nation. The intelligentsia must interrogate these policy choices critically rather than prioritizing political favor or personal affinities.

Nothing, absolutely nothing, should ever take precedence over the sacred preservation of our lands, our waters, and our economic sovereignty.

Thank you.

[Royhit @Roy_hit12]

𝑻𝒉𝒆𝒚'𝒓𝒆 𝒈𝒐𝒊𝒏𝒈 𝒕𝒐 𝒅𝒐 𝒂 𝒔𝒆𝒄𝒐𝒏𝒅 𝒚𝒐𝒖𝒕𝒉 𝒎𝒂𝒏𝒊𝒇𝒆𝒔𝒕𝒐 𝒘𝒉𝒊𝒍𝒆𝒔 𝒊𝒏 𝒈𝒐𝒗𝒆𝒓𝒏𝒎𝒆𝒏𝒕. 𝑯𝒆𝒆𝒓𝒓𝒓 𝑵𝑫𝑪! 😂😂😂

[The1957News @The1957News]

NDC Western Regional Youth Conference: NDC is the first political party to fulfil all the promises made in our Youth Manifesto within one year — Malik Basintale, Deputy NDC Communications Officer.

[Royhit @Roy_hit12]

@AnsongAsamoah 𝑻𝒉𝒆𝒊𝒓 𝑷𝒂𝒓𝒕𝒚 𝒊𝒔 𝒊𝒏 𝑷𝒐𝒘𝒆𝒓 𝒘𝒉𝒂𝒕 𝒅𝒐 𝒚𝒐𝒖 𝒆𝒙𝒑𝒆𝒄𝒕?

[Royhit @Roy_hit12]

@Elbaudouin1 @askghmedia 𝒀𝒐𝒖𝒓 𝒑𝒆𝒐𝒑𝒍𝒆 𝒘𝒊𝒕𝒉 𝒑𝒓𝒂𝒄𝒕𝒊𝒄𝒂𝒍 𝒊𝒎𝒑𝒂𝒄𝒕 𝒉𝒂𝒔 𝒓𝒖𝒍𝒆𝒅 𝑮𝒉𝒂𝒏𝒂 𝒇𝒐𝒓 𝒂𝒍𝒎𝒐𝒔𝒕 32 𝒚𝒆𝒂𝒓𝒔 𝒘𝒊𝒕𝒉 𝒏𝒐𝒕𝒉𝒊𝒏𝒈 𝒕𝒐 𝒔𝒉𝒐𝒘. 𝑾𝒊𝒔𝒆 𝒖𝒑 𝒂𝒏𝒅 𝒔𝒆𝒆 𝒕𝒉𝒆 𝒍𝒊𝒈𝒉𝒕.

[Royhit @Roy_hit12]

𝑳𝒊𝒃𝒆𝒓𝒂𝒕𝒆 𝒕𝒉𝒆 𝒚𝒐𝒖𝒕𝒉 𝒇𝒓𝒐𝒎 𝒑𝒐𝒍𝒊𝒕𝒊𝒄𝒂𝒍 𝒐𝒑𝒑𝒓𝒆𝒔𝒔𝒊𝒐𝒏. 𝑭𝒓𝒆𝒆 𝑶𝒖𝒓 𝒔𝒑𝒆𝒆𝒄𝒉𝒆𝒔.

[New Patriotic Party @NPP_GH]

#FreeBuhariNow
#FreeDamoahNow

[Royhit @Roy_hit12]

𝑶𝒏𝒆 𝒐𝒇 𝒕𝒉𝒆 𝒔𝒎𝒂𝒍𝒍-𝒎𝒊𝒏𝒅𝒆𝒅 𝒑𝒆𝒐𝒑𝒍𝒆. 𝑨 𝒑𝒓𝒐𝒎𝒊𝒔𝒆 𝒐𝒇 𝒂 𝒍𝒆𝒂𝒅𝒆𝒓 𝒊𝒔 𝒂 𝒑𝒓𝒐𝒎𝒊𝒔𝒆 𝒐𝒇 𝒕𝒉𝒆 𝒑𝒆𝒐𝒑𝒍𝒆. 𝑾𝒉𝒂𝒕 𝒅𝒐 𝒚𝒐𝒖 𝒖𝒏𝒅𝒆𝒓𝒔𝒕𝒂𝒏𝒅 𝒃𝒚 𝒕𝒉𝒆 𝒘𝒐𝒓𝒅 "𝑵𝒂𝒕𝒊𝒐𝒏𝒂𝒍"𝒊𝒏 𝒕𝒉𝒆 𝑵𝒂𝒕𝒊𝒐𝒏𝒂𝒍 𝑪𝒂𝒕𝒉𝒆𝒅𝒓𝒂𝒍?😆😆

[Franklin CUDJOE @lordcudjoe]

My dear friend, Pastor Otabil, first, it is not correct that "Ghana wanted to build a Cathedral". Please, our former president is reported to have told Archbishop Duncan-Williams that he saw angels in an apparent apparition, and he told them to tell God that if he won the elections, he would build a church in His honour, with his own money and donations. All we heard and witnessed was that his fugitive finance minister surreptitiously dipped his hands into our coffers and started putting up the unholy edifice. Now, he sank our $98 million into a hole and left office. Please, others are building things through honest hard work, not stealing from poor citizens.

