The Member of Parliament for North Tongu has said, the Vice President has practically thrown dust in the eyes of Ghanaians by insisting that the country does not need external resources.
Samuel Okudzeto Ablakwa was speaking on the back of the controversial $19 million China facility spearheaded by Vice President and Chinese counterparts.
Speaking on Accra-based Citi FM, he recalled that, Dr. Bawumia while in opposition stated that the country would not need to borrow or seek external aid to survive.
A departure from the comment to seek a Chinese facility he implied, means throwing dust into the eyes of Ghanaians.
"For a party that stated clearly that they were not going to borrow while in opposition and insisted that they do not need external resources,it is shocking to see Dr. Mahamudu Bawumia leading the charge for a Chinese facility,"he stated.
"Doing the Central University Lecture, the Vice President said, he has been the Deputy Governor of the Bank of Ghana and saw the money we had in the country which is enough carry out developmental projects,"he added.
Mr. Ablakwa said, the Minority is surprised that, the Vice President is asking Ghanaians to praise government for going to China to get the facility.
According to him, leveraging bauxite means it would be used as collateral which make it a loan arrangement-A development which comes at the time the country is talking about protecting the environment and mineral resources and what some Chinese are doing to the country's lands.
The $19 million he added, represents virtually half of Ghana's GDP and clearly the country cannot absorb the amount unless it is over a period of time.
He therefore asked government to cease all interactions and engagements with regards to the loan except after Parliament has been officially informed and a decision is reached.
Source: primenews
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Terry or who ever you are, You and your ndc lack Knowledge paaaa. We wouldn't stop asking to go back to classroom to read, for you really need massive education, sharp teeth babies
These people will never see power again in Ghana because of their st*pidity and fo*oolishness. There think they are better than every Ghanaian such idi*ts who don't read to undrrstand if we need somebody to explain to us it's never Okudzato what does he know? A student who want to look like a teacher will always fail,ndc too know is their failure. When did you Okudzato finished school to challenge Dr Bawumiah? When the man was working with the Bank of Ghana you Ablakwah was loitering around NPP HQs begging for food,if not ndc then where will such a thing be a deputy minister?Do you and Koku Anyidoho think Dr a Bawumiah is your equal? Why do you hate the man like that? Is it because he was educated abroad or because his father was a minister in Nkrumah's government a privilege you never got? Did he ask you to be born where you were born? Why so much hate for the Vice president from you low lifes? He is far far better than you all combined and he is a good asset to the country not you us*less entities,***barred word*** and nation wreckers. We shall never let you rest if you people will put the noble Dr Bawumiah in your hate pot,we shall forever come after you whenever you start your nons*nse. ***barred word*** kwa! If you don't know you copy from him but you don't hate him to try to destroy him you will be destroyed first because you are of no use to the country. You Ablakwah what did you do for the state in your 8 years as deputy minister? You benefited from the state by lo*ting to build filling stations instead of the state benefiting from you. But who has giving these people the mouth to talk like that? Nana we are losing our patience,we want to see them prosecuted sooner than later. How can such evil people who hate the nation have mouth to talk and talk loudly like that? Nana are they taking you for a weak president because they are roaming about on our streets with their shoulders high and spewing nons*nse to us. They are disturbing the minds of Ghanaians,we are the majority and we voted massively to send them away because we didn't want to have nothing to do with them so why are they talking and disturbing Ghanaians.
NDC WILL CONTINUE TO LANGUISH IN OPPOSITION FOR MANY DECADES TO COME BECAUSE THEY CONTINUE TO EXHIBIT THEIR AMATEURISH BEHAVIOR AND MENTAL CAPACITY. WONDER IF NDC FORMER MINISTERS HAD ANY FORMAL TRAINING IN UNIVERSITIES AND THE OTHER SCHOOLS THEY CLAIM TO HAVE ATTENDED. THEY'RE BOYS AND NOT MEN. HOW MANY TIMES MUST ONE EXPLAIN THAT THIS $15BN IS NOT A LOAN FACILITY BUT MADE OF ELEMENTS OF FINANCIAL AGREEMENTS. WELL TO EDUCATE OKUDJETO ABLAKWA, $15BN OF THE WHOLE FACILITY IS TO GO INTO THE EXTRACTION OF BAUXITE AND PROCESSING INTO ALUMINA HERE IN GHANA IN COMMERCIAL QUANTITY. THIS INCLUDES BUILDING OF THE ALUMINA FACTORY TO REFINE THE BAUXITE INTO ALUMINA OR ALUMINIUM FOR EXPORT. CHINA IN THIS AGREEMENT WILL FUND THE PROJECT WHICH IS 5% OF THE TOTAL BAUXITE RESERVE IN GHANA, GHANA WILL MAKE AVAILABLE THIS 5% AND PROCEEDS SHARED BETWEEN CHINA AND GHANA. FURTHER, $2BN OF THE WHOLE $19BN IS GRANT FROM THE CHINA GOVT TO ASSIST THE NANA ADDO GOVT. THE REMAINING $2BN IF A FACILITY FOR THE PRIVATE SECTOR WHO HAVE EXPRESSED INTEREST TO GO INTO THE ONE-DISTRICT-ONE-FACTORY POLICY. BY THIS THE GOVT IN HER WISDOM HAS USED GOVT OF GHANA IS A COLLATERAL TO SECURE THE FUNDS FOR THE PRIVATE SECTOR WHO WILL PAY BACK WITH A VERY SMALL INTEREST RATE WAY BELOW THE COUNTRY'S BANKS INTEREST RATES. SO WHERE IS THE LOAN OKUDJETO AND THE NDC BLOCKHEADSSSSSS ARE TALKING ABOUT??? THEY ARE JUST THROWING DUST INTO THE ORDINARY GHANAIAN'S EYE BECAUSE THEY STILL BELIEVE GHANAIANS ARE NOT DISCERNED. THEY HAVE NO RESPECT FOR GHANAIANS AND WANT THE COUNTRY TO FAIL FOR THEM TO CHANCE ON AMASSING WEALTH FOR THEMSELVES AND FAMILY.
Sometime I am wonder why those people use to call this guy MP, please read.Vice President did threw dust in the eyes of Ghanaian, he just tell us the truth we have a lot of money in this country but NDC did not know how to manage it, what you guys left is death nothing else. OOOOH NDC nononono
..Where there is no KNOWLEDGE my people perish. When Bawumia mentioned there was more money in the country...didn't mean physical money but assets that could and can be converted into CASH!! We can say: Gold is money, land is money, water is money, human resource is even money, charcoal is money.....the NDC only think about Cash in a Bank Account when Bawumia said there's money in the country. NDC have NO VISION...Anytime they say: Bill Gates is worth $80 Billion does not mean he has that money sitted in some account somewhere but it is in different ASSET CLASSES....You people don't read, just talk talk talk talk. Twwweeeaa
Because of Dr Alhaji's comments you evil party gave contracts, employed thousands of ***barred word*** soldiers, and stole the limited money left so that the NPP administration would be financially handicapped to pursue any programs. Ghana indeed is a wealthy country, past governments were able undertake projects without oil money, but with oil look at where Ghana is under the corrupt and STEALERS NDC. ABEN NO BEBOM VERY SOON.
MR COMPETENCE,SO YOU ARE NOW SEEING THE REALITY OF BEING IN GOV'T?. GHANAIANS WILL REMIND YOU ABOUT ALL THE ***barred word*** U WERE SPEWING IN OPPOSITION AND DOING THE OPPOSITE IN POWER. WE SHALL SEE THE LIES U PEOPLE WILL USE IN 2020.