Even the IMF is worried for Ghanaians under NDC THIEVES... The International Monetary Fund (IMF) is warning of a full-blown financial crisis for Ghana if aggressive measures are not taken to check government’s rising debts. ... read full comment
Even the IMF is worried for Ghanaians under NDC THIEVES... The International Monetary Fund (IMF) is warning of a full-blown financial crisis for Ghana if aggressive measures are not taken to check government’s rising debts.
The Fund gave the warning in its staff report sent to its Executive Board requesting it pass Ghana’s performance under the third review of the program.
According to the IMF staff, their fears are based on some tight financing conditions facing government as a result of challenges with revenue mobilization, a development that could result in some overruns in the coming weeks, as the election season approaches.
“In the context of a much higher public debt level, a replay of the past spending splurges in election years would greatly heighten the risk of a full-blown economic and financial crisis and undermine Ghana’s development progress."
The staff in its 121-page report noted that even absent such a policy slippage, heightened risk aversion and investor uncertainty as the December 2016 election approaches could yet pose a challenge. It was therefore of the view that, it will be very important for the government to sustain fiscal transparency and be ready to tighten policies aggressively as the situation warrants.
Ghana’s debts
The staff maintained that Ghana’s risk of debt distress remains high under the updated debt sustainability analysis (DSA) with two relevant debt indicators breaching the thresholds under the baseline.
However, end-2015 debt-to-GDP ratio turned out to be smaller than envisaged in the previous DSA due to larger fiscal consolidation, higher nominal GDP, and exchange rate stabilization.
With continued fiscal efforts, prudent debt management, and careful selection of projects to be financed by non-concessional loans, the debt trajectory is now projected to show a more favourable path than before.
Discrepancies with fiscal data
The staff in its report on Ghana were of the view that the inconsistencies in fiscal reporting at the end of 2015, and first half of 2016, was more of timing issues and not indicative of worsening financial position of government
Keeping track with fiscal consolidation plan
The staff was of the view that achieving this target will require enhanced revenue collection and continued strict expenditure control, in particular of the wage bill while containing discretionary spending, and there must also be strong vigilance and efforts to achieve the revised 2016 budget objective
Banking assets continue to decline.
The IMF report continuous to paint a not so good picture of the banking sector when it comes to quality of their assets.
The fund maintained that The non-performing loan ratio increased to 18.8 percent in June 2016 from 11.2 percent a year earlier, reflecting the lagged impact of exchange rate depreciation and disruptions to energy supply, but also loan reclassification by some banks following an Asset Quality Review.
Banks increased provisions in response, from 5.1 to 7.9 percent of gross loans. The ratio of regulatory capital to risk-weighted assets was similar to a year earlier at 16.2 percent, although system profitability declined, with return on equity falling to 23 percent in June from 29 percent a year earlier.
Concerns with Amended Bank of Ghana Act
The staff described as unfortunate development in view of the sufficient credibility that inflation targeting framework has had to date, due to its failure to push ahead with some stick to some key amendments to the Bank of Ghana Act.
This includes one that would reduce central bank financing of government to zero, which did not muster sufficient parliamentary support. According to staff, the government has however promised to correct these shortcomings in 201
PRINCE KWASI ADADE (OFIE P33) 7 years ago
NANA IS THIS, B'MIA IS THAT. NONSENSE!!!! NDC, TALK TO US ABOUT THE ECONOMY AND STOP YOUR USUAL NDC STUPIDITY. IS THIS THE ECONOMY YOU INHERITED FROM NPP??? WE ARE TALKING ABOUT A DEBT OF WELL OVER 39 BILLION GOOD US DOLLARS ... read full comment
NANA IS THIS, B'MIA IS THAT. NONSENSE!!!! NDC, TALK TO US ABOUT THE ECONOMY AND STOP YOUR USUAL NDC STUPIDITY. IS THIS THE ECONOMY YOU INHERITED FROM NPP??? WE ARE TALKING ABOUT A DEBT OF WELL OVER 39 BILLION GOOD US DOLLARS , AND THAT AS AT TODAY, WE NEED SIX TIMES OUR OIL REVENUE JUST TO SERVICE THE INTEREST. EVERYDAY NANA IS THIS BAWUMIA IS THAT INSTEAD OF APOLOGISING TO THE GOOD PEOPLE OF GHANA. NDC, FIX THE ECONOMY AND STOP YOUR NONSENSE!!!! FOOLISH SCHOOL BOYS!!!!
