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Saturday, October 22, 2011
Monday, October 17, 2011
MILLS A GOOD MASTER BUT A BAD SERVANT
BY: ERIC K. AMPONSAH
Prof. Mills is wasteful, because he does not see to the good will of his people yet he calls himself father for all. Today we do not have water, power cuts are rampart, power has worsened, and today we even have holes in our pocket.
It is said fire is a good master but a bad servant. This is so because of what fire can do interns of fire emergencies. This attribute can equally be compelled to Mills era of ruling. Yes with all the tittles like His Excellency Professor Dr. which can be attributed to his Esq. PhD certificate yet things are rapidly falling apart under our very noses but the so called master does not even appreciate the depth of the national malaise.
The NHIS has almost collapsed and subscribers no longer have confidence in renewing their NHIS cards because there are no medicines under National Health Insurance Scheme, yet Prof. Mills could buy five new planes at 300 million US Dollars, without the commercial interest rates on these loans for aircraft (from a consortium of banks) at a conservative 10 per cent per annum.
Let me give you some analogy on Ghana’s energy. The Bui Dam project cost 600 million Dollars from funding raised from China and work started by the NPP Administration in 2006. This was at the time when all political parties and civil society group had agreed that that nation at least 2000megaWatts (mW) of power to our generation capacity.
This would enable us attract investment into light industrial manufacturing to push us into the middle income bracket, so Bui Dam was started and 400nW was assured by 2012. Meanwhile the Sunon-Asogli thermal power project led by Togbui Afede XIV was also expected in another 560mW by 2009.
The point is without light industrial manufacturing to add value for domestic consumption and export, provide jobs and tax revenue, we are going nowhere. So what happened to the good master?
The supplementary budget spending is another wasteful and visionless drive down the road to mass poverty and national hopelessness.
On 22nd July, 2011 parliament approved up to 1,463,123,559.00 in additional government spending for 2011. Where is the money coming from? Where the money going? The money is coming from mainly from cocoa, gold and oil revenues which have been increasing account of high commodity prices.
When things begin to change and investors put their faith in the Dollar and the Euro, commodity prices begin to slide, as in 1999 and 2000. Investors in water and energy must make pure economic sense since they will pay for themselves in roughly ten years after completion of work.
The Akufo-Addo campaign team argued that it would raise the 2007 per capital income of $750 to $1200 by 2010 in the political debates of 2008. However Prof. Mills campaign team argued that it was too ambitious. Instead they will grow GDP from $12bn to $24bn by 2020 making it clear that middle income had been achieved by the NPP administration in 2007 even though the good had refused to give credit to the NPP administration.
Prof. Mills, if you claim you are father for all them be a good master to the people of Ghana because today poverty is has worsened. What is happing to the money generated from our own oil? Hear our cry because we told by the people around you.
Prof. Mills is wasteful, because he does not see to the good will of his people yet he calls himself father for all. Today we do not have water, power cuts are rampart, power has worsened, and today we even have holes in our pocket.
It is said fire is a good master but a bad servant. This is so because of what fire can do interns of fire emergencies. This attribute can equally be compelled to Mills era of ruling. Yes with all the tittles like His Excellency Professor Dr. which can be attributed to his Esq. PhD certificate yet things are rapidly falling apart under our very noses but the so called master does not even appreciate the depth of the national malaise.
The NHIS has almost collapsed and subscribers no longer have confidence in renewing their NHIS cards because there are no medicines under National Health Insurance Scheme, yet Prof. Mills could buy five new planes at 300 million US Dollars, without the commercial interest rates on these loans for aircraft (from a consortium of banks) at a conservative 10 per cent per annum.
Let me give you some analogy on Ghana’s energy. The Bui Dam project cost 600 million Dollars from funding raised from China and work started by the NPP Administration in 2006. This was at the time when all political parties and civil society group had agreed that that nation at least 2000megaWatts (mW) of power to our generation capacity.
This would enable us attract investment into light industrial manufacturing to push us into the middle income bracket, so Bui Dam was started and 400nW was assured by 2012. Meanwhile the Sunon-Asogli thermal power project led by Togbui Afede XIV was also expected in another 560mW by 2009.
The point is without light industrial manufacturing to add value for domestic consumption and export, provide jobs and tax revenue, we are going nowhere. So what happened to the good master?
The supplementary budget spending is another wasteful and visionless drive down the road to mass poverty and national hopelessness.
On 22nd July, 2011 parliament approved up to 1,463,123,559.00 in additional government spending for 2011. Where is the money coming from? Where the money going? The money is coming from mainly from cocoa, gold and oil revenues which have been increasing account of high commodity prices.
When things begin to change and investors put their faith in the Dollar and the Euro, commodity prices begin to slide, as in 1999 and 2000. Investors in water and energy must make pure economic sense since they will pay for themselves in roughly ten years after completion of work.
The Akufo-Addo campaign team argued that it would raise the 2007 per capital income of $750 to $1200 by 2010 in the political debates of 2008. However Prof. Mills campaign team argued that it was too ambitious. Instead they will grow GDP from $12bn to $24bn by 2020 making it clear that middle income had been achieved by the NPP administration in 2007 even though the good had refused to give credit to the NPP administration.
Prof. Mills, if you claim you are father for all them be a good master to the people of Ghana because today poverty is has worsened. What is happing to the money generated from our own oil? Hear our cry because we told by the people around you.
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