The President, Nana Addo Dankwa Akufo-Addo, has been urged by the Automobile Dealers Union (ADUG) to fire Finance Minister Ken Ofori-Atta immediately.

They said that the minister's "abysmal performance in managing the economy of Ghana" was the cause of this.

The Union claims that the quick depreciation of the Ghana cedi has a significant impact on their working capital and, consequently, their overall standard of living.

A release from October 31, 2022 stated that "the effects of exchange rates are actually having a terrible effect on enterprises, and all our investments are going down the drain."

The Union also threatened to start a “huge” demonstration on November 19, 2022, if their demand was not met.

The release signed by the General Secretary of the Union, Benjamin Owusu Yankey, stated: “However, we are giving the President two weeks ultimatum if he fails to release Mr. Ken Ofori-Atta from his position as the Finance Minister of the Republic of Ghana, we will stage a huge demonstration against him (H. E. Nana Addo Dankwah Akufo-Addo) on November 19, 2022, at 8:00 am, at Obra Spot, Kwame Nkrumah Circle in Accra.”

ADUG has also called on other trade unions to join to make these demands from the government.

“We are calling on all concerned importers and traders whose businesses have been negatively affected by the high exchange rates (US Dollar) as a result of the poor policy decisions by the Finance Minister should join hands with us to stage a demonstration against the President for his refusal to sack the Finance Minister,” they added.