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Kojo Oppong Nkrumah questions accuracy of January inflation rate
Former Information Minister Kojo Oppong Nkrumah has questioned whether the January inflation rate of 3.8 percent reflects what consumers are actually experiencing in the markets.
Speaking in an interview at parliament, Oppong Nkrumah said he has received messages from Ghanaians suggesting that the figure does not match market realities.
“As I’m hearing that figure, I’m also getting a lot of messages from people who are saying that what they see on the market doesn’t exactly correspond with that,” he said.
He added that when the government statistician appears before Parliament, there will be an opportunity to scrutinize the data and compare it with real market conditions.
“Many of your viewers and listeners, they buy from the markets, and they will be the best judges to tell us whether what they’re experiencing on the market is 3.8 percent or not,” Nkrumah said.
The former minister also criticized government efforts to control inflation, saying they focus on removing money from circulation rather than addressing supply-side challenges.
“The government had sterilized about 60 billion Ghana cedis from the system. In other words, that money has been sucked out of the economy, so people who want to use it to conduct transactions can’t even access it,” he explained.
He added that while the government claims inflation has been reduced, many Ghanaians continue to feel the impact of higher prices in their daily purchases.
By: Jacob Aggrey
Ghanaian cinema continues to break boundaries as Vibes The Movie has received an official nomination at the prestigious Toronto International Nollywood Film Festival (TINFF) in Toronto.
This latest international recognition is another proud moment for Ghana and a powerful testament to the creativity, originality, and global appeal of Ghanaian storytelling.
Directed by Big Ghun and starring Jeffrey Nortey, Vibes The Movie evolved from the hugely successful social media series, where the beloved characters Obolo Tui and Lil Pui captured the hearts of millions with their unique blend of rap, comedy, and relatable stories about the everyday struggles and ambitions of Ghanaian youth.
The film has already brought honour to Ghana on the international stage, most recently winning an Outstanding Achievement Award at the American Motion Pictures Festival in the United States.
The Chronicle noted that the film was recognized for its originality, craftsmanship, and storytelling impact among a competitive pool of global entries.
Now, with a nomination at TINFF in Canada, Vibes The Movie continues its remarkable journey from the streets of Accra to some of the world’s most respected film platforms.
The nomination underscores the growing global appreciation for authentic African stories and confirms that Ghanaian filmmakers are making a significant mark in international cinema.
As Vibes The Movie flies the Black Star high in Toronto, Ghana celebrates yet another cultural achievement that showcases the country’s talent, resilience, and storytelling excellence to the world
A prominent member of the ruling New Patriotic Party (NPP) has broken silence on the deep-seated internal machinations within the party, warning that the continuous victimization of members could severely jeopardize unity ahead of the general elections.
In a post on the party’s internal democratic processes, the former National Entrpreneurship and Innovation Programme (NEIP) boss, Kofi Ofosu Nkansah revealed how personal ambitions were stifled by party elites in the Asante Akyem Central constituency, despite overwhelming grassroots support.
According to the aggrieved party member, the decision to run for the parliamentary seat was not a self-serving agenda but a direct response to a call to service by the local constituents.
“My Asante Akyem Central people loved my politics and approached me to come and serve them as MP,” he stated.
He added that “But my own party elders blocked me and supported the incumbent MP to cheat through the system as if I was an outsider.”
The unfair playing field he revealed led to a massive financial distress. The stalwart disclosed incurring massive debts across two consecutive primary election cycles, alongside other personal challenges.
Despite the systemic sabotage, Kofi Ofosu Nkansah noted that he remained loyal, continuously defending both the NPP party and the government’s policies at all levels.
“Seeing what’s going on in the current polling station elections in several constituencies, it seems not much has changed,” he warned.
“The victimization of those who want to challenge current or former MPs should stop,” he stated.
With the general elections approaching, he cautioned,”You don’t treat party people anyhow and expect unconditional unity for the general elections.”
By Edem Mensah-Tsotorme
