"24-Hour Economy Policy to Take Off on July 1": President Mahama Assures Ghanaians

"24-Hour Economy Policy to Take Off on July 1": President Mahama Assures Ghanaians

  • President John Mahama has confirmed that the 24-hour economy policy will launch on July 1, 2025, aiming to boost economic activity and create jobs
  • The policy will introduce 24-hour operations at the Tema and Takoradi harbours, impacting various sectors including commerce and industry
  • A 24-hour secretariat will be set up to oversee the policy's implementation, with the government investing in new assets and long-term partnerships

President John Mahama has assured Ghanaians that the 24-hour economy policy will take off on July 1, 2025, as planned.

The policy aims to boost economic activity, create jobs, and improve the overall quality of life for Ghanaians.

President Mahama, 24-hour economy, Tema Port, Takoradi Harbour, economic growth, create jobs.
President Mahama discloses that the 24-hour economy policy will be rolled out on July 1, 2025. Photo credit: John Dramani Mahama/Facebook.
Source: Facebook

Speaking at a recent event, President Mahama expressed his confidence in the policy's potential to transform the economy and improve the lives of Ghanaians.

He assured the public that the necessary preparations are being made to ensure a smooth rollout of the policy.

President Mahama further disclosed that the Tema and Takoradi harbours will be declared 24-hour ports when the policy is finally rolled out.

24-Hour economy policy components

The 24-hour economy policy is expected to have a positive impact on various sectors, including commerce, industry, and services.

It is anticipated that the policy will lead to increased economic activity, job creation, and improved productivity.

Ghanaians are optimistic about the potential benefits of the 24-hour economy policy.

Many believe that it will provide new opportunities for businesses, workers, and entrepreneurs, and help to drive economic growth and development.

A major component of the policy is the development of the Volta Lake Economic Corridor into a national logistics route.

Meanwhile, a 24-hour secretariat is expected to be established to coordinate the rollout of the policy.

“To guarantee institutional stability, I’m working with Parliament to establish the 24-hour economy secretariat as an independent authority, reporting directly to the President and backed by legislation,” the President was reported to have said recently.

In line with this, the government will invest in new assets, lake ports, and long-term partnerships.

Read the Facebook post below:

Mahama's update on 24-hour economy excites netizens.

The update provided by President Mahama on the rollout of the 24-hour Economy policy has sparked excitement among some Ghanaians on social media.

@Bismark Johnson said:

"Aban papa is working for Ghana."

@Share It Loud also said:

"The real deal...24hr economy is here. #24hrEconomy. As for the press conference we're used to it now."

@Philip Kingtoyo Tsey commented:

"Registrar General Department should be one of the institutions to be also considered for the 24hr economy policy John Dramani Mahama."
Ghanaian Pastor, President Mahama, 24-Hour Economy. No Jobs, Ghanaian youth.
Ghanaian pastor calls out President Mahama over unfulfilled 24-hour economy promise. Photo credit: Bishop Sam Owusu/Facebook.
Source: TikTok

Pastor slams Mahama over 24-hour economy

In a related development, YEN.com.gh reported that a Ghanaian pastor, Sam Owusu, called out President Mahama over his delay in implementing the 24-hour economy.

In his video, he asked the President to stop giving excuses and fulfil his promise since the youth needed jobs

Netizens who saw the video were displeased with his remarks and criticised the pastor.

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Source: YEN.com.gh

Authors:
Salifu Bagulube Moro avatar

Salifu Bagulube Moro (Human-Interest Editor) Salifu Bagulube Moro is a Human Interest Editor at YEN.com.gh. He has over five years of experience in journalism. He graduated from the Ghana Institute of Journalism in 2018, where he obtained a Bachelor’s Degree in Communication Studies with a specialization in Journalism. Salifu previously worked with Opera News as a Content Management Systems (CMS) Editor. He also worked as an Online Reporter for the Ghanatalksbusiness.com news portal, as well as with the Graphic Communications Group Limited as a National Service Person. Salifu joined YEN.com.gh in 2024. Email: salifu.moro@yen.com.gh.