Audio By Carbonatix
The Chief Executive Officer (CEO) of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu Aboagye , has called on the government to move beyond simply making campaign promises and focus on the effective implementation of policies.
Speaking on the JoyNews AM Show, Mr Aboagye stressed, “You can’t just announce a 24-hour economy and expect it to work.”
He added that specific conditions must be met on the ground for such a policy to succeed.
He explained that for critical sectors such as manufacturing, certain key conditions need to be in place. “A reliable and affordable supply of electricity is critical for manufacturing businesses,” he pointed out. “Currently, the cost of energy accounts for around 30% of their total production costs. If the government is to provide energy, it must not only be reliable but also affordable for it to make a tangible difference.”
Linking this to the broader concept of a 24-hour economy, Mr Aboagye raised a vital question: “Are we truly prepared for a 24-hour economy? Before we rush into such ambitious plans, we need to ensure that the necessary infrastructure is already in place.”
He also criticised the previous government’s flagship programme, One District, One Factory, as another example of how policy promises often fail during implementation.
“When the programme was launched, entrepreneurs were promised certain incentives to help set up factories. However, many of them did not receive the support they were promised,” he revealed.
This example reinforces his argument that without consistent follow-through, even the best-intentioned initiatives can fail to deliver on their potential.
Mr Aboagye issued a strong call for action: “We need to move beyond political manifestos and focus on how we can actually implement these promises."
" It’s not just about talking; we must ensure the necessary infrastructure and support are in place to make these policies successful.”He concluded.
Latest Stories
-
US summer driving season hits as gasoline supplies squeezed tight
7 minutes -
Everyone needs to feel loved playing for England – Bellingham
15 minutes -
South Korea come from behind to defeat Czech Republic
19 minutes -
Denied World Cup entry, Somali referee Artan to officiate UEFA Super Cup
25 minutes -
Trump says Iran war deal close as Strait of Hormuz tensions linger
35 minutes -
Bawumia credits UK-Ghana Business Council for driving key investments
43 minutes -
UK High Commissioner commends Bawumia’s focus on policy-based politics
49 minutes -
Bawumia highlights strong UK-Ghana partnership after meeting British High Commissioner
56 minutes -
World Cup fever meets power anxiety: Ho residents plead for stable electricity
1 hour -
Nii Lante Vanderpuye ready to contest NDC chairmanship if Asiedu Nketia steps aside
1 hour -
Government to begin paying Free SHS suppliers’ arrears next week
1 hour -
CSOs urge Supreme Court to uphold legality of Special Prosecutor’s office
1 hour -
Mahama won’t shield Sedina Tamakloe from justice – Vanderpuye
1 hour -
GMet proposes Authority status under new legislative framework
1 hour -
Kpone Katamanso MCE condemns cattle invasion of school after viral video
1 hour