• About
  • Advertise
  • Privacy & Policy
  • Contact
The Daily Statesman Newspaper
  • General News
  • Opinion
  • Statesman Leader
  • Today’s Front Page
  • Education
  • Featured
  • Africa
  • Agriculture
No Result
View All Result
  • General News
  • Opinion
  • Statesman Leader
  • Today’s Front Page
  • Education
  • Featured
  • Africa
  • Agriculture
No Result
View All Result
The Daily Statesman Newspaper
No Result
View All Result
Home Statesman Leader

LOCAL INVESTORS KEY TO INDUSTRIALISATION AGENDA

dailystatesman by dailystatesman
April 27, 2022
in Statesman Leader
0
President commissions $30m factory

President Nana Addo Dankwa Akufo-Addo commissions the factory

0
SHARES
4
VIEWS

Last week, the President commissioned a $30 million pharmaceutical factory, under the One-District-One-Factory (1D1F) initiative, at Ningo-Prampram, in the Greater Accra Region.

The project is in line with government’s agenda and effort to make the country economically independent, by creating more jobs and improving lives and livelihoods.

The Atlantic Lifesciences Limited is one of several factories, under the 1D1F initiatives, dotting our districts as signposts of government’s commitment to accelerating our country’s growth and development.

As confirmed in the recent report about Ghana’s record GDP growth, it is only healthy management of the economy, through vibrant productivity, that holds the key to our future as an independent, resilient economy.

Pioneer

Ghana’s traditional role as a model of an industrialised economy in the sub-region is over half a century old, and spans all the four Republics, though we failed in sustaining that position owing to political interference, particularly in state-run enterprises, and poor monitoring of the private sector not only in terms of policy support but also tax compliance.

The spread of industrial enclaves across Tema, Accra, Kumasi and Takoradi tells a vivid story about local pioneers who partnered British and Middle East as well as Indian merchants and industrialists to create jobs.

We may recall the Siaws, the Darkos (Mechanical Lloyd), the Modern Builders and the BK Yemos. We can additionally cite the Appentengs and Safo-Adus as well as their female counterparts on our Asafo and Makola markets of yesteryears. And we can safely indicate that joblessness was not a worry for any serious Ghanaian at a time the youth from Togo, Benin, Cote d’Ivoire, among others, found opportunities to come down and serve in our Armed Forces and Police Service and local government sector.

Vacation jobs were available for secondary school kids, as were construction jobs in Tema and along the Cantonments stretch of Accra, aside other emerging residential areas across the country.

Decline

By the late 70s, our capacity to deliver jobs was fading fast as one military junta after another showed how inept they were by running down state enterprises and taking their excesses into the private sector.

The worst was when we had to trade off state enterprises for our books to look decent to be accepted as a beneficiary of global economic support.

That was when we had the Divestiture Implementation Committee with a mandate to sell almost all non-performing state assets for a pittance.

That was not only the beginning of large global businesses like the UACs exiting elsewhere, but also local entrepreneurs being forced into exile in a fit of forced tax compliance during the Armed Forces Revolutionary era.

Reconstruction

After crying over spilt milk over the years, all we have to do at this point is to bite the bullet and industrialise, however modestly we can run in catching up with Cote d’Ivoire and Nigeria.

That is why every little effort at creating jobs should be appreciated because the responsibility is a collective one. Only a few days ago, a former Minister of Trade and Industry in the National Democratic Congress administration diplomatically admitted this when he said the NDC must begin to demonstrate that it is not anti-business.

It is sad that when the NDC and its communicators find themselves reacting to the incumbent government’s job creation effort, they fail to appreciate that industrialisation is a journey, with strategic steps that begin from home and with a clear programme to redevelop our own entrepreneurs all over again.

National appeal

We at the Daily Statesman commend the President for his commitment to the industrialisation agenda, which will obviously create more jobs and add to our development effort. At the same time, we would also urge all the political parties, particularly the opposition NDC, not only to appreciate what goes into these efforts, but also help government promote industrialisation as a key priority.

That will sound better than pointing out imagined weaknesses in implementation or numbers being taken care of in terms of access to jobs.

It is a collective responsibility that we all face as a nation that must provide jobs for citizens. That is why we must encourage ourselves, however modest the effort is.