insight to the bone 7 years ago
It is said religion and science must go together for the welfare of mankind and i say simple plain common sense , justice and science must always walk hand in hand. Not so long ago scientist using DNA analysis were able to pr ... read full comment
It is said religion and science must go together for the welfare of mankind and i say simple plain common sense , justice and science must always walk hand in hand. Not so long ago scientist using DNA analysis were able to prove the DNA of the Pharaohs of Egypt was identical to that of the sub Saharan people of Akan and also they practiced the culture and tradition of Matriarchy which plainly proves Akan are the true chosen people which we all already knew. The blue print for nation building as designed by God for every nation is in the Bible and recommends we dont mix with the philistines or other wicked people such as pepeni/ayigbe Sodom / Gomorrah least we suffer the fire and brimstone of retrogression , nor should we worship their golden calf of islam that can only bring bad-luck to our efforts of modernization and development. We all know the true reason why Acheampong and others were killed because knowing this they had begun the process of separating our blessed people from the menace of the ayigbe and later on the pepeni criminals. Seeing that they would loose their bread basket of free money they decided kill and brainwah the minds of our people with a FAKE revolution as the best way to hide a crime is to do it in the open . Corruption is now in the open and fools ignore this wickedness saying everyone is corrupt yet they piss in their pants at the thought the outsider Nana coming in. We have the law of the country hijacked by constitution written by minorities to ensure justice and freedom for the Akans can never be regained except by war. We have a govt which effectively denies the majority Akan true participation in the processes of a govt by the people and of the people since 70% of all appointees are pepeni northerners who hide behind their incompetence to ensure their true agenda of the devastation of the Akan economy. We have had Pharaohs, kings , paramount chiefs and all kinds system of state organizations through the millennia and now its time to get rid of all these useless Judas Iscariot traitor chiefs and their 30 pieces of V8 treachery that burden us and create a true modern state based on the positive experiences of progressive nations , so its now time for true democracy born in the blood of war as has been the case of all prosperous nations. Nobody can hide the true light and destiny of God's chosen people the Akan no matter the skinpain envy of the useless wicked idiots around and within us .We charge you to investigate the truth for yourselves and not be swayed by the noise , lies of the brainwashing propaganda as they only lead to doom and disgrace. Rather enter the light of wisdom , justice and freedom if not for yourselves but for future generations .We recognize the truth only because God put it in our hearts even before we are born . Do not allow fear to be your guide but rather have God in your heart and be courageous to fight even in the bloodiest of wars as no matter what we shall be victorious. Do not turn away or be blinded by the darkness of the evil , God has ordain we be a nation so arise with the clarion call for battle and do not allow them to finish the process of making us slaves in our own promised land of milk and honey. Many of you here are witnesses to the threats of their juju men and their national security forces who promised to destroy , kill or arrest me for speaking the truth but this whispering voice in the wilderness of pepeni/ayigbe corruption , wickedness and evil can not be silenced but rather grows louder . Yes we shall fight them in the hills and valleys but will never surrender as thousands will see the truth and join the battle for true freedom . we are all witnesses to thew fact that for over 50 years starting with Kotoka and followed by JJ's revolution we see there is not a single prosperous or wise Akan family of intelligentsia that has not suffered , or been persecuted leading to the dispensation or exodus of our most talented or blessed sons serving other nations in exile . The spawn of Satan following this ndc have secured the theft and think they will succeed in denying the will of God through the people in a peaceful ballot but we know they do not know God is with us and they will be booted out no matter what , we prepare not for elections but for the freedom fight of war. Their games of divide and rule by pitting the Ashantis/Twi speakers against the other Fanti speakers has failed and will never triumph again as we are now one , long live the republic of Akan. Yes the battle for freedom does not end with npp gaining power but rather the total freedom of all Akan people both here and in the ivory coast together with the return of our refugees from the diaspora.
OBIA DIE MIENU MIENU 7 years ago
NANA ADDO HAS ZERO LEADERSHIP QUALITIES, AND HAS NO VISION FOR PARTY OR GHANA, BEYOND WANTING TO LIVE AT PEDUASE LODGE AGAIN AND TO ENTERTAIN LIKE BRITISH ARISTOCRATS WITH HIS SELF-ACCLAIMED ELITE, SUPER-GHANAIAN FAMILY AND F ... read full comment
NANA ADDO HAS ZERO LEADERSHIP QUALITIES, AND HAS NO VISION FOR PARTY OR GHANA, BEYOND WANTING TO LIVE AT PEDUASE LODGE AGAIN AND TO ENTERTAIN LIKE BRITISH ARISTOCRATS WITH HIS SELF-ACCLAIMED ELITE, SUPER-GHANAIAN FAMILY AND FRIENDS.
