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‘Which of your ‘old’ ideas reduced dollar rate or fuel prices?’ – Kobby Mensah to Oppong Nkrumah

Tue, Dec 30 2025 8:27 AM
in Ghana General News, News
which of your old ideas reduced dollar rate or fuel prices kobby mensah to oppong nkrumah
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'Which of your ‘old’ ideas reduced dollar rate or fuel prices?' - Kobby Mensah to Oppong Nkrumah

Chief Executive of the Ghana Tourism Development Company, Dr Kobby Mensah, has hit back at the Minority in Parliament after their press conference regarding the country’s economic management.

The Minority, led by former Information Minister Kojo Oppong Nkrumah, accused the ruling NDC government on December 29 of lacking originality and competence in management, specifically targeting the Bank of Ghana’s Gold-for-Reserves programme.

In a post on X, the Associate Professor at the University of Ghana Business School dismissed these criticisms, labelling the Minority as all talk without practical solutions.

He challenged Kojo Oppong Nkrumah on the Minority’s own legacy in government.

“Which of your ‘old’ ideas reduced the pound sterling from 23 cedis to 14? The dollar from 16 cedis to 11? Or reduced fuel from 20 cedis per litre to 10.37? Talk, Talk Party,” he wrote.

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The Minority’s press conference centred on an alleged $214 million state loss under the Gold-for-Reserves programme and called for a bipartisan parliamentary inquiry.

At the conference, Kojo Oppong Nkrumah argued that the government has failed to introduce any new economic strategies.

“The truth about this government is that they have not introduced any superior economic ideas. All they have been doing is rebranding, renaming old things and sometimes even hiding the details until we, the Minority, bring them to the public’s attention,” he said.

He further questioned what innovative policies the government would pursue after the IMF programme concludes in mid-2026.

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