General News of Thursday, 12 September 2019
The Deputy Ashanti Regional Secretary of NDC Mathew Kojo Njourkone has said the NPP Government’s deliberate killing of good-paying jobs that offered employment to many Ghanaians in the banking and other sectors of the economy and rather substituting it with the struggling NABCO programme is like taking our grasscutters and giving us mice in exchange.
According to him, it is undeniable fact that some of the banks would have been in active business if the NPP government had not stopped the business-friendly policies of the NDC and introduced throat-cutting measures to kill these banks.
Mr. Njourkone said it appears the killing of these banks by the government was a deliberate act, otherwise how could a government intentionally raise the minimum paid-up capital of banks by 234% ; from 120m to 400m while at the same time refuse to pay contractors who owe huge amounts of money to these banks making them unable to service their debt obligations which invariably could have saved the banks from collapsing.
He figuratively intimated that “you don’t take our grasscutters and give us mice and sing praises to yourself that you’ve done well.”
Mr. Njourkone hinted that, it is strongly rumored that, up to date, some banks currently in operation have not met the expected conditions used as a yardstick to eliminate other banks from operation yet they are allowed to operate. He was emphatic that if such allegations are found to be true, that would be discrimination and would constitute illegality.
He lamented that a government that came to power on a promise to create more jobs is ending up killing the few jobs that existed prior to their coming.
Mr Njourkone wondered why the government used GHC14 billion to collapse seven (7) banks when that amount was what those banks needed to survive or meet the GHC 400million minimum paid-up capital demanded by the government.
” Is it not a better option to invest that amount in those banks and have a stake in their operations so as to save jobs and to also prevent other negative effects that might ensue if the workers of those banks became unemployed?” He asked.
“Nana Addo and his NPP promised us Heaven but have led us to hell. Let us all resolve and deem it a call to duty to massively vote out this deceitful NPP Government in 2020 to save Ghana from further retrogression and mismanagement”. He added