Ghanaians will attest to the fact that, the ruling government, led by H.E Nana Addo Dankwa Akuffo-Addo and accompanied by his comrade as the Vice President, Dr. Mahamudu Bawumia, has written their names in the history books of Ghana’s Presidency as the worst leaders to lead the country. However, the special aide to the Former President Of Ghana, Felix Kwakye Ofosu, has asserted this claims put across by Ghanaians.
In a recent Facebook post, Felix Kwakye Ofosu boldly asserted that if not in our history book, the ruling government, led by H.E Nana Addo Dankwa Akuffo-Addo and Dr. Mahamudu Bawumia has been the worst under the Fourth Republic. According to him, they have collateralized ESLA till 2035 and collateralized almost GH¢10 billion of GETFUND revenue through the 7-year Daakye bond. Without a doubt, Mahama’s special aide boldly revealed that they are now seeking to collateralize mineral royalties of about $300 million annually under the Agyapa deal in order to take and spend $ 500 million upfront.
Undoubtedly, this means that those who invest in the Agyapa instrument get to control this $300 million a year for as long as the mines under this arrangement continue to produce gold. Despite their bold decision to pass the Agyapa deal, he also revealed that there are also credible reports that they are now intending to collateralize the Heritage Fund to borrow $ 2 billion to spend upfront. In addition to all this, they have mismanaged the economy and imposed unbearable hardships on Ghanaians.
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