Togbe Afede XIV, the Agbogbomefia of Asogli State, has bemoaned Ghana’s inadequate infrastructure development despite the country’s ballooning debt stock.
He is concerned that, despite the country’s massive debt, there is far too little to show for it.
Togbe Afede XIV, speaking at the grand Durbar to conclude the 2022 Asogli Yam Festival in Ho, says the country’s economy has been exposed by COVID-19 and the Russia-Ukraine war.
“Our economic problems predate COVID-19 and the war between Russia and Ukraine.” We are fortunate to have so much – 30 percent of the world’s mineral resources, so many arable lands, yet we cultivate so little to the world’s output, and we remain poor, and the worst part is that we are so indebted.”
He claims that the vast sums of money accessed by Ghana have not resulted in the necessary infrastructure development that Ghanaians deserve.
“What’s more concerning is that, with so much debt, we can’t tell what it’s done for us.” As a result, we continue to lack many basic facilities, such as poor roads. We know how bad the road is from Accra to Ho and Ho to Aflao. Many of these roads used to be very good. If they were good and are now bad, it means that we as a country have regressed.”
This year’s Asogli Yam festival, with the theme “Let’s Eschew Greed, Unite for Peace, Development, and Prosperity,” began on August 6, 2022.
Also read: Ghana is working with the IMF to push economy back to path of prosperity
Former President John Dramani Mahama said at the same event that the Akufo-Addo administration has failed in its fight against corruption.
His remarks follow infractions cited in the 2021 Auditor General’s Report.
The Former President also stated that the country is facing major challenges and that greed must be avoided in order to foster development.
Despite the strong foundations laid by our forefathers, he observed that self-centeredness has eroded.
“The NPP government has completely lost control of the anti-corruption fight.” President Akufo-Addo promised to protect the purse in his inaugural address. Today, the public purse is nowhere to be found. “The revelations in the Auditor General’s report for 2021 are only a microcosm of the apparent institutionalisation of corruption under this administration,” he bemoaned.
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