HE IS JUST A PRETENTIOUS GRANDEE WANNA-BE, PRETENDING TO BE MORE BRITISH THAN EVEN PRINCE CHARLES HIMSELF. CLUELESS, LAZY POLITICIAN WHO JUST ENJOYS BEING A DEMI-GOD AND THE FUNFAIR OF BEING FLAGBEARER. IF YOU ARE HONEST, YOU WOULD SEE THAT HIS CHARACTER IS BEING A SEE-NOTHING, DO-NOTHING LAISSEZ-FAIR "PRESIDENT" WHILE THERE IS UTTER CHAOS BELOW HIM AND WITH MANY SYCOPHANTS TRYING TO PROVE THEY LOVE HIM MORE THAN HIS WIFE BY DOING BUFFOONISH THINGS.
THIS IS HOW A NANA ADDO ADDO PRESIDENCY WOULD LOOK LIKE!!!! UTTER CHAOS, PARTY DIVISIONS WITH FIGHTING OVER GOVERNMENT MONEY AND CONTRACTS BETWEEN GABBY, NANA BEDIATUO, KENNEDY AGYEPONG, WILLIAM OPPONG-BIO, NICH ADI-DARKO, KEN OFORI-ATTA,THE ASHANTI BLOC, ETC., TRIBAL DIVISIONS, ETC.
NANA ADDO CANNOT AND HE IS NOT INTERESTED IN THE HARD WORK OF LEADERSHIP OR SOLVING PROBLEMS. SAME WAY IF HE EVER BECOMES PRESIDENT, HE WOULD DELUDE HIMSELF AND TELL GHANAIANS THAT THAT THERE IS NO DUMSOR, POOR ROADS, POOR HEALTHCARE, ETC IN GHANA, WHILES HIS LACKEYS WOULD BE PRAISING HIM AS A DEMI-GOD, THE BEST LEGAL BRAIN IN AFRICA EVER, AND THE BEST BLACK MAN THAT EVER LIVED, BLAH BLAH BLAH!! MIND YOU THE PROBLEMS OF A DEVELOPING COUNTRY ARE TOO BIG FOR ANY GOVERNMENT TO SOLVE QUICKLY, OTHERWISE IT WOULD ALL HAVE BEEN SOLVED DURING NKRUMAH, BUSIA, ACHEAMPONG, RAWLINGS, KUFUOR AND MILLS/ MAHAMA PRESIDENCIES. YET WE ARE LED TO BELIEVE THAT SOMEONE LIKE NANA ADDO, A LOCAL ACCRA LAWYER WHO HAS LIVED AND WORKED HERE IN GHANA ALL HIS LIFE, WITH NO EXPERIENCE SOLVING ANY COMPLEX LEGAL ISSUES OR MAJOR SOCIO-ECONOMIC PROBLEMS EVEN IN HIS OWN SMALL KYEBI AREA, JUST POMPOSITY AND PRETENSIONS OF BEING SOMEONE SPECIAL IS THE SOLUTION TO ALL OF GHANA AND THE BLACK MAN'S UNDER-DEVELOPMENT!!! THIS IS SOMEONE WHO DIDN'T APPLY HIMSELF IN SCHOOL, GRADUATING WITH A 3RD CLASS DEGREE, SOME ONE WHO WAS MP OF HIS AREA FOR THREE TERMS, YET THERE IS LITTLE DEVELOPMENT IN THE AREA TO PROVE HIS SPECIAL LEADER CREDENTIALS. GO TO KIBI AND SEE UNDER-DEVELOPMENT! EVEN THE JB DANQUAH MEMORIAL LIBRARY THAT NANA ADDO SPONSORED AND CUT THE SOD FOR HE NEVER COMPLETED IT, THE PROJECT IS LEFT UNATTENDED, DILAPIDATED AND OVERTAKEN BY WEEDS.
