How did Ghana sink so low in the past 8 years? – Chief Justice quizzes

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Chief Justice Paul Baffoe-Bonnie

Chief Justice Paul Baffoe-Bonnie has questioned how Ghana sank so low in the past eight years under the former administration.

The Chief Justice expressed astonishment at the performance of some state institutions over the past eight years.

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According to Paul Baffoe-Bonnie, comparing the current progress of some state institutions with their performance over the past eight years, he wonders what went wrong in the last eight years.

The Chief Justice lauded the performance of the Minerals Income Investment Fund (MIIF) and other public institutions under the current Mahama administration.

Speaking during a visit to MIIF on Wednesday, September 2, 2026, he said he was impressed by what he had seen at the institution and other state entities.

Chief Justice Paul Baffoe-Bonnie stated, “I must congratulate you. I mean, you have done marvellously well. Sometimes, when we hear about the things that you have done and the things that some organisations are doing now, we wonder. Some of us keep wondering what we really have been doing in the past eight years”.

“We’ve just come back from SSNIT. We went to SSNIT this morning, and the kind of things that we heard and what we had heard even before we went there, if you compare that with the fact that, not too long ago, SSNIT was preparing to sell its prized assets like the Labadi Beach Hotel, you wonder how Ghana could have sunk so low,” he added.

In related news, President John Dramani Mahama has dissolved the boards of nine state institutions with immediate effect.

The decision was announced through a statement on Wednesday, September 2 by the Minister of State in charge of Government Communication, Felix Kwakye Ofosu.

According to the statement, the relevant sector ministers have been directed to take all necessary steps to give effect to the dissolution of the boards.

Parts of the statement read, “Relevant sector Ministers have been directed to take all necessary steps, in accordance with the applicable laws and governing instruments, to give effect to the dissolution of these Boards.

“The affected Boards will be reconstituted in due course,” the statement concludes.

Below are the affected SOEs:

  1. Prestea Sankofa Gold Limited
  2. Bulk Oil Storage and Transportation Company Limited (BOST)
  3. Volta Aluminium Company Limited (VALCO)
  4. Consolidated Bank Ghana Limited (CBG)
  5. Ghana Post Company Limited
  6. Road Maintenance Trust Fund
  7. TDC Ghana Limited
  8. Ghana National Petroleum Corporation (GNPC)
  9. National Sports Authority

Meanwhile, Bright Simons, the Vice President of IMANI Africa, has punched holes in the State Interests and Governance Authority’s (SIGA) claim that Ghana’s state-owned enterprises (SOEs) recorded a combined net profit of GH¢19.8 billion in 2025.

The Vice President of IMANI Africa has quizzed whether the headline figures accurately reflect the underlying performance of the enterprises.

Bright Simons argued that currency-related gains significantly influenced the 2025 results.

According to Bright Simons, SIGA’s report as currently presented does not paint an accurate picture of affairs at state-controlled businesses in Ghana.

He highlighted that it is replete with bizarre errors, misstatements, confusions, and flawed inferences. Especially when read against previous SIGA reports.

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