Business News of Monday, 11 December 2017

Source: mynewsgh.com

Akufo-Addo now believes in China than Ghana - Sammy Gyamfi

President Nana Addo Dankwa Akufo-Addo President Nana Addo Dankwa Akufo-Addo

Spokesperson of Exton Cubic, Samuel Gyamfi is worried that President Nana Addo Dankwa Akufo-Addo is seeking to govern the country independent of foreign aid but his decisions regarding its natural resources prove otherwise.

“Akufo-Addo no longer believes in Ghana but believes in the Chinese because he is gradually mortgaging the natural resources of the country to Chinese and other foreigners. He now believes in the Chinese and his claim that Ghana would be independent of foreign aid is laughable”, he observed.

The President has on several occasions with Ghanaians in the Diaspora reiterated his determination to stop the over reliance on foreign partners to finance the country’s budget by ensuring that the citizens do so from their own resources.

“So you will be hearing a great deal about the Ghana that I am seeking with your support that is a Ghana beyond aid. A Ghana that will free itself from a mindset of dependence, of charity, of aid and handouts. The Ghana that is going to mobilise its own resources to develop and confront its own problems,” he stated.

But Mr Gyamfi who is skeptical about the President’s promise wondered why he will rather be taking decisions that seek to cripple wholly owned Ghanaian companies and handover projects they are embarking on to the Chinese citing bauxite deposits in the country as an example.

“This is the man who says he wants to rule Ghana beyond aid but is the same person who is in a haste to give Ghana’s bauxite deposits to the Chinese for a pittance; it smacks of double standards and I do not see his resolve being achieved with such a mentality”, he stressed.

According to him, claims that former President John Dramani Mahama gave 58% of the country’s bauxite to his brother is mere propaganda by elements within the current government to make Exton Cubic look bad.

“The Nyinahin bauxite concessions are in three villages and were discovered several decades ago. A number of foreign companies have tried to exploit the bauxite to no avail and no one claimed they took 58% of the country’s bauxite. In 2005 Aluminum Company of America tried and nobody said anything about 58%. In 2008 was the turn of Aluminum Company of Canada 2008-ALCAN they could also not do it and again nobody mentioned anything about 58%. Finally a Russian Company VINETCO between 2010 and 2013 tried without success before Exton Cubic came in 2014”

He wondered why under the previous companies nothing was mentioned about 58% of the entire bauxite deposits of the country only to turn the heat on Exton Cubic.

“We must learn to support our own because Exton Cubic is a wholly Ghanaian Company if the president is committed to ruling Ghana beyond aid. We have gold and oil in Ghana, find out how much is Ghana’s stake in each of them” he challenged.