AND TO THOSE MUSLIM YOUTH AND YOUNG PEOPLE KILLING THEMSELVES FOR NANA ADDO TO BECOME PRESIDENT - YOU DO NOT KNOW THESE PEOPLE!!!!!!!!!!!!!!!!! THE MAN IS NOT EVEN PRESIDENT YET, HAVE YOU SEEN HIS CONVOYS? DO YOU KNOW THE COST OF THE HOTEL ROOMS HE PREFERS TO STAY IN WHENEVER HE VISITS LONDON, NEW YORK, AMSTERDAM, ETC??? HAVE YOU SEEN HOW HIS BODY GUARDS BEAT UP RAWLINGS AND ATTA MILLS AIDES TO A PULP IN NANA ADDO'S PRESENCE AT DIFFERENT OCCASIONS IN KUMASI AND IN THE CENTRAL REGION, WHEN NPP WAS IN POWER IN 2008? YOU ARE JUST KILLING YOURSELF FOR HIM AND HIS SELF-ACCLAIMED "ELITE AND SPECIAL GHANAIANS" FAMILY AND FRIENDS TO COME AND AMASS GHANA WEALTH AND SET UP THEIR CHILDREN'S CHILDREN CHILDREN'S FOR THE LIFESTYLES THEY BELIEVE IS THEIR "BIRTH RIGHT IN THIS WORLD". AND YOU SHEDDING YOUR BLOOD, YOU WONT EVEN GET 100 GHANA CEDIS OVER HIS "3" TERMS. YES, THIS NANA ADDO MAN AND HIS FORKED-TONGUE BOOT-LICKERS WOULD CHANGE THE CONSTITUTION OF GHANA TO ALLOW HIM TO RUN FOR A THIRD TERM AFTER RIGGING. YOU, YOU WOULD REMAIN AS POOR IF NOT POORER THAN BEFORE YOUR DEMI-GOD NANA ADDO BECAME PRESIDENT.
NANA ADDO WHO CURRENTLY HAS MUCUS DRIPPING DISGUSTINGLY FROM HIS NOSE ON STAGE. IS THIS THE SUPERMAN SUPPOSED TO REPRESENT GHANA ON A WORLD STAGE WITH THAT HIS FAKE LOCALLY ACQUIRED FOREIGN ACCENT???? DOES NANA ADDO LOOK LIKE A MAN WHO LIKES HARD WORK, OR CAN DO THE WORK OF GHANA PRESIDENT? - IN ONE WEEK, FROM CABINET MEETING, TO UN CONFERENCE, TO AU CONFERENCE, TO CENTRAL REGION, TO ASHANTI REGION, TO MEETING WITH AUSTRALIA PRESIDENT, ETC ETC. HE CANT DO THE WORK, ITS HIS FAMILY MEMBERS "I USED MY FATHERS CREDENTIALS FOR LAW SCHOOL" NANA ASANTE BEDIATUO, "RECENT LONDON RASTAMAN/ DJ AND GRADUATE" GABBY OTCHERE-DARKO, "SSNIT OBOTAN" KEN OFORI-ATTA, "I AM TOO GOOD TO DATE A BLACK MAN, AND I WOULD HOP ON MANY GERIATRIC WHITE FOREIGN AMBASSADORS' DICKS UNTIL I FIND ONE TO MARRY ME" HARD-LOOKING NANA YAA OFORI-ATTA, AND OTHER FORMER TORONTO TAXI-DRIVER RETURNEE FAMILY MEMBERS, ETC ETC ETC WHO WOULD BE GOING AROUND ACTING AS PRESIDENT (ALL SUBMITTING LONDON BANK ACCOUNTS FOR BRIBE-TAKING), WHILES THE PRESIDENT HIMSELF IS LIVING LIKE ROYALTY AT PEDUASE LODGE.
HAVE YOU SEEN HOW HE PUSHED ASIDE LONG-SERVING NPP MEMBERS FOR HIS SOCIAL FRIEND, CPP MAN FREDDY BLAY TO COME AND CHOP CHAIRMAN. IF HE EVER BECOMES PRESIDENT, YOU PEOPLE THAT CAMPAIGNED FOR HIM WOULD NOT GET SQUAT, NANA ADDO AND HIS KITCHEN CABINET WOULD GO AND BRING THEIR FRIENDS, BRITISH CITIZENS WITH GHANAIAN BACKGROUND WHO HAVE NOT STEPPED IN GHANA FOR FIFTY YEARS TO COME AND CHOP MINISTER, GOVERNOR, AMBASSADOR, ETC. YOU DON'T KNOW THESE PEOPLE WHO (ACCORDING TO NANA BEDIATUO ON ONE DSTV SHOW) ARE THE AMERICAN KENNEDY FAMILY OF GHANA WITH THEIR SO-CALLED HOLLYWOOD WIVES!!!!!!!!!!!!!!!!!!!!
