
Govt to write off $120m of TOR’s $400m legacy debt – MD
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20th September 2026 11:16:51 AM
3 mins readBy: Abigail Ampofo

The Interior Ministry announced today, Monday, September 21, a statutory national public holiday to commemorate Ghana’s first president, Osagyefo Dr Kwame Nkrumah.
The Ministry, in a formal statement signed by the Interior Minister, Muntaka Mohammed - Mubarrak, indicated that “The general public is hereby informed that Monday, 21st September, 2026 marks Founder’s Day, which is a Statutory Public Holiday and should be observed as such throughout the country.
Dr. Nkrumah, born on September 21, 1909, became Prime Minister in 1952 and later Ghana’s first President in 1960. His policies of rapid industrialisation, education expansion, and continental unity earned him admiration across Africa, though his government was overthrown in 1966.
Meanwhile, Ghana's Founders’ Day has not always fallen in September. So far its date and meaning have been changed by two distinct administrations, led by the NPP and the NDC, respectively.
Evolution of Founders’ Day in Ghana
In 2009, President John Atta Mills introduced Founders’ Day on September 21 to honour the birthday of Dr Kwame Nkrumah, Ghana’s first President. The holiday was meant to celebrate Nkrumah as the sole founder of the nation.
In 2017, President Nana Akufo-Addo changed the holiday to August 4, renaming it Founders’ Day in the plural form. His government argued that Ghana’s independence was achieved through the collective efforts of the “Big Six” and other nationalists, not Nkrumah alone. As part of this change, September 21 was downgraded to Kwame Nkrumah Memorial Day, which was commemorative but no longer a statutory holiday.
In 2025, President John Dramani Mahama reversed this decision through the Public Holidays and Commemorative Days (Amendment) Act, 2025. Parliament reinstated September 21 as Founder’s Day (singular), once again honouring Nkrumah alone. At the same time, August 4 was removed from the holiday calendar. This amendment took effect from 2026 onward.
About Dr Kwame Nkrumah
Dr Kwame Nkrumah was born on September 21, 1909, in Nkroful, a small town in Ghana’s Western Region. He attended Achimota School in Accra. His pursuit of higher learning took him abroad, first to the United States, where he studied at Lincoln University and the University of Pennsylvania, and later to London. During these years, he became deeply involved in Pan‑Africanist movements and student politics.
Nkrumah returned to the Gold Coast in 1947 and quickly rose to prominence as General Secretary of the United Gold Coast Convention (UGCC). His radical approach to independence led him to break away and form the Convention People’s Party (CPP) in 1949. Through mass mobilisation and grassroots activism, he became the face of Ghana’s independence struggle. Arrested in 1950 for political agitation, he was released after the CPP won a decisive electoral victory, paving the way for his leadership.
In 1952, Nkrumah became Prime Minister under colonial rule, and by March 6, 1957, he led Ghana to independence, the first sub‑Saharan African nation to achieve this milestone. He declared Ghana a republic in 1960 and became its first President. His administration focused on industrialisation, education, and infrastructure, most notably the Volta River Project (Akosombo Dam). Beyond Ghana, he was a leading voice for African unity, helping to establish the Organisation of African Unity (OAU) in 1963.
However, his government faced challenges, including economic strain and political opposition. On February 24, 1966, while on a state visit abroad, Nkrumah was overthrown in a military coup. He spent his remaining years in exile in Guinea, where President Ahmed Sékou Touré named him Honorary Co‑President. Nkrumah died on April 27, 1972, in Bucharest, Romania. His remains were later reburied at the Kwame Nkrumah Mausoleum in Accra, which stands today as a symbol of his enduring legacy.
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