Founders’ Day: I am determined to industrialize the economy – President Akufo-Addo

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President Nana Addo Dankwa Akufo-Addo says he is determined to break Ghana’s economy away from the raw material producing and exporting system to a modern, value-adding, industrialized one.

In a statement commemorating the Founders’ Day, the President said Ghanaians must come together to free the country from the ‘neo-colonial structure’ of dependency to total economic independence in continuation of the strives made by the founders of the country.

“As President of the Republic, I am determined to make my leadership of Ghana the period that witnesses the laying of the foundation for the transformation of our economy from an exporter of raw materials and retailer of cheap imported goods to a modern, value-adding, industrialized one,” the President said in a statement.

The President added in the statement sighted by ABC News, “We must make concerted efforts to break away from the neo-colonial structure of the raw material producing and exporting economy, which has, largely, been our lot.”

He promised that his government will “continue to work assiduously to provide Ghanaians with a “decent education, a decent healthcare system, a decent job, a decent home, an adequate safety net for the vulnerable and marginalized and a decent retirement, and to live in an atmosphere of freedom, security, law and order.”


The Founders Day as celebrated by Ghanaians is a day reserved to celebrate the successive generations of Ghanaians who contributed to the liberation of the country from colonial rule and led Ghana to independence.

Previously, the Day was celebrated on September 21 which was on the birthday of Dr Kwame Nkrumah, Ghana’s first President.

But upon assumption of office, the Akufo-Addo led government amended the Public Holiday Act to move the Founders’ Day to August 4 from the September 21 explaining that the real fight for Ghana’s independence started on August 4, 1947 and all the members of the Big Six must be celebrated for their contributions on the day.

Meanwhile, September 21 is still set aside as a memorial day for Dr Kwame Nkrumah, Ghana’s first president, who was instrumental in the fight for the 6th March independence.

SourceABC News

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