
Audio By Carbonatix
Dr Kwaku Osafo, a Presidential Aspirant of the Convention Peoples Party (CPP), on Saturday said the Party and its founder, Dr Kwame Nkrumah, the first President, were not against foreign companies investing in the country.Addressing a press conference at Takoradi, he said Dr Nkrumah promoted foreign direct investment and ensured that the country obtained good equity from the companies.Dr Osafo said when the CPP comes to power it would continue the work of Dr Nkrumah in this direction to improve the country's equity in foreign companies.He said the Party would make it possible for the government, institutions and individuals to have equity in Banks.Dr Osafo said the government must have more equity in the banks to enable the country derive more benefits from the banking system.He said the private sector cannot be the engine of growth of the economy because the country is a developing economy and most funds are in the hands of the state.
Dr Osafo said the state and the private sector must play complementary role in developing the economy, promoting education and grooming entrepreneurs.
He said if this were not done, the means of production would be in the hands of few individuals.Dr Osafo said development is about the dignity of the human being and dignity is a collective responsibility that all Ghanaians must work towards.
He said corruption is a big problem in the country and asked presidential aspirants of all political parties to declare their assets as he has done to help eradicate corruption.Dr Osafo said corruption deprives the country of the needed funds to construct social infrastructure to relief poverty.
He said the fight against corruption should be the collective responsibility of all Ghanaians and the Commission on Human Rights and Administrative Justice (Chraj) should be empowered to prosecute corrupt people.Dr Osafo said people should not pay lip-service to the fight against corruption otherwise it would never be eradicated.He said the Western Region would be worse off when oil exploration begins if corruption is not stamped out.Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Foreign Affairs Ministry advises Ghanaians to take recommended vaccinations before traveling to Senegal
26 minutes -
NACOC Central Regional Command partners with NSRA on drug awareness campaign
50 minutes -
Galaxy, DPS and Lycee Français shine at part 2 of 2026 Ghana International School Festival
52 minutes -
Project C.U.R.E. donates vital medical supplies to support GMTF’s ‘Heal Ghana’ agenda
55 minutes -
Engineers and Planners Ltd secures Damang Mining Lease after grueling $500m competitive tender
58 minutes -
I never went to university – Tommy Annan Forson
1 hour -
NACOC concludes four-day anti-drug operation in Eastern, Greater Accra regions
1 hour -
Cedi dips further as external shocks intensify; one dollar equals GH¢11.70 at forex bureaus
2 hours -
Sampa chieftaincy dispute: Sammordua dragged to court for contempt
2 hours -
Okyere Baafi calls for suspension of Publican AI system over ‘serious flaws’
2 hours -
VIP Transport defends fare increase over rising fuel and maintenance costs
2 hours -
LGBTQ+ issues not a priority for Ghanaians – Felix Kwakye Ofosu
2 hours -
Kwakye Ofosu rejects NPP Minority’s call for apology over anti-LGBTQ bill
2 hours -
Music giant Universal gets $64bn takeover offer
3 hours -
NPP criticism of anti-LGBTQ Bill ‘nothing more than political posturing’ — Kwakye Ofosu
3 hours