The Minority Caucus in Parliament has made it clear that it intends to carry out its planned protest against the Bank of Ghana’s (BoG) leadership, which is a significant development.
This protest comes in the wake of the BoG’s controversial financial performance in the 2022 fiscal year, which saw the institution record a staggering GH¢60.81 billion loss. Furthermore, the Minority Caucus is expressing concern over the allocation of over $250 million for the construction of a new BoG headquarters.
Scheduled for Tuesday, October 3, the protest will see members of the Caucus marching to the Central Bank’s headquarters in a call for the resignation of the Governor of the Bank of Ghana and his two deputies.
Mahama Ayariga, the Member of Parliament for Bawku Central, voiced the Caucus’s determination, stating that they have conducted extensive consultations and are fully prepared for the upcoming protest. He emphasized that they will persist in their protests until the Governor and his deputies step down from their positions.
Ayariga further disclosed, “We have been working on this and have been conducting community sensitization programs across the Greater Accra Region. We are ready for the planned protest on Tuesday. We have received strong support from the communities we visited, and they are gearing up to participate in the protest. Our resolve is unwavering, and we will continue to protest until the Governor and his deputies vacate their positions. Our ultimate goal is to ensure that new leadership is installed at the Central Bank to oversee the process of restoring the institution’s integrity.”
Additionally, Ayariga highlighted that the Minority Caucus has held discussions with the Regional Police Command to secure approval for the protest, and they have successfully agreed on the protest’s route and timing. The police have pledged their support and readiness to provide the necessary assistance to ensure the protest proceeds peacefully.
As tensions mount in the lead-up to the protest, all eyes are now on Tuesday, October 3, to see how this demonstration unfolds and whether it will lead to any changes in the leadership of the Bank of Ghana.
