Customers of collapsed banks to receive payments from Monday February 24


President Akufo-Addo has touted his achievements and justified why his mandate must be renewed for another four years.

In his last State of the Nation’s address in his first term as the 5th President of the 4th Republic, the President said despite the discomfort the cleansing of the banking sector caused the country especially depositors of the affected banks, the exercise was worthwhile.

He announced that the receivers of the affected banks are ready to begin payments to depositors from Monday, February 24.

He added that every person found culpable in the losses to depositors of the affected banks would be dealt with according to the laws governing banking in the country.

Regarding the evacuation of students in Wuhan, China, due to the outbreak of coronavirus, the President asked politicians to stop adding oil to already troubled waters and desist from causing fear and panic due to their utterances.

He said an evacuation plan is not ruled out but will only be considered when necessary.

On the issue of illegal mining known as galamsey, President Akufo-Addo acknowledged the challenges facing the fight against the menace.

He said government will not soften its stance to ensure that the country’s water bodies are protected for generations yet unborn.

He urged the Media Coalition Against Illegal Mining not to give up since government is behind them.

Corruption did not escape the president’s address. He said regardless of position or political affiliation, no one will be spared if found to have engaged in any act of corruption.

On tourism, the President said the country is building on the success of the Year of Return to put the country on a level of competitiveness as far as tourism is concerned. He stated that the initiative triggered enthusiasm around the world for Ghana as investors yearn to do business here.

To address the country’s poor sanitation situation, President Akufo-Addo said his government has in the last three years built more than 13,000 toilets in order to reduce the issue of open defecation.

As a manifesto promise, the President said despite the hostility which accompanied the introduction of the free Senior High School (SHS) policy, the programme has achieved the purpose for which it was implemented.

He said every Ghanaian child deserves secondary education, adding that TVET is part of the policy.

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