Bawumia has a penchant for engaging in ‘rush–talk’ – Edudzi Tameklo

A Member of the National Democratic Congress (NDC) Communications Team, Godwin Edudzi Tameklo has described Vice President Dr.

Bawumia has exposed his lack of understanding as regards how public policies work.

In his words, “You know, our Vice President has this penchant for engaging in rush-talk.

This rush-talk, with the benefit of time, has rather exposed the fact that our Vice President is really not thorough when it comes to policy issues.”

Explaining his assertion, Mr.

Tameklo said the Vice President Mahamudu Bawumia led the government in striking a $2 billion deal titled Master Project Support Agreement (MPSA) with a hydropower engineering and construction firm, a Chinese state – run firm, Sinohydro Corporation Limited in September 2018.

The firm is enjoined by the deal to finance and execute the construction of infrastructural projects across the length and breadth of Ghana in exchange to having access to sites to mine bauxite in the country.

Mr.

Tameklo said on JoyNews’ Newsfile on Saturday that, true to their suspicion, the deal has added to the country’s debt.

Touching on government’s Gold for Oil policy, Mr.

Bawumia that the current reduction in fuel prices at the pumps is due to the Gold for Oil deal.

According to the Vice President, the ‘Gold for Oil’ policy which is now in its third month is already yielding a positive impact and is expected to cause a reduction in prices of petroleum products at the pumps from March 16, 2023.

Dr.

Bawumia who was speaking at the commissioning of a new head office for the Bulk Oil Storage and Transportation Company in Accra said the country will make an annual savings of $4.8 billion to accelerate economic development.

“The savings in foreign exchange when we do, this will be an annual savings of $4.8 billion every year and that means the oil importing companies will not be going to the Bank of Ghana looking for $4.8 billion to buy oil”, he said.

Drop in fuel prices not entirely because of Gold-for-Oil policy – Dr Theo Acheampong

However, some experts have expressed contrary views.