If this is a reset, then we are in trouble – Dennis Miracles Aboagye

Director of Communications for the Bawumia Campaign, Dennis Miracles Aboagye, has asserted that the cost of living for Ghanaians has worsened during the first year of the National Democratic Congress (NDC) administration, describing the economic situation as a reversal rather than the promised reset.

Speaking at the People’s Forum, organised to assess the government’s first year in office, Mr Aboagye said that despite improvements in headline indicators such as lower inflation and a stronger cedi, the day-to-day experiences of households paint a very different picture.

He maintained that living expenses continue to rise faster than incomes, leaving many families under mounting financial pressure. According to him, prices of essential goods and services have increased nationwide, exacerbating the strain on workers and low-income households.

“If this is a reset, then we are in trouble,” he said.

“What we are seeing from the People’s Forum is not a reset but a reverse, and the people are clearly upset.”

Mr Aboagye emphasised that there is a significant gap between the economic progress highlighted by government and the realities faced by ordinary Ghanaians. He noted that while inflation and the exchange rate may have improved on paper, these gains have yet to translate into meaningful relief for households.

“They are upset because inflation and the dollar are dropping, yet the cost of living keeps rising,” he said. “There is a disconnect between the policies the government is touting and the evidence we experience.”

He pointed to rising utility tariffs and education-related costs as key examples of this disconnect, arguing that modest salary increases are being nullified by higher household expenses.

“If I am a teacher coming from Dodowa and you give me a nine per cent increase, but I am now spending more on electricity, water, school fees and hostel fees, then it becomes a problem,” he stated.

Mr Aboagye also questioned the practical significance of falling inflation figures in light of steep utility price hikes.

“When electricity tariffs go up by 28 per cent, it makes nonsense of inflation coming down from 23 per cent to 15 per cent,” he said, urging the government to pay closer attention to feedback from market women, drivers, and other ordinary citizens.

“The indicators may be true, but they are not reflecting in our lives,” he added…CONTINUE MORE READING>>>