Tag: Dr Mahmud Bawumia

  • 244 MW additional power generation needed before end of 2025 to avoid power disruption

     

    Ghana Grid Company Limited

    Adnan Adams Mohammed

    The Ghana Grid Company Limited (GRIDCo) has warned that the Mahama administration will need to ensure that, there is additional power generation of up to 244 megawatts before end of 2025 to ensure stable power.

    This was contained the GRIDCo report titled, “Power Supply Outlook For The WAGP Offshore Pigging From January 20 – February 16, 2025 And Projections For 2025”.

    The report captured the dire situation left behind by the NPP administration led by Nana Akufo- Addo and Dr Mahmud Bawumia. If not for the swift intervention of the current administration’s proactiveness to call for an emergency meeting among stakeholders in the energy sector led by the Chief of Staff, Julius Debrah, to secure fuel for use by the thermal plants in Tema and the subsequent postponement of the West African Gas Pipeline Company Limited planned maintenance by two weeks, Ghanaians would have had to endure major load shedding in coming days.

    “There will accordingly be the need to secure additional generation resources with dependable capacity of at least 244.66 MW by the last quarter of the year to ensure sustained supply adequacy by the end of the year”, the report noted. “This additional capacity could be realised from the timely completion of installation and commissioning of the last four (4) units at the Anwomaso Thermal Power Station, the AKSA thermal power plant, or the CENIT power plant project all currently under construction in Kumasi.

    “There will also be a need to secure additional 129 mmcfd of natural gas supply (or equivalent volumes of liquid fuels) in order to have enough fuel for thermal generation in Ghana in 2025.” Power demand is projected to grow steadily to an annual peak of 4,415.42MW by the last quarter of 2025.

     

  • IS BAWUMIA COMING OUT OF HIDING ON LGBTQ+ TODAY – MUSLIM GROUP ASKS

    Adel Umar

     

    Ensakai, says though today offers Vice-President Mahamudu Bawumia a golden opportunity to state his stance on LGBTQ+, his loud silence after all these while and then coming out to state his stance only after Mahama publicly repudiated LGBTQ+ last week will only amount to trying to score cheap political points.

    In a statement signed yesterday by its Convener, Adel Umar Ibrahim, Ensakai says no true Muslim will tolerate LGBTQ+ sexual orientation for even a second. It is therefore embarrassing to the Muslim community that Vice-President Mahamudu Bawumia has kept quiet on the issue since it began raging in Ghana over ten years ago.

    The group is a Muslim youth organization interested in the promotion of good morals in Zongo communities in Ghana

    “As a Muslim, we expected you, Mr. Vice-President, to without let or hindrance swiftly condemn LGBTQ+ when your boss, President Akufo-Addo, told Al Jazeera IN 2018 that with a little push by the LGBTQ+ Community, homosexuality will become legal in Ghana” the statement said.
    According to the Muslim group, it was disturbing to note that the Vice-President further kept quiet when attempts were made to introduce Ghanaian school children to homosexuality through the curriculum of basic schools in the country.
    By keeping a loud silence then, our Vice-President, a Muslim, was giving his support for children to be taught that it is okay for a man to marry a man and a woman to marry a woman.
    “On the other hand, John Mahama has made Christians, and indeed Muslims proud by declaring once again just last week that he is against LGBTQ+ because his faith is against t and the culture of the people he is seeking to lead is against it. That Bawumia is coming on the heels of this to state his stance after this long period of silence can only be an attempt to score cheap political points seeing that Mahama is being applauded by Muslims, Christians, traditionalist and adherents of other religions for his bold stance against LGBTQ+. With that, should Bawumia take a stance against LGBTQ+ today, it can only an unwilling act, a dishonest one, forced out of him for the sake of political expediency. However, we are looking forward to hear his stance on this perverse sexual orientation, especially, on why he has kept silence all these while” Ensakai said.
    The group applauded Former President Mahama for coming out boldly against LGBTQ+.
    “This is the mark of a true leader. A true leader must be unwavering. He must be bold and principled. Above all,he must put the interest of the people he is seeking to lead above his personal gains”

    Source : Daily Post

     

  • Bawumia admits Ghana’s tax regime is ‘most punitive’ … as he promises reforms

    Seth Terkper and Dr Mahmud Bawumia

     

     

     

    Adnan Adams Mohammed

     

    Dr Mahmud Bawumia has admitted the claims by former Finance Minister, Seth Terkper, that Ghana is witnessing “the worst” tax system ever.

