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TEIN Reveals Finance Minister’s Comment That Gov’t Payroll Is Full Shows That Akufo-Addo Failed In Job Creation

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TEIN Reveals Finance Minister’s Comment That Gov’t Payroll Is Full Shows That Akufo-Addo Failed In Job Creation

From the Tertiary Education Institution Network (TEIN) the statement declared by the Finance Minister Ken Ofori Atta shows that president Nana Akufo Addo has failed in the area of Job creation.

Finance Minister Ken Ofori Atta disclosed a few days ago that the government payroll is full so the graduate students of the University of Professional studies should move into entrepreneurship.

According to Ken Ofori Atta, 60 percent of Ghana’s revenue is spent on salaries and remuneration for workers on the government’s payroll.

He added that the government is now focusing on how to help the youths of this country to create their own jobs which he disclosed on Friday, October 15, to the fresh graduates of the University of Professional Studies (UPSA).

He said that,

“So, the future for you with regards to jobs is the most important thing at this stage. We have gone through a period where most people look for jobs from the government etc.

“That payroll is full because we are spending some 60 percent of our revenue on remunerating some 650,000  people and that is not sustainable.

“The question then really is has UPSA trained you to be entrepreneurs, and your question will be where the financing is coming from. But you do, in you, have the skills set to be able to do what you have to do.

“Our responsibility as a government is to create the environment and the macro stability, currency stability and ensure that you have access to the relevant skills and financing.

“This budget that we are going to be doing is going to really focus on the youth and we will have a programme here, looking at the youth and demands and how we can structure, in the next two or three years, the Ghana Obaatanpa Programme to ensure that you become your own bosses and you become entrepreneurs.

A statement has been released by the Deputy National Coordinate In the person of Ekow Djan disclosed that,

“Ghana’s Finance Minister Mr Ken Ofori-Atta indicated to the graduating class of the University of Professional Studies and Ghanaian youth in general that the government’s payroll is full— making it unsustainable for the government to keep adding to employment figures in the public sector.

“First of all, the comment from the Finance Minister is demoralizing to the teeming Ghanaian youth who are going through the education system in order to graduate and have the opportunity to serve their motherland in the public sector. It leaves students hopeless after years of burning the midnight oil.

|Secondly, the comment exposes President Akufo-Addo’s abysmal performance in the area of employment. It clearly indicates that the government has not been able to absorb the hundred thousand (100,000) graduates who come out of the university every year. These graduates, as a result of the government’s inability to employ them, are dumped into the unemployment bin for them to struggle for their survival.

“Over the years, the NPP’s Akufo-Addo administration has touted itself as being able to employ over two million Ghanaians into the public sector only to be exposed by the figures that the total number of persons on the government payroll is six hundred and fifty thousand (650000).

“Indeed the 2million jobs the NPP  claim to have created are non-existent; which is usual of their fabrications, lies and deceptions.

“It is pathetic to note that with a population of 30.8 million citizens, only 650000 have their names on the government payroll. Assuming without admitting that about 4 million Ghanaians are into private businesses, a sizable number of about 28 million are unemployed and/or dependent. This is a worrying situation that needs the attention of every Ghanaian to speak truth to power that the government of President Akufo-Addo has failed.

“None should lie to that President Akufo-Addo has created an enabling environment for private businesses to strive. In fact, the NPP as a party that believes in capitalism has succeeded in collapsing businesses more than it has created— from the collapsing of 7 banks, 347 microfinance institutions etc. to the introduction of nuisance taxes such as Borla tax, COVID tax, increase in VAT, NHIL, GETFUND Levy etc.

“Nana Addo Dankwa Akofo Addo has done little in the employment of graduates into the public sector. He has been unable to create PERMANENT jobs for Ghanaian youth. More hurtfully, he has succeeded in making the Ghanaian economy hostile for business development. It is very difficult to create a sustainable business in Ghana under Akufo-Addo.

“Recently, our counterparts in TESCON submitted a petition to the Chief of Staff, Hon. Frema Opare to intervene for government to give them job opportunities. The call was in order. Unemployment is a serious issue that should be addressed holistically devoid of partisanship; it is a security threat.

“As a people, we must be bold to call out President Akufo-Addo to offer job opportunities for the Ghanaian youth. We should hold his pledge of providing jobs to account. We must never forget the NPP’s theme for their 2016 manifesto ‘Change: An Agenda for Jobs.’ Where are the jobs, Mr President?”

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