• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, July 17, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

NDC Accuses Finance Minister Of Lying To Ghanaians

July 24, 2024
Lilian Ahedorby Lilian Ahedor
in General News
0
NDC slams Hawa Koomson

NDC

The Deputy General Secretary of the NDC, Mustapha Gbande, has reiterated the NDC’s stance that the Finance Minister lied to Ghanaians in the fiscal policy review presented on the floor of parliament yesterday, July 24, 2024.

Gbande noted that the Finance Minister was untruthful about the number of automobile companies in the country, pointing out that, contrary to the Minister’s assertion, the country has fewer than thirteen automobile companies.

He further pointed out that the Minister failed to provide the names of the alleged thirteen automobile companies operating in the country.

RelatedPosts

President Mahama Calls for Lasting Peace in Bawku

Mahama Pledges Major Development Boost for North East Region

COCOBOD Official Blames NPP Policies for Sector’s Debt Surge

Additionally, the NDC stalwart accused the Minister of falsehoods regarding the government’s completion of several dams in the country.

“We’ve been having this conversation and this debate that there isn’t any dam constructed by this government. Clearly, the money they’ve taken for the purposes of the dam was spent, squandered, and shared among party [people]”.

“The Minister then said that they have paid a certain number of people on LEAP. We are daring the Minister to publish the names of the beneficiaries of LEAP. To my record, no deprived families have received LEAP support from this government”.

Mustapha Gbande

He expressed his astonishment that, despite the country’s struggles with economic hardship, scandals, and corruption, the current Finance Minister is following in the footsteps of his predecessor, perpetuating a pattern of dishonesty and deceit.

Mustapha Gbande Deputy General Secretary NDC
Mustapha Gbande, Deputy General Secretary, NDC

He questioned when the current NPP government would end its practice of dishonesty and start telling the truth to Ghanaians.

Gbande observed that the government’s touted achievements in building multiple factories have not translated into a reduction in unemployment, which remains on the rise.

“And the approach to unemployment by this government is to recruit post-service personnel into service engagement”. – Mustapha Gbande

He emphasized that the public must demand greater accountability and transparency from the government.

He warned the Finance Minister not to go down with the sinking ship, suggesting that the NPP government’s fate is sealed due to its leader’s ineptitude.

Government Urged To Drop Double Taxation

Meanwhile, Cuts International, a consumer rights organization, appealed to the government to spare Ghanaians the double burden of paying both road tolls and the Electronic Transfer Levy (e-levy) at the same time.

Road Tolls

During the mid-year budget presentation, the government announced its intention to reintroduce road and bridge tolls in 2025, in addition to the existing E-levy, which is meant to help fund road improvements.

He raised concerns about whether the collected funds would be utilized as promised and emphasized the extra financial strain this would impose on Ghanaians, adding to their existing tax burden.

“By putting the E-Levy at the same time with the road toll I think there will be a lot of taxes on Ghanaians. Of course, we do understand the crisis we find ourselves in as a nation. We are currently in an IMF emergency room where we need all the oxygen of taxes to resuscitate the economy.

“But the question I also want to ask ourselves is that the revenue that is going to accrue from the new road tolls is going to find its way in fixing and maintaining roads that will be good enough. But I am a bit doubtful because already when you buy fuel I think about 0.5p of liter that you buy at the pump goes to the road fund and that road fund is not being used to fix the potholes and gullies that are on our roads.”

Appiah Kusi Adomako

Mr. Adomako suggested that the government is exploring every avenue to raise revenue, but emphasized that it’s crucial to ensure that the collected funds are effectively utilized to address the intended purposes, making the efforts worthwhile.

He cautioned, however, that the government should not resort to ingenious or deceptive methods to extract money from Ghanaians simply to address its financial needs or balance its books.  

READ ALSO: Eno Barony Reveals She’s a Legendary Female Rapper in Ghana

Tags: economyGhana NewsNDCNPPParliamentPresident Akufo-Addo
Please login to join discussion
Previous Post

Blakk Rasta Reveals KK Fosu Might Be Suffering From PTSD

Next Post

Minority Invites Dr Bawumia to Debate on Mid-Year Budget Review

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

President John Dramani Mahama, Bawku, Peace
General News

President Mahama Calls for Lasting Peace in Bawku

July 17, 2025
President John Dramani Mahama
General News

Mahama Pledges Major Development Boost for North East Region

July 17, 2025
Gaza’s Only Catholic Church Struck By Israeli Forces
Asia

Gaza’s Only Catholic Church Struck By Israeli Forces

July 17, 2025
Sam Jerome, Debt, Contracts
General News

COCOBOD Official Blames NPP Policies for Sector’s Debt Surge

July 17, 2025
Akuapem Poloo Reveals Her Source of Survival
Entertainment

Akuapem Poloo Reveals Troubling Black Stars Encounter

July 17, 2025
Ministers Face Heat Over Afghan Data Leak
UK

Ministers Face Heat Over Afghan Data Leak

July 17, 2025
President John Dramani Mahama, Bawku, Peace
General News

President Mahama Calls for Lasting Peace in Bawku

by Silas Kafui AssemJuly 17, 2025
President John Dramani Mahama
General News

Mahama Pledges Major Development Boost for North East Region

by Evans Junior OwuJuly 17, 2025
Gaza’s Only Catholic Church Struck By Israeli Forces
Asia

Gaza’s Only Catholic Church Struck By Israeli Forces

by Comfort AmpomaaJuly 17, 2025
Sam Jerome, Debt, Contracts
General News

COCOBOD Official Blames NPP Policies for Sector’s Debt Surge

by Silas Kafui AssemJuly 17, 2025
Akuapem Poloo Reveals Her Source of Survival
Entertainment

Akuapem Poloo Reveals Troubling Black Stars Encounter

by Esther Korantemaa OffeiJuly 17, 2025
Ministers Face Heat Over Afghan Data Leak
UK

Ministers Face Heat Over Afghan Data Leak

by Lawrence AnkutseJuly 17, 2025
President John Dramani Mahama, Bawku, Peace
President John Dramani Mahama
Gaza’s Only Catholic Church Struck By Israeli Forces
Sam Jerome, Debt, Contracts
Akuapem Poloo Reveals Her Source of Survival
Ministers Face Heat Over Afghan Data Leak
[/vc_row_inner]

Recent News

  • President Mahama Calls for Lasting Peace in Bawku
  • Mahama Pledges Major Development Boost for North East Region
  • Gaza’s Only Catholic Church Struck By Israeli Forces
  • COCOBOD Official Blames NPP Policies for Sector’s Debt Surge
  • Akuapem Poloo Reveals Troubling Black Stars Encounter
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.