John Mahama left strong economy for NPP and they recruited 125 ministers and now they can’t …Sampson Tangombu
The NDC Member of Parliament for Navrongo Central Mr. Sampson Tangombu Chiragia has said, it is obvious former President Dramani Mahama left a strong economy to NPP before leaving office because evidence shows, they were able to recruit One Hundred and Twenty Five (125) Ministers immediately took over from John Mahama. Apexnewsgh.com report According to the Navrongo legislator, “Today, the NPP and Dr. Bawumia are claiming the economy is recovering and they cannot even recruit Deputy Regional Minister which was the case in their first administration immediately John Mahama left office. However, Mr. Sampson Tangombu called on the Vice President Dr. Mahamudu Bawumia to render an apology to Ghanaians because he got it wrong from the beginning by tagging John Dramani Mahama as ‘incompetent’ “I will sincerely task Dr. Bawumia to come and apologize to Ghanaians and let them understand that he got it wrong. Because today, he agrees that our economy is driven by external forces forgetting that we don’t sell dollars or print dollars in Ghana. But he used the dollar as the benchmark against John Mahama by way of calling Mahama {incompetent}” Responding to the Ukraine-Russia war which was captured by Dr. Bawumia’s lecture, the MP said: “Ukraine-Russian is barely 2months and you are using to build as your non-performance of the economy, forgetting that if the price of crude oil goes up, you are also benefiting”. The problem in Ghana today, is the exchange rate which we cannot control and the loan they are paying over 50 billion a year. Mr. Sampson Tangombu stressed Apexnewsgh.com/Ghana Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093
Show Ghanaians one factory you built as a govt 5 years down the line–NDC MP challenges govt
The NDC Member of Parliament for Navrongo Central Mr. Sampson Tangombu Chiragia has challenged the governing New Patriotic Party (NPP) to show Ghanaians one factory they built as a government 5 years down the line. Apexnewsgh.com report Speaking in an interview with ApexnewsGH on Friday, April 8, 2022, the Navrongo legislator threw the challenge whiles responding to some issues raised by Dr. Bawumia during his TESCON encounter on Thursday. “In Ghana today, let the NPP show us one factory they started as a new factory as a government of Ghana. They only came to support individual existing projects”. “Under the One Village One Factory (1V1F) policy, no single factory has been built by this government and they claimed they have been able to revamp about 130 factories and they don’t want to use the word revamp. Can you show me a factory the NPP built that has recruited over 300 people in Ghana 5 years down the line?”. In the Upper East Region, can they show us just one factory they have built for the region?”. Mr. Sampson Tangombu asked. Meanwhile, according to governing New Patriotic Party, the One District One Factory (1D1F) initiative is the vision of His Excellency the President, Nana Addo Dankwa Akufo-Addo to change the nature of Ghana’s economy from one which is dependent on import and export of raw material to one which is focused on manufacturing, value addition and export of processed goods. These raw materials are largely found in the districts which would have otherwise gone waste. The initiative as proposed by His Excellency Nana Addo Dankwa Akufo-Addo is private sector-led. Government creates the necessary conducive environment for the businesses to access funding from financial institutions and other support services from Government agencies to establish factories. Ghanaian entrepreneurs will thus own the companies, operate them and bear all the risks and rewards of the projects. However, since its launch on 25th August 2017, the people of the Upper East Region are yet to see even one of the old collapsed factories such as Pwalugu tomato factory, and the Meat factory at Zaurungu revamp. Apexnewsgh.com/Ghana Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093
Just In: Colleges of Education Non-Teaching Staff Association of Ghana to Start Strike on Monday
