Tag: Ghana

  • Ghana’s president-elect to boost relationship with Nigeria

    Ghana’s president-elect to boost relationship with Nigeria

    The President-elect of Ghana, Mr Nana Akufo-Addo, on Monday said he will improve on the existing  relationship between Nigeria and Ghana during his tenure as president.

    Akufo-Addo spoke at the Imo Day of Thanksgiving held in Owerri.

    According to him, Nigeria/Ghana relationship should set a good example for the rest of West Africa.

    “I am determined, following the mandate my people have conferred on me to do everything to establish good relations with the leadership of this great country, Nigeria because together we can work for the construction of a better Africa,” he said.

    Akufo-Addo said that Ghanaians valued their relationship with Nigeria which dated back to decades, stressing that the stronger the relationship, the better for the rest of Africa.

    He praised the leadership spirit of his host, Gov. Rochas Okorocha of Imo State, and called on the people to give him maximum support.

    Former President, Chief Olusegun Obasanjo also commended Okorocha for the good work he was doing in the state.

    Obasanjo said that he was particularly delighted to join Imo people in thanking God for what he had used the governor to do in the state.

    He stressed that he was amazed to see a new Owerri town because the Owerri capital he saw on arrival was quite different from the one he used to know.

    “Rochas Okorocha was my unpaid adviser who helped me in most of the good policies I initiated as a president.

    “I want to congratulate him because he has changed the face of Owerri, I know this city very well. As I came today I was forced to ask, is this the Owerri that I used to know or another Owerri?” Obasanjo said.

    Earlier, Gov. Rochas Okorocha said the Imo Day of Thanksgiving was not for All Progress Congress (APC) members in the state only, adding that the event was for the entire Imo people.

    “The thanksgiving is for Imo people to thank God for what he has done in the lives of the state and her people,’’ he emphasised.

    Okorocha said that what the present administration had  achieved in the state would not have been possible without God.

    He thanked Obasanjo and Akufo-Addo for their participation  in the event.

    Chief Emmanuel Iwuanyanwu, who chaired the occasion, described Okorocha as “a statesman who knows when to play politics and when to offer leadership to his people.’’

    He said that the governor had never discriminated against people based on partisan politics but had continued to carry everybody along.

  • Nigerians react to MMM launch in Kenya and Ghana

    Nigerians react to MMM launch in Kenya and Ghana

    The creation of the Mavrodi Mondial Moneybox (MMM) in Kenya and Ghana, approximately 48 hours after its activities in Nigeria was suspended for a month, has caused increased panic among Nigerian MMM participants.

    Chiamaka Ugorji, the wife of Chuddy Ugorji, a leading MMM Nigeria promoter, attempted to calm nerves by writing an open letter to participants, but this failed to reassure Nigerians that their investments were safe.

    Some individuals, who spoke to the News Agency of Nigeria (NAN) on Monday in Abuja, shared their thoughts on the issue.

    A civil servant, Charity Okafor, said “I participated in the scheme twice by investing N500,000 and one million naira respectively and I got my money back with the large interest.

    “However, I felt I should not participate in the scheme any longer and I am lucky I had people around me who convinced me not to reinvest.

    “I know I would have turned into a crazy woman if I had money there during this suspension,” Okafor said.

    Ebube Okoh, a housewife, told NAN that she believed the launch of MMM in Ghana and Kenya had everything to do with the Nigerian chapter.

    “According to the website, the ban on withdrawals is due to negative reports by the media, heavy workload experiences by the system, and an attempt to prevent problems during the New Year.

    “I, however, believe that they have run out of people to get money from to pay back the large investments that were coming into the system.

    “I believe the money obtained in Kenya and Ghana will be used to make up for the deficit in Nigeria, besides both countries have higher currency values when compared to the Nigeria naira.

    “The launch in Ghana and Kenya can’t be a coincidence.”

    Gregory Bello, an engineer, said “I have money in the program but I am not as upset as other participants because it is a small amount of money in comparison to others.

    “The money I put in is the interest I got from my last investment. I am one of those hoping the system comes back in January for the sake of our sanity. I have friends who put in millions of naira and have either suddenly fallen ill or are showing signs of depression.

    “I just pray that MMM Nigeria has not crashed because many people will commit suicide or turn crazy,” Bello said.

  • Buhari to receive Ghana’s President-elect

    Buhari to receive Ghana’s President-elect

    President Muhammadu Buhari will host Ghana’s President-elect Nana Akufo-Addo who is on a three-day to Nigeria.

