According to him, successive governments from the National Democratic Congress (NDC) and New Patriotic Party (NPP) have succeeded in destroying some businesses because of the political affiliations of their owners.

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Professor Adei said this while addressing participants at the Ishmael Yamson and Associates Business Roundtable on the theme: “Making Ghana Entrepreneurial” at the Golden Tulip Hotel in Accra on Wednesday, 31 May.

He said: “In this our country, we have a situation whereby actually politicians and successive governments have deliberately sought to destroy Ghanaian industries because they are on the other side and then to create a comprador one during their term.

And since power has a shelf life of a maximum of eight years, now they know that it can be four years, then it means that we are going in circles.