The minority has criticised the majority caucus for holding the Bank of Ghana (BoG) Governor’s appearance before Parliament behind closed doors, preventing media coverage of his responses to key questions.
The development follows the questions, filed by the Ranking Member on the Economy & Development Committee, Kojo Oppong Nkrumah, which sought details on the source of foreign exchange used for market interventions, the framework guiding those interventions, and the total amount injected into the forex market since January 2025.
Kojo Oppong Nkrumah accused the Majority of deliberately concealing information that could credit Dr Mahamudu Bawumia for Ghana’s recent forex market stability.
Speaking to journalists at Parliament on July 15, 2026, Kojo Oppong Nkrumah stated, “The Bank of Ghana is here to admit that the ability to intervene in the market is as a result of the domestic gold purchase program, and that is the forex proceeds they are using for market intervention.
Why is it that the majority is preventing the governor from saying this to the entire country?” he said
Oppong Nkrumah argued that the media blackout was politically motivated.
“Is it because the governor is here to admit on record that it is as a result of the domestic gold purchase program that they are able to mobilise these forex resources? Is it because they are afraid that if that is said, it will become glaringly clear that the person responsible for this is Dr Mahamud Bawumia?”
Meanwhile, the Majority Leader in Parliament, Mahama Ayariga, has said the Ghana cedi will be affected if the media is allowed to cover the questioning of the Bank of Ghana (BoG) governor.
According to Mahama Ayariga, the media coverage of parliamentary questioning of Bank of Ghana Governor Dr Johnson Asiama risks destabilising the cedi due to the sensitivity of central bank comments on currency stability.
Speaking to journalists at the forecourt of Parliament on July 15, 2026, Mahama Ayariga stated, “Now let me say something. For today, there is no issue. Now, if you allow a practice where automatically anybody can drag the central bank governor to this house and, before the cameras, say whatever they want to say, and the governor says certain things — you know how sensitive any comment by a central bank governor is likely to be in relation to the stability of your currency.
So even though this house is trying to make the institutions accountable to the people, you have to do it in a very guarded manner, in a very guided manner. The idea behind making the governor answerable to parliament is so that when we need information we can get it, okay?”
He further added, “But it is not the objective of the rule that we should always subject the central bank governor to a media inquiry. That is the principle. But of course, when you are in a minority, you like the show of a media inquiry, so you will be fighting for a thing like that.
When you are in government, in all sincerity, you will be more cautious in terms of how you manage information about your central bank activities. And so that is basically the issue. I believe that it is better to be cautious than to throw your central bank governor out there and allow people to ask questions [and] say all sorts of things”.
Also, Mahama Ayariga accused the Minority of prioritising media attention over seeking answers from the Governor of the Bank of Ghana (BoG), following their walkout during proceedings on Wednesday, July 15.
He added, “If you read our Standing Orders, it says in Order 266 that meetings of committees shall be held in public except otherwise determined by the committee. So I asked them to convince the entire committee to sit in public. But if you don’t convince the committee to agree to sit in public, you cannot force a committee to sit in public”.
Mahama Ayariga argued that the Minority actions demonstrated that they were “more interested in the media optics” than obtaining answers from the central bank chief and also criticised the Minority for disregard for parliamentary procedures.
“If you want to do that, you have to approach us, you have to work with us, and we will all agree that this is how we are going to do it,” he stated.
Watch the video below:
The minority has criticised the majority caucus for holding the Bank of Ghana Governor's appearance before Parliament behind closed doors, preventing media coverage of his responses to key questions.
— #TV3GH (@tv3_ghana) July 15, 2026
The questions, filed by Ranking on the Economy & Development Committee, Kojo… pic.twitter.com/ivxDBWwteZ
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