15th December 2022 11:55:55 AM
2 mins readA business tycoon from Ghana complained about Ghana's imports.Added Dr. Kofi Amoah: "If you look at the list of goods that Ghana buys, you might wonder why this nation is doing this.Although Brazil's corn production is 14 times higher than ours, Ghana's central area enjoys superior climate than Brazil.
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Why does that matter?It indicates that God has given you some blessings, such as excellent land, abundant rainfall and sunshine, the ability to grow maize, which is used to make flour and bread, and the ability to export all of this, as opposed to us, who import flour to make our bread.We must reconsider."Ghanaian businessman, Kofi Amoah, has asserted that Ghana is more focused on importing goods to sell than manufacturing products.
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He noted that the Ghanaian economy is largely service-based. This he said, leads the economy to fail.Speaking on GhanaWeb’s The Lowdown programme, Kofi Amoah, who is otherwise known as Citizen Kofi said, “We have become a buy and sell country. We are not a make and sell. We are not manufacturing things. We are importing things outside, things we should be able to make.
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So until your economy has become more sophisticated, if, at the beginning stages, the service sector is the largest portion of your economy, you are on your road to failure. We must be an economy that is making things.”He stated that government needs to re-strategise its plan to ensure that most of the goods are manufactured locally for Ghanaians perusal and to large extent exported.
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Citizen Kofi noted that Ghana has favourable conditions to grow food crops, hence, the need for government and farmers to take advantage to produce more goods onto the market.
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