Former President John Dramani Mahama has for the umpteenth time defended the National Democratic Congress’ 24-hour economy policy that seeks to revitalise the Ghanaian economy.
Speaking at the University of Education Winneba on August 24, Mahama emphasized the feasibility of his economic policy which the ruling party’s flagbearer, Vice President Dr Mahamudu Bawumia, believes is not a novel policy as some sectors of the economy already run a 24-hour shift.
Ghanaian investigative journalist, Manasseh Azure Awuni, has expressed pessimism about the opposition National Democratic Congress’ (NDC) proposal to create a conducive environment for a 24-hour economy.
Manasseh Azure says he does not buy into the idea since the policy cannot operate without an efficient economy. According to him, the current productivity level does not compel companies to go beyond the 8-hour shift to hire more individuals since there is less demand for their goods or services.
In response to these concerns, Mr Mahama pointed out that certain sectors in Ghana are viable to benefit from the 24-hour economy policy that will be voluntary, citing entertainment venues such as discotheques and nightclubs as examples.
Mahama encouraged his party supporters to disregard critics and back his policy as a means of revitalizing the economy.
A 24-hour economy refers to an economic system where businesses, services, and activities operate continuously throughout the day and night, without interruption.
In such an economy, various sectors, including retail, transportation, entertainment, hospitality, and public services, remain open and accessible around the clock, catering to the needs of consumers at any time.
Mahama has stressed that the 24-hour economy policy is a game-changer.
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