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Oppong Nkrumah: MP says many 2026 budget proposals lack funding and clear data

Oppong Nkrumah
Kojo Oppong Nkrumah is a former Minister for Works and Housing and Ranking Member of Parliament’s Economy and Development Committee.
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By Prinscilla Bulu

The Member of Parliament for Ofoase-Ayirebi, Kojo Oppong Nkrumah, has raised strong concerns about the 2026 budget presented by the National Democratic Congress (NDC), arguing that many of the proposals are unrealistic and not backed by proper planning or funding.

Speaking on GTV’s Breakfast Show on Tuesday, December 2, 2025, Mr. Oppong Nkrumah said the NDC’s budget contains several promises that cannot be achieved because the party has not completed feasibility studies or secured the money required to execute them.

He explained that although the NDC promises major investments, the documents they have published show no clear funding source.

“If you look at the document they have published, the investment required to make it a reality, and the fact that they don’t even have the funding for it, I’m telling you it’s not going anywhere,” he said .

According to him, this is one of many economic promises that look attractive on the surface but will not yield meaningful results once examined closely.

Mr. Oppong Nkrumah also questioned the NDC’s promise to create over 800,000 jobs, noting that nearly 500,000 of those jobs are expected to come from the road sector as part of the “Big Push” initiative.

He said most of these jobs will be short-term, manual construction work and not the sustainable employment young people were promised.

He compared the plan to the previous NABCO initiative, which he acknowledged helped some people but did not solve Ghana’s long-term unemployment problem.

The MP accused the government of manipulating figures related to the Big Push project. He argued that the programme was launched on September 16, yet the budget claims that 10 billion cedis had already been spent on it by the end of the third quarter.

“How could you have paid 10 billion between September 16 and the end of the quarter?” he asked.

He suggested that payments made to old contractors were being wrongly presented as Big Push spending.

Mr. Oppong Nkrumah also criticised the government’s decision to remove several taxes earlier in the year, saying the move has weakened the country’s ability to raise enough revenue.

He explained that Ghana’s non-tax revenue measured as a percentage of GDP has dropped from 16.2% to around 11%, representing a loss of about 50 billion cedis.

He insisted that the issue is not about political rivalry but about real data and the need for responsible economic management.

Mr. Oppong Nkrumah said Parliament is still waiting for the government to present detailed programme documents.

According to him, these documents will allow lawmakers and the public to review the key performance indicators (KPIs) and assess whether the government’s promises can actually be met.

“If we stop the politicisation and pay attention to the data, we will see that we are doing ourselves a lot of harm,” he added.

Mr. Oppong Nkrumah concluded that the government is unable to meet its obligations because it cannot mobilise enough revenue to support the many promises made in the 2026 budget.

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