COMMON SENSE 7 years ago
IF OBIRI BOAHEN STEP HIS FOOT AT TECHIMAN,WILL WILL HANG HIM,MOST USELESS PERSON AT BRONG AHAFO.
IF OBIRI BOAHEN STEP HIS FOOT AT TECHIMAN,WILL WILL HANG HIM,MOST USELESS PERSON AT BRONG AHAFO.
NPP SENIOR CITIZEN 7 years ago
I never knew NPP can breed monkeys for the Accra Zoo
I never knew NPP can breed monkeys for the Accra Zoo
Steve 7 years ago
Obiri, Aseidu mentioned names like the NPP candidate for Builsa South Seidu Gariba. Tell us Seidu Gariba was not working for them. What of the Kintanpo Npp canditure he mentioned and few others as well. Since then have they c ... read full comment
Obiri, Aseidu mentioned names like the NPP candidate for Builsa South Seidu Gariba. Tell us Seidu Gariba was not working for them. What of the Kintanpo Npp canditure he mentioned and few others as well. Since then have they come out to refute the accusation?
Steve 7 years ago
Obiri, Aseidu mentioned names like the NPP candidate for Builsa South Seidu Gariba. Tell us Seidu Gariba was not working for them. What of the Kintanpo Npp candidate he mentioned and few others as well. Since then have they c ... read full comment
Obiri, Aseidu mentioned names like the NPP candidate for Builsa South Seidu Gariba. Tell us Seidu Gariba was not working for them. What of the Kintanpo Npp candidate he mentioned and few others as well. Since then have they come out to refute the accusation?
john konjo 7 years ago
obiri boahen speaks with ugly nasal tonation. who even voted for this monkey. he claims to be a lawyer. tweeeaaaaaa....law has been thrown to the dogs.
obiri boahen speaks with ugly nasal tonation. who even voted for this monkey. he claims to be a lawyer. tweeeaaaaaa....law has been thrown to the dogs.
PRINCE KWASI ADADE (OFIE P33) 7 years ago
AUTHOR: MAHAMA B3 KO ------- *** ---I wonder why Mahama, Amissah-Arthur, Asiedu Nketia, Agalga, Inusah, Iddrisu, Limuna, Allotey, etc, etc are not responding and have not responded to any of the lectures the intelligent and b ... read full comment
AUTHOR: MAHAMA B3 KO ------- *** ---I wonder why Mahama, Amissah-Arthur, Asiedu Nketia, Agalga, Inusah, Iddrisu, Limuna, Allotey, etc, etc are not responding and have not responded to any of the lectures the intelligent and brilliant Economist, Alhaji Dr. Bawumia has been giving over the past 8 years and now displaying such mindless drivel. The latest lecture of Alhaji Dr. Mahammadu was titled " The State of the Ghanaian Economy, A Foundation of Straw or Concrete" where the incompetence, ineptness and corruption of Mahama and his NDC looters were exposed very, very horribly. This is what all these characters must respond to, not the silliness that toddlers will not even engage in. And if they cannot which is the case, one does not understand why Mahama is so desperate about his dwindling fortunes at the polls. The NPP led by Akufo Addo and M. Bawumia have the mandate of Ghanaians to lead this country to address the foundation of straw laid as a consequence of incompetence, mismanagement, looting and thievery, corruption and a profound and astounding lack of any vision.
Paa Nii 7 years ago
Asiedu - Nketia is a corrupt asshole.
Asiedu - Nketia is a corrupt asshole.
ROSEMARY 7 years ago
ASIEDUNKETIA can only joke about serious government issues because he's a millionaire now so our economic challenges don't affect him...... And foolishness won't allow him to humble down and feel the excruciating poverty of t ... read full comment
ASIEDUNKETIA can only joke about serious government issues because he's a millionaire now so our economic challenges don't affect him...... And foolishness won't allow him to humble down and feel the excruciating poverty of the NDC strongholds like North and Volta regions...... Hahahaaaaaa ide biiiii kakakakaaaaa...... Ghanaians are dying from the NDC massive thievery which has driven Ghana to its knees....
ROSEMARY 7 years ago
Honestly ASIEDUNKETIAS can only play propaganda politics but beyond that, HE IS TOTALLY USELESS, just like most NDC politicians..... Propaganda is their specialty...... The International Monetary Fund (IMF) is warning of a fu ... read full comment
Honestly ASIEDUNKETIAS can only play propaganda politics but beyond that, HE IS TOTALLY USELESS, just like most NDC politicians..... Propaganda is their specialty...... The International Monetary Fund (IMF) is warning of a full-blown financial crisis for Ghana if aggressive measures are not taken to check government’s rising debts.
