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Ignore NDC’s call for resignation of BoG Governor – NPP
The New Patriotic Party (NPP) has said that the National Democratic Congress’ (NDC) demand for the resignation of the Governor of the Bank of Ghana, Dr. Ernest Addison, and his deputies is a reflection of the party’s lack of ideas to help stabilize the economy.
The NDC on Tuesday, August 8, threatened to march to the premises of the Bank of Ghana to drag Dr. Addison and his deputies from office if they fail to resign within 21 days, due to what it described as the reckless management of the bank by the officials.
Speaking to Citi News, the Director of Communications of the NPP, Richard Ahiagbah, said the public should disregard the NDC’s propaganda.
“Is the NDC trying to run the Bank of Ghana now? Is that the point they want to communicate to us, that the Bank of Ghana cannot make a decision until they refer to the NDC? This whole thing the NDC is doing is a clear distraction, clear evidence that the NDC doesn’t have any message. The relevant message any political party should communicate now is how do we strengthen this recovery, how do we make this recovery long term, how do we turn the curve and remain on a path to growth?”
“The NDC must call another press conference on Wednesday, this one they have done is a mistake. They should call another and tell Ghanaians their ideas to ensure this economy continues to build forward, that is where the conversation should go.”
He added that the 60 billion Ghana cedi losses incurred by the Bank of Ghana in its 2022 fiscal year are not unique to Ghana, but are being experienced by other central banks as well.
“Central banks across the world are posting heavy losses, and the NDC knows about this. The Bank of England is owed in excess, a debt on their books, the Swiss bank is also owed, this is an incident happening across the board. This is because all economies are trying to build back due to COVID-19 and Russian-Ukraine war,” the Director of Communications of the NPP said.
Credit: Citinewsroom.com
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Manhyia would serve as Ghana’s unifying force …Otumfuo assures on commemoration of 27 years on the Golden Stool
The Asantehene, Otumfuo Osei Tutu II, last Friday celebrated his 27th enstoolment with a colourful and culture-rich ceremony at the Manhyia Palace in Kumasi, drawing a distinguished gathering of dignitaries from across Ghana and beyond.
Clad in splendid kente and adorned in rich traditional regalia, the dignitaries added colour and elegance to the occasion, as the palace grounds came alive with a vibrant display of Ghanaian culture.
Traditional drumming, dancing and symbolic rites underscored the deep-rooted heritage of the Ashanti Kingdom, captivating guests and reaffirming the value of tradition in modern society.
Speaking at a high-level Executive Gala organised by the Diaspora Affairs Office of the Office of the President in strategic partnership with the E ON 3 Group, the ‘World-Meets-in-Ghana’ gala, the Asantehene urged Ghanaians to guard against the divisive tendencies of partisan politics.
The event was to honour the Asantehene’s nearly three-decade reign under the theme ‘Advancing Peace and Sustainable Economic Development through Royal Vision’.
Otumfuo Osei Tutu II noted that such attitudes threatened the country’s long-standing values of unity, civility and brotherliness.
He assured that Manhyia would continue to serve as a unifying force for the nation.
The celebration also featured the presentation of commemorative gold coins to notable national leaders, including the President, John Dramani Mahama, former Presidents John Agyekum Kufuor and Nana Addo Dankwa Akufo-Addo as well as Dr Mahamudu Bawumia, a former Vice President in recognition of their contributions to peace and national development.
By Spectator Reporter
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Energy Minister announces full restoration of power generation units after major grid disruption
Energy Minister, John Jinapor has announced that all power generation units affected by the recent national grid disruption have been fully restored and are back in service.
According to the Minister on social media, engineers, technicians and emergency response teams worked continuously to restore electricity supply and stabilise the national grid after the incident caused major challenges within the power sector.
In a statement, the Minister praised the efforts of personnel from the Ghana Grid Company Limited, Volta River Authority and Electricity Company of Ghana for their commitment and coordination during the emergency.
“Mission accomplished. All generation units are now back in service,” the Minister stated.
He explained that despite the scale of the disruption, technical teams worked around the clock to restore power and secure stability within the system.
“Through their tireless work, discipline, and commitment to country, power has been restored and system stability secured,” he said.
The Minister further expressed appreciation to the leadership and staff of GRIDCo, VRA, ECG and other supporting agencies for their collective response to the crisis.
According to him, the successful restoration of the system demonstrates the resilience and capability of Ghanaian professionals in times of national difficulty.
“This moment shows that even under pressure, Ghana can rely on the strength and skill of its people,” he added.
The Minister offered prayers for the country’s energy sector and the engineers who led the restoration efforts.
“May God bless our engineers, our energy sector, and our nation,” he stated.
By: Jacob Aggrey