     

    Mr Terkper described the current tax regime under the Akuffo Addo/Dr Bawumia government as the ‘most punitive’ and ‘worst tax structure’ that the country has ever had.

     

    Further indicating that, such punitive tax regime ends deprive the nation of the needed revenue as taxpayers find ways and means of evading and avoiding the tax. However, Dr Mahamudu Bawumia has prmised a new, “friendly” flat tax regime when he is elected President.

     

    “So, if you have a simplified tax regime it is better and compliance increases”, Terkper said in an interview last week. “And the evidence is that if you look at our tax-to-GDP ratio, well, until recently as GRA is claiming — the highest point at which revenue was collected was 2015 per the percentage of GDP, not nominal terms.”

     

    Consequently, in admittance to Terkper’s argument, the Vice President and Flagbearer of the NPP in his national address to outline his vision and priorities for Ghana, last week, there is the need to reform the tax system to the advantage of businesses, especially small and medium enterprises, (SMEs), which constitute the majority of the Ghanaian business community, while also encouraging the payment of the new friendly taxes,.

     

    “My administration will introduce a very simple, citizen and business-friendly flat tax regime. A flat tax of a percentage of income for individuals and SMEs, which constitute 98% of all businesses in Ghana, with appropriate exemption thresholds set to protect the poor,” Dr Bawumia declared.

     

    “With the new tax regime, the tax return should be completed in minutes! We will also simplify our complicated corporate tax system and VAT regime.”

     

    Dr Bawumia also stated that, to start the new tax system on a clean slate, “My government will provide a tax amnesty, i.e. a complete exemption from the payment of taxes for a specified period and the waiving of interest and penalties, up to a certain year to individuals and businesses for failures to file taxes in previous years so that everyone will start afresh.”

     

    “Tax digitalisation will be implemented across all aspects of tax administration. Everyone will be required to file a very simple tax return electronically through their mobile phone or computer. There will be no manual or paper filing of taxes from 2025. Faceless assessments will provide transparency and accountability,” he added.

     

    In the past two months, the government has tried to implement two new taxes, thus, a 15 percent VAT on electricity and and emission tax. Although, it has suspended implemetation of the VAT on electricity tax after organised Labour threatened a nationwide demonstration.

     

    Apparently, during the debate of the 2024 Budget Statement, the minority caucus, accused the Akufo-Addo government of having introduced some 50 new taxes since 2017.

     

    “Mr. Speaker, you recall in 2017 this same Finance Minister told this House that they were removing so-called ‘nuisance taxes.’ That was a hoax! Today, we are witnessing an epidemic of nuisance taxes, taxes, and more taxes”, Minority Leader Cassiel Ato Forson told parliament in his concluding remarks on the 2024 budget debate on the floor of Parliament on Wednesday, 29 November 2023.

     

    “This government has burdened Ghanaians with over 50 taxes despite their promise ‘to shift the economy from taxation to production.’ Mr. Speaker, notwithstanding the over 50 taxes imposed by this government since 2017, this 2024 budget is introducing additional taxes worth GH¢11 billion,” Dr Forson added.

     

    “Mr. Speaker, any additional tax will worsen the extreme poverty in our dear country. We cannot support these new taxes because they will put an extra burden on businesses. Already, businesses are collapsing because of the high cost of doing business in Ghana.”

     

    “We cannot support these new taxes because currently, tax exemptions pending before the Finance Committee amounts to GH¢5.5 billion, equivalent to USD449 million”, Dr Forson emphasised.

     

     

  • Muslims suffering in Ramadan under Bawumia’s economic hardship – Alhaji Naziru

    Muslims suffering in Ramadan under Bawumia’s economic hardship – Alhaji Naziru

    The National Zango Caucus of the National Democratic Congress (NDC) has blamed the financial hardship resulting in the inability of some Muslims to observe the holy Ramadan month on Vice president Dr Mahamadu Bawumia.

    The caucus said it is disappointed in Bawumia– a practicing Muslim and the head of the country’s economic management team– has mismanaged the economy thereby imposing hardship on the average Muslim.

    Alhaji Mohammed Naziru, the National Communications Officer NDC Zango Caucus blamed the high inflation and rise in commodity prices on the free fall of the cedi which ought to have been managed well by Bawumia.

