Audio By Carbonatix
The Member of Parliament for Adansi Asokwa has a problem with the name of the local currency - the Ghana Cedi.
K. T. Hammond is of the opinion that the use of "Ghana" is needless and must therefore be taken off.
He expressed his frustrations on the floor of Parliament on Wednesday on the issue which he says has been bugging him for years.
"Mr. speaker there is this thing going on about Ghana cedis. I have travelled widely throughout the world and I haven’t come across anything like Mongolia cedis.
“It is only in Ghana that we have cedis; what is this business about Ghana cedis?” he quizzed.
His comments were retorted by the some members of the majority side who screamed about the existence of US dollar to justify why the Ghana cedi must be maintained.
But the Adansi Asokwah MP will not yield: “They haven’t travelled before; US dollars is used because we have Jamaican dollars, Australian dollars, Canadian dollars you have so many dollars.”
“…Ghana is the only country with cedis. So why do we go on with Ghana cedis.”
The Deputy Speaker Doe Adjaho who presided over Wednesday's sittings however ruled him out of order.
The Bank of Ghana at the introduction of the new currency during the redenomination exercise found it necessary to re-designate it Ghana Cedi to distinguish it from the then existing currency because the two were to co-exist for some time.
Source: Joy News/Myjoyonline.com/Ghana
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
-
Emissions Levy had no impact on air pollution, research reveals
11 minutes -
DSTV enhanced packages stay in force as subscriptions rise following price adjustments
15 minutes -
Financial Stability Advisory Council holds final meeting for 2025
34 minutes -
Education in Review: 2025 marks turning point as Mahama resets Ghana’s education sector
40 minutes -
Nigeria AG orders fresh probe into alleged intimidation and assault of Sam Jonah’s River Park estate staff
47 minutes -
Concerned Small Scale Miners commend GoldBod’s efforts in addressing gold smuggling
56 minutes -
Haruna Mohammed claims Ghana Audit Service undermined
1 hour -
5 members of notorious robbery syndicate in Tema, Accra arrested
1 hour -
BoG, SEC and FIC hold Joint sensitisation workshop for Virtual Asset Service Providers
1 hour -
How Nico Cantor became one of the top voices in American soccer
2 hours -
Ghana colorectal cancer patients face low survival rates, KNUST study finds
2 hours -
Police arrest suspect in GH₵ 7.5m daylight robbery at Adabraka
2 hours -
Armwrestling: The Golden Arms’ 2025 Triumph and an Era of Unprecedented Victories
2 hours -
Ghanaian researcher wins ASCE editors’ recognition for modular construction study
2 hours -
Corruption fight: I don’t think there’s political persecution or witch-hunting – Edem Senanu
2 hours
