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Ghana nearly collapsed under former administration– GIPC Board Chairman states
The Chairman of the Governing Board of the Ghana Investment Promotion Centre (GIPC), Dr. Akwasi Opong-Fosu, has said Ghana came dangerously close to collapsing during the final years of the Akufo-Addo/Bawumia administration.
According to him, poor leadership, widespread corruption, and weak institutions pushed the country to the edge, creating deep frustration and hardship for many Ghanaians.
He made the statement at the Crossfire Governance and Leadership Public Lecture held at the Ghana Technology University College on Friday, July 19, 2025, under the theme “Conversation on Resetting the Nation.”
Dr. Opong-Fosu explained that during that period, the economy suffered badly.
“unemployment went up, the cedi kept falling, and many people felt abandoned by their leaders. Protests broke out, and public trust in government reached a breaking point,” he pointed.
“It wasn’t just bad policies. It was the erosion of hope, trust, and dignity. People felt like the government had become deaf to their cries.” he said.
He stressed that the situation could have led to national collapse, but Ghana’s democratic system held just barely.
He praised the Ghanaian people for using the 2024 elections to demand change through the ballot box.
Dr. Opong-Fosu noted that the country is now on a path of renewal under the Reset Agenda led by President John Dramani Mahama. However, he warned that the mistakes of the past must not be repeated.
He also reminded members of the ruling National Democratic Congress (NDC) to stay humble and serve the people with integrity.
At the same time, he urged the opposition New Patriotic Party (NPP) to play a constructive role by holding government to account in the interest of the nation.
“The work of resetting Ghana is not for the President alone, it is a shared responsibility,” he added.
By Jacob Aggrey
Ghana’s First Lady, Lordina Mahama, has made a generous donation to the country’s national female Under-17 and Under-20 teams – Black Maidens and Black Princesses- as they continue preparations for major international assignments.
The donation, made on Friday, May 22, was presented on behalf of the First Lady by the Minister for Gender, Children and Social Protection, Agnes Naa Momo Lartey, at the GFA Technical Centre in Prampram.
The gesture forms part of efforts to motivate and support Ghana’s young female footballers as they prepare to represent the country on the international stage.
The donation included essential food items and toiletries aimed at supporting the welfare and well-being of the players and technical teams.
The donation included cartons of Milo, T-rolls, soft drinks, toiletries, and a range of essential supplies aimed at supporting the welfare of the players, enhancing camp conditions, and easing preparations ahead of their respective assignments.
The Black Maidens are currently engaged in preparations for the FIFA U-17 Women’s World Cup qualifiers and are set to take on Liberia women’s national under-17 football team in the second-leg encounter in Liberia this weekend.
Meanwhile, the Black Princesses have already secured qualification to the FIFA U-20 Women’s World Cup after overcoming Uganda in the qualifiers, extending Ghana’s remarkable record to eight consecutive appearances at the tournament.
The donation by the First Lady was expected to boost morale within both camps while reinforcing national support for the young female footballers who continue to make the country proud.
The prosecution has officially rested its case in The Republic v Solomon Asamoah & Another, the high-profile legal battle commonly referred to as the “Sky Train” case.
The Deputy Attorney General Justice Srem Sai announced the development, praising the state’s team of hard-working prosecutors for successfully anchoring the state’s evidence before the High Court.
The criminal trial centers on the former Chief Executive Officer and the former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF).
The duo stands accused of illegally authorizing and paying out US$2 million to a foreign company without obtaining board directives or other mandatory statutory approvals.
State investigators have confirmed that the disbursed millions cannot be found.
Following the closure of the prosecution’s case, the accused persons moved the court for an opportunity to file a submission of no case.
The presiding judge granted the application, ordering the defense to submit their arguments by June 8.
The outcome of the June 8 filings will decide the fate of the trial:
With this, if the judge finds the defense’s submission convincing, the accused will be acquitted and discharged however, If the judge dismisses the submission, the court will order the accused officials to take the stand and explain why they should not face prison sentences.
By Edem Mensah-Tsotorme
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