2 months ago
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The newly-elected flagbearer of the People’s National Party (PNP), Janet Asana Nabla, has stated her intention to eliminate the free market economy currently being operated in Ghana and establish price controls within the initial six months of her potential administration.
She articulated that the rising prices in the nation have created an urgent requirement for price regulation to reduce the expenses associated with goods and services.
• Our reporter (left) interviewing the PNP flagbearer, Ms Janet Nabla
Ms Nabla revealed this in an interview with the Ghanaian Times on Tuesday during which she outlined her vision for the transformation of the country.
She criticised the formation of associations by businessmen to increase prices and the lack of action by the Parliament.
“My aim includes introducing price controls on essential products such as food, rent, and transportation. The goal is to make these basics goods more affordable for all Ghanaians, ensuring that every citizen can meet their daily needs without financial strain,” she explained.
“We need a leader with compassion to make bold decisions to improve life for the ordinary Ghanaian and that leader is me,” she said.
Ms Nabla also proposed to support small-scale farmers and boosting agricultural production in Ghana by providing financial support through institutions like the National Investment Bank, specifically targeting small-scale and women farmers.
“The focus will be on supporting farming and fishing communities, enhancing the entire value chain, and lowering food prices, this investment is expected to strengthen the local food supply and create job opportunities,” she said.
Ms Nabla expressed her intention to allocate additional resources and governmental focus towards the agricultural sector, as opposed to prioritising industries and businesses.
“I plan to establish monitoring and evaluation systems to guarantee that the loans and support are utilised efficiently. This will involve deploying extension officers to visit farms, oversee the application of funds, and offer advice on technology and agricultural practices,” she stated.
Ms Nabla’s vision also includes a strong push for promoting locally made products by investing in the clothing and fashion sector, and encouraging Ghanaians to support and wear made-in-Ghana apparel.
This, she said, would help build a robust local value chain and foster national pride.
To support her economic policies, she proposed implementing a financial system that encourages digital payments and limits the use of foreign currencies in local transactions.
She said her government would streamline financial operations and bolster the cedi.
“With Janet Asana Nabla at the helm of affairs, the PNP is set on building a prosperous and independent Ghana. My plans reflect a commitment to improving affordability, supporting local businesses, and fostering economic growth across various sectors,” she said.
Ms Nabla said her vision would include boosting small businesses, especially those run by women, adding that the National Investment Bank would be tasked with offering loans to women entrepreneurs in sectors like hairdressing and dressmaking.
This initiative, she said, would help empower women and drive economic growth.
“My plan is also to support single mothers, by providing allowances to help with children’s education, health, and general wellbeing,” she said.
BY AGNES OPOKU SARPONG
