Dr. Mahamudu Bawumia, the Vice President of Ghana, has cast doubt on his political adversaries by suggesting that they were wrong to be skeptical about the success of the gold-for-oil policy.
According to the Vice President, those who expressed skepticism about the policy are now suffering the consequences of their doubts because the policy is successful.
There are some people who are extremely dissatisfied with the fact that it is working, but bleeding is permitted. They are able to maintain their impossible mindset throughout the entire process. “By the grace of God, things are possible for each and every one of us,” Dr. Bawumia stated.
This was said by Bawumia on Wednesday in Accra during the commissioning of the new head office of the Bulk Oil Storage and Transportation Company Limited (BOST).
The Vice President, who is confident that the gold-for-oil policy will be successful, has guaranteed that the country will receive a greater quantity of fuel as a result of the deal.
This is the third month that the policy has been in effect, so there is more information to come. Some people have stated that it will not work, and others have stated that Ghana does not have sufficient gold. How is it that you can say that?
We have been extracting gold from this vein for the past two centuries, but they keep taking it away, and it still does not work for us. Dr. Bawumia made the observation that this does not make any sense.
Bawumia gave his word that the government would fulfill its mandate to ensure that the pressure on the cedi would be lowered, and he gave his word that they would.
The Vice President made a commitment to the nation, stating that “with dedication and the right focus, we will deliver the mandate that Ghanaians have entrusted to our care.”
At the moment, a gallon of regular gasoline costs an average of 13.53 Ghana cedis, while a gallon of diesel costs an average of 13.69 Ghana cedis.
About 100,000 metric tons of fuel have been brought into the country so far under the “gold for oil policy that was announced by the government to help reduce the pressure on the cedi and bring in cheaper fuel.
The policy was announced to help reduce the pressure on the cedi and bring in cheaper fuel.