The much-anticipated 24-Hour Economy Policy will not only be unveiled by President John Dramani Mahama on July 2, 2025, but will also undergo parliamentary scrutiny to ensure national consensus and inclusive implementation, according to Presidential Advisor and Head of the 24-Hour Economy Secretariat, Mr. Augustus Obuadum Tanoh.
At a media briefing held in Accra on June 30, Mr. Tanoh disclosed that the policy document would be presented before Parliament shortly after its launch for a comprehensive debate. He said this was necessary for Ghana’s democratic and developmental integrity.
“This is a national programme that requires national ownership. We need Parliament to debate and justify the creation of an Authority to implement it. So yes, it is inevitable,” Mr. Tanoh noted, echoing recent calls by Speaker of Parliament, Rt. Hon. Alban Bagbin, for the policy to be subjected to legislative review.
The 24-Hour Economy is expected to generate at least 1.7 million jobs over the next four years. It also aims to industrialise Ghana’s economy by stimulating productivity around the clock. A key highlight of the plan is the transformation of the current secretariat into a statutory Authority — a move that will require parliamentary approval.
According to Mr. Tanoh, the government plans to secure $4 billion in funding from international development partners over the four-year period to support the programme. An initial seed capital of $300 million will be disbursed to kickstart operations, supporting businesses and individuals ready to scale up production and services.
The comprehensive plan is anchored on three main pillars:
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Production Transformation,
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Supply Chain and Market Efficiency, and
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Human Capital Development.
These are supported by eight sub-programmes, including:
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Grow 24 (Agriculture),
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Make 24 (Manufacturing),
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Connect 24 (Logistics and infrastructure),
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Show Ghana (Tourism and cultural promotion),
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Go Ghana (Civic mobilisation),
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Aspire 24 (Public sector mindset reform), and
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Digital Technology (Digitisation and automation).
Mr. Abdul-Nasser Suglo Alidu, Head of Strategy and Programme at the Secretariat, gave further insight into the programme’s strategic intent. He revealed plans to establish a Volta Economic Corridor with agro-parks, lake transport systems, and industrial hubs to accelerate development in the eastern belt of the country.
Highlighting global inspiration from countries such as China, Denmark, Singapore, and Malaysia, Mr. Abdul-Nasser expressed confidence in Ghana’s capacity to become a West African benchmark for 24-hour productivity.
With parliamentary backing, the proposed 24-Hour Economy Authority is expected to coordinate nationwide implementation, monitor outcomes, and align private and public sector efforts to ensure sustainability and impact.
Mr. Tanoh concluded by calling on the media to play an active role in public education and demystifying the policy, reinforcing that the transformation of Ghana’s economy would only succeed through collective national effort.
