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
-
CCC 2026 Spirit of Revival with Rev Eastwood Anaba set to renew purpose and faith among congregants
8 minutes -
MyHelp–YourHelp Foundation donates GH¢85K worth of relief items to Nsawam Female Prison
60 minutes -
Chamber of Mines rejects ‘colonial relic’ claim, defends Ghana’s mining fiscal regime
1 hour -
NSA, Absa partner to roll out overdraft lifeline for National Service Personnel
1 hour -
Ghana finalizes strategic roadmap for Dakar 2026 Youth Olympics
1 hour -
AltAir Logistics unveils most affordable and value-packed packages for World Cup 2026
1 hour -
Ahmed Ibrahim warns contractors against shoddy work on 24-Hour Economy market projects
1 hour -
Construction of 20-kilometre Adankwame-Ntensere road to be completed soon – Atwima Nwabiagya North MP
1 hour -
24-hour markets to transform Ghana’s economy, set for completion within two years – Ahmed Ibrahim
1 hour -
NDC inherited a dysfunctional local government sector – Ahmed Ibrahim
2 hours -
Some vendors in Ellembelle reject ¢0.20 coins for business transactions
2 hours -
Release of GH¢5m to MMDAs in 2025 is unprecedented – Local Gov’t Minister
2 hours -
Chiefs deserve better compensation for their role in development – Local Gov’t Minister
2 hours -
Rebel Wilson’s claims against actress are ‘malicious concoctions’, Australian court hears
2 hours -
Mahama warns against interference in public sector discipline
2 hours