Hon. Michael Okyere Baafi, the former Deputy Minister of Trade and Industry, has denied recent National Democratic Congress (NDC) assertions that cement prices have fallen to GHS 82.
Mr. Baafi said that the price of cement has not changed and that the government has not contacted manufacturers to lower or influence prices in a forcefully worded statement that was circulated on social media.
“Despite claims from the NDC that cement prices have dropped to 82 Ghana Cedis, the truth is — prices remain unchanged,” he stated.
“The government has not held any discussions with cement manufacturers to bring prices down. Ghana’s economy operates under a free market system, where prices are driven by market forces, not political gimmicks.”
Baafi went on to say that although manufacturers have the chance to convey cost savings to consumers due to the recent appreciation of the Ghana cedi, no such concerted attempt has been undertaken. Rather, he charged that the NDC was disseminating false information that did not accurately represent the state of the market.
“The NDC continues to spin stories that don’t align with the facts,” Baafi emphasized. “We urge producers to leverage the cedi’s strength for the good of Ghanaians. It’s time for transparent leadership that prioritizes the people — not empty propaganda.”
He concluded his message by calling for accountability and urging stakeholders to be truthful about economic conditions.
“Ghana deserves truth, stability, and affordable prices,” Baafi added. “Let’s demand accountability.”
Source:Mybrytfmonline.com/Joseph Asare
