Audio By Carbonatix
The MP for Tema East Titus Glover has decried government's culture of borrowing, underscoring that Ghana has been blessed with enough natural resources to be self-sustaining - except leadership.
Citing the numerous tourist destinations such as Nzulezu in the Western region, the MP is wondering "why black leaders can't think".
Titus Glover was speaking on Adom TV's Badwam discussing a $188m grant government is expecting from donor partners.
Government has been explaining that cash flow problem is in part the cause of government's challenge in managing the economy. Minister of Information and Media Relations Mahama Ayariga said last Saturday indicated that out of the $188m funds expected from donors, only about $10m have been released.
Titus Glover said money-making opportunities abound in Ghana and that government reliance on donors to support the country's budget was not the best.
He claimed the Tema Port rakes in $5 to $6 million per day and could even generate more revenue. "Ghana, we have money" the MP noted.
He said a tourist site such as Nzulezu could be developed to make it a dependable cash venture for government - only if leadership asserted itself.
Titus Glover said one could conclude that Ghana has a leadership problem if it compares a sought-after grant of $188m to Ghc 1bn pumped into GYEEDA.
The opposition MP also maintained that loans from the United Kingdom (U.K) to Ghana are simply the accumulated visa fees of teeming number of Ghanaians who apply to the U.K High Commission for visas
He advised government to take steps to wean itself from donor strings.
He is also asking government to collaborate with the private sector to make it more effective.
Latest Stories
-
Dutylex promises more in 2026; targets market expansion
1 minute -
Bawumia still NPP’s strongest asset — Northern region operations team
3 minutes -
Christian Service University inaugurates Most Rev. Prof. Emmanuel Asante as first chancellor
12 minutes -
Kumasi gridlock forces commuters to walk miles ahead of Christmas rush
16 minutes -
Paramount Chief of Assin Fosu honours John Boadu at grand durbar
18 minutes -
Minority flags election petitions, youth unemployment and third-term agenda as democratic threats
18 minutes -
Yamfo Traditional Council petitions President Mahama over security threat at College of Health
23 minutes -
PUWU threatens industrial action over illegal takeover of Ghana Water Lands in Ashanti region
24 minutes -
Minority accuses state of legitimising illegal gold and environmental destruction
35 minutes -
US$365m IMF cash credited to BoG account
35 minutes -
From Noah’s Ark to Ebo’s Ark: faith, frenzy and the fine line between divine warning and modern misunderstanding
36 minutes -
Minority warns Mahama over galamsey, GoldBod and environmental collapse
37 minutes -
John Boadu launches nationwide tour to foster unity ahead of NPP presidential primary
40 minutes -
ESDEV Foundation Africa, Gebeya partner to boost digital skills and youth employment in Ghana
42 minutes -
Full Text: Final recommendations of the CRC presented to President Mahama
45 minutes
