Vice President and Flagbearer of the NPP, Dr. Mahamudu Bawumia, has announced plans for a substantial overhaul in sports funding under his government to propel Ghana towards modern sports development.

Speaking on Wednesday, February 7, 2024, as he unveiled his vision for Ghana, Dr. Bawumia highlighted the failure of Ghanaian sports to realize its full potential. He pinpointed inadequate and unsustainable funding as a primary obstacle hindering progress in the sector.

"Sports is a multi-million dollar industry and an enabler for the youth," Dr. Bawumia said.

"However, we have not realized our full sports potential, and we cannot maximize the full potential of Ghana sports, with the same funding module we have operated with since independence."

In his vision for the development of sports in Ghana, Dr. Bawumia emphasized the importance of implementing policies, tax adjustments, and other incentives aimed at fostering increased private and public investment in the sector.

As part of his plan, he intends to prioritize measures that will create an environment conducive to attracting more financial support, both from private entities and the government, ultimately aiming to facilitate the thriving growth of sports in the country.

"My government will therefore, prioritise the creation of incentives for corporate sponsorship as a sustainable module of financing sports development and promotion for our national teams, including football, athletics and boxing at all levels."

"This will take the financial pressure off government, and also enable government to redirect more support to other sports disciplines."