Audio By Carbonatix
Former President John Dramani Mahama has stated that the Akufo-Addo-led government inherited over $270 million from the National Democratic Congress' administration.
Speaking at an event dubbed: Professional Dialogue Series on October 26, John Mahama refuted all claims made by President Akufo-Addo that he left the New Patriotic Party with nothing upon their assumption of power in the year 2017.
Outlining the success of the NDC, the flag bearer of the party revealed that his administration left the NPP revenue from two oil fields, a total of $270 million as well as some money in the stabilization fund.
"I left him revenue from two new oil fields; the Ten field and the ENI Sankofa field. I left him with $270 million in the Ghana infrastructure investment fund.
"I also left them $207 million in the Stabilisation Fund and about $300 million in the Sinking Fund," he stated.
He further reiterated that the NPP government has failed to maintain the economic growth and success that were passed on to them by the NDC.
The flag bearer of the NDC mentioned that the NPP is not capable of running the economic affairs of the country.
"Ghana was projected to achieve a growth of 8% of GDP in 2017 which was supposed to be sustained in the years to come.
"The NPP which came into office in 2017 inherited that growth but could not increase or maintain the height we chalked.
"In the subsequent years they recorded growth that has been below the 8% mark," he noted.
Latest Stories
-
Book Launch: Political Economy of Institutionalising Monitoring & Evaluation Practice in Africa
5 minutes -
Residents protest destruction of sacred Dodowa Forest for interim market
6 minutes -
New York Knicks win NBA championship for first time in over 50 years
31 minutes -
Panic as body of 67-year-old woman is stolen from Adevukope cemetery
35 minutes -
Unidentified road crash victim at 37 Military Hospital yet to be claimed
41 minutes -
High Court orders Greater Accra Regional Minister to be served for alleged contempt
1 hour -
Court did not encourage reconciliation in Nyinahin SHS assault case — Judicial Service
2 hours -
Refuse crisis deepens as over 500 Aboboyaa riders queue for hours
2 hours -
McGinn the hero as Scotland clinch memorable victory
3 hours -
Iran win four staff visa appeals but 11 banned
4 hours -
Norway braces for verdict in rape trial of crown princess’s son Høiby
4 hours -
Suspected armed robber dies from gunshot wound after snatching a taxi at La
5 hours -
Over 458,000 children miss school due to child labour in Ghana — CHRAJ
6 hours -
2026 World Cup: Vinicius Jr rescues draw as Brazil come from behind
6 hours -
BoG pulls the plug on unregulated crypto forex channels
6 hours