Vice President Dr Mahamudu Bawumia has criticised the 24-hour economy policy proposed by National Democratic Congress (NDC) flagbearer John Dramani Mahama.
Dr Bawumia, who is also the New Patriotic Party’s flagbearer for the 2024 general elections, asserted that Mr Mahama lacks an understanding of the policy he is promising to Ghanaians.
During his tour of the north on Monday, November 20, Dr Bawumia dismissed the idea, stating that a 24-hour economy cannot be legislated by the government.
He highlighted that various sectors of the economy, such as healthcare, security services, and digital transactions, already operate 24 hours due to the digitalisation agenda he has championed since 2017.
Dr Bawumia expressed his skepticism about Mahama’s proposal, emphasising that a 24-hour economy is already a reality for many businesses based on market demand and opportunities.
“I hear John Mahama has a new idea and he wants to run a 24-hour economy. I say where did he get this idea from? It is not a bright idea! A 24-hour economy cannot be legislated by the government,” Dr Bawumia said.
“Today, there are many businesses that are already working for 24 hours. Hospitals are open for 24 hours. You can buy electricity for 24 hours. Because of digitalisation, you can transfer money for 24 hours. There are many chop bars and restaurants that are open for 24 hours.”
John Dramani Mahama, the leader of the NDC, had pledged to establish a 24-hour economy as a key pillar of his campaign for the 2024 presidential election.
Mr Mahama argued that such a policy would contribute to economic growth and job creation, especially for the youth.
In a statement commemorating the 2023 International Youth Day, Mr Mahama outlined his administration’s commitment to nurturing a skilled and entrepreneurial youth.
He stated, “A new NDC administration will work urgently to equip our youth with the entrepreneurial knowledge and skills needed for a sustainable future. We will introduce a 24-hour economy with incentives and tax breaks for manufacturers who will run extra shifts to create more room for employment.”
In response, Dr Bawumia rebuffed the idea, asserting that it is not what Ghanaians need at the moment.