The Colleges of Education NON-TEACHING STAFF ASSOCIATION OF GHANA are set to embark on an indefinite strike starting from Monday, April 11, 2022, across all the forty-six(46) public colleges of Education in Ghana. Apexnewsgh.com report The President of the association at St. John Bosco’s College of Education Mr. Richard Ane announced the strike action to members of the Association on Friday, April 8, 2022. He said the Association has concluded to lay down its tools and not to report to work until further notice with the assurance that, members are protected since the strike is legal. According to Mr. Ane, the decision to embark on the strike came as a result of government’s continuous disregard for the following: -Wrong placement of first degree holders, non-payment of migration arrears, exclusion of generic allowances, partial payment of office holding allowances and non-payment of interim market premium arrears. Meanwhile, ApexNewsGh has learned that the decision to embark on this strike was served in January 2022, but could not be carried through due to the intervention of the national labor commission ((NLC). Unfortunately, for some time now, no commitment has been shown by the government as a solution to the concern raised. However, the National President of CENTSAG Frederick Forkuo Yaboah has said, with the exception of the school security, all Members of CENTSAG will from Monday, the 11th of April, 2022 stay away from duty until further notice. Apexnewsgh.com/Ghana Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093
FACT-CHECK: Verifying Mahamudu Bawumia’s address on the economy
To improve debate, dialogue and hold politicians accountable, GhanaFact, an IFCN verified fact-checking project and Ghana’s leading news portal – GhanaWeb, are collaborating to fact-check claims being made by Vice President Mahamudu Bawumia during his address on the economy. The West African nation has seen a surge in the prices of petroleum products at the pumps amidst increases in the cost of consumables and non-consumables on the market – while the local currency, Ghana Cedi has come under enormous pressure from the dollar and other foreign currencies – depreciating in value considerably in the last couple of months. Vice President Mahamudu Bawumia who is the head of the government’s Economic Management Team is addressing Ghanaians to share perspectives on how the economy has been managed so far. BAWUMIA: “In the first quarter of this year, we’ve also suffered a sovereign credit ratings downgrade by two rating agencies (Fitch&Moodys)…” CHECKED: TRUE (here, here) BAWUMIA: “Food prices have also not been left out. The FAO Global Food Price Index increased from 95.1 at the end of 2019 to 140.7 in February 2022…” CHECKED: TRUE (here) BAWUMIA: “The increase in commodity prices has been exacerbated by the Russia- Ukraine conflict. Russia and Ukraine together account for 30% of global wheat exports…” CHECKED: TRUE (here) BAWUMIA: “Inflation had declined from an average of 17.5% in 2016 to an average of 7.2% in 2020.” CHECKED: MISLEADING (Inflation basket was different in these two periods and so are not comparable. In 2020, average Inflation was also 9.88%) BAWUMIA: “Since the pandemic, inflation has increased to an average of 10% in 2021.” CHECKED: TRUE (here) BAWUMIA: “Based on World Bank data, the average unemployment rate in Ghana between 2014 to 2016 which stood at 6.29% declined to an average of 4.37% between 2017 to 2020.” CHECKED: TRUE (here) BAWUMIA: “Fiscal deficit between 2013 & 2016 averaged about 7% of GDP.Between 2017 & 2019 it declined to an average of 4.5%…“ CHECKED: MISLEADING (Since 2017 gov’t omits energy and financial service clean-up costs in computing fiscal deficit figures) BAWUMIA: “Provided free water for households for a year during COVID…” CHECKED: MISLEADING ( Gov’t absorbed the water bills for all Ghanaians. But later imposed a 1% Covid-19 health levy to recover the money spent.) BAWUMIA: “The average rate of GDP growth for 2017-2021 (including COVID-19 period) was 5.3%, compared to an average rate of growth of 3.0% between 2013 and 2016. “ CHECKED: MISLEADING ( Compared 5-year average to 4-year average) BAWUMIA: “In response to the recent increase in inflation, the Bank of Ghana has increased the policy rate by 2.5% from 14.5% to 17.0%.” CHECKED: TRUE (here) ……………………… Editor’s Note: (The rating for claim 4 has been updated from partly true to misleading.) —Ghanafact