President John Dramani Mahama will today, Wednesday, July 02, 2025, launch his administration’s flagship programme, the 24-Hour Economy.
The policy is expected to drive economic transformation, enhance productivity, and tackle unemployment through round-the-clock operations in key sectors.
It is designed to encourage continuous, shift-based work in industries such as manufacturing, agro-processing, healthcare, transportation, and retail.
The “game changer”, as the government describes it, is expected to create a lot of jobs to increase national output and unlock value across supply chains. The programme, which the government says will not be mandatory, will have companies who enroll in it to benefit from tax incentives, security and stable electricity.
The three pillars upon which the policy is anchored, as outlined by Augustus ‘Goosie’ Obuadum Tanoh, Presidential Advisor on the 24-Hour Economy, are: transforming production, improving supply chains and market systems, and strengthening human capital.
“These foundational anchors are supported by eight strategic sub-programmes,” he said.
Among the sub-programmes are:
- Grow24 – focused on agricultural modernisation
- Make24 – supporting industrial and manufacturing growth
- Connect24 – improving logistics and supply chain systems
- Aspire24 – promoting a national culture of productivity
According to government, the policy will integrate digital skills into the Technical and Vocational Education and Training (TVET) system to prepare the youth for job opportunities.
Alban Sumana Kingsford Bagbin, the Speaker of Parliament, responding to the presentation of the framework by Mr. Tanoh to Parliament, called for support for it, urging the government to back it with a legislation for sustainability.
He urged the 24-Hour Economy Secretariat to liaise with Parliament to draft a bill to back the policy to ensure future government’s don’t discontinue it.
24-hour economy: Gov’t to put up modern markets in all districts to support initiative
