DDEP NPP Gave the Most Expensive Haircut with Dr Bawumia As the Chief Barber Ofosu Ampofo

The former National Chairman of the largest opposition National Democratic Congress (NDC) has asserted that the NPP government under Dr. Mahamudu Bawumia as the head of the Economic Management Team has established the most expensive haircut in Ghana.

As part of government's effort to reducing the country's debt to GDP ratio, President Akufo-Addo and Vice president Dr Bawumia's government undertook a Domestic Debt Exchange Program (DDEP) to meet the IMF conditionalities. This led to a haircut of many Ghanaians savings and investments.

According to Samuel Ofosu Ampofo, Dr Bawumia is the 'Chief Barber' of this most expensive wicked haircut.

"Under the NPP government, they have established the most expensive barbering shop in Ghana, the most expensive barbering shop in Ghana has been established under the NPP government with Dr Bawumia as a Chief barber. And what they do is that, whether you like it or not, they force you and give you a haircut," he lamented.

"In fact, we all knew in economics that government is the lender of last resort; if you have money and you want to keep it safe, the only place you can send it, is sending it to the bank because any time you need it, the bank will not die, any time you need the money, you can always pick it. It is only under Dr Bawumia's administration as head of economic management team that people put their money at the bank or they put their money in investments and when the time comes for them to go and get their money, government say that, no, I won't give you your money, come and sit with me and I will negotiate and take some of the money and give you some. So that is what they call a haircut; whether you have hair or not," Mr Ampofo added.

He further reiterated it is the most expensive haircut because it will take away significant part of your money or investment.

Samuel Ofosu Ampofo was addressing a mini rally at Kpatinga in the Gushegu Constituency of the Northern Region as part of the vice presidential candidate of the NDC, Prof Jane Naana Opoku-Agyemang's campaign tour of the region.Patricia Sefa Fisher/Peace FM Newsroom