    Spokesman of the president-elect Eugene Arhin, in a statement said: “He is expected to deliver the keynote speech at the 2016 Future of Africa Awards ceremony in Lagos, and will also pay a courtesy call on the President of the Federal Republic of Nigeria, His Excellency Muhammadu Buhari, at the State House, in Abuja.”

    He is expected back in Ghana on Tuesday (tomorrow)

    Before he left Ghana, the President-elect yesterday held a national thanksgiving service to thank God for his victory at the polls.

    He assured Ghanaians that he had the team ready to govern the country.

  • Ghana: Akufo-Addo wins presidential election

    Ghana: Akufo-Addo wins presidential election

    •President Mohama concedes, congratulates president-elect

    Crowds of jubilant supporters gathered outside the house of the 72-year-old New Patriotic Party (NPP) leader, Mr. Nana Akufo-Addo, on Friday night as he was declared winner of Ghana’s Presidential Election that day, defeating President John Dramani Mahama.
    The jubilation spread across the streets of Accra and beyond yesterday as President Mahama conceded defeat to the former Foreign Affairs Minister and leader of the main opposition, who was making his third bid for the top job.
    Electoral umpire, Osei, said Akufo-Addo defeated President Mahama by 53.8 percent to 44.4 percent.
    “It is my duty and my privilege to declare Nana Akufo-Addo as the president-elect of Ghana,” she told a news conference in the capital, Accra, on Friday.
    Prior to Osei’s announcement, Akufo-Addo said on Twitter that Mahama called him “congratulating me on winning the 2016 presidential election”.
    “I make this solemn pledge to you tonight: I will not let you down. I will do all in my power to live up to your hopes and expectations,” Akufo-Addo told supporters in front of his residence.
    Al Jazeera quoted the president-elect as saying, “The expectations they have of me, that I’m gonna bring them a new government, a new style; a government of honesty, a government that is concerned about the welfare of our people – that basic commitment is the one I am determined to fulfill.”

  • U.S. congratulates Ghana, President-elect Akufo-Addo

    U.S. congratulates Ghana, President-elect Akufo-Addo

    The U.S. has congratulated Ghana and the country’s president-elect, Nana Akufo-Addo, on the success of the Dec. 7 Poll.

    Deputy Spokesperson of U.S. Department of State, Mark Toner, in a statement issued on Friday, said the outcome of the election was a proof of Ghana’s vibrant democracy.

    “The U.S. has congratulated the people of Ghana on the successful conclusion of the December 7 general election.

    “We also congratulate President-elect, Nana Akufo-Addo. The peaceful and inclusive nature of the election is a testament to Ghana’s citizens and its vibrant democracy,” he said.

    The U.S. also commended Ghana’s President, John Mahama, for demonstrating sportsmanship and statesmanship by respecting the outcome of the election, and the country’s electoral commission..

    “We commend President Mahama for respecting the results announced by the Electoral Commission, calling on his supporters to do the same.

    “We also commend him for demonstrating the leadership and commitment to democracy for which Ghana is known throughout the world.

    “We commend Ghana’s Electoral Commission for administering a credible election process.”

    He said the U.S. has also recognised the civil society organisations that contributed to a peaceful, transparent, and fair election.

    Toner said the Secretary of State, John Kerry, in a phone calls with Mahama and Akufo-Addo, said the U.S. and Ghana had a close and enduring friendship rooted in our mutual commitment to freedom and democratic values.

    “We look forward to working with President-elect Akufo-Addo and his administration on economic growth, health, governance and security in Ghana and throughout West Africa.

    “Ghana has a long tradition of peaceful democratic elections and we congratulate the country on its sustained commitment to democracy.” (NAN)

  • Ghana Polls: Opposition calls on president to concede defeat

    Ghana Polls: Opposition calls on president to concede defeat

    Ghana’s main opposition party on Thursday said it had a strong lead in elections and called on President John Mahama to concede defeat,comments which had been dismissed as “treasonable” by the incumbent’s campaign team.

    The New Patriotic Party (NPP) said its candidate, Nana Akufo-Addo, had won 52 per cent of the vote according to its own tally of Wednesday’s presidential poll, against 44.8 per cent for Mahama.

    The Electoral Commission said it had not certified any results in the closely fought race to lead the West African nation that has seen a series of peaceful transfers of power.

    However, figures shown by television and radio stations showed the opposition making gains in both races.

