Foreign Aid Akufo-Addo now believes in China than Ghana - Exton Cubic PRO

President Akufo-Addo recently reiterated his determination to modernise the economy without relying on donations and aid from developed countries, but the PRO of Exton Cubic thinks otherwise.

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play President Nana Akufo-Addo
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Spokesperson of Exton Cubic, Samuel Gyamfi has cast doubts over the president’s readiness to govern the country independent of foreign aid.

President Nana Akufo-Addo recently reiterated his determination to modernise the economy without relying on donations and aid from developed countries.

The president, during a meeting with visiting French president, Emmanuel Macron last Thursday, said: “We want to build a value-added, industrialised economy with a modernised agriculture, which is neither victim nor pawn of the world economic order.”

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According to Akufo-Addo, this “is the way to develop healthy relations between our two countries, and put Ghana at the high end of the value chain in the global marketplace, and create jobs for the teeming masses of Ghanaians, particularly the youth. Our vision is to build a free, prosperous, independent country, a Ghana Beyond Aid.”

But speaking on GHOne TV, Samuel Gyamfi said that the president’s decisions regarding the country’s natural resources prove otherwise.

“Akufo-Addo no longer believes in Ghana but believes in the Chinese because he is gradually mortgaging the natural resources of the country to Chinese and other foreigners. He now believes in the Chinese and his claim that Ghana would be independent of foreign aid is laughable”, he said.

play Sammy Gyamfi


“So you will be hearing a great deal about the Ghana that I am seeking with your support that is a Ghana beyond aid. A Ghana that will free itself from a mindset of dependence, of charity, of aid and handouts. The Ghana that is going to mobilise its own resources to develop and confront its own problems,” he stated.

“This is the man who says he wants to rule Ghana beyond aid but is the same person who is in a haste to give Ghana’s bauxite deposits to the Chinese for a pittance; it smacks of double standards and I do not see his resolve being achieved with such a mentality”, he indicated.

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The Exton Cubic spokesperson further debunked claims that the former President John Dramani Mahama gave 58% of the country’s bauxite to his brother, Ibrahim Mahama.

“The Nyinahin bauxite concessions are in three villages and were discovered several decades ago. A number of foreign companies have tried to exploit the bauxite to no avail and no one claimed they took 58% of the country’s bauxite. In 2005 Aluminum Company of America tried and nobody said anything about 58%. In 2008 was the turn of Aluminum Company of Canada 2008-ALCAN they could also not do it and again nobody mentioned anything about 58%. Finally a Russian Company VINETCO between 2010 and 2013 tried without success before Exton Cubic came in 2014.”

“We must learn to support our own because Exton Cubic is a wholly Ghanaian Company if the president is committed to ruling Ghana beyond aid. We have gold and oil in Ghana, find out how much is Ghana’s stake in each of them” he said.

We are determined to move Ghana beyond aid - Bawumia

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