Local news

BoG Governor must resign; he’s proven to be incompetent – Adongo

The National Democratic Congress’ (NDC) Member of Parliament for Bolgatanga Central, Isaac Adongo is mounting pressure on the Governor of the Bank of Ghana, Dr. Ernest Addison.

Adongo wants the BoG Governor to resign after accusing him of being incompetent.

“This is a man who has failed to come to Parliament for the past 3 years in violation of his own law. He was supposed to report to us every 6 months to update us on our forex developments but does not show up. And he goes around calling others for meetings. He should have resigned by now.”

“Exchange rates do not respond to meetings. They have a lot to do with the lack of liquidity in the market. The exchange rate we have now is as a result of the incompetence are seeing.”

Isaac Adongo, who is also a member of Parliament’s Finance Committee, made the call on the back of a request by some Majority MPs for the Finance Minister, Ken Ofori-Atta and the Minister of State at the Finance Ministry Charles Adu Boahen to be sacked.

Mr. Adongo welcomed the news and said this move, if successful, will still not be enough if the Bank of Ghana Governor remains in office.

He believes Dr. Addison is equally incompetent and should step aside

Share
MasemTV Newsroom

Recent Posts

Chairman Wontumi Promised Me GH¢20,000 Salary and a Toyota Land Cruiser V8, But I Only Received GH¢4,000 for Fuel – Akonta Mining GM Reveals

The former General Manager of Akonta Mining Limited, Mr. Edward Akuoko, has made startling revelations… Read More

4 days ago

OSP seizes over GH¢100m and US$100k worth of assets of former NPA Boss Mustapha Hamid in corruption trial

The Office of the Special Prosecutor (OSP) has seized and frozen assets valued at more… Read More

4 days ago

Hon. Zuwera Mohammed lbrahimah Commends Minority Chief Whip’s Insightful Statement

The Member of Parliament for Salaga South, Hon. Zuwera Mohammed lbrahimah, has commended the Minority… Read More

4 days ago

Wontumi failed to acquire full documentation for Tano Nimiri Forest – Former Akonta Mining manager

The former General Manager of Akonta Mining Company Limited, Edward Akwasi Akuoko, has admitted that… Read More

4 days ago

Withdraw ill-informed petition against Abena Osei-Asare – Osei Nyarko to A Plus

The Member of Parliament for Akim Swedru, Kennedy Osei Nyarko, has advised his colleague, Kwame… Read More

4 days ago

UTAG condemns NAIMOS attack, blames political interference for galamsey crisis

The University Teachers Association of Ghana (UTAG) has strongly condemned the attack on the National… Read More

4 days ago