Kennedy Agyapong slams ‘foolish’ gold for oil policy

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Hon. Kennedy Ohene Agyapong, the current member of Parliament for Assin North on the ticket of the NPP, has publicly attacked his own government over a controversial gold-for-oil deal that was rolled out a few weeks ago.

The deal, which was designed to allow Ghana to receive oil from other countries after giving them gold, has been met with widespread criticism, with many questioning its legitimacy and practicality.

Despite the backlash, the government went ahead with the deal, and several consignments of gold have already been sent to oil-producing countries, with oil having been received in return.

Kennedy Agyapong, who is vying to be elected as the Flagbearer of the New Patriotic Party (NPP) ahead of the 2024 General elections, has been speaking out against some of the policies of the current government, and the gold-for-oil deal is no exception.

Kennedy Agyapong slams 'foolish' gold for oil policy

In a recent interview, Kennedy expressed his bewilderment over the policy, calling it a “foolish” one. He went on to criticize the government for not speaking out against the deal, despite its apparent lack of logic.

“It baffles me why a party that says it has the men would keep quiet on this knowing very well that the deal doesn’t make sense,” Kennedy said.

“The party thinks because I want to be voted as President, so I wouldn’t speak out, but that is a lie since I will be speaking my mind more often when I see what is happening is bad.”

Kennedy’s comments have sparked a renewed debate over the gold-for-oil deal, with many questioning whether the policy is in Ghana’s best interests. S

ome have argued that the deal is a short-sighted attempt to secure much-needed oil reserves, while others have criticized it as an unnecessary and potentially dangerous gamble.

Kennedy Agyapong slams 'foolish' gold for oil policy


Despite the controversy surrounding the gold-for-oil deal, the government has remained steadfast in its support of the policy, with many officials insisting that it will ultimately benefit the country in the long run.

However, as the debate rages on, it remains to be seen whether Kennedy’s outspoken opposition to the policy will have any impact on the government’s decision to continue with the deal, or whether it will ultimately be abandoned in the face of mounting criticism.


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