By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    TTU Workshop ignites national dialogue on small nuclear reactors as Ghana seeks energy stability
    January 9, 2026
    Dr. Apaak meets stakeholders to resolve UG fee hike dispute
    January 9, 2026
    New Juaben South MCE commends contractors for completing school and water projects in 3 months
    January 9, 2026
    Majority rejects minority claims of rising fear and crime under Mahama administration
    January 9, 2026
    Removal of Torkornoo has created some chaos in Ghana’s judiciary – Governance Expert
    January 9, 2026
  • Business
    BusinessShow More
    Fiscal discipline key to Ghana’s exit from IMF – Economist
    January 9, 2026
    From afterthought to flagship: President Mahama praises Ghana Publishing’s remarkable turnaround
    January 8, 2026
    Koforidua traders, artisans commend Mahama on stabilising economy and strengthening agriculture
    January 8, 2026
    Raymond Acquah writes: The 20 reforms that Reset Ghana’s economy in 2025
    January 7, 2026
    VAT rate cut to 20% as GRA unveils sweeping tax reforms effective January 2026
    December 31, 2025
  • Politics
    PoliticsShow More
    Majority rejects minority claims of rising fear and crime under Mahama administration
    January 9, 2026
    Removal of Torkornoo has created some chaos in Ghana’s judiciary – Governance Expert
    January 9, 2026
    Mahama’s second term shows discipline and clear vision – Governance Expert
    January 9, 2026
    Mahama committed to sustaining projects, determined to leave enduring legacy – Prof. Agyeman-Duah
    January 9, 2026
    Mahama gov’t has restored economic confidence – Governance Expert
    January 9, 2026
  • Entertainment
    EntertainmentShow More
    Osempekani takes over Abusua FM’s flagship morning show
    January 9, 2026
    Thousands throng Music Is My Life Concert in Tema
    January 8, 2026
    EIB Network’s Lily Mohammed nominated in two top TV categories at 15th GoldBond RTP Awards
    January 8, 2026
    EIB Network earns multiple nominations at 15th GoldBond RTP Awards
    January 7, 2026
    15th GoldBond RTP Awards: Kasapa FM’s Kwame Bee nominated for Radio Late Afternoon Show Host of the Year
    January 7, 2026
  • Sports
    SportsShow More
    Manchester City completes signing of Antoine Semenyo in £64 million deal
    January 9, 2026
    Nigeria’s Super Eagles receive timely bonus boost ahead of Algeria AFCON quarter-final
    January 8, 2026
    Antoine Semenyo scores 95th-minute winner in farewell home game for Bournemouth
    January 8, 2026
    Ghana to host 24th African Senior Athletics Championships in 2026
    January 8, 2026
    Veteran Ghanaian Forward André Ayew joins NAC Breda on free transfer
    December 31, 2025
  • Technology
    TechnologyShow More
    From uncertainty to clarity: Ghana writes digital history with the passage of the Virtual Asset law
    December 23, 2025
    Social media is dead – Kobby Spiky Nkrumah explains shift in digital platforms
    December 23, 2025
    Ghana showcases digital transformation, calls for global collaboration at UN
    December 19, 2025
    Sam George addressing Parliament about radio station suspensions.
    Ghana commits to ethical AI use – Sam George tells UN General Assembly
    December 19, 2025
    The Fear of AI: Humanity Has Been Here Before
    December 15, 2025
  • International
    InternationalShow More
    Manchester City completes signing of Antoine Semenyo in £64 million deal
    January 9, 2026
    Nigeria’s Super Eagles receive timely bonus boost ahead of Algeria AFCON quarter-final
    January 8, 2026
    Antoine Semenyo scores 95th-minute winner in farewell home game for Bournemouth
    January 8, 2026
    Ghana condemns ongoing violence in Sudan
    Mahama gov’t will continue to pursue policies that protect Ghanaians – Ablakwa on US visa restrictions
    January 8, 2026
    Starrfm.com.gh
    USA: ICE detains Ken Ofori-Atta over immigration status
    January 8, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: GHc2.5b wasted on NABCO could have created 482,000 sustainable jobs, and generated billions of cedis for the nation – Awuah Darko
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
GeneralHeadlines

GHc2.5b wasted on NABCO could have created 482,000 sustainable jobs, and generated billions of cedis for the nation – Awuah Darko

Isaac Dzidzoamenu By Isaac Dzidzoamenu Published November 29, 2024
Share
SHARE

Kwame Awuah-Darko, a farmer and former Managing Director of the Bulk Oil Storage and Transportation Company Limited (BOST) asserted that the opposition National Democratic Congress (NDC) could generate 482,000 sustainable jobs in the agricultural sector if elected on December 7.

He criticized the current government’s expenditure of Ghc2.5 billion on the National Builders Corps (NABCO), which he labeled as an unstable initiative that only employed 100,000 youth, with 80% losing their jobs after the program’s closure last year.

“NABCO recruited 100,000 Ghanaians, paying them GHc700 monthly. However, the payments were often delayed. The program run for three years, it means approximately about GHc2.5 billion was used to support the 100,000 Ghanaian youths. Following the program’s closure, fewer than 20,000 beneficiaries secured sustainable jobs”.

In an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM, Awuah-Darko emphasized that the funds wasted on NABCO could have been better invested in domestic rice production, potentially developing 42,000 acres of rice farms.

He said “If the gov’t invested ₵2.5 billion spent on NABCO to eradicate rice import dependency, by now we would have been able to develop 42,000 acres of rice in Ghana”

He added that “every acre of rice can create 7 sustainable jobs. Meaning we would have 294,000 people currently having sustainable jobs”, Darko emphasized.

Awuah Darko pointed out that the amount spent on the unsustainable NABCO could have generated over GHc3 billion for the nation if invested in rice production for just three years.

“with the GHc2.5 billion allocated to NABCO, if it had been invested in rice production for three years, we would have earned GHc4 billion”, he noted.

Awuah-Darko explained that the next NDC government will reduce rice imports if it invests in the agricultural sector, utilizing the same amount spent on NABCO trainees. This investment would enable the production of 3,000 tonnes of rice.

He emphasized “A tonne of rice we currently import has a base cost of GHc8,000. If we had invested in 42,000 acres of rice production, we would have produced over 3,000 tonnes of rice.”

Awuah Darko strongly criticized the government, pointing out that all youth employment programs initiated have failed, as evident from labour statistics.

“The unemployment rate has surged significantly from 8% in 2016 to over 20% currently, indicating that NABCO and other youth employment programs have been unsuccessful”, Awuah opined.

He firmly rejected claims that the NDC and the ruling New Patriotic Party (NPP) are alike, stating, “The NDC invests in productive sectors of the economy, not consumption”.

Source: Ghana/Starrfm.com.gh/103.5FM/Kwadwo Owusu

You Might Also Like

TTU Workshop ignites national dialogue on small nuclear reactors as Ghana seeks energy stability

Dr. Apaak meets stakeholders to resolve UG fee hike dispute

Manchester City completes signing of Antoine Semenyo in £64 million deal

New Juaben South MCE commends contractors for completing school and water projects in 3 months

Majority rejects minority claims of rising fear and crime under Mahama administration

TAGGED:jobsKwame Awuah-DarkoNABCO
Share This Article
Facebook Twitter Email Print
Share
Previous Article You’ve collected over GHc1.2b in taxes, yet can’t renovate KATH – Awuah Darko slams gov’t
Next Article Jospong Group, Zoomlion walk for peace & win souls for Christ

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?