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No roads, no electricity to show for govts extreme borrowing – Mahama claims

Former President, John Mahama has said the Akufo-Addo administration has borrowed more than any other government since independence yet with no corresponding projects.

He said the government would have been pardoned for what he described as excessive borrowing if there were development projects to show for.

In his view, the government cannot point to a single project that has been done out of the borrowing.

Mr Mahama, who has been touring the Savanna Region ahead of the 7 December 2020 polls, said: “This is a government that has borrowed almost GH¢140bn three and half years. When we left office from independence till I left office the national public debt was GH¢122 billion.

“Today, in just three and half years, it has gone from GH¢122 billion to GH¢258 billion. If the roads were there for us to see we won’t mind because we will say you spend the money well,” Mr Mahama claimed.

“There are no roads, there is no electricity, they have not added anything to water, there are no hospitals, there are no schools, there are no airports, no harbours, nothing and yet you have borrowed in excess of GH¢140bn,” he added.

Source: Laud Business

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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