Interesting times are ahead as the unemployed youth in Ghana show special interest in the upcoming presidential election after the mid-year budget review.
The contrasting economic policies of Alan Kyerematen and Vice President Alhaji Mahamudu Bawumia have sparked debate, especially among the unemployed youth. Alhaji Bawumia’s National Builders Corps (NABCO) used nearly 4 billion Ghana cedis to create 100,000 temporary jobs, with many still owed payments by the government.
In contrast, Alan Kyerematen’s One District, One Factory (1D1F) program, with only 400 million cedis, generated 170,000 permanent jobs. This suggests that if 1D1F had received the same funding as NABCO, it could have created over 1.5 million stable jobs, showcasing the impact industrialization could have on employment in Ghana.
Moreover, the former Trade and Industry Minister, Alan Kyerematen, drove the successful car assembly policy, leading to 13 automobile companies in Ghana and creating job opportunities for engineering graduates. Conversely, Bawumia’s Gold-for-Oil policy has not stabilized fuel prices or strengthened the cedi, causing ongoing economic challenges.
This disparity in policy foresight highlights the need for the youth to choose effective economic strategies benefiting them. Alan Kyerematen’s track record of creating sustainable jobs through industrialization makes him the better choice for a prosperous future.
To ensure ample employment opportunities, the youth should reject Bawumia’s approach and vote for Alan Kyerematen, whose policies promise more robust economic growth and job creation.
Shalom shalom!
Ebo Buckman