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You cannot use oil revenue to fund your policies, Minority tells NPP govt



The administration of President Nana Addo Dankwa Akufo-Addo may be up for serious opposition in its bid to carry out its flagship programmes, as the Minority in Parliament has said it would not allow it to use oil revenue for such.

It would be recalled that the government indicated in the 2017 Budget Statement that it intends spending part of the Annual Budget Funding Amount (ABFA) on its major flagship policies. These include free SHS as well as the National Health Insurance Scheme, NHIS.

Minority Leader in Parliament, Haruna Iddrisu, made this known while contributing to debates on the 2017 Budget.

According to him, Minority Members do not support and will never support the government in funding the free SHS with proceeds from the country’s oil find.

“Mr. Speaker, we will not accept the use of our oil money for consumption,” he noted.

Speaking further, Iddrisu insisted that the removal of duty on imported spare parts must be regulated.

“We on this side will demand that it is regulated because even new vehicles can be cannibalized to become spare parts and therefore it must be regulated. We put levies on imports to discourage it but you are rather encouraging imports and how can you help improve on balance of payment when you adopt this attitude?”, he queried

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