Cedi gains: Bawumia should be sober – Edudzi Tameklo advises former NPP flagbearer

Acting Chief Executive Officer of the National Petroleum Authority (NPA), Godwin Edudzi Tameklo has criticised former flagbearer of the NPP, Dr. Mahamudu Bawumia for dismissing any credit to the NDC for the Cedi’s recent appreciation in value.

Mr. Tameklo noted that with the NPP’s huge defeat in the 2024 elections and their poor economic records of the Cedi’s depreciation and the high inflation figures, Dr. Bawumia should be a “sober” man and allow the NDC government revive the economy.

Speaking on TV3’s KeyPoints, May 24, 2025, Edudzi Tameklo explained that Dr. Bawumia is only trying to ‘rubbish’ the NDC’s credit for the cedi gains only to prove himself as a better man to lead the NPP in the next elections.

“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.

“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.

According to Tameklo, the former Vice President is only politicizing the Cedi’s stability to gain support from the NPP’s base following their significant defeat in the 2024 elections.

“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.

Speaking during an interaction with the Young Executive Forum (YEF) in London as part of his Thank You Tour of the UK, Dr. Bawumia insisted that the NDC government has not implemented a policy that could have contributed to the Cedi’s performance.

“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,” Dr. Bawumia stated. “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.

The post Cedi gains: Bawumia should be sober – Edudzi Tameklo advises former NPP flagbearer first appeared on 3News.

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