Audio By Carbonatix
The Vice President, Dr Mahamudu Bawumia, on Thursday gave his take on the state of the Ghanaian economy.
“Today, our economy is witnessing rising prices of fuel, and virtually all commodities like bread, rice, sugar, sachet water, cement, iron rods, and so on. From Malata market through Abofour market, to Techiman Market, to Takoradi market circle, to Kpando and almost everywhere across the country, prices are on the rise,” he said.

Nonetheless, he stated that "in the midst of the current economic challenges we face, we are putting in place the key pillars for the economic transformation of Ghana. Our progress has been temporarily stalled."
In reaction to the Vice President's speech, some users on social media space Twitter, say the Vice President is out of touch with reality. They noted that the statistics for previous years provided by Dr Bawumia does not reflect the current standard of living.
Bawumia would have better served the country as a Researcher or Data Analyst, than president/veep
— PROTEAN 🎻 (@anankani_prince) April 7, 2022
Veep, Speech is full of Digitalization.
— Bernardino Garcia jnr (@bernard_hanzie) April 7, 2022
🙄🙄🙄
Let's talk about Digitalization#StateOfTheEconomy
I don’t know but I can feel this NPP Government Is Divided, the VEEP will say this, than the finance Min. To will come and say different thing #StateOfTheEconomy
— BuBu 🇬🇭 (@BaniniB) April 7, 2022
Summary of Bawumia Speech
— John Mahama, Prez Jan, 2024 | JJ in memory 4eva (@ElvisKwakuAttah) April 8, 2022
—————————
For the first time in our history
For the first time in our history
For the first time in our history
For the first time in our history
For the first time in our history@MBawumia @EnamKem @tabi_henry @AnnanPerry
🤣🤣🤣
They also expressed disappointment in the Vice President for shying away from the Electronic Transaction levy (E-levy) since he opposed the taxation of electronic transactions.
We were expecting him to tell us how the e-levy will be used to revive the economy but he swerved. That shows how useless the task is. 😂😂😂
— S A G E (@logical_nash) April 8, 2022
So Bawumia talked about everything E and left out e-levy? Anaaa my ears no good.
— Nana Kofi (@paquophy2) April 8, 2022
Mr.Veep has been giving theories like a philosopher for the past 6years. It’s about time someone close to him reminds him of his role.Leave theorizing to academics, advocates and activists. Yours is to show working. #BawumiaLies #BawumiaIsALiar
— Tein UCC (@tein_ucc) April 7, 2022
The Vice President spoke at the National TESCON Training and Orientation Conference organised by the National Youth Wing of the New Patriotic Party (NPP) in collaboration with the Danquah Institute.
Veep making me feel like I studied a different kind of economics. Eiii
— Adubea (@seabaid) April 7, 2022
The veep speech was not encouraging at all
— Frank Underwood❤️🇬🇭 (@FAgbosu) April 7, 2022
Talking talking talking nkoaa. The situation on the ground is different. So irritating listening to the veep.
— Simple (@simple_bryt) April 7, 2022
Latest Stories
-
NDC can work with Jean Mensa despite earlier calls for her removal – Asiedu Nketia
4 minutes -
2 cedis diesel relief not generosity – Minority
4 minutes -
The tool we already built: What the NPA’s diesel relief says about Ghana’s stabilization gap
7 minutes -
Stanbic Bank becomes first bank in Ghana to offer direct yuan settlement via CIPS
11 minutes -
Ghana’s Caleb Yirenkyi set for record €30m move to Coventry City
12 minutes -
Python encounter triggers deadly blast at Tarkwa tailings site – Police
13 minutes -
Photos: Speaker Bagbin commissions expanded Dialysis Unit at Upper West Regional Hospital
14 minutes -
Mrs Alice Manu
25 minutes -
Hugh Kwatelai Quartey-Papafio
28 minutes -
Government’s MMDCE election proposal is a ‘middle way’ between extremes — Asiedu Nketia
28 minutes -
Obuasi SecTech headteacher hospitalised after students assaulted him for allegedly burying a fetus
29 minutes -
Telecel champions ethical AI and data partnerships for Ghana’s digital future
36 minutes -
Ghana teachers want more training, but cost and access remain a challenge
37 minutes -
GES begins regional onboarding for new recruits on Friday
40 minutes -
Gideon Boako: IMF warns Ghana’s gold dependence leaves economy dangerously exposed
44 minutes