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“Even Hushpuppi won Forbes award”: Ghanaians react to Nana’s African of the Year Award

Ghana’s President, Nana Akufo-Addo was awarded by Forbes Magazine as the “African of the year.” Explaining the basis for such recognition, the organizers said “Ghana’s President has repositioned the country in the global marketplace as one reliant on its own resources and strengths.”

This has been closely refuted by Ghanaians. According to them, Forbes criteria for the award cannot be true because the Current President of Ghana has borrowed more than any President in the history of the country. Currently, his administration has multiplied the debt stock of the country, making the description of the current situation of the country as “one reliant on its own resources and strengths” refutable.

According to financial reports from local media, public debt was GHS120 billion before the President took over in 2016; however, he has increased it to GHS258.8 billion as at June 2020. Reports also have it that, debt to GDP ratio was at 55.6% prior to his Presidency and he increased it to 68.3% and counting. According to data from Ghanaian economists, “Out of Ghana’s Public debt of GHS291 billion as of December 2020, President Akufo-Addo’s tenure accounts for GHS171.22 billion representing 60%.”

Since the award, some Ghanaians who experience the realities in the country have their doubts in Forbes Magazine amplified. Digging deeper, some held the view that the Magazine cannot be trusted because of its historical indiscretion. Forbes has awarded the likes of internet Fraudsters Hushpuppi and Obinwanne Okeke popularly referred to as ‘Invictus Obi’ which later turned out to be total falsehood.

“A Magazine which can be so reckless to the extent of failing to duly ascertain the background of awardees before public announcements is not worth the attention. The basis for the president’s award shows that they have completely no idea what they are about,” one Mr. Ofori commented.

Despite the wide criticisms by Ghanaians, the President who expressed joy in the award has received congratulatory messages from some African leaders. President Ramaphosa for instance said, “we are proud of this recognition, Your Excellency, because it speaks of your commitment, it speaks of your creativity, your innovation, and your clear strategic vision of what should happen in your own country, as well as on our beloved African continent.”

Historically, African leaders have a preference for recognition from foreign Tabloids than working hard to be rated by local media which has firsthand experience and can better judge their performance. In this case, the credibility of the scheme has made it totally difficult to accept the award. Are you a Ghanaian? What do you think about the award?
Even Hushpuppi won Forbes award: Ghanaians react to Nana’s African of the Year Award

Ghana’s President, Nana Akufo-Addo was awarded by Forbes Magazine as the “African of the year.” Explaining the basis for such recognition, the organizers said “Ghana’s President has repositioned the country in the global marketplace as one reliant on its own resources and strengths.”

This has been closely refuted by Ghanaians. According to them, Forbes criteria for the award cannot be true because the Current President of Ghana has borrowed more than any President in the history of the country. Currently, his administration has multiplied the debt stock of the country, making the description of the current situation of the country as “one reliant on its own resources and strengths” refutable.

According to financial reports from local media, public debt was GHS120 billion before the President took over in 2016; however, he has increased it to GHS258.8 billion as at June 2020. Reports also have it that, debt to GDP ratio was at 55.6% prior to his Presidency and he increased it to 68.3% and counting. According to data from Ghanaian economists, “Out of Ghana’s Public debt of GHS291 billion as of December 2020, President Akufo-Addo’s tenure accounts for GHS171.22 billion representing 60%.”

Since the award, some Ghanaians who experience the realities in the country have their doubts in Forbes Magazine amplified. Digging deeper, some held the view that the Magazine cannot be trusted because of its historical indiscretion. Forbes has awarded the likes of internet Fraudsters Hushpuppi and Obinwanne Okeke popularly referred to as ‘Invictus Obi’ which later turned out to be total falsehood.

“A Magazine which can be so reckless to the extent of failing to duly ascertain the background of awardees before public announcements is not worth the attention. The basis for the president’s award shows that they have completely no idea what they are about,” one Mr. Ofori commented.

Despite the wide criticisms by Ghanaians, the President who expressed joy in the award has received congratulatory messages from some African leaders. President Ramaphosa for instance said, “we are proud of this recognition, Your Excellency, because it speaks of your commitment, it speaks of your creativity, your innovation, and your clear strategic vision of what should happen in your own country, as well as on our beloved African continent.”

Historically, African leaders have a preference for recognition from foreign Tabloids than working hard to be rated by local media which has firsthand experience and can better judge their performance. In this case, the credibility of the scheme has made it totally difficult to accept the award. Are you a Ghanaian? What do you think about the award?

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