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Ghana’s economy is expected to surpass GH1 trillion by 2024 – Ofori-Atta

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When the Finance Minister praised Ghana's economic success in his midyear budget review in July, he drew significant criticism.

According to Finance Minister Ken Ofori-Atta, Ghana’s economy will reach GH1 trillion by 2024.

He indicated that the country’s economic worth is expected to rise from GH219.5 billion in 2016 to the record level of GH1 trillion during President Akufo-Addo’s final year in office.

Mr. Speaker, the 2024 Budget is even more noteworthy because we will cross the GH1 trillion Gross Domestic Product (GDP) milestone for the first time in our economic history,” Ofori-Atta said in a speech to parliament on Wednesday. Mr. Speaker, let me reiterate that Ghana’s economy in President Akufo-Addo’s final year in office is expected to be worth more than GH1 trillion in 2024, up from GH219.5 billion in 2016.

“Mr Speaker, with such a milestone ahead of us, the Government is protecting, at all costs, the foundation for sustained economic expansion. A foundation that has been achieved through the sweat and patience of the Ghanaian people. We pledge to protect this for all our people and especially for private sector growth. And we shall do so by ensuring that the enabling factors are in place and accessible to all.

“These will include reliable energy supply, stable Cedi, lower inflation and lower interest rate regimes, access to private sector credit, infrastructure provision, food security, national security, and inter-continental market linkages through increasing active platforms such as the AfCFTA.”

The Finance Minister also stated that the government has set aside GH220 million to assist communities in the Oti, Savannah, and Bono-East Regions impacted by the Akosombo spillage and floods.

He presented plans for the restoration phase, in which more funding from the Ministry of Agriculture will help with livelihood reconstruction.

In reaction to the crises, Ofori-Atta emphasised preventative actions, saying, “Mr Speaker, the Government has budgeted an amount of GH¢220 million to support the relief phase for the communities affected by the Akosombo spillage as well as floods upstream in the Oti, Savannah, and Bono-East Regions. For the restoration phase, the Government through the Ministry of Agriculture will allocate additional resources to support the restoration of livelihoods.

“In addition, after the visit, the Ministry of Finance was quickened to respond. We have requested funding from the World Bank under the IDA Crisis Response Window (CRW) to support the resettlement of the victims, restoration of livelihoods, compensation and reconstruction of infrastructure in the affected communities.”

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Accra Institute of Technology: Fostering Educational Innovation and Excellence

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Accra Institute of Technology is a forerunner in Ghanaian higher education, committed to academic achievement, innovation, and holistic development. AIT continues to influence the future of its students and contribute to the progress of knowledge and technology in the area via its diversified programmes, cutting-edge research, and worldwide collaborations. AIT, as a learning and innovation hub, is critical in educating the next generation of leaders and professionals for the challenges and possibilities of the twenty-first century.

Accra Institute of Technology (AIT) is a model of academic achievement in Ghana, providing a dynamic learning environment that encourages innovation and skill development. AIT has evolved as a premier school, impacting the future of students in a variety of professions, thanks to its commitment to offering outstanding education. In this detailed essay, we will look at the Accra Institute of Technology’s history, academic programmes, campus infrastructure, and overall influence.

History and Mission

Professor Clement Dzidonu, a visionary scholar and entrepreneur, launched AIT in 2009. The objective of the institution is to deliver world-class education that equips students with the knowledge and skills necessary to flourish in a fast changing global context. AIT is dedicated to cultivating an environment of innovation, critical thinking, and ethical leadership.

Academic Programs

AIT provides a wide range of undergraduate and postgraduate academic programmes in subjects such as engineering, business administration, computer technology, and health sciences. The programme is designed to match worldwide standards by incorporating practical experiences and industry-relevant abilities to prepare students for professional difficulties.

  • Engineering Programs: AIT is well-known for its engineering programmes, which include Civil Engineering, Electrical and Electronic Engineering, and Mechanical Engineering. These programmes integrate academic knowledge with practical practise, preparing students for influential jobs in the engineering sector.
  • Business and Management: AIT’s School of Business offers Business Administration, Accounting, and Finance programmes. These programmes, which emphasise entrepreneurship and leadership abilities, provide students with the tools they need to negotiate the complexity of the corporate world.
  • Information Technology (IT): AIT recognises the relevance of Information Technology (IT) in the digital era. The institute provides Computer Science, Information Technology Management, and Software Engineering programmes, preparing students for employment in the technology industry.
  • Health Sciences: AIT’s School of Allied Health Sciences offers programmes in Medical Laboratory Technology and Public Health. These programmes respond to the increased demand for qualified workers in the healthcare and public health sectors.

Campus Facilities

The AIT campus is outfitted with cutting-edge amenities that promote a positive learning environment. Modern classrooms, well-equipped labs, a library with a huge range of academic materials, and leisure facilities are among them. The campus infrastructure represents AIT’s dedication to provide students with the resources they need for holistic learning.

Research and Innovation

AIT maintains a high focus on research and innovation, encouraging both teachers and students to participate in cutting-edge initiatives. The institute works with industrial partners and research institutions to address real-world difficulties and make advances in a variety of sectors.

International Collaborations

AIT has formed alliances with prestigious foreign universities and institutes, promoting a global perspective in its educational programmes. These alliances provide students exchange programmes, cooperative research activities, and exposure to a variety of cultural experiences.

Alumni Success Stories

The achievements of AIT’s graduates, who have succeeded in a variety of sectors and professions, represent the school’s success. AIT graduates are making major national and worldwide contributions to engineering, business, technology, and healthcare.

