Today was a very heated conversation between Newday show host Jonny Hughes and the Deputy Communications director of the NPP, Richard Nyamah on TV3 this morning. The conversation was about the rate at which the Ghana cedi is depreciating as against the US dollar. Jonny Hughes found this affecting prices of items and fuel in the country right now, hence making the cost of living very high.
Richard Nyamah on the other hand found his party doing very well so far as the Cedi-Dollar depreciation is concerned. He said for that matter they have really tried even in the era of Covid-19. The NDC after their term in office took the rate from little over GHC1 to over GHC4. The NPP as of 2016 has only added over GHC1 to it, taking it to little over GHC6.
"With this, we will realise an increase of just 30% on the side of the NPP since 2016. That of the NDC is over 1000% and this should tell you how best we are doing. The Ghana Cedi is now one of the best performing currencies in the world as against the dollar, and I know everyone is aware of this. Jonny it will interest you to know that this is the slowest rate the cedi has ever depreciated."
Jonny Hughes questioned him whether he is sure the businessmen will agree with him on this grounds that the cedi is one of the best performing currencies in the world right now against the dollar. The NPP communicator replied and said he is a businessman too and he does exchanges currencies to purchase items so he knows what he is saying.
Ghanaians should rather be grateful for having them in power, because who knows where the incompetent NDC would have landed us. We know they have the king of incompetence with them, and so they should stop the noise and learn from the NPP.
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