Citizen Press Online

Politics · October 7, 2026

Kojo Oppong Nkrumah completely tore apart the government's economic record

By Jessica Aba Botchwey
Kojo Oppong Nkrumah completely tore apart the government's economic record

Former Information Minister Kojo Oppong Nkrumah has urged the government to account for existing economic programs before introducing its proposed "New Economy" initiative.

Former Information Minister and Member of Parliament for Ofoase-Ayirebi, Kojo Oppong Nkrumah, has challenged the government to provide an honest accountability report on its previous economic interventions before introducing new promises.

Writing in an opinion piece, the Ranking Member on Parliament's Economy and Development Committee scrutinized Finance Minister Dr. Cassiel Ato Forson's recent proposal for a "New Economy" framework.

Oppong Nkrumah argued that before asking citizens to invest hope and tax revenue into a fresh initiative, the administration must present verifiable outcomes from its flagship 24-Hour Economy, Women’s Development Bank, One Million Coders, and Feed Ghana programs.

"The difficulty is that this administration came to office with a string of programmes it said would deliver exactly this, and almost none of them can show results," Oppong Nkrumah wrote. "Rather than finish what it started, the government is now moving on to a new promise."

Examining the 24-Hour Economy initiative, the lawmaker questioned official claims that thousands of jobs had already been generated through recent agreements and shift expansions.

"I described those numbers at the time as audio announcements, and I stand by it. Until we can see the workers, the firms employing them and the SSNIT contributions being paid on their behalf, Ghanaians have no way of knowing whether those jobs exist," he stated.

Addressing the Women's Development Bank, Oppong Nkrumah pointed out that despite hundreds of millions of Ghana cedis deposited as startup capital, the institution has yet to secure a banking license or disburse funds to market women.

He also described the poultry component of the Feed Ghana initiative, known as Nkoko Nkitinkiti, as a failure after reports emerged that several beneficiaries consumed their birds rather than breeding them.

"The poultry farmers association called the first phase an 'abysmal failure' and said its offer to train beneficiaries for free was ignored," Oppong Nkrumah noted.

He further argued that current economic stability, lower inflation rates, and debt restructuring benefits were inherited from foundational programs initiated under the previous NPP administration's IMF framework.

Oppong Nkrumah concluded by calling on Parliament to halt any proposals to weaken fiscal responsibility laws until the Finance Minister presents a fully costed, audited progress report on all existing national programs.

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