Former President John Dramani Mahama has revealed that the National Democratic Congress (NDC) plans to invest $3 billion in creating digital jobs for the youth under its One Million Coders Programme. Speaking at a public lecture at the Christian Service University in Kumasi, Mahama emphasized that the NDC’s economic policy would focus on sustainable growth and equitable distribution of wealth among citizens.
Mahama stressed that Ghana’s current economic structure, which relies heavily on exporting raw materials with little or no value addition, is no longer sustainable. He promised that the next NDC government would work to restore the country’s traditional export sector and provide incentives for cocoa farmers to increase exports and take advantage of improved world market prices.
The former president also highlighted the importance of developing Ghana’s oil and gas sector, noting that the world is shifting towards green energy. He warned that if Ghana fails to bring additional oil wells on stream and take advantage of its oil and gas resources, they could become stranded assets in the future.
Mahama assured that his government would seek greater control over Ghana’s natural resources and move towards processing them while attracting investments in areas such as farming, industry, and agribusiness. He believes that this approach will increase export potential, bring in foreign exchange, and lead to a stable currency.
The former president emphasized that sound and prudent economic management, founded on broad and far-reaching governance and economic reforms, would take root in Ghana under the new leadership of the NDC. His top priority would be stabilizing the economy, halting the deterioration of the cedi, and restoring its value against other currencies.
