{"id":462723,"date":"2026-02-06T18:03:08","date_gmt":"2026-02-06T18:03:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/462723\/"},"modified":"2026-02-06T18:03:08","modified_gmt":"2026-02-06T18:03:08","slug":"dr-amoah-punches-holes-in-ndcs-24-hour-economy-framework","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/462723\/","title":{"rendered":"Dr Amoah punches holes in NDC\u2019s 24-hour economy framework"},"content":{"rendered":"

\"Dr <\/a>Dr Stephen Amoah is the deputy Ranking Member on Parliament\u2019s Finance Committee<\/p>\n

Deputy Ranking Member on Parliament<\/a>\u2019s Finance Committee, Dr Stephen Amoah, has raised strong reservations about the government\u2019s proposed bill to establish a 24-Hour Economy Secretariat, arguing that the policy lacks clarity and adequate preparation.<\/p>\n

Speaking on Joy FM\u2019s Top Story on Thursday, February 5, Dr Amoah said the Minority is not opposed to the concept of a 24-hour economy but is concerned about what he described as a weak policy framework and the creation of overlapping institutions.<\/p>\n

\u201cI think they want to have a new law or act or bill to deal with the 24-hour economy, but the policy framework itself has a lot of issues to deal with,\u201d he said.<\/p>\n

He questioned the rationale for establishing a new authority when existing government structures already perform related roles, describing the move as inefficient. <\/p>\n

\u201cThey want to have an authority. This is like buying a plane without an airport,\u201d he remarked.<\/p>\n

According to Dr Amoah, the government appears to be rushing the process without thoroughly assessing the sustainability and effectiveness of the proposed Secretariat. <\/p>\n

\u201cIt looks like they are just rushing with intentions, not appraising its abilities, sustainability, its effectiveness or efficiency, and whether we\u2019re going to really attain the very purpose for which we want to set this up,\u201d he stated.<\/p>\n

24-Hour Economy Authority Bill underway – Kwame Agbodza<\/a><\/p>\n

He noted that Ghana already operates elements of a 24-hour system in sectors such as health and security, stressing that the real economic impact should come from manufacturing and value-chain expansion. <\/p>\n

\u201cThe emphasis was basically on manufacturing\u2026 to make sure that we expand the value chain, not dealing with raw materials and importing everything,\u201d he added.<\/p>\n

Amoah further criticised the lack of data backing the proposal, claiming the government has failed to conduct adequate research. <\/p>\n

\u201cThey haven\u2019t done any research on that. They haven\u2019t collected any data. They haven\u2019t developed any value chain\u2026 they haven\u2019t done anything about it,\u201d he said.<\/p>\n

Drawing comparisons with Asia and Europe, he noted that large factories there operate multiple shifts and employ thousands of workers. <\/p>\n

\u201cOne factory can take about 1,000 to 5,000 workers, and they run three shifts. That\u2019s what they do,\u201d he observed.<\/p>\n

He also challenged claims of broad stakeholder engagement, calling on the government to publish concrete policy documents. <\/p>\n

\u201cI wish you could ask them for any policy document on that,\u201d he said.<\/p>\n

NA\/VPO<\/p>\n","protected":false},"excerpt":{"rendered":"Dr Stephen Amoah is the deputy Ranking Member on Parliament\u2019s Finance Committee Deputy Ranking Member on Parliament\u2019s Finance…\n","protected":false},"author":2,"featured_media":462724,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":{"0":"post-462723","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/462723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=462723"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/462723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/462724"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=462723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=462723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=462723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}