    “These are results that were declared at the polling stations. I am calling on the president to concede defeat,’’ NPP campaign chief Peter Mac Manu said.

    A senior official of the ruling party, Samuel Ofosu-Ampofo, countered that Mahama was “comfortably ahead” and asked his supporters to remain calm.

    “The results are still trickling in and the call and declaration by the NPP are irresponsible and treasonable because it can throw this country into chaos,’’ he added.

    Ghana is one of Africa’s most stable democracies and voters have rejected the government of the day twice since 2000.

    Until 2014, the country also had one of Africa’s most dynamic economies, though growth has slowed in part due to a fall in the price of its commodity exports.

  • Ghana elects president today

    Ghana elects president today

    President John Mahama will slug it out with his main rival Nana Akufo-Addo as Ghanaians elect their president and lawmakers today.
    There are 15.8 million registered voters who will determine the direction the West African country will go. Apart from the president, 275 members of parliament will be elected across the country.
    The president will be elected using the two-round system. The lawmakers will be elected in single-member constituencies using first-past-the-post voting.
    Campaigns ended on Monday with Mahama of the National Democratic Congress (NDC) and Akufo-Addo of the New Patriotic party (NPP) as leading candidates.
    “We are really at a pivotal moment,” Akufo-Addo told reporters in his residence in the capital, Accra, adding: “It is important that these acts of violence perpetrated by elements of the ruling party are brought before the courts.”
    Akufo-Addo, a 72-year-old lawyer, was minister of justice from 2001 until 2003 when he became foreign minister. Both Akufo-Addo and Mahama are veteran politicians. Both stem from rich and influential families and studied or worked abroad, before climbing the political ladder.
    At the weekend Mahama took to Twitter to call on Ghanaians to “ignore any form of provocation” this weekend, asking the Ghanaians to vote and “wait for the results peacefully.”
    Eligible voters must be Ghanaian citizens who are at least 18 years old, although those declared insane are disenfranchised. Parliamentary candidates must be Ghanaian citizens at least 21 years old, and either be resident in their constituency or have lived there for at least five of the ten years prior to the election
    Over 16 people filed with the election commission to run for president. However, 13 presidential candidates were disqualified due to incorrect filling procedures. Ivor Greenstreet from the Convention People’s Party is the first physically-challenged candidate to contest the presidential election
    President Mahama has joked he is known as “Mr Dumsor” – a reference to the power cuts that have plagued Ghana during his first term in office.
    “Dum” means off and “sor” means on in the local Twi language and Mr Mahama has come in for criticism for his inability to tackle the problem – as well as for the ailing economy and corruption scandals.
    Mahama is asking voters to disregard such problems and give him a second term.
    Vice-president under John Atta Mills, the 58-year-old became president when Mr Mills died, before winning the 2012 election by a slender margin.
    During his “Accounting to the People” tour this year, he sought to convince Ghanaians at home and abroad that he was delivering on his campaign promise of creating more jobs.
    He said a revamped sugar factory in Ghana’s western region would create 7,300 jobs and reduce the bill for sugar imports, which he said amounted to $300m.
    He also commissioned a new “Dubai-style” flyover in a busy business district in the capital, Accra, completed last month.
    However, his National Democratic Congress (NDC) government has not been able to deliver all of the 200 senior high schools it promised four years ago, while the local currency, the cedi, has fallen against the dollar and pound.
    The Mahama administration has also been hit by major corruption scandals.
    A major blow to his presidency has been his government’s inability to retrieve 51.2m cedis ($11,7m; £9.3m) paid by the government to a ruling NDC party financier, even though the Supreme Court ruled back in 2014 that the payment had been unconstitutional.
    When the president met Ghanaians in the UK in May, he told them that corruption had to be dealt with in a “more systematic manner” and indicated that he was “working towards a cashless society by 2020”.
    A Christian, Mr Mahama is a respected historian, writer and communications specialist who is known for having a sense of humour.
    He was born at Bole-Bamboi in Ghana’s northern region. He spent much of his 20s and 30s studying, including a period in Moscow, and worked at the Japanese embassy in Accra and for the NGO Plan International.
    He became an MP in 1996 and was communications minister from 1998 to 2000, when Jerry Rawlings was in power, and also served as a member of the Pan African Parliament based in Pretoria from 2004 to 2011, where he was Chairman of the West Africa Caucus.
    Akufo-Addo may have lost the two previous elections, but it is how he handled those losses that resonates with many in the build-up to today’s poll.
    He is credited with preventing possible violence in 2012 by not rejecting the outcome – a loss by 300,000 votes to current President John Mahama – and calling for mass protests.
    Instead, he sought legal redress and accepted defeat after the Supreme Court upheld the result.
    The 72-year-old son of former chief justice and ceremonial President Edward Akufo-Addo has retained his 2012 electoral promise to provide free high-school education.
    But the former lawyer, attorney general and foreign minister’s campaign is now focused on a “one district, one factory” policy that he says will industrialise the country.
    The plan is to establish factories in each of Ghana’s 216 districts.
    “The time has come for us to move our industrial development forward,” the presidential candidate told a rally in eastern Ghana.
    “There must be jobs in our country. The lack of jobs, which is the case under this government, poses a threat to the future stability of our country.”
    In the north, Mr Akufo-Addo said there would be a functioning dam “in every village” to support agriculture.
    His critics, mainly from the governing National Democratic Congress, have dismissed his promises as impossible to fulfil – but Mr Akufo-Addo insists they are not just gimmicks.
    Mr Akufo-Addo is also getting good backing from his wife Rebecca. She told a TV show that he was a “very loving” family man.
    Mr Akufo-Addo is credited with helping to build up the New Patriotic Party, which first contested an election in 1992 when Ghana returned to multiparty democracy after years of military rule.
    His political career spans more than four decades and he was active in political movements in his early 30s, when he criticised the military government of the time.
    He studied in both Ghana and the UK before working as a lawyer in France and served as an MP for the Abuakwa South constituency in eastern Ghana between 1996 and 2008.

