A flagbearer aspirant of the opposition National Democratic Congress (NDC), Augustus “Goosie” Obuadum Tanoh, says the current Ghana’s “economy is very vulnerable”.
He said for the economy to survive, government must direct its policies towards ensuring that Ghana produce and consume its goods.
Mr. Tandoh made the observations in an interview with Asempa FM’s Ekosii Sen on Monday, September 17, 2018.
“It is not the oil that will make the economy resilient. It is the goods and services that we produce and all our designs and policies must be towards producing and consuming things locally”, he explained.
According to him, Ghana as a country has been addicted to the level of de-industrialization and that everything must come from abroad and that is what is bringing the weakness in the cedi against the dollar.
“We need the dollar to survive. We demand dollars than we do to the cedi, but our economy is not responding to producing things that we need locally. We import rice, tomatoes paste. Unfortunately, everything is imported so it affects every government”. -he added.
ABOUT GOOSIE TANDOH
Goosie Obuadum Tanoh is a Lawyer and a politician born on February 7, 1956. He was the Presidential Candidate of the National Reform Party (NRP) in the 2000 elections. He holds a Bachelor of Law (LLB) from the University of Ghana and Master of Law degrees from the North Western University Law School, Chicago, USA.
He worked as a Board Member of Worldspace Ghana in 1996, Managing Director and Chairman of the Board of Transport and Commodity General Limited in 1993, the Executive Director, Finance and Administration of Ghana National Petroleum Corporation from 1989 to 1992 and as the Director and Board Member Ecobank Ghana Limited during those same years.
Goosie Tandoh was a Law Lecturer at the University of Ghana, Legon in 1982. The NRP presidential candidate also served as a member of the Consultative Assembly that drafted the 1992 Constitution. He pioneered the packaging and exportation of Cassava chips from West Africa to Europe in 1989.
He parted ways with the National Democratic Congress (NDC) in 1999 citing issues of corruption and disorganization and founded the National Reform Party (NRP). Contesting the following year. He was a member of Ghana’s delegation to the Security Council, General Assembly and the Preparatory Commission on the law of the sea, at the United Nations from 1986 to 1989.
Mr. Tanoh is married to Karen an Accountant/Banker at Ecobank International.