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Kojo Oppong Nkrumah questions accuracy of January inflation rate
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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
Lawyers for former NAFCO Chief Executive Officer, Hanan Abdul-Wahab Aludiba, say they will file an appeal despite a High Court directive for the Attorney General to amend two counts of defrauding by false pretences in the ongoing case.
The court on Wednesday ordered the AG to amend the two charges in the case involving the former NAFCO CEO and co-accused, Faiza Seidu Wuni.
Reacting to the ruling, counsel for Hanan Aludiba, Godfred Yeboah Dame, expressed dissatisfaction with the decision.
“Even though they’ve been ordered to amend some of the charges, we’ll still file an appeal. I think the decision was not so sound,” he said.
The case is part of ongoing prosecutions linked to alleged financial irregularities at the National Food Buffer Stock Company (NAFCO).
The High Court’s directive means the prosecution will have to revise aspects of the charge sheet before the trial proceeds further.
Background
Counsel for former NAFCO CEO Hanan Abdul-Wahab Aludiba, led by Godfred Yeboah Dame, filed an application seeking to have the charges against their client dismissed.
They contend the charges are fundamentally flawed and violate his right to a fair trial.
The State, represented by Deputy Attorney General Dr. Justice Srem-Sai, opposed the application, maintaining that the charges are valid and that the accused ought to face trial.
Lawyers for Hanan’s wife, Faiza Seidu Wuni, led by Augustine Obour, who would also benefit if the application succeeded, yielded their time to the lead counsel for the first accused.
By Edem Mensah-Tsotorme
News
High Court rejects dismissal request in NAFCO Case, orders prosecution to amend 2 of 16 Charges Against former CEO
The High Court has declined a request by lead counsel for former National Food Buffer Stock Company (NAFCO) Chief Executive Officer, Hanan Abdul-Wahab Aludiba, to dismiss charges against him, but has directed the Attorney General to amend two of the 16 counts filed against him.
Presiding Judge, Justice Francis Apangabonu Achibonga, a Justice of the Court of Appeal sitting with additional responsibility as a High Court judge, ruled today that while the prosecution must revise Counts 9 and 14, the trial will proceed on all charges.
This means the trial of the couple will continue on a combined 20 counts.
Hanan Abdul-Wahab Aludiba is facing 16 counts, while his wife, Faiza Seidu Wuni, is facing 4 counts. Both pleaded not guilty on May 18, 2026 and are currently on bail.
Godfred Yeboah Dame, former Attorney General and lead counsel for the first accused, had argued for the dismissal of the charges. Reacting after the ruling, he said the decision was not sound and indicated plans to file an appeal.
“Even though they’ve been ordered to amend some of the charges, we’ll still file an appeal. I think the decision was not so sound,” he stated.
Augustines Obuor is lead counsel for the second accused, Faiza Seidu Wuni, whiles the Republic was represented by Dr. Justice Srem-Sai, Deputy Attorney General.
The case relates to alleged financial irregularities at NAFCO and is being closely watched as part of government’s efforts to hold public officials accountable.
The court has directed the prosecution to effect the amendments to Counts 9 and 14 before the trial proceeds further.
By Edem Mensah-Tsotorme
