President John Mahama was wrong on his assertion that Ghana’s currency is the strongest in the West Africa sub-region, the Minority Leader, Osei Kyei-Mensah-Bonsu has said.
According to him “Nigeria’s naira has been stable for long until recently that it started depreciating due to the recession”.
Kyei-Mensah-Bonsu was reacting to President Mahama’s claims during the highlights of the National Democratic Congress (NDC) manifesto Tuesday that Ghana’s currency, the cedi, is the strongest in the West African continent.
The New Patriotic Party (NPP) Member of Parliament for Suame Constituency of the Ashanti Region explained that five Anglophone countries [English Speaking Countries] in West Africa – Nigeria, Ghana, Sierra Leone, Liberia and Zambia – and they have criteria for measuring their currencies.
He remarked that out of the five, “Nigeria always placed first because the Naira is stronger than all the currencies of the Anglophone countries”.
However, Kyei-Mensah-Bonsu admitted that “the cedi is now performing better than the naira and Sierra Leonean leone now but it is due to their problems”.
The Legislator said “Zambia, even though has issue with their currency, but the Zambian Kwacha is stronger than the cedi”, adding, “to measure our currency in the league, Ghana is always last, so the President’s assessment was wrong”.
Commenting on the President’s reaction to the one-dam-one-village policy by the New Patriotic Party (NPP) flagbearer, Nana Akufo-Addo, the Minority Leader said “President Mahama was making mockery of the one-dam-one-village policy, and it seems even though the President is a communicator, he does not understand English”.
“It means the president is not well versed in English with his communication skills. He said the one-dam-one-village policy Nana Addo promised was a dug-out, but dug-outs are dams. They are small, yes, but that is what Burkina Faso is using and we now import tomato and onion from them due to these dams that are used for irrigation purposes to grow crops”.
By Kweku Antwi-Otoo/Onua 95.1FM /3news.com