Conclusion

Accra Institute of Technology is a forerunner in Ghanaian higher education, committed to academic achievement, innovation, and holistic development. AIT continues to influence the future of its students and contribute to the progress of knowledge and technology in the area via its diversified programmes, cutting-edge research, and worldwide collaborations. AIT, as a learning and innovation hub, is critical in educating the next generation of leaders and professionals for the challenges and possibilities of the twenty-first century.

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Make sachet and bottled water available on the market – Seth Yormewu to GWCL

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G-WATER, a subsidiary of Ghana Water Company Limited, provided the victims with high-quality water. The DCE also requested that the Company open an office in Anloga, stating that the area has 28 voting districts and that the creation would aid in the successful delivery of services to the people. The GWCL's Volta Regional Chief Manager, Mr Francis Lamptey, informed Ghana News Agency that the company will evaluate the application for the opening of an office in the area. He said that a district required a minimum of 5,000 clients, but "if it is below, about 1,000 2,000, we do what we called sub district."

Seth Yormewu, the District Chief Executive for Anloga in the Volta Region, has urged Ghana Water Company Limited to make sachet and bottled water accessible on the market.

According to the DCE, the Company’s water is of good quality, but because it is not on the market, most residents are unaware of it and unable to purchase it.

Mr Yormewu made the request as the Company was distributing relief materials to those affected by the Akosombo Dam leakage in the region.

The Company’s Volta Regional Directorate, in partnership with its Head Office, distributed 1,000 sachet bags and 50 packs of bottled water to victims in the district.

G-WATER, a subsidiary of Ghana Water Company Limited, provided the victims with high-quality water.

The DCE also requested that the Company open an office in Anloga, stating that the area has 28 voting districts and that the creation would aid in the successful delivery of services to the people.

The GWCL’s Volta Regional Chief Manager, Mr Francis Lamptey, informed Ghana News Agency that the company will evaluate the application for the opening of an office in the area.

He said that a district required a minimum of 5,000 clients, but “if it is below, about 1,000 2,000, we do what we called sub district.”

Mr Lamptey stated that they would examine the data available to them and establish an office if the region has the requisite number.

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Ghana Card: NIA employees guilty of enrolling unqualified applicants

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The NIA has warned its employees and the general public not to break the law or the NIA's Standard Operating Procedures. It stated, "Persons found culpable will face the full consequences of the law."

The police have obtained a bench warrant for the search and arrest of an accused Fulani herdsman, Amadu Seeta, for obtaining a Ghana Card without following conventional operating protocols.

George Kwame Essien, an Assistant Technical Enrolment Officer (ATEO) of the National Identification Authority (NIA) at the Walewale District Office in the North East Region, who supported Seeta in registering for the Ghana Card, was convicted.

The NIA stated on November 30, 2023, in a statement, “On 26th November 2023, the Police Investigation Unit of NIA Head Office, Accra, initiated an inquiry into alleged misconduct by Mr George Kwame Essien. The investigation focused on the registration of an unqualified applicant, Amadu Seeta (currently at large), an alleged Fulani herdsman, who received an ECOWAS Identity Card without following standard operating procedures.”

The NIA has warned its employees and the general public not to break the law or the NIA’s Standard Operating Procedures.

It stated, “Persons found culpable will face the full consequences of the law.”

Read the statement by the NIA below

For Immediate Release:

NIA Addresses Misconduct Leading to Conviction of Assistant Technical Enrolment Officer.

The National Identification Authority (NIA) informs the public of the recent conviction of Mr. George Kwame Essien, an Assistant Technical Enrolment Officer (ATEO) of the Authority, at the Walewale District Office in the North East Region.

On 26th November 2023, the Police Investigation Unit of NIA Head Office, Accra, initiated an inquiry into alleged misconduct by Mr. George Kwame Essien. The investigation focused on the registration of an unqualified applicant, Amadu Seeta (currently at large), an alleged Fulani herdsman, who received an ECOWAS Identity Card without following standard operating procedures.

The investigation uncovered that on 25th September 2023, Essien registered Amadu Seeta without adhering to due process. Seeta did not meet the necessary registration requirements, prompting Essien to forge NIA Form One and an Oath of Identity Form belonging to Braimah Seini. Mr. Frank Donkor, an Assistant Registration Officer, detected irregularities and promptly retrieved the card from Seeta, who subsequently fled the scene. Following a comprehensive investigation, George Kwame Essien pleaded guilty on 29th November 2023 before the Tamale District Court II.

Consequently, he was convicted and sentenced to seven months’ imprisonment on count two (Forgery of Document, Contrary to section 158 of the Criminal Offences Act 1960, Act 29), and six months each on counts 1 (Abetment of Crime, Contrary to section 20(1) of the Criminal Offences Act 1960, Act 29, and section 40 (1) (A) of the National Identity Register Act 2008, Act 750), 3 (Causing an unauthorized interference with electronic records, Contrary to section 125 of the Electronic Transaction Act 2008, Act 772), and 4 (Causing an unauthorized modification of information, Contrary to section 40 (1) (g) of the National Identity Register Act 2008, Act 750), with all sentences to run concurrently. Essien has been handed over to the Tamale Prisons Authority to serve his sentence.

A bench warrant has been issued for the search and arrest of suspect Amadu Seeta, who remains at large, to stand trial.

Through this release, the NIA emphasizes to all staff and the general public that violations of the law and NIA’s Standard Operating Procedures will not be tolerated. Persons found culpable will face the full consequences of the law.

The NIA remains resolute and steadfast in its commitment to upholding the rule of law, without fear or favour, and promoting integrity, patriotism, and decency in the workplace.

End
Corporate Affairs Directorate
30th November 2023

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