[Gideon Boako, Ph. D @gboakogh]

The gboako Economic Digest - #002/26

Growth Without Progress? Why Ghanaians Are Still Waiting for the Economy to Reach Their Doorsteps

Just last week, the government statistician, Dr. Alhassan Iddrisu announced a reduction in Ghana’s consumer headline inflation from 5.3% to 4.6%. And as usual, the government and her communicators are celebrating, although not so openly these days like months ago; the reality is dawning I guess.

Beyond the figures that look great are rising unemployment and higher cost of foodstuffs, petrol, diesel, LPGs, transport fares and unbearable general economic conditions. The obvious fact is that there is a vast mismatch between the government’s decorated economic indicators and the general well-being of the Ghanaian people. This has raised concerns about how real the government statistics are. Government data paint a picture of an economy that is recovering. But after all the impressive statistics one simple question remains unanswered: Has the average Ghanaian actually felt the recovery? And, what is the quality of this recovery? Answers to these questions remain lacking.

Economic growth should not only be measured in percentages. It should be measured by the number of young people finding decent jobs, the number of roads completed, the number of nurses who have received financial clearance to be recruited, the number of factories expanding production, the number of communities gaining access to quality healthcare, the number of teachers employed, and whether households can confidently plan for tomorrow.

Unfortunately, this is where the Government's narrative begins to fall apart. Many Ghanaians continue to experience a very different reality. Across the country, abandoned projects have become familiar landmarks. Contractors complain about delayed or non-payments. Businesses continue to struggle with access to affordable credit. Young graduates move from one job application to another without success. Market women know that the cost of living remains painfully high compared with only a few years ago.

This disconnect between official statistics and everyday life is becoming impossible to ignore.
The government of President Mahama has repeatedly celebrated strong fiscal discipline and better budget performance. However, the Ministry of Finance's own fiscal reports reveal that much of this improved fiscal position is a result of government spending falling significantly below what Parliament itself approved.

This raises an important question. Is Government genuinely becoming more efficient, or are projects simply not being implemented as planned?

I am sure you have read the IMF report that says that President Mahama’s government has cancelled about 1,800 ongoing projects and rephased around 2,000 others? Yes, 1,800 projects – these are the feeder/urban roads to your hometown or neighbourhood, the gutter in your area needed to control flooding, the government hostel to offer you affordable accommodation on campus, the classroom block in your village, the clinic or hospital needed badly by a community, the bungalow you need as a teacher or health worker at your station, the warehouse needed to store our agricultural produce, the electricity infrastructure needed to prevent dumsor, and many more.

And why is government doing this? Just to record low expenditure figures so that he can achieve fiscal surplus to tell you that his primary balance is positive and tell you  to sing Mahama is the [ho-e]. This is the government of settings and populism at the expense of the wellbeing of the people..

This raises a serious question about the quality of stability and recovery we are experiencing. This has been the reason why we have had repeated returns to the IMF for bail-out because we become so “obsessed” with indicators and are “running” to show nice indicators while ignoring the quality and the sustainable path to achieving these “nice” indicators.

1/2

[Royhit @Roy_hit12]

@MsRockson 𝑻𝒉𝒆𝒚'𝒓𝒆 𝒈𝒐𝒊𝒏𝒈 𝒕𝒐 𝒅𝒐 𝒂 𝒔𝒆𝒄𝒐𝒏𝒅 𝒚𝒐𝒖𝒕𝒉 𝒎𝒂𝒏𝒊𝒇𝒆𝒔𝒕𝒐 𝒘𝒉𝒊𝒍𝒆𝒔 𝒊𝒏 𝒈𝒐𝒗𝒆𝒓𝒏𝒎𝒆𝒏𝒕. 𝑩𝒂𝒔𝒊𝒏𝒕𝒂𝒍𝒆 𝒘𝒊𝒍𝒍 𝒄𝒐𝒍𝒍𝒂𝒑𝒔𝒆 𝒕𝒉𝒆 𝒑𝒂𝒓𝒕𝒚.😆😆😆

[Royhit @Roy_hit12]

@DjoletoT 𝑰𝒕'𝒔 𝒅𝒆𝒍𝒊𝒃𝒆𝒓𝒂𝒕𝒆. 𝑻𝒉𝒆𝒚 𝒉𝒂𝒗𝒆 𝒑𝒓𝒐𝒑𝒂𝒈𝒂𝒏𝒅𝒂 𝒔𝒆𝒄𝒓𝒆𝒕𝒂𝒓𝒚, 𝒚𝒐𝒖 𝒌𝒏𝒐𝒘!😂😂😂

[Dennis Edward Aboagye @DennisMiracles]

Unemployment in Ghana has increased by 8% in the last 18 months.

