The Ranking Member on Parliament’s Economy and Development Committee, Kojo Oppong Nkrumah, has questioned the implementation of the government’s 24-Hour Economy programme.
The report indicates that the Ranking Member on Parliament’s Economy and Development Committee, Kojo Oppong Nkrumah, has questioned the implementation of the government’s 24-Hour Economy programme.
It further notes that he argues that nearly two years into the administration, there is still no clear evidence of its impact.
The Ofoase-Ayirebi MP stated Parliament has approved about GH¢650 billion in public expenditure during the period, yet the government’s flagship economic policy has failed to produce the promised “one job, three people, three shifts” model.
Speaking on the floor of Parliament while supporting the adoption of a report by the Economy and Development Committee, the former Information Minister stated the policy was presented to Ghanaians as a major industrialisation and job creation strategy.
He argued that the programme has not moved beyond policy discussions into practical implementation.
“For all the stories that were told and all the promises that accompanied the 24-Hour Economy, almost two years after assuming office, there is not one government agency implementing the one-three-three model,” he told Parliament.
Mr. Oppong Nkrumah stated the Minority had consistently pushed government to submit key policy documents to Parliament for scrutiny, but the 24-Hour Economy framework remains one of the few major policies presented to the House.
He stated discussions at the committee level suggest the government is now focusing on two areas — the construction of 24-hour markets and incentives for private-sector participation.
However, he questioned whether building markets alone would create round-the-clock economic activity.
According to him, many existing markets across the country already struggle with low activity despite having the necessary infrastructure.
Mr Oppong Nkrumah stated simply constructing new markets without expanding production and demand would not automatically deliver the intended results.
He also criticised the delay in introducing incentives to encourage private businesses to operate additional shifts.
The former Information Minister stated investors require clear policy direction and incentives before committing resources to expanded production and employment.
He argued that the delay raises questions about the government’s readiness to implement the programme.
