The cedi has been on a free fall against the dollar in the last few days. Currently valued on the average of GH₵ 14 to a dollar, the Ghana cedi is reported to be the weakest currency in the world.
This is contrary to promises made by the then New Patriotic Party (NPP) Candidate, Akufo-Addo.
Using open-source intelligence (OSINT) and advanced search tools, Fact-Check Ghana searched the comments and promises Nana Akufo-Addo made about stabilizing the cedi when in opposition on Twitter.
Between 2011 to 2016, then candidate Akufo-Addo made six (6) recoverable tweets about the cedi. His tweets mainly criticized the Atta Mills and John Mahama governments for what he considered the “poor management of the cedi”, while assuring Ghanaians that should he get the nod, his government would do better.
Below are the tweets.
NDC Bad Management Blamed For Economic Hardships, Fall In Cedi
– http://t.co/gLn6gYXE— Nana Akufo-Addo (@NAkufoAddo) June 27, 2012
The long-term solution for the stability of our cedi is industrialisation. ##IEAencounter #VoteNana2012
— Nana Akufo-Addo (@NAkufoAddo) August 21, 2012
The measures taken in response to the fallen cedi are counterproductive and we will reverse them. #IEAencounter #VoteNana2012
— Nana Akufo-Addo (@NAkufoAddo) August 21, 2012
@GhanaNPP will stabilize the currency exchange rate through prudent and disciplined macroeconomic management.
— Nana Akufo-Addo (@NAkufoAddo) August 8, 2016
We, in @NPP_GH, are coming to change Ghana and ensure that our monetary system is solid, so that we can have a stable currency. (1/2)
— Nana Akufo-Addo (@NAkufoAddo) October 6, 2016
I want to assure you that an Akufo-Addo led NPP government will stabilise the sinking cedi and bring back business confidence #VoteAkufoAddo
— Nana Akufo-Addo (@NAkufoAddo) December 6, 2016
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