Mpohor MP explains, private sector boom in the new NPP era would create jobs

Mpohor MP Hon. Alex Kofi Agyekum has explained that private sector boom in the New Patriotic Party (NPP) administration would create jobs with particular emphasis on the Mpohor area in the Western Region of Ghana.

The Mpohor District was carved out of the Mpohor Wassa East District, with its capital at Mpohor, after Parliament passed a legislation creating additional districts across the country.

The district abounds in oil palm, timber, gold and some reported iron ore deposits. It has one parliamentary seat in Ghana’s parliament that was won for the second time by Hon. Agyekum.

He has granted interview to Melody News’ Joe Bright explaining business prospects of the Mpohor District under the in-coming NPP administration.

“I want to believe that pretty soon the district will be revived; people are going to see jobs being created once the business environment; the economic environment itself thrives”.

The Mpohor MP could not give any timelines; but he was sure that the NPP would create the enabling environment for the private sector to absolve more of the unemployed in the system. According to him, the “reduction, of the 17.5 % VAT, to 3 % flat rate, would just release a lot of funds for businesses to expand their output”.

“Mass production means you are going to employ a lot of more people because now you are getting your turnover, your profit margin is high, you can reinvest and expand your base and that means all other things being equal you are going to engage more hands” he said.

Furthermore “there is going to be a removal of the special petroleum tax of 17.5 % and that would further reduce the input cost of some of the products”.

“We know that once a government is voted into power…it would be erroneous for people to think that we going to bring an articulator track into the district that everybody should come on board we are going to give you job in Accra, that is not the case”, Hon. Agyekum cautioned.

He revealed that the new government is yet to draft its budget and carve a road map to revive the economy.

“Before parliament went on recess we passed a recurrent budget for three months, so for now what we are going to experience within the three months is a budget that was prepared by the previous government”.

“After the three months we would have gotten the final handing over notes, we would have seen the various ministries and the mess which have been created there, and then from there we would launch a recovery method to resuscitate the economy and see where we can go forward”.

The NPP MP said “I have a strong hope that we have the men and women to be able to deliver”

 

By: Joe Bright Nyarko/Apt News/Takoradi

Publish on Apt

Do you have any Social, informational, educational or entertaining stuff that should be featured on www.aptnewsghana.com?

Please submit your stories, pictures, and videos to us via WhatsApp: +233548388489 or click on the icon on your screen. Alternatively, email us: aptnewsghana@gmail.com

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • Catastrophic malnutrition crisis in northwest Nigeria must urgently be recognised September 27, 2022
    Download logoAs the malnutrition crisis in northwest Nigeria continues at catastrophic levels, Médecins Sans Frontières (MSF) is calling for the international and humanitarian community to respond to the emergency needs of people in the region, and for northwest Nigeria to be included in the UN’s humanitarian response plan, enabling a broader and more sustained response. […]
  • Africa Oil Week Silver Sponsor Herbert Smith Freehills (HSF) shares its expertise ahead of Africa Oil Week (AOW) 2022 (By Nina Bowyer and Barbara McNulty) September 27, 2022
    By Nina Bowyer, Partner, Herbert Smith Freehills and Barbara McNulty, Associate, Herbert Smith Freehills  Ahead of Africa Oil Week (AOW) (https://Africa-OilWeek.com) 2022, Nina Bowyer, Partner, Herbert Smith Freehills and Barbara McNulty, Associate, Herbert Smith Freehills (https://www.HerbertSmithFreehills.com) share their thoughts and expertise on Africa’s competitive edge as a clean hydrogen hub. Nina Bowyer will be moderating a panel at the Green Energy Africa […]
  • Minister Gwede Mantashe of African National Congress to Attend Africa Oil Week 2022 September 27, 2022
    Download logoAfrica Oil Week (www.Africa-OilWeek.com) is honoured to welcome the National Chairperson of the African National Congress, Mr. Samson Gwede Mantashe, to Africa Oil Week 2022. Mr. Mantashe, the South African Minister of Mineral and Energy Resources, is attending the leading Oil and Gas event in Cape Town, South Africa held by Hyve Group Plc. […]
  • Lessons from World Health Organization Gender-Based Violence (GBV) clinical handbook September 27, 2022
    Download logoGender-Based Violence (GBV) is a sensitive topic that requires professionals working with victims and survivors to be empathetic.  The World Health Organization (WHO)‘Clinical Handbook on the Health Care of Survivors Subjected to Intimate Partner Violence and/or Sexual Violence, Namibia’ has helped doctors, social workers and nurses like Mark Bezuidenhout, an enrolled nurse at Epako […]
  • Sustain Power Joins African Energy Week (AEW) 2022 as a Sponsor September 27, 2022
    South Africa-based designer and supplier of clean energy solutions for domestic & industrial markets, Sustain Power, has confirmed its sponsorship of this year’s edition of the African Energy Week (AEW) (https://AECWeek.com/) conference and exhibition – Africa’s premier event for the oil and gas sector which will take place from October 18 – 21 in Cape […]
  • NBA Launches Reimagined App: The All-In-One Destination for NBA Fans of Every Team September 27, 2022
    [youtube https://www.youtube.com/watch?v=tdYAkK9AS8c&w=854&h=480]New NBA (www.NBA.com) App to Provide Wall-to-Wall Content from Every Game with Personalized Experiences, Social-Style Vertical Video, Behind-the-Scenes Access to Players and Teams and More Powered by Microsoft; NBA App to Go Beyond NBA Game Coverage with New and Existing Original Shows, Live Basketball from Leagues Around the World and Partner and Influencer Content; […]
  • Mele Kyari of Federal Republic of Nigeria to Attend Africa Oil Week September 27, 2022
    Download logoAfrica Oil Week (AOW) (https://Africa-OilWeek.com) is proud to announce that Mele Kyari, Group Chief Executive Officer, Nigerian National Petroleum Company Ltd (NNPC) is attending Africa Oil Week. The Nigerian national will be participating in a panel discussion at AOW - held in heart of Cape Town. Organised by Hyve Group Plc., this unmissable event […]
  • PWK Waste Management and Recycling to Reveal Upcycled Oil Canister Products at Green Energy Africa Summit 2022 September 27, 2022
    Download logoThe Green Energy Africa Summit (GEAS) (https://GreenEnergyAfricaSummit.com/) will give start-up companies an opportunity to connect with industry leaders and government officials through its Energy Investment Village, which features a selection of the most compelling local clean-tech projects. The companies will have the chance to pitch to energy leaders holding potential investments worth more than […]
  • Brayfoil to Showcase its Wind Turbine Blades at Green Energy Africa Summit 2022 September 27, 2022
    Download logoThe Green Energy Africa Summit (GEAS) (GreenEnergyAfricaSummit.com) will give start-up companies an opportunity to connect with industry leaders and government officials through its Energy Investment Village, which features a selection of the most compelling local clean-tech projects. The companies will have the chance to pitch to energy leaders holding potential investments worth more than […]
  • Zimi Charge to Present its Mobile Charging Stations at Green Energy Africa Summit 2022 September 27, 2022
    Download logoThe Green Energy Africa Summit (GEAS) (https://GreenEnergyAfricaSummit.com) will give start-up companies an opportunity to connect with industry leaders and government officials through its Energy Investment Village, which features a selection of the most compelling local clean-tech projects. The companies will have the chance to pitch to energy leaders holding potential investments worth more than $100 billion. […]

Be the first to comment