By DIANA ADJEI
At the 77th Annual New Year School Conference in Accra, President John Dramani Mahama promised a 10,000-capacity hostel facility at the University of Ghana, Legon. The facility, he noted, will be a prefabricated building, revealing that the machines to assemble the prefabricated structures for the project are soon to arrive in Ghana from Singapore.
President Mahama indicated that after the hostel project in Legon, the Kwame Nkrumah University of Science and Technology (KNUST), the University for Development Studies (UDS), and other institutions will also receive investments in hostel facilities.
In his speech, he stated that the government will roll out a policy this year that requires value addition to minerals, petroleum, and agricultural products before exports.
President John Dramani Mahama said measurable successes have been achieved in his first year as president. He pointed to the stable currency and the recognition of Ghana’s currency as the best-performing in the world in 2025. Also, inflation fell from 23.8% at the end of 2024 to about 5% at the end of 2025; debt fell from above 66% of GDP at the end of 2024 to 45% at the end of 2025; and foreign reserves rose from 8.9 billion dollars at the end of 2024 to 13.8 billion dollars at the end of 2025.
President Mahama pledged to grow Ghana’s economy to a level where subsequent governments cannot reverse what is achieved. He situated the 24-hour economy policy within the realm of achievements that cannot be reversed. He stressed that the 24-hour economy policy is not a mere slogan, explaining that it is a transformative strategy to extend productivity, support logistics and agro-processing, and create jobs.
President John Mahama touted last year’s massive infrastructure investment, using more than 13 billion dollars in the Big Push project for 2025, while the 2026 allocation is over 30 billion dollars to implement the Big Push projects.
He also noted that he would inaugurate the task force which will begin the demarcation and design of the Green Digital City and move government offices and key institutions into the new city.
