Michael Okyere Baafi debunks claims on cement price reduction

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Former Deputy Minister of Trade and Industry, Michael Okyere Baafi, has refuted claims by the governing National Democratic Congress (NDC) that cement prices have dropped to GH₵82.

In a statement shared on his official Facebook page, Mr Baafi insisted that cement prices remain unchanged, stating categorically that the government has not held any discussions with manufacturers to influence pricing.

“Ghana operates a free market economy where prices are determined by market forces, not political gimmicks,” he said.

He explained that while the recent appreciation of the cedi provides an opportunity for price reductions, the NDC has instead resorted to spreading misinformation.

Mr Baafi urged producers to take advantage of the strengthened cedi to benefit consumers and called for leadership that promotes transparency and accountability.

“Ghana deserves truth, stability, and affordable prices,” he emphasised, adding that the focus should be on real solutions rather than propaganda.

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Cement

Michael Okyere Baafi