Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Ato Forson Warns SSNIT Board: Do Not Sell State Assets To Politicians
    • GoldBod Kick-starts Anti-Gold Smuggling Taskforce
    • Minority Digs Into Sansa Daly
    • DISCLAIMER: Annoh-Dompreh Not Part of Nsawam Chieftaincy Disputes
    • NEIP CEO Provides Support To June 3 Fire Victim Solomon Akugru
    • Sick Wontumi Suffers Day 7 In Detention
    • Cyber Security Authority Blacklist Over 40 Loan Apps
    • GoldBod Already Doing Wonders – Mahama praises CEO Sammy Gyamfi
    Facebook X (Twitter) Instagram YouTube
    InsightNewsgh.ComInsightNewsgh.Com
    • Home
    • News
    • Business
    • Entertainment
    • Politics
    • Sports
    InsightNewsgh.ComInsightNewsgh.Com
    Home»Politics»NDC Is Scared Of Gold-for-oil Policy – Bawumia Jabs Opposition
    Politics

    NDC Is Scared Of Gold-for-oil Policy – Bawumia Jabs Opposition

    Insight NewsBy Insight NewsMarch 17, 2023No Comments2 Mins Read
    Gov't To Digitize Taxi, Trotro Operations In Ghana - Dr. Bawumia
    NDC Is Scared Of Gold-for-oil Policy - Bawumia Jabs
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The opposition National Democratic Congress (NDC), in particular, has come under fire from Vice President Dr. Mahamudu Bawumia for questioning and criticizing the gold-for-oil policy.

    The Veep claims that those who questioned the gold-for-oil policy are now bleeding because it is effective and Ghanaians are already noticing the results.

    “There are people who are very disappointed that it is working, but bleeding is allowed. They have an impossibility mindset, and they can keep to it. For us all, things are possible by the grace of God,” on March 15, Dr. Bawumia made a statement at the Bulk Oil Storage and Transportation Company Limited’s (BOST) commissioning of its new Accra headquarters.

    Dr. Bawumia urged Ghanaians to expect cheaper fuel as part of the gold-for-oil policy and to maintain their optimism.

    READ ALSO: Bawumia Hails Gold-for-Oil Policy; Calls It ‘A Game Changer’ After Kennedy Called It ‘Stupid Policy’

    “There is more to come, this is the third month of operation of the policy. Some people said it will not work, and Ghana doesn’t have enough gold. How can you say that? We have been mining this gold for 200 years, and they keep taking it out, and it cannot work for us? It doesn’t make sense,” Dr. Bawumia noted.

    He added that the government would use this policy to lessen pressure on the cedi, the country’s currency.

    “With dedication and the right focus, we will deliver the mandate Ghanaians have entrusted in our care,” Dr. Bawumia stated.

    At this time, the average cost of gasoline and diesel is $12.95 and $13.49.

    About 100,000 metric tons of fuel have so far been imported into the nation under the government’s Gold for Oil policy, which was announced in an effort to help the cedi and bring in cheaper fuel.

    Dr Mahamudu Bawumia NDC NPP
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Insight News
    • Website

    INSIGHTNEWSGH seeks to give readers balanced, credible and neutral news from across Ghana and the world. We cover News, Politics, Business, Entertainment, Sports, among others.

    Related Posts

    Ade Coker Is Dead

    June 2, 2025

    NDC Has Put Ghana On Autopilot – Patricia Appiagyei

    May 28, 2025

    Minority On Fire …Firms Up Strategy for Parliament

    May 26, 2025

    Comments are closed.

    ADVERTISEMENT
    Health Tips
    LATEST STORIES

    Ato Forson Warns SSNIT Board: Do Not Sell State Assets To Politicians

    June 4, 2025

    GoldBod Kick-starts Anti-Gold Smuggling Taskforce

    June 4, 2025

    Minority Digs Into Sansa Daly

    June 4, 2025

    DISCLAIMER: Annoh-Dompreh Not Part of Nsawam Chieftaincy Disputes

    June 4, 2025

    NEIP CEO Provides Support To June 3 Fire Victim Solomon Akugru

    June 4, 2025
    POPULAR

    Ato Forson Warns SSNIT Board: Do Not Sell State Assets To Politicians

    June 4, 2025

    GoldBod Kick-starts Anti-Gold Smuggling Taskforce

    June 4, 2025

    Minority Digs Into Sansa Daly

    June 4, 2025

    DISCLAIMER: Annoh-Dompreh Not Part of Nsawam Chieftaincy Disputes

    June 4, 2025

    NEIP CEO Provides Support To June 3 Fire Victim Solomon Akugru

    June 4, 2025
    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms & Conditions
    • Disclaimer
    • Buy Adspace
    • Buy Adspace
    • Hide Ads for Premium Members
    © 2025 Insight News GH.

    Type above and press Enter to search. Press Esc to cancel.