Presidential Staffer Shamima Muslim and Dennis Miracles Aboagye, aide to former Vice President Dr Mahamudu Bawumia, have clashed in a heated exchange on Metro TV on May 5, 2026.
The heated exchange erupted during a discussion on the Bank of Ghana’s reported GH¢15.6 billion operating loss.
The discussion, which was initially focused on unpacking the financial implications of the Central Bank’s loss, turned tense after Shamima Muslim described both herself and Miracles Aboagye as not being experts on the issues.
Speaking on Metro TV’s Good Morning Ghana, Shamima Muslim stated, “The economy was cancerous and the intervention needed to be aggressive to deal with it. So let’s listen to the experts’ voices because Miracles Aboagye and I are not experts.
Shamima Muslim’s comment triggered a sharp rebuttal from Aboagye, who insisted he is well-versed in financial matters and capable of analysing the issue.
Dennis Aboagye replied, “Who told me I’m not an expert. Who told you that you and I are on the same level when it comes to the issues?’
Shamima Muslim stressed the discussion required technical clarity rather than simplified interpretations, “You are not an expert in managing the economy… This is someone positioning himself for Ghana. Have you managed an economy before?” she questioned.
Shamima Muslim quizzed, “Dennis, what have you managed? Tell Ghanaians what economy you have managed. Dennis Aboagye, have you managed an economy before? Your intellectuality is what brought Ghana to where it is. You have not worked at the Bank of Ghana to manage any portfolio before”.
However, Dennis Aboagye maintained, “Data is not about sentiment… You lost GH¢44 billion. That’s what it is. Nothing else”.
The clash follows the Bank of Ghana’s reported GH¢15.6 billion operating loss for the 2025 financial year.
Meanwhile, the Minority in Parliament has disputed the official Bank of Ghana’s (BoG) figures, which claimed they made a GH¢15.6 billion operating loss for the 2025 financial year.
According to the Minority, they acknowledge the BoG’s transparency in its public disclosure, but disputed the figures.
Kojo Oppong Nkrumah, the Member of Parliament (MP) for Ofoase-Ayirebi and Ranking Member of Parliament’s Economy and Development Committee, alleged that the central bank employed “artificial recognition” and “clever accounting” to move portions of the deficit into “other comprehensive income”.
He detailed that the move effectively downplayed the scale of the operating loss.
Kojo Oppong Nkrumah argued that the BoG’s “true operating loss” is closer to GH¢34.9 billion, adding that once gold sale proceeds are factored in, the total comprehensive loss nears GH¢44 billion.
Speaking at a press conference on Sunday, May 3, Kojo Oppong Nkrumah disputed official figures, saying, “The government and its spin doctors, led by the NDC party officials who did that press conference, are trying to convince the people of Ghana that their loss is GH¢15.6 billion.
“We regret to tell the people of Ghana that this is not true. The true operating loss of the Bank of Ghana for the year 2025 is GH¢34.9”, he remarked
He stated, “The government says the loss is GHC15.6 billion. The true operating loss of the Bank is actually GHC34.9 billion cedis.
In fact, if you add back the 9.6 billion cedis proceeds from the Gold sales, the recalculated loss is actually GHC44 billion.”
Also, Dr Mohammed Amin Adam, the former Finance Minister and Ranking Member on Parliament’s Finance Committee, has run to the International Monetary Fund (IMF) over the Bank of Ghana’s (BoG) audited 2025 financial statements.
The Former Finance Minister petitioned the International Monetary Fund (IMF) over the BoG’s 2025, flagging the fiscal risks.
According to Dr Amin Adam, in a detailed letter addressed to the IMF Ghana Mission Chief under the Extended Credit Facility (ECF) programme in Washington, D.C. to pay gains made by Ghana under the programme.
Watch the video below:
Things got heated when @shamimamuslim described @DennisMiracles and herself as 'non-experts' on the BoG loss saga #GoodMorningGhana #MetroTV pic.twitter.com/ycua9lLoL0
— Metro TV Ghana (@metrotvgh) May 5, 2026