Hot!
‘Cut your coat according to your size’ – Prof Appiagyei-Atua to MPs on payment of ex-gratia
Professor Kwadwo Appiagyei-Atua of the University of Ghana School of Law has stated that the payment of ex-gratia to Members of Parliament (MPs) is not justified.
As a result, he wants it to be scrapped.
Speaking on Joy FM’s Super Morning Show on Thursday, June 16, he said government must stop paying the ex-gratia.
He insisted that the political elite are taking advantage of the same “benefit to milk the state.”
As such, he urged MPs with a focus on the said benefit to live within their means.
“No, it cannot be justified, and I think that Parliament should sit up and say that if you are saying that you spend too much due to campaigning and so on, be circumspect in your campaigning because that is where corruption starts.”
“Cut your coat according to your size if you know you are not expecting ex-gratia, you’ll know how to organize your political campaign.”
Prof. Appiagyei-Atua also rejected the justification by the Speaker of Parliament for the payment.
“If you are talking about the fact that ex-gratia is made available to everyone whether you win elections or lose and don’t come back, you are entitled to that, then how can you call that a retiring benefit?
“They also need to look at the fact that it is a huge amount of money and the justification that the Speaker is putting to it, it is not just because if you are paying for people’s funerals and school fees and so on, why do you turn around to the government to pay that money back to you.
“It is a way you want to use to return to power, and it is purely at the discretion of that MP to use that money just to hold on to power. So I think it is not justified.
The Rt. Honourable Speaker at a public lecture at the University for Professional Studies, Accra, on Wednesday, June 15, justified the payment of ex-gratia to Members of Parliament.
He contended that the money is very important for the sustenance of the MPs after serving the country.
According to him, MPs do not benefit much from ex-gratia as the public perceives.
He explained that the money spent by Members of Parliament to campaign for their elections is three times more than the ex-gratia they receive.
“We are having these problems because there is some perception that ex-gratia is some huge money…You know that as MPs you don’t benefit from that ex-gratia, you don’t, because the money you spent to be elected to Parliament is thrice or four times what they give you as ex-gratia. No MP leaves Parliament better than the MP enters Parliament.
“Once an MP is elected, he must win the next election, and so they sacrifice everything to satisfy the voters in the constituency so that they could win again. So at the end of the day when they lose the election, they have lost everything, they have invested everything in the election, and they now have nothing,” he noted.
The subject of ex-gratia recently resurfaced following the former Council of State member, Togbe Afede’s decision to reject over 300 thousand Cedis paid to him after serving on the National Council of State between 2017 and 2020.
Subsequently, social media users showered accolades on the Paramount Chief for rejecting the amount paid him as ex-gratia.
The netizens praised him for protecting the public purse and thinking of the growth and development of the country. Even though, some people didn’t agree with him.
Source:
The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) successfully held its sixth (6th) Exchange Programme, hosted by the Ghana Export – Import Bank (GEXIM) Bank in Accra from March 22 to 23 March.
The event brought together member institutions, partner organisations and Ghanaian public entities to advance dialogue on South-South trade, investment and development finance, while also creating opportunities for knowledge-sharing and institutional cooperation.
Organised as a capacity-building and networking platform, the 2026 edition of the G-NEXID Exchange focused on GEXIM’s experience in developing innovative solutions to promote intra-African and extra-African trade.
It also highlighted trade and investment opportunities in Ghana, particularly in the context of the African Continental Free Trade Area (AfCFTA) and broader national development initiatives.
The Exchange Programme forms part of G-NEXID’s mandate to foster cooperation among export-import banks and development finance institutions in support of South-South trade and investment.
This 6th edition follows earlier successful programmes hosted by India Exim Bank (2016), BNDES (2017), Indonesia Eximbank (2018), Afreximbank (2019) and Saudi EXIM Bank (2025).
On the first day, participants were presented with G-NEXID institutional information and received an update on the Network’s 2026 work programme.
There were a series of substantive presentations, including an overview of the Ghanaian economy by the Ministry of Finance, with particular attention to debt-related challenges; a presentation by the Ghana Investment Promotion Centre (GIPC), on investment opportunities in the country; and institutional presentations by GEXIM and Development Bank Ghana (DBG) on their respective mandates, initiatives, products and services.
