Opinions of Thursday, 22 October 2020

Columnist: Kwaku Badu

Akufo-Addo will most likely hand over to Akufo-Addo

President Nana Addo Dankwa Akufo-Addo President Nana Addo Dankwa Akufo-Addo

Apparently, to be elected as a president of a country is a lifetime privilege which comes with juicy trappings and enormous responsibilities.

Thus, ideally, someone with vast life experience, a catalogue of suitable employable skills, a portfolio of relevant qualifications, tried and tested competency and requisite knowledge should be a suitable candidate for the position.

That being said, the emergence of democracy has energised every sound adult Ghanaian to compete for such an important position.

Regrettably, however, we are, more often than not, been electing ‘a semicircle’ of negligent officials whose only preoccupation is to sink the nation deeper and deeper into the mire through incompetence and unbridled corruption.

It is, indeed, an undeniable fact that we choose to exercise our voting rights by electing a president in anticipation that the said leader will form a formidable government to run the affairs of the country to the benefit of all and sundry.

Nevertheless, it would be absolutely wrong for anyone to suggest for a moment that every leader can prudently steer the nation to the right direction if given the opportunity.

Apparently, contending schools of thought have been maintaining that NDC would have stood a better chance in 2020 if the party Delegates had elected a different flagbearer instead of former President Mahama.

The sceptics argue that Ex-President Mahama abysmally mismanaged Ghana’s economy by moving the economic growth of 14% in 2011 to 3.4% and single-digit inflation to 15.4% by December 2016.

Observers, however, insist that a chunk of Ghana’s scarce resources was wasted on dubious judgement debt payments purported to be around GH800 million, including the GH51.2 million to Woyome, $30 million to the Waterville and $325,000 to Isofoton which resulted in the drastic reduction of capital expenditure, and as a consequence, most contractors were not paid by the erstwhile NDC administration.

Interestingly, other critics believe that Mahama’s government could not mobilise our revenues efficiently as the likes of former President Mahama’s brother, Ibrahim Mahama, was caught evading import taxes to the tune of GH12 million.

It is also true that many discerning Ghanaians were not enthused when the Mahama’s government wilfully misapplied $175 million loan facility secured in 2012 which was to provide seven district hospitals.

Truth be told, the good people of Ghana were shocked to the bone when over GH200 million SADA funds invested on trees burnt down and guinea fowls mysteriously flew to nearby Burkina Faso without a trace.

Frankly stating, but for President Akufo-Addo’s timeous intervention, Mahama’s administration would have shockingly given away over 58% of Ghana’s bauxite to family and friends just about a week before exiting power.

Discerning Ghanaians, so to speak, became fed-up with the extremely harsh conditions amid corruption allegations (Bus branding, Brazil World Cup, SADA, SUBA, GYEEDA, SSNIT, MASLOC, NCA, Ford Expedition Vehicle, amongst others).

Unsurprisingly, therefore, on 7th December 2016, discerning Ghanaians found in NPP, a trusted redeemer, in whom they reposed their absolute trust to set them free from the Mahama government’s unpardonable economic enslavement.

Mind you, the thoughtful critics cannot be far from right for suggesting that if discerning Ghanaians had not graciously intervened by showing the dreadful economic managers (NDC) the exit through universal adult suffrage, the terrible errors in decision-making and the rampant corruption would have wiped out Ghana off the world map without a trace.

Given the circumstances, we can confidently deduce that discerning Ghanaians made the right choice on 7th December 2016 by electing the septuagenarian Nana Akufo-Addo and retiring the sexagenarian John Dramani Mahama.

In fact, it is somewhat spurious for sceptics to argue that all politicians are the same when in power and therefore there is no need to change from one to another.

The truth, however, is that the sceptics feeling of indignation with the current political dynamics is something shared by many Ghanaian electorates. But then again, the critic's disposition appears somewhat impetuous, because politicians have different levels of temperament, competence, experience, knowledge, skills and abilities, so they are never the same, as a matter of fact.

In any case, there is enough evidence to counter the sceptics who insist that politicians are the same when in power.

Take, for instance, President Kufuor, who worked studiously to move Ghana from the Highly Indebted Poor Country (HIPC) status to a Lower Middle-Income status when he took over from former President Rawlings in 2001 cannot be referred to as a laid-back leader.

