Audio By Carbonatix
The Local Government Minister has said the government’s flagship 24-hour market initiative is expected to become a major economic driver and significantly transform Ghana’s economy within the next two years.
Speaking on Asempa FM’s Ekosii Sen, Ahmed Ibrahim, explained that the project is designed to open up the country economically while creating new opportunities for businesses and communities.
According to him, the modern market system will not only boost commerce but also help decongest major cities by relocating trading activities into well-planned spaces with adequate infrastructure.
“The 24-hour markets will create an economic powerhouse and open up Ghana,” he stated.
Mr. Ibrahim noted that the markets are scalable and tailored to meet the growing needs of traders, particularly in areas where modern trading facilities are lacking.
He stressed that many Ghanaian entrepreneurs currently operate without access to structured markets, making the project a timely intervention.
He also raised concerns about land tenure challenges, warning that failure to secure strategic locations for such developments could allow foreign interests to dominate key commercial spaces.
The Minister further urged communities to take ownership of the project and support its implementation to ensure its success.
“With the level of progress so far, people are impressed. Within two years, the markets should be operational,” he assured.
Latest Stories
-
ECG procurement is where politicians ‘milk’ the company – Ben Boakye
10 minutes -
IPPs’ contractual arrangements partly to blame for energy sector problems – TUC’s Dr Otoo
22 minutes -
Like Benzema & as good as Haaland – Alonso on Joao Pedro
25 minutes -
Check out 41 countries Ghanaians can visit without a visa on ordinary passports
35 minutes -
I disrupted pre-season travel plans to prepare players – Arteta
42 minutes -
Richarlison’s move to Vasco da Gama falls through
53 minutes -
Dictator meme shows lack of human awareness – Mbappe
56 minutes -
2030 World Cup: Moroccan official told to stop making 2030 final promise
1 hour -
Mourinho compares Mbappe and Vini Jr to fruit trees after boos
1 hour -
Lewis Hall signs new contract with Newcastle until 2031
1 hour -
Signed instead of Rashford, Gordon is proving worth at Barca
1 hour -
2026 BECE automatic placement rate hits 87.3%, highest since 2021 — CSSPS data
1 hour -
Ghanaian youngster Zayan Omar joins Spanish side Málaga
1 hour -
New Man City signings desperate to win – Dias
2 hours -
Morocco rejects Spain blame game, warns against using kingdom as political pawn
2 hours