Godwin Edudzi Tameklo, the acting Chief Executive Officer of the National Petroleum Authority (NPA) has told the former vice president and NPP flagbearer Dr Mahamudu Bawumia to keep quiet and allow the finance minister and Bank of Ghana Governor work on the economy.
According to him, the NPP’s huge defeat in the 2024 elections was partly due to their government’s poor handling of the cedi depreciation.
He emphasised that the former vice president should be a sober man and allow the NDC government to revive the economy.
Speaking on TV3’s KeyPoints, on May 24, 2025, Edudzi Tameklo stated, “When he says he doesn’t know what has been done, it is this level of dishonesty that earned him 41% in the 2024 election.
When you have that kind of scorecard, what you do is to be sober and not to immediately put on a different cloth and begin to pontificate exoteric economic theories immediately”.
He added, “You are known to be an economist; your boss Nana Akufo-Addo told us he is bringing you to come and give strength to the Cedi. What happened? You left at the point where the cedi rose to GHC17, inflation at a point went to 57%, this is your scorecard,” he stated.
“Bawumia finds himself in a very tight corner. He needs to find a way to energise the base of the NPP and to also position himself that of all the men in the NPP, like they say of the worse, he is better than them because if not he should permanently keep quiet and allow Ato Forson, the Governor of the Bank of Ghana to work the economy,” he added.
His comment comes after Dr Mahamudu Bawumia claimed that the National Democratic Congress (NDC) cannot point out one policy behind the appreciation of the cedi.
According to Dr Bawumia, the Mahama-led NDC government has not implemented a policy that could have contributed to the currency’s performance.
Speaking during an interaction with the Young Executive Forum (YEF) in London, Dr Bawumia detailed, “If you are to ask the NDC to point out exactly what policy they have implemented that has resulted in the appreciation of the cedi.
They cannot tell you one that has been implemented, not sort of talked about but actually implemented. They cannot tell you one such policy. They only passed their budget in March. They’ve not even issued any contracts and paid for anything, pretty much.
So you cannot ascribe what is happening to the currency to a policy that they have implemented. There’s no such policy that has been implemented that has had that impact yet,” he said.