Our Government remains clueless on how to fulfill their own 1-3-3 shift system. #Frakadam

[Royhit @Roy_hit12]

@DashelleAdu 𝑭𝒓𝒐𝒎 𝒎𝒚 𝒄𝒉𝒆𝒄𝒌𝒔 𝑨𝒎𝒂𝒏𝒌𝒘𝒂𝒂 𝒊𝒔 𝑶𝒖𝒓 𝒃𝒆𝒔𝒕 𝒃𝒆𝒕. 𝑻𝒉𝒆 𝒃𝒐𝒚𝒔 𝒂𝒏𝒅 𝒈𝒊𝒓𝒍𝒔 𝒊𝒏 𝒕𝒉𝒆 𝒄𝒐𝒏𝒔𝒕𝒊𝒕𝒖𝒆𝒏𝒄𝒚 𝒍𝒊𝒌𝒆 𝒉𝒊𝒎. 𝑳𝒆𝒕'𝒔 𝒑𝒖𝒔𝒉 𝒉𝒊𝒎 𝒊𝒏𝒔𝒕𝒆𝒂𝒅

[Joy is coming 🥰 @osibisa09]

History is like a Therapy for the soul.. 🇱🇺🇱🇺

[Royhit @Roy_hit12]

@kwakuasanteb Why didn't you say that fSHS was his personal promise to Ghanaians so he should use his personal money to fund it. Do you understand "National" in the National Cathedral? 😂😅😅

[Royhit @Roy_hit12]

𝑾𝒆 𝒈𝒐𝒕 𝑷𝒂𝒔𝒕𝒐𝒓𝒔, 𝒆𝒍𝒅𝒆𝒓𝒔 𝒐𝒇 𝒕𝒉𝒆 𝒄𝒉𝒖𝒓𝒄𝒉 𝒄𝒓𝒊𝒕𝒊𝒄𝒊𝒛𝒊𝒏𝒈 𝒕𝒉𝒆 𝒑𝒓𝒐𝒋𝒆𝒄𝒕 𝒃𝒆𝒄𝒂𝒖𝒔𝒆 𝒐𝒇 𝒑𝒐𝒍𝒊𝒕𝒊𝒄𝒔. 𝑵𝒐𝒘 𝒚𝒐𝒖'𝒓𝒆 𝒂𝒇𝒓𝒂𝒊𝒅 𝒐𝒇 𝒕𝒉𝒆 𝒊𝒏𝒕𝒓𝒐 𝒐𝒇 𝑨𝒓𝒂𝒃𝒊𝒄 𝒍𝒂𝒏𝒈𝒖𝒂𝒈𝒆. 𝑮𝒖𝒍𝒍𝒊𝒃𝒍𝒆 𝒑𝒆𝒐𝒑𝒍𝒆!😆😆😆

[Royhit @Roy_hit12]

@5oddsHene 𝑻𝒉𝒆 𝑺𝒂𝒅 𝒕𝒉𝒊𝒏𝒈 𝒂𝒃𝒐𝒖𝒕 𝒘𝒉𝒂𝒕 𝒉𝒆'𝒔 𝒔𝒂𝒚𝒊𝒏𝒈 𝒊𝒔 𝒕𝒉𝒂𝒕 𝒉𝒆 𝒅𝒐𝒆𝒔𝒏'𝒕 𝒌𝒏𝒐𝒘 𝒉𝒆'𝒔 𝒏𝒐𝒕 𝒎𝒂𝒌𝒊𝒏𝒈 𝒔𝒆𝒏𝒔𝒆. 𝑯𝒐𝒘 𝒅𝒐 𝒚𝒐𝒖 𝒔𝒐𝒍𝒗𝒆 𝒎𝒐𝒓𝒂𝒍𝒊𝒕𝒚 𝒘𝒊𝒕𝒉 𝒂 𝒇𝒐𝒓𝒆𝒊𝒈𝒏 𝒍𝒂𝒏𝒈𝒖𝒂𝒈𝒆? 😂😂😂

[Royhit @Roy_hit12]

𝑫𝒐𝒘𝒏𝒈𝒓𝒂𝒅𝒆 𝒆𝒗𝒆𝒓𝒚𝒘𝒉𝒆𝒓𝒆.

[Bernard @QwecyAbronoma]

The previous(NPP) government paid more attention to comedy craft than the current (NDC) administration. Today, they don’t even pick our calls – Lekzy DeComic

[Sarkodie @sarkodie]

#EnoEasy #DanceChallenge https://t.co/sCMsP81X5l

[Royhit @Roy_hit12]

@MS2PZ 24