Audio By Carbonatix
Deputy Finance Minister nominee, Thomas Nyarko Ampem, has clarified that the National Democratic Congress (NDC) is not opposed to the government's flagship One District, One Factory (1D1F) initiative but expressed concerns over the alarming rate at which tax exemptions were granted under the programme.
Speaking during his vetting before Parliament’s Appointments Committee, Mr Ampem highlighted issues surrounding the fairness and transparency of the tax exemption process, noting that led to the party's objections in the eighth Parliament.
“No, we are not against 1D1F, but we realised that the rate at which tax exemptions were being given out was alarming.
“We also did not feel there was a fair and scientific approach in selecting companies that would come under the 1D1F exemption regime,” he explained.
Mr Ampem, who previously served on the Finance Committee of Parliament, recalled numerous debates over exemption requests.
“I remember during committee sessions, the leader and I had several back-and-forth discussions about this. On one occasion, an exemption request we initially rejected was later resubmitted with a drastic reduction. This showed that some of the requests were inflated,” he revealed.
He further emphasised that opposition to the unchecked tax exemptions wasn’t limited to NDC members, adding that some members from the then-ruling NPP side also agreed with them.
"It was something in the interest of Mother Ghana, that we felt that we should object," he pointed out.
Latest Stories
-
Gov’t to extradite foreign national who secretly filmed Ghanaian women to face prosecution – Sam George
1 hour -
U20 WWC: Black Princesses to play Uganda in final round of qualifiers
1 hour -
‘I will never forget you’ – Kennedy Agyapong thanks supporters, NPP delegates after primaries
3 hours -
Woman found dead in boyfriend’s room at Somanya
5 hours -
Woman feared dead after being swept away in Nima drain amid heavy rain
5 hours -
Court grants GH¢10k bail to trader who posed as soldier at 37 Military Hospital
5 hours -
Tano North MP secures funding to reconstruct decades-old Yamfo Market
5 hours -
Haruna Iddrisu discharged after road traffic accident
5 hours -
Kenyans drop flowers for Valentine’s bouquets of cash. Not everyone is impressed
6 hours -
Human trafficking and cyber fraud syndicate busted at Pokuase
6 hours -
Photos: First Lady attends African First Ladies for Development meeting in Ethiopia
6 hours -
2026 U20 WWCQ: Black Princesses beat South Africa to make final round
6 hours -
World Para Athletics: UAE Ambassador applauds Ghana for medal-winning feat
7 hours -
Photos: Ghana’s path to AU Chairmanship begins with Vice Chair election
7 hours -
Chinese business leader Xu Ningquan champions lawful investment and deeper Ghana–China trade ties
8 hours
