
Obuasi SHTS headmaster steps down as NDC Juaben secretary, exits chairmanship race
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6th October 2023 4:30:00 AM
2 mins readBy: Phoebe Martekie Doku
Deputy Chief Executive of the National Youth Authority, Akosua Manu, has asserted that the Occupy Bank of Ghana protest was misdirected because the Bank of Ghana is not involved in the cultivation of food crops for assessing food inflation.
In an interview with the media, Akosua Manu contended that while holding institutions accountable is essential, it should be done within the appropriate scope.
She explained, “some of the things that the minority talked about, if they are talking about factors that affect inflation including food, it is not BoG that plants maize or plantain to determine that, it doesn’t come to them. Secondly if you want to have a conversation about him resigning, he doesn’t appoint himself, take it to the right authority for that to happen, so it becomes a question of gimmicks and games”.
She also acknowledged the government's approach to the Bank of Ghana for assistance, asserting that it falls within the bank's purview.
Akosua Manu argued that the Bank of Ghana could even provide loans to the government, such as an overdraft or in another manner as deemed appropriate by the bank.
However, Akosua Manu criticized the Bank of Ghana's Governor, Dr. Ernest Addison, for referring to the protesters as hooligans, stating, “in the end, I disagree with the description of the protesters as hooligans; he performed poorly on that front. No one can make me believe that they were the right words to use”
The protest, known as Occupy Bank of Ghana (BoG), was organized by the Minority group in Parliament, the National Democratic Congress (NDC), CPP, PNC, and various civil society organizations.
The demonstration, which took place on October 3, 2023, called for the resignation of the Bank of Ghana Governor and his two deputies.
Thousands of protesters marched through the streets of Accra, demanding the resignations in light of the bank's GH¢60 billion loss in the 2022 fiscal year and the contentious $250 million US dollar new head office project of the central bank.
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