President Akufo-Addo has asked the citizenry to have faith in him to turn the country’s current economic crisis around.
According to him, he has kept faith in God and is optimistic that God will help him change things for the good of Ghanaians.
President Akufo-Addo made the remarks when he addressed congregants of the St. Mark Anglican Church during the inauguration of the Kyebi Archdeaconry on Sunday, October 23, 2022.
“Let’s keep our faith in God and let’s trust God to use me to turn the fortunes of the nation around. Don’t lose your faith in me. Keep believing me, know that this too shall pass,” he said.
The Diocesan Bishop of the Anglican Church, Rt. Rev. Felix Odei Annanxy, who acknowledged the global economic crisis, pleaded with the president to have “direct contact with God for vision to lead the country right and change the economy.”
Currently, the Ghana Cedi has been cited by a Bloomberg report as the worst-performing currency against the dollar worldwide.
The local currency also lost further grounds Friday morning to trade at ¢14.70 to the dollar, quotations from the forex bureaus indicate.
The free fall of the local currency is having adverse effects on importers who rely on the dollar to trade.
Already, Oil Marketing Companies (OMCs) have also increased the prices of petroleum products at the pumps.
Currently, some OMCs are selling a litre of petrol for ¢13.10 from the previous price of ¢11.10, representing about 16% increase.
On the other hand, the price of diesel per litre has shot up to about ¢15.99, from the previous price of ¢13.90 - this is about a 12% surge.
These, among others, have led to a cost of living crisis in the country, leading to some Ghanaians calling on the government to act quickly to right the situation.
Latest Stories
-
Tens of thousands without water in Mayotte as curfew brought in
10 minutes -
ORAL: We won’t witch-hunt, we’ll focus on transparency, not revenge – Ablakwa
32 minutes -
Attempted robbery: Accused claims he carried cutlass for protection
49 minutes -
Embattled Liberian speaker questioned by police over parliament fire
3 hours -
‘I won’t be a judge in my own court; ORAL is about protecting public purse’ – Ablakwa
3 hours -
Bawumia joins thousands in Kumasi for burial prayers for Ashanti Regional Imam
3 hours -
Blue Gold Bogoso Prestea Limited challenges government actions in court
4 hours -
Verdicts due for 51 men in Pelicot mass rape trial that shook France
4 hours -
Syria not a threat to world, rebel leader Ahmed al-Sharaa tells BBC
4 hours -
Patrick Atangana Fouda: ‘A hero of the fight against HIV leaves us’
4 hours -
Trinity Oil MD Gabriel Kumi elected Board Chairman of Chamber of Oil Marketing Companies
5 hours -
ORAL campaign key to NDC’s election victory – North America Dema Naa
5 hours -
US Supreme Court to hear TikTok challenge to potential ban
5 hours -
Amazon faces US strike threat ahead of Christmas
6 hours -
Jaguar Land Rover electric car whistleblower sacked
6 hours