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BusinessThe environment is no longer conducive for businesses to thrive - Odike

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The environment is no longer conducive for businesses to thrive – Odike

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Akwasi Addae Odike, the founder of the United Progressive Party (UPP), has claimed that the current business climate is unfavorable, particularly for Ghanaians.

In regards to our minerals and natural resources, he claimed that since 1992, succeeding governments had engaged in what he called lose-win talks with our foreign partners.

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He claimed that during negotiations, we give up 90% to foreigners, take loans, and use the remaining 10% to pay off our debts.

This he said has affected the benefits that the country needs to derive from our mineral resources.

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To resolve this challenge, Odike who wants to be elected as president in 2024 said he would change the narrative and ensure that Ghana gets between 30-40 per cent on any deal with our partners.

He explained that the rule would be explicit and politicians will no longer negotiate deals on behalf of Ghanaians but rather experts.

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He promised to add value to our natural resources so Ghanaians would benefit from them.

He added that the economy is also not in the best shape and that alone is also affecting businesses, depriving people of their jobs.

He further promised to introduce a system where business owners would get soft international loans, create a conducive atmosphere, build more factories, mechanised agriculture, and export more.

“I will support Ghanaians to take commanding heights of the economy by ensuring that they are the majority owners of businesses in the country.”

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