The Fund gave the warning in its staff report sent to its Executive Board requesting it pass Ghana’s performance under the third review of the program.
According to the IMF staff, their fears are based on some tight financing conditions facing government as a result of challenges with revenue mobilization, a development that could result in some overruns in the coming weeks, as the election season approaches.
“In the context of a much higher public debt level, a replay of the past spending splurges in election years would greatly heighten the risk of a full-blown economic and financial crisis and undermine Ghana’s development progress."
The staff in its 121-page report noted that even absent such a policy slippage, heightened risk aversion and investor uncertainty as the December 2016 election approaches could yet pose a challenge. It was therefore of the view that, it will be very important for the government to sustain fiscal transparency and be ready to tighten policies aggressively as the situation warrants.
Ghana’s debts
The staff maintained that Ghana’s risk of debt distress remains high under the updated debt sustainability analysis (DSA) with two relevant debt indicators breaching the thresholds under the baseline.
However, end-2015 debt-to-GDP ratio turned out to be smaller than envisaged in the previous DSA due to larger fiscal consolidation, higher nominal GDP, and exchange rate stabilization.
With continued fiscal efforts, prudent debt management, and careful selection of projects to be financed by non-concessional loans, the debt trajectory is now projected to show a more favourable path than before.
Discrepancies with fiscal data
The staff in its report on Ghana were of the view that the inconsistencies in fiscal reporting at the end of 2015, and first half of 2016, was more of timing issues and not indicative of worsening financial position of government
Keeping track with fiscal consolidation plan
The staff was of the view that achieving this target will require enhanced revenue collection and continued strict expenditure control, in particular of the wage bill while containing discretionary spending, and there must also be strong vigilance and efforts to achieve the revised 2016 budget objective
Banking assets continue to decline.
The IMF report continuous to paint a not so good picture of the banking sector when it comes to quality of their assets.
The fund maintained that The non-performing loan ratio increased to 18.8 percent in June 2016 from 11.2 percent a year earlier, reflecting the lagged impact of exchange rate depreciation and disruptions to energy supply, but also loan reclassification by some banks following an Asset Quality Review.
Banks increased provisions in response, from 5.1 to 7.9 percent of gross loans. The ratio of regulatory capital to risk-weighted assets was similar to a year earlier at 16.2 percent, although system profitability declined, with return on equity falling to 23 percent in June from 29 percent a year earlier.
Concerns with Amended Bank of Ghana Act
The staff described as unfortunate development in view of the sufficient credibility that inflation targeting framework has had to date, due to its failure to push ahead with some stick to some key amendments to the Bank of Ghana Act.
This includes one that would reduce central bank financing of government to zero, which did not muster sufficient parliamentary support. According to staff, the government has however promised to correct these shortcomings in 201
...AGBESI KWESI 7 years ago
Why is there no Toll Booth on the 140 Km Alsphatic Fufulso-Sawla Road? Is it because the road leads to Prez Mahama's hometown? Is this not contrary to the national road policy? Why is Prez Mahama permitting this treachery? Th ... read full comment
Why is there no Toll Booth on the 140 Km Alsphatic Fufulso-Sawla Road? Is it because the road leads to Prez Mahama's hometown? Is this not contrary to the national road policy? Why is Prez Mahama permitting this treachery? The Accra-Kumasi road is about 200 Km yet has 3 Toll Booths. The Accra-Aflao Road is less than 200Km and also has 3 Toll Booths. What about the Accra-Aburi Road? The road is less than 50Km and yet has a Toll Booth. By using the National Road Standard for siting toll booths the Fufulso-Sawla road should have had at least 2 Toll Booths but nay, there is no single toll booth on that stretch of road 3years after its construction and Mahama is happy with that. This same Mahama will later turn around to say that there is no money to employ teachers and nurses and later go and borrow money at high interest rate to construct roads. Is this prudent management of the Ghanaian economy or are Ghanaians now colonized by the Western Gonja Caliphate and so other Ghanaians should sweat for Mahama's Family and friends. Who knows, may be the money used for the construction of the Fufulso- Sawla Road is part of the money Kufuor secured for the construction of the Hydro-dam in the Upper East Region and which was later divert by the NDC government to construct roads in the Northern Region - the home region of President Mahama. May God save us from the evil hands of Mahama
Bbb 7 years ago
Aseidu Nketia is a kayayo politician,worthless opportunistic fool talking loose as demented crazy buffoon.Leave this lizard he doesn't deserve a shit.His time coming.
