Dr. Mahamudu Bawumia, Running Mate to Nana Akufo-Addo, has debunked the claim made by Vice-President Amissah-Arthur that restoring the Teacher and Nursing Training Allowances will collapse the economy and explained that what is destroying the Ghanaian economy is the Incompetence, Mismanagement and Corruption of the NDC government.
Dr. Bawumia also noted the clear confusion between President Mahama and his Vice-President and the several inconsistencies in the government’s stance over the Teacher and Nursing Training Allowances.
Speaking at the Nalerigu Nurses Training College, Dr. Bawumia expressed shock at the constant contradictions of government officials on the allowances, saying “in government, we will expose the incompetence of this NDC administration.
There is nowhere where they have demonstrated as much incompetence as in the area of the Teacher and Nursing Training Allowances. They have demonstrated monumental incompetence.”
“Today, you do not really know what the policy of the NDC is as far as the issue of Training Allowances is concerned.
First, they said they have cancelled the allowances, and as the election was getting close, they said they are going to restore the allowances. And there is now a clear conflict between the President and Vice-President over their policy on Nursing Training Allowances”, he pointed out.
Responding to the claim made by the Vice-President on the same campus barely a week ago, Dr. Bawumia noted that the comment by the current Head of the Economic Management Team suggests that handlers of the economy still do not understand how this economy works and how to handle it.
“So when the Vice-President came here and said that the allowances will destroy this economy, it simply means they do not understand the economy. What is destroying the economy is mismanagement, incompetence and corruption; that is what is destroying this economy”, he said.
Free Lesson to Amissah-Arthur and Government
Providing what he termed as a free lesson for the handlers of the economy, Dr. Bawumia explained that Ghana’s current economic challenges, which had led to the cuts in among others the allowances, were down to the mismanagement and unbridled borrowing which had seen a skyrocketing of Ghana’s interest payments.
“Let me give the NDC and the Vice-President a free lesson in economic management. The interest payments under the NPP before we left office was less than 700million Ghana cedis, under the NDC, in just 8 years, it has jumped to 10.5 billion Ghana cedis.
If you look at the Teacher and Nursing Trainee Allowances as a percentage of Ghana’s total income, the Training Allowances are 0.1% of our total income. If you look at our Interest Payments, it is 6.5% of GDP; that means that Interest Payments every year is 65 times the Training Allowances,” he stated.
Amidst cheers of “we need change, we need change” by the hundreds of trainee nurses gathered, Dr. Bawumia explained that the numbers indicate that thanks to the NDC’s incompetence and mismanagement of the Ghanaian economy, a year’s interest payments can pay 65 years of Teacher and Nursing Training Allowances at the current levels.
“So one year’s interest payments under the NDC can pay Training Allowances for 65 years. Therefore, when they come and say that Teacher and Nursing Training Allowances will destroy the economy, it means they don’t understand the economy”, he reiterated.
Dr. Bawumia is on the 2nd leg of his tour of the Northern Region. He has so far on this tour visited the Yunyoo, Bunkpurugu, Nalerigu-Gambaga and Yagaba-Kubore constituencies.
Source: Peacefmonline.com
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Dr. Bawumia thank you for schooling NDC Change is coming..
This is dr. in Ecomincs scooling the so called vice president. If this man in the head of economic team why cant we face the problem we are facing. Stop borrowing and sharing and let Ghana be free.
I admire Dr. Bawumia so much for his economic prowess,indeed he's a gem!I think he with Nana Addo will build a world class economy,cut tax,increase production,therefore more employment,private sector boom,and Nana's brain for rule of law and strengthen institutions to work.VOTE NANA/BAWUMIA.
AFTER SUPREME COURT HAS FOILED EC AND NDC PLANS TO RIG WE SHOULD NOW PREVENT NDC FROM RIGGING BY CHECKING CAREFULLY THE PRINTING OF PINK SHEETS AND THEIR SERIEL NUMBERS SO THAT THEY WILL NOT PRINT DOUBLE PINK SHEETS, THE PRINTING OF BALLOT PAPERS SO THAT THEY WILL NOT PRINT DOUBLE BALLOT PAPERS. NDC WILL PAY HEAVILY TO POLLING AGENTS TO INFLUENCE THEM SO NPP SHOULD POLICE THE POLLING STATIONS VERY CAREFULLY TO PREVENT NDC FROM RIGGING
Doc don't mind them.The money is there but they want to share.God dey
Jonathan Lagos you call Dr.Bawumia impotent. ***barred word*** papa.following this fooooolish party.***barred word*** guy gyimigyimi like you.Your ***barred word*** is rather stuuuuuupid
Danduruwa shege. The remaining list is your ***barred word***. Mutum BANZA barawo JM. Stealing from poor northerners in the name of sada. NDC danduruwa
BARAWO MAHAMA HAS NO GBEWA TO CALL HIS VIOLENT MINISTERS AND FOOLSOLDIERS TO ORDER BECOS THAT IS PART OF THE PLAN TO RIG THE ELECTIONS. WITH HELP FROM BRIBED CHARLOTTE OSEI NDC PLANS TO SNATCH BALLOT BOXES, FILL THEM WITH THEIR ALREADY-THUMBPRINTED BALLOTS, BEAT UP AND ATTACK THEIR POLITICAL OPPONENTS SO THAT PEOPLE WILL BE SCARED TO GO OUT AND VOTE. BUT THEY LIE BAD! INSHA ALLAHU GHANA PEOPLE WILL FACE NDC BOOT FOR BOOT AND KICK OUT BARAWO MAHAMA AND HIS GANG OF KILAS OUT.
IMPOTENCE AND LIES IS DESTROYING YOUR CREDIBILITY. WHERE IS THE REMAINING 90% OF THE VOLTA AND TOGO REGISTER??? WHERE IS ASHAIMAN MOTORWAY,,, AND WHO BUNKS YOUR SECOND HAND FULANI WIFE???
Dr.Prophet Alhaji Bawumia has no size. Brain power. Teach those coconut heads. They know NOTHING. Very intelligent man. Allah bless you.