History Acheampong sells food confiscated from hoarders to the general...

Acheampong sells food confiscated from hoarders to the general public.

-

- Advertisement -
Facebook
Twitter
Linkedin
Telegram

On 30 May 1975, at the Accra Community Centre, the Action Unit of the office of the Chairman of the National Redemption Council, Colonel Kutu Acheampong sold a quantity of hoarded items to members of the general public.

On 30 May 1975, at the Accra Community Centre, the Action Unit of the office of the Chairman of the National Redemption Council, Colonel Kutu Acheampong sold a quantity of hoarded items to members of the general public.

The Ghanaian Government has been stepped up its campaign against the hoarding and Smuggling of subsidized goods.

The hoarding of such goods as tinned milk, sugar, margarine, pilchards and detergents has meant they have become unavailable in some parts of the country … or only available at “black market” prices.

Head of State Colonel Kutu Acheampong offered informants fifty per cent of the total costs of hoarded or smuggled goods recovered by the authorities.

As soon as the Government announced a cut in the price of cube sugar and other goods recently, they vanished from the shops and markets only to be sold at double the price announced by the Prices and Incomes Board. It was also soon on sale in neighboring countries.

Colonel Kutu Acheampong said “Unless we cling to the smuggler completely from our society, progress will forever elude us”.

“Every year we lose 21 million cedis (7.5 million sterling) in cocoon smuggling alone”, said the Ghanaian leader. He added that the Government could not be expected to subsidize goods forever at the expense of the tax-payer.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Nana Yaa Asantewaa dies in Seychelles (Today in History)

Today in History, On October 17, 1921, Nana Yaa Asantewaa, Queen mother of Ejisu and a great warrior of...

Brigadier Joseph Edward Michel, the Ghanaian named after a Military Base

Brigadier Joseph Edward Michel, he was a Ghanaian soldier. The Michel Camp of the Ghana Armed Forces located at Tema is named after him in...

General Joseph Arthur Ankrah ‘s Letter to the American President.

A Letter from the Military Ruler, Lt. General Joseph Arthur Ankrah to the American President, Lyndon Baines Johnson on March...

Osagyefo Dr Kwame Nkrumah elected as first prime minister of the Gold Coast

Today in History, on 21 March 1952, Osagyefo Dr Kwame Nkrumah became the first prime minister of the Gold...

BABA YARA; Greatest Ghanaian Footballer

Baba Yara was born on the 12th of October, 1936 in Kumasi, Ashanti...

1948 Riots which triggered Ghana’s independence

Today in History, on 28th February 1948, the Gold Coast was rocked by riots following the killing of three...

Must read

Ghana National Grand Mosque, second Largest in West Africa.

Ghana National Grand Mosque, it is the second largest...

Ghana confirms new cases of Coronavirus

The Ghana Health Service (GHS) has confirmed five (5)...
- Advertisement -

You might also likeRELATED

Recommended to you

Translate »