Aseidu Nketia is a kayayo politician,worthless opportunistic fool talking loose as demented crazy buffoon.Leave this lizard he doesn't deserve a shit.His time coming.
EDUARDO DOMINGO 7 years ago
IF YOU HAVE SENSE YOU WOULD NOT BE IN THE NANA-ADO'S FACTION OF THE NPP ,. AND SINCE YOU HAVE NO SENSE AS IT IS OBVIOUS , HOW CAN YOU SPEAK WITH SENSE?
IF YOU HAVE SENSE YOU WOULD NOT BE IN THE NANA-ADO'S FACTION OF THE NPP ,. AND SINCE YOU HAVE NO SENSE AS IT IS OBVIOUS , HOW CAN YOU SPEAK WITH SENSE?
KOFI 7 years ago
That's for others to judge, cheap guy
That's for others to judge, cheap guy
123 7 years ago
NPP cyber goons have hijacked Ghanaweb.
NPP cyber goons have hijacked Ghanaweb.
MOI 7 years ago
TRUE TALK 123, AND ROSEMARY SAME AS OFOSUAA IS NUMBER GOON. NE SPEWS TRASH A LOT.
TRUE TALK 123, AND ROSEMARY SAME AS OFOSUAA IS NUMBER GOON. NE SPEWS TRASH A LOT.
Bonsu, Asokwa Kumasi 7 years ago
Nana Obiru let the public judge who makes sense. You can not be a judge in youe own case. I think Asiedu Nketia is a very intelliogent person The fact that he tries to infuse jokes into his submission does not make him less i ... read full comment
Nana Obiru let the public judge who makes sense. You can not be a judge in youe own case. I think Asiedu Nketia is a very intelliogent person The fact that he tries to infuse jokes into his submission does not make him less intelligent. His records from class 1 up to Business school Legon where he graduated is amazing. 12 years in parliament Bank Manager and his total contribution to mother Ghana is worthy to note. You may not like his politics but he is a gem
kofi adu 7 years ago
never,lie,foul,wishes.only idiots believe doing the same thing will give them different results.boahen you are leading a loosing party and think you are sensible.
never,lie,foul,wishes.only idiots believe doing the same thing will give them different results.boahen you are leading a loosing party and think you are sensible.
Nelson London. 7 years ago
Even sir John respect Asiedu Nketiah. Asiedu Nketiah is not a lawyer though, but he is smarter than you,he is also respected in all the ten region of Ghana than you stupid tribalistic, egocentric and arrogant obiri who hardly ... read full comment
Even sir John respect Asiedu Nketiah. Asiedu Nketiah is not a lawyer though, but he is smarter than you,he is also respected in all the ten region of Ghana than you stupid tribalistic, egocentric and arrogant obiri who hardly win a floating vote for your party.
kobby 7 years ago
And ur sense cant help u bring ur party to power and the one who speak with no sense is doing so. hmmm asem
And ur sense cant help u bring ur party to power and the one who speak with no sense is doing so. hmmm asem
tiago 7 years ago
look at this fool. u could not be elevated to general secretary when agyepong was sacked. think about that, Mr idiot
look at this fool. u could not be elevated to general secretary when agyepong was sacked. think about that, Mr idiot
Badbad 7 years ago
That thing insulting general mosquito is not popular
That thing insulting general mosquito is not popular
Kojo 7 years ago
You are a big fool, u compare urself with Asiedu Nketia? He is wiser than all NPPs brought together. Who knows u Obiri nonsence.
You are a big fool, u compare urself with Asiedu Nketia? He is wiser than all NPPs brought together. Who knows u Obiri nonsence.
