There is no hope the governing National Democratic Congress (NDC) has the ability to resolve the counties power troubles, financial analyst, Sidney Casely Hayford has intimated.<\/p>\n
According to him, \u201cSo far, the NDC has proven that they can do it so we are not going to bother to do any analysis of their situation.\u201d<\/p>\n
[contextly_sidebar id=”qY07xT9R6ZMqNhmu1nDKQdCFezv3kd0V”]Per this, Mr. Hayford has also passed a vote of no confidence in the NDC\u2019s ability to revive Ghana\u2019s economy because fixing the country’s electricity problem is the key to achieving economic turnaround.<\/p>\n
According to him, \u201cthere is no government that will come into play in Ghana which will actually go and turn the economy around if we don\u2019t fix the electricity problem.\u201d<\/p>\n
He noted that opposition New Patriotic Party\u2019s (NPP) proposed lifting of import taxes to boost industry would be good for the economy but solving the power crisis would be a more prudent way of attracting investment.<\/p>\n
\u201cThe NPP\u2019s proposals which they have been touting for time, that the will lift import taxes on manufactured goods and they will also allow other goods to come in tax free – the whole tax policy that they want to review is – good.\u00a0But if people come into this country to come and put up assembly plants or if businesses try and come in to be able to become a pivot of the center for West African business, Ghana cannot do it because you can\u2019t keep on turning the lights on and off and expect that people will be able to carry on a business.\u201d<\/p>\n
Mr. Hayford thus, asserted that \u201cif you don\u2019t fix the energy problem, if you don\u2019t fix the electricity problem, you are wasting your time.\u201d<\/p>\n
–<\/p>\n
By: Delali Adogla-Bessa\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
There is no hope the governing National Democratic Congress (NDC) has the ability to resolve the counties power troubles, financial analyst, Sidney Casely Hayford has intimated. According to him, \u201cSo far, the NDC has proven that they can do it so we are not going to bother to do any analysis of their situation.\u201d [contextly_sidebar […]<\/p>\n","protected":false},"author":14,"featured_media":122551,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[10,11],"tags":[],"class_list":["post-231628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-slider-1","category-top-stories"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/231628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=231628"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/231628\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/122551"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=231628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=231628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=231628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}