It is well-documented that “during the year 2001, debt as a percentage of the GDP was not only unsustainably high and crippling but also deprived Ghanaians from money which could have been used for needed developmental and social projects”.

The fact though, is, the benefits of the HIPC were “unprecedented during the Kufuor’s regime from (2001-2008).

Macroeconomic indicators began to stabilize and Ghana’s debt stock was significantly reduced by about $4 billion within that period (BOG).

There were Rapid infrastructural developments as well as social and policy reforms. Ghana was then moved from a HIPC economy to a middle-income economy under the Kufuor administration (Mutaka Alolo, 2012).

By the end of 2008, Ghana's economy had been quadrupled to US$ 28 billion, a period of eight years under the NPP. The average GDP growth of the NDC from 1993-2000 was 3.8% while that of the NPP from 2001-2008 was5.2% with economic growth reaching 6.3% in 2007 (Daily Guide, 2016).

Disappointingly, however, during the Mills/Mahama’s eight years, they managed to uproot the good foundation laid by President Kufuor and his NPP government.

Take, for example, under Mahama’s government, Ghana’s total debt ballooned from GH¢9.5 billion to a staggering GH¢122.4 billion by the end of December 2016 with a little to show for.

This means that about 93% (i.e. GHC113 billion) of Ghana’s total debt since independence was accumulated under NDC government from 2009-2016.

It is important to note that the previously single digit inflation and budget deficit doubled astronomically.

To be quite honest, Ghana went into the throes of economic collapse due to mismanagement and wanton corruption under the leadership of Ex-President Mahama.

Take, for example, Ghana’s economic growth slowed for the fourth consecutive year to an estimated 3.4% in 2015 from 4% in 2014 as energy rationing (dumsor), high inflation, and ongoing fiscal consolidation weighed on economic activity (World Bank, 2016).

Moreover, the high inflation rate remain elevated at 18.5% in February 2016 compared to 17.7% in February 2015, even after the Central Bank’s 500 bps policy rate hikes (the inflation stood at 15.8 per cent as of October 2016).

Besides, President Mahama’s coarse government dragged the economic growth from around 14 per cent in 2011 to around 3.4 per cent as of December 2016.

So who says that all politicians are the same when in power?

Let us face it, it will be incongruous to put Akufo-Addo and Mahama in the same basket. This is because, the former has prudently introduced important policies and programmes in less than four years in power, while the later failed to introduce a single social intervention in eight years.

In addition, before the pernicious coronavirus, the Akufo-Addo’s government managed to move Ghana’s economic growth from a disappointing 3.4% under former President Mahama to around 8%.

And the previously double-digit inflation (15.8 in December 2016) was reduced drastically to around 9.5% within a short space of time.

My dearest reader, would you be sincere enough and name just a single social intervention that has been implemented by President Mahama and his NDC apparatchiks who claim to be social democrats?

In fact, it would only take a disputatious character to challenge the fact that the NDC faithful, who take pride in the social democratic ideology, are not in the business of promoting the welfare of the masses.

One would have thought that individuals who pride themselves as social democrats will be extremely empathetic to the needs of the masses, but this is not the case with the NDC as a party.

There is no denying or hiding the fact that the erstwhile Mahama government wilfully cancelled/collapsed the Nurse’s Allowance, the Teacher’s Allowance, SADA, GYEEDA, NHIS, the Maternal Care, the School Feeding programme, the Mass Transport System, amongst others.

Sadly though, since the inception of the Fourth Republican Constitution, the self-proclaimed social democrats have been opposing social interventions that have been proposed by the successive NPP governments such as the Free Maternal Care, the NHIS, the Metro Mass Transport, the School Feeding Programme, the Livelihood Empowerment Against Poverty (LEAP), , the Free SHS, amongst others.

Therefore, it is not entirely correct for anyone to assume that all politicians are the same once they are in their comfort zones and therefore it is a complete waste of time to go out there and vote.

In any case, Ghanaians should not make the calamitous mistake by putting all politicians in one basket and thereby unfairly ‘crucifying’ a charismatic leader who can put forward expedient policies such as one district one factory, one village one dam, one constituency one million dollars, Free SHS, amongst others.

Take my word for it, dearest reader, the future is indeed looking bright under President Akufo-Addo, who against all odds, has managed to safeguard Ghana’s bauxite which Mahama’s administration shockingly decided to give away 58% to family and friends just about a week before exiting power.

K. Badu, UK.

k.badu2011@gmail.com