Discussions during the sessions underscored strong interest in sector-focused webinars and business dialogues, particularly in agribusiness value chains such as poultry and rice.
Participants also emphasized the importance of continued information exchange and the sharing of best practices, especially in the area of guarantees.
The second day opened with a presentation on the 24-Hour Economy and Accelerated Export Development Programme, a national economic transformation strategy launched by President John Dramani Mahama in July 2025.
The initiative aims to enhance economic productivity through continuous industrial activity, accelerated export development and strategic import substitution.
As the programme is expected to mobilise both private and development capital, it presents concrete opportunities for G-NEXID members in areas such as co-financing, guarantees, trade finance and technical cooperation.
The programme also featured institutional presentations by guest organisations, namely the African Guarantee and Economic Cooperation Fund (FAGACE) and the West African Development Bank (BOAD), which shared their mandates, initiatives, products and services.
Following these exchanges, the G-NEXID Secretariat held bilateral discussions with both institutions as part of the Network’s ongoing membership drive.
Participants further benefited from a presentation by the Eastern and Southern African Trade and Development Bank (TDB), as well as a showcase of GEXIM’s key pipeline projects.
On the margins of the Exchange Programme, G-NEXID members also held their 20th Annual General Assembly Meeting to review progress and discuss strategic priorities.
Following the event, participants joined the GEXIM@10 International Conference, held from March 24-25, 2026 under the theme, “A Decade of Enabling Export Trade and Industrial Transformation: Resetting GEXIM for the Next Frontier.”
The conference provided an important platform for exploring how Ghana can strengthen its transition from a primary commodity exporter to a more competitive player in value-added trade and industrial development.
Source – G-NEXID
President John Dramani Mahama on Tuesday, March 31, 2026, signed five bills including three amendment bills passed by Parliament into law.
They are: Security and Intelligence Agencies Bill, 2025; University of Engineering and Agricultural Sciences Bill, 2025; Ghana Deposit Protection (Amendment) Bill, 2025; Growth and Sustainability Levy (Amendment) Bill, 2026; and Education Regulatory Bodies (Amendment) Bill, 2026.
In a brief remark after assenting to the bills, President Mahama explained that the Security and Intelligence Agencies Act, 2026, scraps the Office of Minister of National Security and frees the President’s to appoint any Minister to supervise the security agencies.
He said it also reverses the name of the office of National Intelligence Bureau (NIB), to the original name, Bureau of National Intelligence, (BNI).
This the President said, addresses the confusion between that security agency and a well-known Ghanaian financial institution, the National Investment Bank.
President Mahama also noted that the University of Engineering and Agricultural Sciences Act, 2026, establishes another University in the Eastern Region, at Bonsu, with three campuses – the main campus at Bonsu in the Eastern Region, with the second campus to be cited at Ohawu in the Oti Region.
The third, the Presdient assed will be located at Acherensua in the Ahafo Region.
Touching on the Amendment to the Growth and Sustainability Levy Act, the President said, “As you’re aware, the act was amended to increase it from 1% to 3%, and so this act reduces it again. That is the levy on mining companies. It reduces it again to 1%, because of the introduction of the sliding scale of royalties.”
He also spoke to the passage of the Government Education Regulatory Bodies Amendment Act, emphasising that amends Act 1023 to grant greater flexibility to private tertiary institutions and the option to Charter.
The Ghana Deposit Protection Amendment Act, the President concluded, is an amendment to an original act that was supposed to guarantee deposits held in commercial banks or financial institutions.
It basically expands protection to include mobile money wallets and other digital platforms, ensuring a wider scope of digital financial assets are secured.
The signing ceremony, was witnessed by the Clerk of Parliament, Mr. Ebenezer Ahumah Djietror, Secretary to the President, Dr Callistus Mahama, the Minister of Justice and Attorney General, Dr Dominic Akrutinga Ayine, Chief of Staff, Julius Debrah, Joyce Bawa Mogtari, a Senior Presidential Advisor and a Special Aide to the President, Finance Minister, Dr Cassiel Ato Baah Forson, and the Vice President, Professor Jane Naana Opoku Agyemang.
