Ghana's economy keeps deteriorating under Mahama

Ghana's economy keeps deteriorating under Mahama

The 2016 presidential candidate of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo is alleging the cost of electricity is more expensive than rent under the current administration.

Ghana's economy keeps deteriorating under Mahama

Nana Akufo-Addo during the inauguration of the NPP in South Africa

According to the NPP flagbearer the economic situation in Ghana continues to deteriorate under the government of President Mahama.

Can you believe that today in Ghana, for the ordinary Ghanaian, the cost of electricity is more than the cost of their rent? So forget even ‘dumsor’, it is now ‘yɛnsor’, because you can’t afford to pay. That is where we are,” Nana Addo said during the inauguration of the NPP, South African branch on Saturday, May7, 2016.

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He also indicated at the end of President Kufuor’s tenure, Ghana was growing at a rate of 8.4% without the benefit of oil. However, with oil revenues coming on stream, the Mahama government is growing Ghana at a rate of 3.9%.

Nana Addo will be seeking to capture power as president of the republic for the third time in November. He lost twice to NDC’s Prof. Mills in 2008 and Mahama in 2012.

Source: Yen.com.gh

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