There is increasing pressure on President of the Republic Nana Addo Dankwa Akufo-Addo to fire Finance Minister Ken Ofori-Atta or force him to retire from his position as a result of the cedi’s decline and poor performance versus other currencies, particularly the US Dollar.
The heads of the Finance Minister and the Minister of State at the Finance Ministry, Charles Adu Boahen, are being demanded by some 80 Members of Parliament (MP) and many Ghanaians, who believe they are unable to do their duties.
The Governor of the Bank of Ghana, Dr. Ernest Addison, is not exempt as pressure mounts on these two leaders.
Contributing to “Kokrokoo” discussion programme on Peace FM Thursday morning, Dr. Benjamin Otchere-Ankrah, a Governance Lecturer at the Central University, says the BoG Governor must resign.
He partly blamed the Governor for the steep fall in the cedi, saying the latter is fully aware of the factors causing the depreciation but not doing anything to curtail them.
To buttress his point, he stated that there are some workers at the Bank of Ghana who sends their children to schools charging tuition fees in dollars and also added that there are currently some real estate businesses and other companies that quote their figures in dollars.
He wondered why this is going on under the watch of the Governor.
“Is the Governor of Bank of Ghana still around? If I were you, Governor of Bank of Ghana, I would have resigned . . . He should exit his office; if he doesn’t leave, President should fire him. He is not at the top of affairs,” Dr. Otchere-Ankrah fumed.