The Custodian Newspaper Online
No Result
View All Result
Sunday, February 22, 2026
  • Home
  • News
  • Politics
  • Business
  • Opinion
  • Showbiz
  • Health
  • Sport
  • World
  • eStore
The Custodian Newspaper Online
  • Home
  • News
  • Politics
  • Business
  • Opinion
  • Showbiz
  • Health
  • Sport
  • World
  • eStore
No Result
View All Result
The Custodian Newspaper Online
No Result
View All Result
Home Featured

Minority exposes NDC 24-Hour Economy gimmicks

Kojo Oppong Nkrumah challenges the feasibility and funding of the NDC’s proposed 24-Hour Economy policy

by The Custodian News
February 22, 2026
in Featured, Politics
0
Minority 24-Hour Economy
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Minority Spokesperson on Parliament’s Economy and Development Committee, Mr Kojo Oppong Nkrumah, has launched a broad critique of the governing National Democratic Congress (NDC), accusing the Mahama administration of prioritising political messaging over real economic reform and structural problem-solving.

Speaking on TV3’s political programme ‘Hot Issues,’  on February 22, 2026, Mr Oppong Nkrumah argued that the national conversation on the economy, the 2026 Budget, and the cocoa sector had become deeply polarised, with the governing party more focused on political confrontation than policy learning.

“Due to the partisan nature of politics, the NDC is more interested in debating us than listening to our confessed mistakes,” he said.

Mr OppongNkrumah who is also the Member of Parliament (MP) for Ofoase-Ayirebi added that the opposition New Patriotic Party (NPP) had openly acknowledged some of its  governance failures as part of a broader effort to prevent the current government from repeating similar errors.

From Power to opposition

Following the 2024 general elections and the return of the NDC to power, the political balance in Parliament shifted, placing the NPP in opposition.

As part of this transition, Oppong Nkrumah assumed the role of Ranking Member (Minority Spokesperson) on Parliament’s Economy and Development Committee, giving him a central role in scrutinising government economic policy.

Since taking up the position, he has consistently framed the NPP’s current posture as one of “constructive opposition,” arguing that the party’s electoral defeat was a reflection of unmet public expectations and governance shortcomings that must now be acknowledged openly.

According to him, the opposition’s strategy is not simply to criticise, but to share lessons from past mistakes so that Ghana does not repeat cycles of economic mismanagement, debt accumulation, and policy inconsistency.

24-Hour economy under fire

A major pillar of Oppong Nkrumah’s critique has focused on the NDC’s flagship 24-hour economy policy.

He has repeatedly questioned the credibility and feasibility of the programme, particularly after Parliament passed the 24-Hour Economy Authority Bill, 2025, which established a statutory body to coordinate implementation.

Mr Oppong Nkrumah argue that the law does not contain enforceable provisions that mandate either public institutions or private enterprises to operate on a 24-hour basis, nor does it provide a clear operational framework for the much-publicised “1-3-3” shift model that was central to the government’s campaign messaging.

According to him, the Authority risks becoming a symbolic institution that creates the appearance of progress without delivering structural economic transformation, particularly for young people who were promised mass job creation through round-the-clock economic activity.

Cocoa Sector crisis and fiscal pressure

Beyond the 24-hour economy, Oppong Nkrumah has also placed the cocoa sector at the centre of his critique, describing it as a symbol of deeper fiscal and governance problems within the current administration.

He revealed that Ghana Cocoa Board (COCOBOD) owes Licensed Buying Companies (LBCs) an estimated GH¢10 billion for cocoa beans supplied between November 2025 and February 2026.

According to him, the debt affects cocoa purchased from about one million farmers nationwide, at an average price of GH¢3,625 per bag.

Although COCOBOD has announced payments totalling about GH¢1.091 billion—including GH¢237 million for 50,000 metric tonnes of cocoa and a subsequent GH¢854 million disbursement—Oppong Nkrumah described this as “a drop in the ocean” compared to the scale of the debt.

He argued that the government focuses on long-term reforms and new policy announcements ring hollow while existing financial obligations to farmers and buying companies remain largely unpaid.

Accusations of public relations politics

In his broader assessment, Mr Oppong Nkrumah accused the NDC administration of relying heavily on public relations campaigns and political symbolism rather than addressing core structural challenges such as liquidity shortages, public debt, agricultural financing, youth unemployment, and production capacity.

He claimed that major government initiatives are often announced with strong publicity but weak implementation frameworks, leaving ordinary Ghanaians with policy slogans instead of tangible improvements in livelihoods.

This, he said, risks deepening public frustration, especially among young people and rural communities who were mobilised by campaign promises of economic transformation, job creation, and sectoral reform.

Tags: 24-hour economyCOCOBODKojo Oppong Nkrumah
  • Latest
  • Trending
Minority 24-Hour Economy

Minority exposes NDC 24-Hour Economy gimmicks

February 22, 2026
Prudential Bank, MasterCard collaborate to support SMEs

Prudential Bank, MasterCard collaborate to support SMEs

February 22, 2026
Global trade Africa

Global trade tensions wake-up call for Africa — ACCP

February 22, 2026
multi-faith schools

Students prefer multi-faith schools — Research shows

February 22, 2026
Headmaster Agbana Dzosec

Agbana slams Lobbyists trying to replace DZOSEC Headmaster

January 29, 2026
Dzosec Arrest Headmaster

DZOSEC: Audit Report Calls for Arrest of Former Headmaster

August 23, 2025
Newspaper Frontpages – Thursday, 29th January, 2026

Newspaper Frontpages – Thursday, 29th January, 2026

January 29, 2026
Newspaper Frontpages – Monday, 9th February, 2026

Newspaper Frontpages – Monday, 9th February, 2026

February 9, 2026

The CustodianGh Online’s vision is to become the most preferred go-to news brand in Ghana.

Contact Us

thecustodiangh@gmail.com

Popular Categories

  • News
  • Business
  • Politics
  • Sport
  • Arts & Showbiz
  • Tech

Archives

© 2025 The CustodianGh Online - All rights reserved.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Opinion
  • Showbiz
  • Health
  • Sport
  • eStore

© 2025 The CustodianGh Online - All rights reserved.