Akosua Manu, the New Patriotic Party’s (NPP) 2024 parliamentary candidate for Adentan, has said the current administration led by President John Dramani Mahama is benefiting from the Gold for Oil policy introduced under former Vice President Dr Mahamudu Bawumia.
Speaking in an interview on Metro TV, Ms Manu argued that the policy continues to play a critical role in cushioning Ghana’s economy against external shocks and stabilising key sectors, despite the change in government.
She described the initiative as one of the most impactful economic interventions of the previous administration.
According to her, Dr Bawumia, the former Vice President of Ghana, laid a strong economic foundation through innovative policies, including the Gold for Oil programme, which the Mahama administration is now relying on to manage foreign exchange pressures and fuel price volatility.
“The Gold for Oil policy has helped Ghana manage its foreign exchange challenges and stabilise fuel prices. It is one of the key ideas that is holding the economy today,” Ms Manu stated.
She further described Dr Bawumia’s approach to economic management as forward-looking and solution-driven, noting that his ideas addressed long-standing structural challenges.
Ms Manu also criticised President Mahama for what she described as a failure to fulfil key promises made during the 2024 general election campaign, arguing that this has left many Ghanaians disappointed.
She concluded that Dr Bawumia remains the right leader to move Ghana forward, citing his track record, policy competence and vision for sustainable national development.
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