The Flagbearer of the opposition New Patriotic Party (NPP), Nana Akufo-Addo, has said that Ghana’s economy under President John Dramani Mahama has worsened to the point that the cost of electricity is now evidently higher than the cost of rent for an average Ghanaian; a situation he termed “yεnsor”.
He has also said that Cote d’Ivoire, which only recently came out of a civil war, is now doing much better economically than Ghana.
According to Nana Addo, the country under the Maham-led administration has been so badly managed that despite of all the oil revenue his government has received, Ghanaians are poorer than ever before.
According to reports, Nana Addo made these statements while speaking at the inauguration of the South African branch of the NPP.
Nana Addo said Ghanaians are now experiencing a self-imposed load shedding programme as a result of the unbearable utility tariffs imposed on them by the Mahama government. He pointed out that electricity bills are now so costly that they are higher than rent.
“Can you believe that today in Ghana, for the ordinary Ghanaian, the cost of electricity is more than the cost of their rent? So forget even ‘dumsor’, it is now ‘yεnsor’ because you can’t afford to pay. That is where we are,” he lamented.
He further stated that Ghana’s economic challenges have intensified ever since the NPP administration under President Kufuor left office in 2009. According to him, “Businesses are collapsing, unemployment is at the highest ever, the NHIS has collapsed, and the educational sector is having great difficulties”.
Explaining further, Akufo-Addo said the economic situation has gone as bad as those of them in political office or any prominent office having to run away from their houses. The reason being that the number of people who come to their houses begging for school fees is appalling. This is simply because it is no longer possible for ordinary Ghanaians to bear the educational costs of their children. He added that things have become so bad that you can’t help but feel like crying for this country.
Comparing Ghana’s current situation to that of Cote d’lvoire, Nana Addo said although Cote d’Ivoire in 2010 experienced civil war as a result of a disputed election, which led to the death of 3,000 people and displaced over 100,000 citizens, most of whom came to Ghana, “President Ouattara’s leadership has been such that Cote d’Ivoire has been growing at 8% to 9% over the last five years. He said that, “while we have been going like this (declining), they are going like that (experiencing a boom).”
Nana Addo therefore called on Ghanaians to vote out President John Mahama come the November polls adding that “we cannot continue like this because we have both the human resource and the material resources to do so much better for our country than what is going on now.”
Meanwhile, Cote d’Ivoire has recently been mentioned as one of the most viable investment destinations in the sub-region. More specifically, Cote d’Ivoire topped the list of 10 Fastest Growing Economies in Africa recently released by the IMF with the country’s GDP growing at 8.5%.
On a lighter mood, I guess Nana Addo has coined a new term with which we can now qualify better, the horrible challenge of unsteady power supply coupled with high cost of electricity bills in Ghana. So mind you, it is no longer Dumsor, it is now Yεnsor. LoL…