Titus-Glover slams NDC for economic mess

Daniel Kwatei Titus-Glover

Mr Daniel Titus-Glover, Deputy Minister of Transport has slammed the NDC administration for leaving the Ghanaian economy in a mess and also subjected the people to “Dumsor” for four years.

According to him, the NDC’s shambolic performance, which culminated in the “Dumsor” caused many factories to close down and hundreds of job losses with its attendant issues on families.

Mr Titus-Glover made the criticism on the third day of the debate on the 2018 budget in Parliament.

Mr Ken Ofori-Atta, Minister of Finance on November 15, 2017, presented the government’s 2018 Budget Statement and Economic Policy to Parliament.

The budget highlighted results from the government’s policy programmes over the past few months, and announced the government’s planned developmental programmes for the next fiscal year.

Among the major programmes to be rolled out by the government in 2018, are the proposed 13 per cent reduction in electricity tariff for residential consumers, the establishment of nation-building corps and operationalization of the special prosecutors’ office.

Mr Titus-Glover also revealed that government plans to offer a stimulus package to the tune of GH¢276 million to about 60 distressed companies to enable them to revamp their operations and create jobs for the people.

He said the NDC administration instead of providing a stimulus package to support distressed companies it rather budgeted for paying judgement debts.     

He said the game-changer in the 2018 budget is the proposed 21 per cent reduction in electricity tariff for industrial and mining sectors, which he said, would go a long way to help their activities and create jobs for the people.

Mr Emmanuel Armah Kofi Buah, former Minister of Energy in his contribution chastised the NPP government for failing to deliver on their promises.

He said currently the cost of doing business as well as the cost of credit has gone up dramatically in the country.

Mr Buah said when the NDC was leaving power the cost of a gallon of petrol was GHC16 but now it sells at GH¢23, and called on the government to scrap the Special Petroleum tax because, it is not serving the purpose for which it was setup.

He said the NDC administration also laid a solid foundation in the upstream petroleum sector and that the President Mahama’s administration must be credited for negotiating all the energy sector projects that the NPP administration is enjoying.

He debunked claims by the NPP government that they resolved the “Dumsor” problem, saying that, when the NPP came to power there was no “Dumsor” in Ghana.

Source: GNA

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