BAN EXPORTATION OF RAW MATERIALS …Nduom

Dr. Paa Kwesi Nduom,

Story by Addotey Michael (BLG NEWS)

         The Progressive People’s Party (PPP) Presidential candidate, Dr. Paa Kwesi Nduom, during the IEA Presidential Town Hall debate, declared his intensions and policies to interdict the exportations and importations of raw materials into the country, in order to expand local industrializations.

With Dr. Nduom, was Dr. Edward Mahama, presidential candidate for PNC and Mr. Jacob Osei Yeboah, independent presidential candidate, who shared their vision and policies to the general public. According to Dr. Nduom, his government will not be interested in export and import promotion policies to boost the economy, but rather the establishment of factories to process the raw materials for consumption.  He said it’s not economically prudence to export raw materials, as that’s what the foreign countries process and export back to the country as finished product with higher value. He added that, these raw materials are usually bought by the U.S government and send back to African countries as aids during economic unrest in Africa, so why should the country export it.

He explained that, establishing local factories to process raw materials in Ghana will help the country to feed itself very well, which will minimize the importation and dumping of foreign goods in Ghana. He revealed that, the only way money can be kept in the country is by banning the importation of goods into the country. He added that, the Nduom group have experimented this policy and its working tremendously in different part of the country, hence it can be done nationally.

On the issues of debt management in the country, he posited that, the government is just overtaxing the citizens to offset its financial burden due to improper financial management in the country. He noted that, the government should engage financial experts rather than politicians for financial solutions. He finally urged Ghanaians to give PPP the opportunity to unite the country through inclusiveness, by involving people irrespective of their political affiliations, religion and ethnicity to work together for Ghana’s economic development. “We will use the authority of the state to prevent dumping of goods into Ghana, which deprived citizens of jobs”, he assured.