Baafi Sends Strong Warning To BoG Governor Over New Cedi Notes—You Will Answer When Power Changes

The Member of Parliament for New Juaben South, Hon. Michael Okyere Baafi, has issued a strong warning to the Governor of the Bank of Ghana, Dr Johnson Asiama, over the introduction of the newly designed Ghana cedi notes.

According to the NPP MP, the BoG Governor will have serious questions to answer when there is a change of government, suggesting that the decisions surrounding the new currency notes could become a major issue in the future.

His comments come amid growing public debate over the Bank of Ghana’s decision to introduce the new Ghana Cedi Heritage Series.

The redesigned banknotes were officially launched by President John Dramani Mahama on November 12, 2026, and are expected to enter general circulation on December 1, 2026.

However, the introduction of the new notes has generated controversy, particularly over the cost of the exercise, the selection of personalities featured on the banknotes and concerns about the accuracy of some portraits.

One of the major issues involves the GH¢50 note, which features the image of Theodosia Salome Okoh, the designer of Ghana’s national flag. Questions have been raised by members of her family about the identity of the woman shown in the portrait.

The Minority in Parliament has also demanded that the BoG Governor appear before Parliament to explain the technical reasons behind the currency redesign, the total cost involved and the approval process for the designs.

The Bank of Ghana, however, has defended the exercise, explaining that the redesign is intended to improve security features, make the notes more durable and modernise the country’s currency management system.

Governor Johnson Asiama has also indicated that the expenditure will be reflected in the Bank’s audited 2026 financial statements.

Okyere Baafi’s warning adds another political dimension to the growing debate, as calls for transparency and accountability over the new banknotes continue to gain attention.

The central question remains whether the Bank of Ghana will provide sufficient answers to the concerns being raised by lawmakers and members of the public.

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