Previous Post

11-year-old pupil adjudged best ICT student in Bono East

Next Post

Investment in storage, processing key to food security – Fatima Alimohamed

dailystatesman

dailystatesman

Next Post
Investment in storage, processing key to food security – Fatima Alimohamed

Investment in storage, processing key to food security – Fatima Alimohamed

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

STATESMAN LEADER

  • Statesman Leader
Kissi Agyebeng nominated as Special Prosecutor
Statesman Leader

SP’S ENTRY INTO ACHIMOTA FOREST FIGHT MUST ENRICH CONVERSATION

by dailystatesman
May 27, 2022
0

If any conversation has sharply divided us this year, it may not be about the E-Levy or escalating food and...

Read more
USING AfDB ACCRA MEETING TO DEVELOP RELEVANT PARADIGMS  

USING AfDB ACCRA MEETING TO DEVELOP RELEVANT PARADIGMS  

May 16, 2022
Eastern Region honours Kwakye Darfour

BAWKU LEADERS MUST GIVE PEACE A CHANCE  

May 16, 2022
E-Levy-induced panic MoMo withdrawals unnecessary – Financial Advisor

E-LEVY INITIAL SUCCESS MORE THAN REFRESHING  

May 16, 2022
Supreme Court is right with decision on Deputy Speakers’ voting rights

WE MUST ASSURE OURESELVES THAT WE CAN BOUNCE BACK

May 12, 2022

TODAY'S FRONTPAGE

  • Today's Front Page
NDC in bed with Abronye’s contender to unseat him
Today's Front Page

Today’s Front Page 27/05/2022

by dailystatesman
May 27, 2022
0

Read more
Today’s Front Page 20/05/2022

Today’s Front Page 20/05/2022

May 20, 2022
Today’s Front Page 18/05/2022

Today’s Front Page 18/05/2022

May 18, 2022
Today’s Front Page 16/05/2022

Today’s Front Page 16/05/2022

May 16, 2022
Today’s Front Page 13/05/2022

Today’s Front Page 13/05/2022

May 16, 2022
  • Trending
  • Comments
  • Latest
Court discharges Qnet representatives

Court discharges Qnet representatives

May 13, 2022
Why are the Black Stars of Ghana no more shinning?

Why are the Black Stars of Ghana no more shinning?

February 17, 2022
HOW ADAMU SAKANDE WAS JAILED

HOW ADAMU SAKANDE WAS JAILED

February 8, 2022
Ken Agyapong ‘singles out’ Ntim as next NPP National Chairman

Ken Agyapong ‘singles out’ Ntim as next NPP National Chairman

February 24, 2022
Kansaworodo queenmother assures President of ‘four more to do more’

Profile of Nana Addo Dankwa Akufo-Addo

19

Bawumia: NPP is the only party with ideas to transform Ghana

6
Report sexual abusers for swift action – female students told

Report sexual abusers for swift action – female students told

6
John Boadu elected deputy chair of Democratic Union of Africa

John Boadu: NPP is the best party to move Ghana forward

4
President Akufo-Addo chairs Climate Vulnerable Forum

President Akufo-Addo chairs Climate Vulnerable Forum

May 27, 2022
Kissi Agyebeng nominated as Special Prosecutor

SP’S ENTRY INTO ACHIMOTA FOREST FIGHT MUST ENRICH CONVERSATION

May 27, 2022
NPP GOES TO THE POLLS – Election of regional officers begins today

NPP GOES TO THE POLLS – Election of regional officers begins today

May 27, 2022
NDC in bed with Abronye’s contender to unseat him

Today’s Front Page 27/05/2022

May 27, 2022

Recent News

President Akufo-Addo chairs Climate Vulnerable Forum

President Akufo-Addo chairs Climate Vulnerable Forum

May 27, 2022
Kissi Agyebeng nominated as Special Prosecutor

SP’S ENTRY INTO ACHIMOTA FOREST FIGHT MUST ENRICH CONVERSATION

May 27, 2022
NPP GOES TO THE POLLS – Election of regional officers begins today

NPP GOES TO THE POLLS – Election of regional officers begins today

May 27, 2022
NDC in bed with Abronye’s contender to unseat him

Today’s Front Page 27/05/2022

May 27, 2022
The Daily Statesman Newspaper

The Statesman Newspaper is a Ghanaian newspaper printed daily in Ghana by the GAB Publications limited. It is one of the oldest mainstream newspapers in Ghana.

Archives

Download App

 

 

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2021 Daily Statesman | Designed by Digitrust Ghana.

No Result
View All Result
  • General News
  • Opinion
  • Statesman Leader
  • Today’s Front Page
  • Education
  • Featured
  • Africa
  • Agriculture

© 2021 Daily Statesman | Designed by Digitrust Ghana.