  • Nigeria may lose fuel market to Ghana, says DPR

    Nigeria risks losing its fuel market in West Africa to Ghana, if it does not revive its four refineries and build new ones, Department of Petroleum Resources (DPR) Director Mordecai Danteni Ladan has said.

    At the Worldstage Economic Summit in Lagos, he said it was high time Nigeria refurbished its refineries and built more to reduce imports.

    Ladan represented by DPR’s Manager for Planning Kanmi Ayodeji, said Nigeria might lose a segment of the oil market following Ghana’s decision to build refineries and export petroleum products to Niger, Burkina Faso and Mali, among others in the subregion.

    He lamented that Nigeria was  losing in West Africa, and also not making money from crude oil sales in South and North America.

    Delivering a paper entitled: ‘’Achieving oil and gas reforms to boost indigenous participation, energy security,’’ Ladan said the country would make $500 on a barrel of crude if it stopped crude export and focused on refining  and selling crude oil derivatives, such as diesel, kerosene, petrol, rubber and other petrochemical products.

    This, he said, would help Nigeria to refine enough fuel for local consumption and for export to other countries in the sub-region.

    Ladan said: “Ghana will soon control the fuel market in West Africa if it continues exportation of fuel to countries in the sub-region. Ghana is deepening activities in the downstream sub-sector of its petroleum industry, and by extension West Africa, by refining and exporting fuel to neighbouring countries.

    “This means that the more fuel that is produced by Ghana, the more it exports the product and the more it dominates that segment of the oil industry in West Africa.”

    He described the development as a wake-up call for Nigeria to develop its refineries and build more.

    He noted that the Eleme Petrochemical Company in Port Harcourt, the Rivers State capital, returned to productivity months after it was sold to private investors.

    Refineries, he said, hold prospects for Nigeria because of its huge population, stressing that the Federal Government would realise more money from petroleum by-products.

    The DPR boss said the plastic, pharmaceutical, tyre, transportation industries and others would receive a boost when refineries work optimally.

    Ghana last month began fuel export from its Bolgatanga Petroleum Depot in Accra to Niger and Mali.

    Its Petroleum Minister, Emmanuel Armah-Kofi Buah, said at a forum in Lagos, that Ghana has another depot in Tema, which supplies products to Benin, Cameroun, Ivory Coast and others, adding that the country planned to export to Liberia.

    He said, barring any hitches, Ghana would dominate the fuel segment in the sub-region.

  • Just like us Ghana improves on ‘stomach infrastructure’

    In more than one way, Ghana is showing Nigeria superiority. In chronological age, the country once addressed as “Gold Coast” already comes first: she got her independence in 1957, three solid years ahead of Nigeria (1960).

    It is only in upending democracy that she was slightly overtaken by her Anglophone neighbour: military putschists struck in Accra a month (February 24, 1966) after the “5 Majors” rumbled in Lagos (January 15).

    In contemporary terms, while it is true Nigeria discovered oil first, Ghana, a newcomer in the sector, is fast evincing more gumption.

