Former President John Dramani Mahama has moved to dispel misconceptions surrounding his proposed 24-Hour Economy policy, framing it as a strategic national transformation plan rather than a political catchphrase.
Addressing stakeholders in Accra, Mahama described the initiative as a dual-purpose framework—a long-term economic “destination” and an actionable programme designed to overhaul Ghana’s productive sectors.
“The 24-hour economy is not a mere campaign slogan. It is a clear, strategic roadmap,” he said. “It is both a destination we are working toward and a programme of deep economic restructuring.”
He elaborated that, as a destination, the policy envisions a Ghana operating in full productivity cycles—day and night—through multiple work shifts. This, he said, would increase capital efficiency, ensure maximum infrastructure use, and push the country closer to full employment and inclusive growth.
To realise the vision, Mahama said the policy would require “deliberate reengineering” of Ghana’s economic systems. Key to this transformation would be shifting from raw material exports to high-value production in areas such as pharmaceuticals, agro-processing, garments, industrial inputs, and digital services.
He argued that the 24-hour economy demands long-term investment and systemic planning, noting that it resonated with many Ghanaians during the 2024 election because of its practical promise for job creation and economic modernisation.
Mahama’s clarification comes amid ongoing public debate. Supporters hail the policy as bold and innovative, while critics question Ghana’s readiness in terms of energy infrastructure, labour regulations, and logistical coordination.
Nonetheless, Mahama remains confident that with the right investment and vision, Ghana can break free from traditional productivity constraints and usher in a new era of economic dynamism.
