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Full Text: Mahama’s speech at NDC manifesto launch

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Flagbearer of the national Democratic Congress (NDC).

Resetting Ghana_ Jobs | Accountability | Prosperity

Remarks by HE John Dramani Mahama

NDC Manifesto in Winneba

3ye Zu

3y3 Za

Today, we gather with hope as one people, united in victory, and as one nation – Ghana – with a common, interwoven, indivisible destiny.

Today, we also gather to re-ignite and re-affirm the dreams of our forebears, led by Osagyefo Dr Kwame Nkrumah, the founder of our great nation—a nation with one destiny.

A destiny that cannot afford to endure one additional day beyond January 7, 2025, of the maladministration, mismanagement, and state capture this nation has been subjected to over the last almost 8 years.

For the sake of God’s children and in the name of God, the people of Ghana will wake up from this nightmare and envision a bright new dawn of opportunities for all its people.

My brothers and sisters, Ghana is bleeding. Ghana’s soul is crying for change! Mother Ghana is crying for its true and genuine patriotic citizens to rise to reset our beloved nation.

Ghanaians can take no more of the hardship, impunity, state capture, hypocrisy, lies, and bad governance inflicted over the two terms of this outgoing administration.

We cannot fail Mother Ghana. Therefore, I urge you to vote for CHANGE on December 7.

We, the members of the National Democratic Congress, gather to express our utmost belief in democratic governance and to proclaim right here in Simpa (Winneba) that the time is up for this administration.

They have decimated our democracy beyond recognition, destroyed livelihoods and families, and pushed millions of Ghanaians below the poverty line.

Your vote on December 7 will end tyranny, cronyism, corruption, and hardship. It will also pave the way for the vision, experience, and trustworthiness I, John Dramani Mahama, will restore to the Flagstaff House.

As I have said before, this government must begin writing their handing-over notes if they have not done so already. This NPP administration has been the biggest political scam pulled on Ghanaians since our independence in 1957.

And I will explain why! Repackaged with ribbons and sweetly scented with enticing promises, most Ghanaians will agree that Nana Akufo-Addo is indeed the President Ghana never got.

Indeed, I daresay, his much-touted economic whizz kid Dr. Mahamoud Bawumia is also the economic messiah Ghana never got.

This NPP government took over from my administration on January 7, 2017. They inherited an energy sector we had stabilised with the fastest mobilisation of emergency power of almost 800 megawatts.

Along with this came a new Energy Sector Levy Act (ESLA) with potential revenues of GH¢3 billion per annum to pay off legacy energy sector debts.

They inherited an ongoing Millennium Challenge Compact of $547 million aimed at making Ghana’s energy sector the most efficient in Africa.

The family’s quarrel over shares in the PDS company led to the US pulling back $190 million, which was meant for the most critical component of the compact, private sector participation and improvement in collections at the distribution end of the electricity value chain.

They inherited more than $450 million of the IMF Extended Credit Facility initiated by my administration. Most of our state-owned enterprises were breaking even or making a profit.

They inherited a cocoa production of 964,000 metric tons, with a COCOBOD that was making profit and owed only GH¢1.5 billion to the central bank in cocoa bills.

We handed over two new oil-producing fields, TEN and ENI, which increased Ghana’s oil production by more than 100,000 barrels per day with additional gas of more than 200 million scf per day. This increased Ghana’s revenue from petroleum by more than half a billion dollars.

They took over from my administration a stabilisation fund in which we had accrued $277 million; a Ghana Infrastructure Investment Fund with seed money of $270 million, and a sinking fund account at the BOG with a balance of over $200 million.

They inherited a budget that ran a deficit of 6.1% with zero borrowing from the Central Bank. A stable currency that traded at about GH¢4 to USD1.

Inflation was at 15.4%. Unemployment was at 8.4%. When we handed over to the Akufo Addo/Bawumia government, Ghana’s debt as a percentage of GDP was 57%.

As a result of rapid fiscal consolidation, we handed over an economy that was set to grow at above 8% as predicted by the World Bank, IMF, and all the credit rating agencies.

Private businesses had an enabling environment to thrive, and foreign investors were queuing to make investments in our economy.

This NPP government also took off with a stabilised economy and significant buffers and with enormous domestic and international goodwill. Indeed, this has been the most favoured government in our history. But, alas, the Ghanaian people’s favour has been repaid with pain and anguish.

This government has received more revenue than all governments combined in the history of Ghana. And as the saying goes, to whom much is given, much is expected. Unfortunately, the people of Ghana have been severely short-changed by this administration.

The scorecard of this administration has been abysmal. An inflation rate that went as high as 54% and is currently hovering above 20%. Ghana has one of the highest food inflation rates in Africa.

We have a currency that has depreciated to almost GH¢ 16 to USD 1; and borrowed more the GH¢70 billion from the BOG causing a serious upsurge in inflation; a debt to GDP rate that went as high as 104% and an unemployment rate at almost 15%.

Ghana has defaulted on her debts and engaged in a debt exchange that has resulted in painful haircuts and deferred tenure on bonds at lower interest rates.

