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NANA KWAME BEDIAKO PLEDGES INDUSTRIAL TRANSFORMATION FOR ALL REGIONS IN MANIFESTO

During the virtual launch of his manifesto “The 12 Pillars of Economic Freedom,” tonight, Nana Kwame Bediako, an independent presidential candidate and New Force Movement leader, revealed a bold strategy to industrialize every region in Ghana.

During a livestream that attracted a large online audience, Bediako showcased a collection of artist sketches and models to demonstrate his all-encompassing plan for the nation’s economic prospects.

At the core of his plan is the conversion of the Western Region into the “Texas of Africa,” utilizing the region’s abundant natural resources to promote industrial development.

“We have to take the Western Region seriously because it has a lot of natural resources,” Mr. Bediako stated. “Western Region is going to become the Texas of Afnrica.”

He emphasized the necessity of shifting Ghana’s economic focus from imports to exports, arguing that this approach would strengthen the national economy and mitigate inflation.

“We need to export more, not import more,” Bediako noted, outlining his plans to build refineries and increase the production of petrochemicals locally. “All we have to do is build our refineries, and we will have competitive prices, and we will save the losses in the economy, the inflation in the economy, just because of industrialization.

Mr. Bediako pointed out that Ghana is currently producing 200,000 barrels of oil per day. He suggested that processing the oil in the country would lead to job creation and decrease reliance on overseas markets.

“We produce 200,000 barrels of oil per day in Ghana. We sell this and then, in fact, we let people extract it, go and refine it. They will go back to Europe and buy this same product premium and sell our fuel at 15 point, something cities per liter,” he explained..

 

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