    “Much as they may be external causes to Ghana’s economic crisis, one can not runaway from the profligate and ostentatious lifestyle of the President and his appointees supervised by the first Muslim head of Ghana’s economic management team,” Naziru noted in a statement in which he chronicled the woes of the Muslim during Ramadan.

    “Interestingly, the prices of Oil, Sugar and Rice, (a basic necessity to feed the nation) has so much skyrocketed that an average Muslim dare not attempt to buy,” he added.

    This development, he stated, “is largly due to the weakness of the Ghana cedis against the major international trading currency(USD) under the watch of a Muslim head of economic management team.”

    Below is the statement from the NDC Zango Caucus

    The Woes of a Practicing Muslim under a Muslim Vice President- 2022 Ramadan.

    All too soon, the 2022 Ramadan season is hear with us and every Muslim practicing or not, knows the financial requirements to making a fasting sustainable.

    One of the major campaign messages of the NPP in the zangos has remained the fact that the NPP are the only political party to have a Muslim brother as a sitting vice President and automatic head of the economic management team, this campaign message was executed in Gurg style to let it stuck in the minds of our Zango people.

    The fact that Ghana’s economy is in tatters today is not a classified information since the Government itself has admitted the economy of Ghana is on life support.

    Much as they may be external causes to Ghana’s economic crisis, one can not runaway from the profligate and ostentatious lifestyle of the President and his appointees supervised by the first Muslim head of Ghana’s economic management team.

    This write up seeks only to elucidate the woes of a practicing Muslim under a Muslim head of economic management team and let the cheers fall where they may.

    First of all, the practicing Muslim in Ghana will for the first time since 1992 start the Ramadan fast with a delayed salary, courtesy the negligence of the economic managers making his/her home dry, thus, taking away the euphoria that greets the month of Ramadan and the excitement it brings.

    Under a Muslim head of economic management team, Muslims in Ghana are experiencing a cheater speed inflation to the extent that they have to pay more than 100% more for the same commodities they bought in 2016.

    Interestingly, the prices of Oil, Sugar and Rice, (a basic necessity to feed the nation) has so much skyrocketed that an average Muslim dare not attempt to buy. This is largly due to the weakness of the Ghana cedis against the major international trading currency(USD) under the watch of a Muslim head of economic management team, living the mostly poor Muslims vulnerable.

    Interestingly, Bawumia who is the head of economic management team is known for sharing tons of goodies to secure his bid to lead the NPP. Once again he will move into the Muslim communities with rice and other goodies without ignominy albeit in the form of support to our Muslim folks. But the question is, can the cedi be strong against the dollar if he continues to buy foreign rice? A question to the Muslim Vice President.

    We all witness the cries of our local rice farmers for lack of ready market for their harvest leading to post harvest loses and low returns on investments thus forcing the poor rice farmer out of business.

    In the face of all these glaring danger and in compliance with NPP’s own promise to boost local production, I challenge the vice president of the Republic of Ghana and the head of economic management team to ensure that all the goodies he intends to share as usual in the Muslim community should be “Made in Ghana”, so as to protect our local industry.

    Again, in a rather astonishing circumstances, the Muslim head of economic management team has decided in what can best be described as “target hitting” to introduce the killer E-levy at a time when the entire Muslim community- who’s economic activities are fueled largely with remittances from families abroad- and are looking forward to more remittances to undergo the Ramadan fast, celebrate Eid- fitr and probably pay for Hajj.

    In conclusion, it will certainly not be far fetched to say Muslims in Ghana may suffer more under the prevailing economic circumstances with a Muslim vice President and head of economic management team than they have suffered under a non Muslim head of the country’s economic management.

    I sympathise with all our Muslim brethren who are finding it difficult to fast as a result of no food and to others the high cost of commodities which has been bestowed on us by the Bawumia/Nana Addo Govt.

    We must therefore use this period of Ramadan to pray for Allah’s intervention in the affairs of Ghana.

    I wish all our Muslim brethren a happy Ramadan and I implore all those who have some extra food items to share with the poor.

    May Allah help us to overcome these hardships.

    Thank you

    Alhaji Mohammed Naziru

    Nat. Communications officer NDC Zango caucus

    Zib69@yahoo.com

    0244285223