Kofi Gbagbladza 7 years ago
Obiri Boahen is a bloody scoundrel. He talks like an idiot. Ugly idiot
Obiri Boahen is a bloody scoundrel. He talks like an idiot. Ugly idiot
Even the IMF is worried for Ghanaians under NDC THIEVES... The International Monetary Fund (IMF) is warning of a full-blown financial crisis for Ghana if aggressive measures are not taken to check government’s rising debts. ...
read full comment
NANA IS THIS, B'MIA IS THAT. NONSENSE!!!! NDC, TALK TO US ABOUT THE ECONOMY AND STOP YOUR USUAL NDC STUPIDITY. IS THIS THE ECONOMY YOU INHERITED FROM NPP??? WE ARE TALKING ABOUT A DEBT OF WELL OVER 39 BILLION GOOD US DOLLARS ...
read full comment
It is said religion and science must go together for the welfare of mankind and i say simple plain common sense , justice and science must always walk hand in hand. Not so long ago scientist using DNA analysis were able to pr ...
read full comment
NANA ADDO HAS ZERO LEADERSHIP QUALITIES, AND HAS NO VISION FOR PARTY OR GHANA, BEYOND WANTING TO LIVE AT PEDUASE LODGE AGAIN AND TO ENTERTAIN LIKE BRITISH ARISTOCRATS WITH HIS SELF-ACCLAIMED ELITE, SUPER-GHANAIAN FAMILY AND F ...
read full comment
IF OBIRI BOAHEN STEP HIS FOOT AT TECHIMAN,WILL WILL HANG HIM,MOST USELESS PERSON AT BRONG AHAFO.
I never knew NPP can breed monkeys for the Accra Zoo
Obiri, Aseidu mentioned names like the NPP candidate for Builsa South Seidu Gariba. Tell us Seidu Gariba was not working for them. What of the Kintanpo Npp canditure he mentioned and few others as well. Since then have they c ...
read full comment
Obiri, Aseidu mentioned names like the NPP candidate for Builsa South Seidu Gariba. Tell us Seidu Gariba was not working for them. What of the Kintanpo Npp candidate he mentioned and few others as well. Since then have they c ...
read full comment
obiri boahen speaks with ugly nasal tonation. who even voted for this monkey. he claims to be a lawyer. tweeeaaaaaa....law has been thrown to the dogs.
AUTHOR: MAHAMA B3 KO ------- *** ---I wonder why Mahama, Amissah-Arthur, Asiedu Nketia, Agalga, Inusah, Iddrisu, Limuna, Allotey, etc, etc are not responding and have not responded to any of the lectures the intelligent and b ...
read full comment
Asiedu - Nketia is a corrupt asshole.
ASIEDUNKETIA can only joke about serious government issues because he's a millionaire now so our economic challenges don't affect him...... And foolishness won't allow him to humble down and feel the excruciating poverty of t ...
read full comment
Honestly ASIEDUNKETIAS can only play propaganda politics but beyond that, HE IS TOTALLY USELESS, just like most NDC politicians..... Propaganda is their specialty...... The International Monetary Fund (IMF) is warning of a fu ...
read full comment
Why is there no Toll Booth on the 140 Km Alsphatic Fufulso-Sawla Road? Is it because the road leads to Prez Mahama's hometown? Is this not contrary to the national road policy? Why is Prez Mahama permitting this treachery? Th ...
read full comment
Aseidu Nketia is a kayayo politician,worthless opportunistic fool talking loose as demented crazy buffoon.Leave this lizard he doesn't deserve a shit.His time coming.
IF YOU HAVE SENSE YOU WOULD NOT BE IN THE NANA-ADO'S FACTION OF THE NPP ,. AND SINCE YOU HAVE NO SENSE AS IT IS OBVIOUS , HOW CAN YOU SPEAK WITH SENSE?
That's for others to judge, cheap guy
NPP cyber goons have hijacked Ghanaweb.
TRUE TALK 123, AND ROSEMARY SAME AS OFOSUAA IS NUMBER GOON. NE SPEWS TRASH A LOT.
Nana Obiru let the public judge who makes sense. You can not be a judge in youe own case. I think Asiedu Nketia is a very intelliogent person The fact that he tries to infuse jokes into his submission does not make him less i ...
read full comment
never,lie,foul,wishes.only idiots believe doing the same thing will give them different results.boahen you are leading a loosing party and think you are sensible.
Even sir John respect Asiedu Nketiah. Asiedu Nketiah is not a lawyer though, but he is smarter than you,he is also respected in all the ten region of Ghana than you stupid tribalistic, egocentric and arrogant obiri who hardly ...
read full comment
And ur sense cant help u bring ur party to power and the one who speak with no sense is doing so. hmmm asem
look at this fool. u could not be elevated to general secretary when agyepong was sacked. think about that, Mr idiot
That thing insulting general mosquito is not popular
You are a big fool, u compare urself with Asiedu Nketia? He is wiser than all NPPs brought together. Who knows u Obiri nonsence.
Obiri Boahen is a bloody scoundrel. He talks like an idiot. Ugly idiot