President John Dramani Mahama has reaffirmed his commitment to creating jobs and empowering the youth through his 24-hour economy policy.
He emphasized that this policy is not merely a slogan but a bold and transformative initiative aimed at reducing the unemployment rate in the country.
“Our 24-hour economy policy is not just a slogan; it is a bold and transformative initiative that we believe will open up employment opportunities across multiple sectors, particularly in business development, agriculture, agri-business, manufacturing, and digital technology”.
Speaking during his maiden President Mahama Fellowship with the Clergy at the Accra International Conference Center on Friday, February 29, 2025, he reiterated his commitment to making Ghana a hub for agricultural exports.
“A nation that cannot feed itself cannot prosper, and that is why we are making interventions, especially in the agricultural sector. Our goal is to make Ghana self-sufficient in food production and become a major exporter of agricultural products by modernizing farming techniques, investing in agro-processing, and supporting our farmers,” he said.
He further stated that government will lay a solid foundation for a prosperous future for the country.
The 24-hour Economy is a deliberate policy intervention by the Mahama government to encourage and support certain businesses and companies to operate 24/7, preferably in a three-shift system of 8 hours each, by creating an enabling environment that promotes productivity, competitiveness and well-paying jobs.
The 24-hour Economy will be mainly anchored on Mahama’s overarching vision to create sustainable jobs for Ghanaians. This will be achieved through his agenda to: modernize and mechanize agriculture; provide incentives
for the private sector to thrive; promote agroprocessing and manufacturing; transform Ghana into an import substitution and exported economy, among others.
The 24-hour economy policy will be a major boost for John Mahama’s import substitution and export drive. This will stabilize Ghana’s national currency, improve our reserves, bring down inflation and interest rates, create more
employment opportunities and improve livelihoods.