Cocoa production has plummeted and for the first time in history, COCOBOD’s annual syndication, which was sought after by international banks, has no takers.

Production volumes are down and COCOBOD is seeking to delay delivery of almost 350,000 tons to next year. COCOBOD has defaulted on almost GH¢13 billion in cocoa bonds.

Oil and gas production has declined by 32% and debt to independent power producers has increased astronomically. The majority of SOEs are posting massive losses.

The COVID pandemic rather than being an adversity turned out to be a blessing, with a windfall for this government of almost GH¢ 25 billion of inflows most of which was doled out to companies owned by family and relatives.

The majority of our citizens are convinced our country Ghana is going in the wrong direction. Faith in our democracy is at its lowest, and many of our youth do not believe that constitutional governance is working for them.

Faith in our democratic institution, and the political leadership is at the lowest ebb. Corruption is at its highest and Ghanaians are numb to the scandals that are exposed almost every week.

And when you have a President who says he does not understand the hullaballoo about the sale of SSNIT hotels to a minister in his government, then clearly, he is on a completely different wavelength than the rest of the country.

This is a President who doesn’t get it!

Many domestic and foreign investors have adopted a wait-and-see attitude. Many I have met told me they are waiting for a signal from the Ghanaian people that the political and business environment is going to change. That we are going to effect a change of course.

Matthew 25:14-30 – tells one of the parables of Jesus Christ – “The Parable of the Talents”.

This parable teaches us to invest whatever is put in our care wisely for the benefit of our master. The master in this case is the people of Ghana. This administration is akin to the last servant, who buried the talent that was given to him and returned the same talent to his master upon his return.

In the case of Akufo Addo/Bawumia and their cabal, they did not bury the talents given to them by the people of Ghana and return them to us. They gambled with the talents we gave them and landed the people of Ghana in a huge debt.

We cannot continue this path! Lessons must be learned from the experience of these last almost eight years.

A vote for the NPP will be an expression of satisfaction with the impunity of the last 8 years. A vote for the NPP is a vote for a third term for Nana Akufo-Addo.

A vote for NPP in this election is a vote to escape accountability. It is a vote to allow officials who have raped this country’s resources to escape accountability and to go laughing all the way to the bank.

Their flagbearer and running mate who have been prominent actors in the horror movies Ghanaians have watched these last almost 8 years cannot be the ones to exact accountability from the government of which they have been an integral part.

We are at a critical juncture in our democratic history. Choices we make in elections come with consequences. We cannot afford to fail this time. A restive youth does not have the luxury of trial and error.

They do not have the luxury of trying a driver’s mate who has learned his driving from the same driver who crashed the vehicle of the Ghanaian people.

Our nation needs a reset!

Our democracy needs a reset!

Our economy needs a reset!

Our governance needs a reset

Our attitudes need a reset!

We need a government that will galvanize the effort of all Ghanaians irrespective of ethnicity, religion or partisan affiliation!

We need a government that will allow all businesses to thrive, whether domestic or foreign no matter the ethnic, religious, or partisan colours of its owners.

This may be our last chance to get it right. It cannot be business as usual. Ghana is a nation in a hurry.

We need to make a change – A change that will usher in a government that is responsive and accountable.

A leadership that will crack the whip when its appointees go down the wrong track.

A responsive government that will respect the rights and freedoms of citizens including journalists and address the ongoing decay of state institutions and fight corruption by deploying the “Operation Recover All Loot” (ORAL) Strategy.

Today, we are presenting to you a manifesto that will help TAKE BACK YOUR FUTURE. THE FUTURE OF GHANA IS IN YOUR HANDS.

I will at this point give you some highlights of the manifesto after which my running mate and the next Vice President of Ghana Professor Jane Naana Opoku Agyemang – a prominent daughter of the Central Region – and other presenters will delve into other areas of the manifesto.

HIGHLIGHTS.

RESETTING THE ECONOMY FOR PROSPERITY

ALLEVIATING THE CURRENT ECONOMIC HARDSHIPS.

QUALITY HEALTHCARE FOR ALL

24-HOUR ECONOMY

Formula 1:3:3

Same Job, Three Shifts, Three People

SUPPORT PACKAGE FOR 24-HOUR BUSINESSES

ACCELERATED EXPORT DEVELOPMENT COUNCIL (AEDC)

WOMEN’S DEVELOPMENT BANK

NATIONAL APPRENTICESHIP PROGRAMME (NAP)

FREE TECHNICAL AND VOCATIONAL TRAINING FOR YOUNG PEOPLE.

“ADWUMAWURA’’ PROGRAMME

BUSINESS DEVELOPMENT

DIGITAL JOBS INITIATIVE

GHANA FIRST FLAGSHIP PROGRAMME FOR JOBS

RAPID INDUSTRIALIZATION FOR JOBS

AGRICULTURE for JOBS.

PROMOTING GOOD GOVERNANCE AND COMBATTING CORRUPTION

TRANSFORMING EDUCATION

AGE OF MODERN RAILWAYS

PROMOTING RESPONSIBLE MINING FOR SUSTAINABLE DEVELOPMENT

Thank you.

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