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
-
IMF Board set to approve Ghana’s final Programme Review, greenlight post-bailout economic plan
9 minutes -
Ghana to deploy condom vending machines nationwide by end of 2026 to boost HIV prevention
21 minutes -
NDPC briefs Speaker Bagbin on proposed consolidated national development plan
26 minutes -
Presbyterian Church launches Disability Policy, urges members to champion inclusion
31 minutes -
GPHA plans sports centre as it marks 40th anniversary
36 minutes -
Galamsey affecting fish production in Bono Region – Fisheries Commission
51 minutes -
Dambai College of Education appoints new Principal and Vice Principal
52 minutes -
Ho West chiefs and queens commend Volta Regional Minister for inclusive leadership
58 minutes -
Gov’t invests over GH¢900m under ‘No Stress Free’ initiative – Education Minister
1 hour -
Government committed to revamping cocoa industry – COCOBOD
1 hour -
Mahama assures transfer of UGMC to University of Ghana
1 hour -
Oti High Court adjourns NPP Krachi East Organiser election dispute to October
1 hour -
Yam theft suspect shot dead, farmer held in Oti Region
1 hour -
Sean ‘Diddy’ Combs Reportedly in Solitary Confinement Following Prison Fight
2 hours -
Oil slips 4% after US, Iran pause fighting over weekend
2 hours