    Despite its manifest innumerable benefits, the Petroleum Industry Bill (PIB) is yet to be passed into law in Nigeria as our political actors continue to put personal/sectional interests before country.

    But without much ado, the Ghanaian congress took a bi-partisan route and turned PIB to law few days ago.

    Now, Ghana has transited to the realm of creativity. Since All Progressives Party (APC) was shellacked in the governorship polls in Ekiti State in 2014, Peoples Democratic Party (PDP) has often gloated one magic formula – “stomach infrastructure” – did it. Claiming to understand the psychology of politics better than the competition, PDP postulates that physical offer of a “congo” (measure) of rice, salt and “wedging” that cocktail with token cash on election eve is far more irresistible to most voters than the catalogue of infrastructural projects delivered for public use. Since it worked in Ekiti, PDP was then quick at laying claims to the patent right of “stomach infrastructure”.

    But, as usual, Ghana has exposed the structural inadequacies of that Nigerian creation by simply proceeding to stretch “stomach infrastructure” to its culinary limits. With campaigns revving up ahead of their forthcoming presidential elections, members of the National Democratic Congress, the ruling party in Ghana, have been bringing the unusual to rallies: jollof rice massed cooked in massive pots. Those interested were encouraged to help themselves to the feast as campaign “starters”.

    At a recent rally, a foot-soldier of NDC was seen squabbling with a serving female minister during a session of jollof rice (as pictured).

    The message should however not be lost: if they serve raw foodstuff in Nigeria, in Ghana value is already added to the condiment before offer is made to the people.

  • Ghana first!

    Ghana first!

    •Our West African neighbour has passed their version of PIB while we dither

    Ghana made what could be described as regional triumph with the passage into law of that country’s version of Petroleum Industry Bill (PIB) on August 4. Tagged Petroleum Production and Exploration Bill, its aim, like bills of similar nature, is to strengthen and improve the legal environment governing the exploration and production of fossil fuel.

    An interesting thing about the development is that before now, the country’s petroleum industry had a 1984 law which regulated the sector; but the country still felt the need to rework the law to, as the energy minister, Emmanuel Kofi Armah Buah noted, make it tighter and to reflect international standards and best practices.

    With this development, Ghana has sent a message to the international community that it is set to encourage multinational corporations to do business with it as well as attract more investment into the industry.

    For a country where oil was discovered only about nine years ago, this is a feat of sorts, compared with Nigeria where oil was discovered in 1956 but is still battling to have its PIB passed into law. The law governing the sector in Nigeria for now is fairly obsolete.

    The irony of the PIB is that virtually everybody agrees on its imperative if Nigeria is to draw maximum benefit from the oil sector. It is important for investors to know the rules guiding an industry they want to go into; irrespective of whether the laws are tough or soft; at least they know what it stipulates. It is better than winking in the dark, which is what investment in the country’s oil sector looks like in the present circumstance.

    One very good reason the country ought to have taken the bill more seriously is the fact that oil is the country’s mainstay; it provides about 80 per cent of the country’s revenue. Not only this, Nigeria, according to the former Minister of State for Petroleum Resources, Ibe Kachikwu, loses about $15billion in investments every year to the lack of a Petroleum Industry Act needed to curb the series of unwholesome practices in the petroleum sector. “I can tell you that the average source of volumes in investments that we are losing on an annual basis because of the lack of PIB is in excess of $15billion per year,” Kachikwu told the Senate at his ministerial screening, last year.

    In spite of all these advantages that underscore the importance of the bill, successive legislative houses have continued to dither with the PIB since 2008 when it was first sent to the National Assembly by the Alhaji Umaru Musa Yar’Adua administration. That was during the sixth National Assembly; we are now in the eighth, with no significant indication that the bill will make any major progress even now. Although the bill was re-introduced to the 7th assembly in 2012 by former President Goodluck Jonathan, with about 47 out of 360 members of the House of Representatives members present when it was passed in the twilight of their tenure, it failed to get a concurrent passage from the Senate.

    President Muhammadu Buhari should send an executive bill on PIB to the National Assembly to enable the legislators deliberate extensively on it and be able to pass it so it does not end up coming too late for the legislature to work on, as was the experience in the 7th assembly.

    Ghana’s passage of its own petroleum bill should serve as a wake-up call on the National Assembly to do not just the needful but the rightful on this all-important bill when it eventually comes. The PIB is too important to be trivialised or politicised.