The Member of Parliament for Tamale Central, Ibrahim Murtala Muhammed, has advised the new Finance Minister, Dr. Mohammed Amin Adam, to tread cautiously at the Finance ministry.
The MP alleged that the Ministry under the leadership of Ken Ofori-Atta has many things that one must be wary of, whose yields are yet to materialise, and Dr Adam’s approval to some of such mechanisms, will put him in trouble.
Mr. Murtala says Ken Ofori-Atta is still going to be in control at the Finance ministry, pending the yet to be announced role for him as senior advisor to the government on economic affairs.
According to him, “if it is true, what it means is that Ken Ofori-Atta is still going to be calling the shot at the Finance ministry.”
He has therefore counseled the Minister not to allow himself to be used at the ministry for the previous administration to achieve its goals.
“My advice to my senior brother, he should be very careful. The holes that have been dug at the Ministry of Finance. Some of those holes, the benefits that they intended to achieve are about being realised, he goes there and he gives approval to such, it will be hanging on his neck and I know he is a very intelligent guy, he should be very careful because we have seen some before,” he admonished.
Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam Anta, prior to his appointment as substantive Minister of Finance, was Minister of State at the Finance Ministry.
He takes over from Ken Ofori-Atta who was relieved of his duties by President Addo Dankwa Akufo-Addo in a major government reshuffle on Wednesday, February 14, 2024.
In February 2023, Dr. Amin Adam was announced Minister of State at the Finance Ministry as a replacement of Charles Adu Boahen who was removed following a corruption expose by investigative journalist Anas Aremeyaw Anas.
Amin Adam’s Profile
Dr. Mohammed Amin Adam is an Economist, Energy and Petroleum Policy Expert, and Resource Governance Advocate.
He holds a PhD in Energy and Petroleum Economics (2014) from the University of Dundee, Center for Energy, Petroleum and Mineral Law and Policy (CEPMLP), United Kingdom.
He obtained a Master of Philosophy Degree in Economics (2002), and Bachelor of Arts (Honours) Degree in Economics (1998) both from the University of Cape Coast.
He has also studied various topics and received certificates from the Columbia University, Columbia Center for Sustainable Investment, in New York (Extractive Industries and Sustainable Development), EcoMod Modeling School, Washington D.C. (Computable General Equilibrium Modeling with GAMS), University of Texas at Austin, Centre for Energy Economics, Bureau of Economic Geology, Jackson School of Geosciences, USA (New Era Oil, Gas and Power Value Creation), Harvard University (Executive Leadership), and the International Academy of Leadership, Gummersbach, Germany (Human and Civil Rights).
Dr. Adam has gained significant experience in political management and administration spanning over 25 years and held various responsibilities including as Mayor of Tamale, Deputy Northern Regional Minister, Deputy Energy Minister, and Minister of State at the Ministry of Finance.
He is currently the Member of Parliament for Karaga in the Northern Region; and served on the Finance Committee, Defence and Interior Committee and Roads and Transport Committee of Parliament.
He has been playing key roles in the Government of President Nana Akufo-Addo. At the Ministry of Finance, he is Chairman of the Budget Implementation Committee, Chairman of the Arrears Clearance Committee, Co-Chairman of the Economic Policy Coordination Committee; and Member of the Financial Stability Council.
Whilst serving as Deputy Minister for Energy, he was Chairman of the National Energy Transition Committee produced Ghana’s Energy Transition Framework; and was Chairman of Gold for Oil Committee.
In private life. Dr. Adam was the Founder and Executive Director of the Africa Centre for Energy Policy (ACEP). Before then, he was the Africa Coordinator of the Africa Against Poverty Programme, IBIS Ghana; National Oil Coordinator at ISODEC, and provided various Consulting services to many organizations including the World Bank, International Labour Organization (ILO), Africa Centre for Economic Transformation (ACET), OXFAM, NRGI, PIAC and Ghana EITI among others.
He had Short Term Appointments with the World Bank on the Efficiency (Cost-Benefit Analysis) of projects funded with petroleum revenues in Ghana (October 2013 to July 2014), and on energizing Ghana’s economic growth (18th October 2012 to 29th March 2013).
He also served as Strategic Advisor to STAR Ghana which managed Pooled funds from DFID, USAID, DANIDA and the EU (January 2014 to December 2014). He also served on the Board of private companies including the Board of ZOIL Oil Waste Services Limited (March 2015 to November 2016), and the Board of Weston Oil and Gas Fund (May 2014 to December 2016).
Dr. Adam is globally recognized for his expertise across varying subjects which earned him membership in global initiatives.
He was appointed as a Member of the Advisory Committee of the International Finance Corporation-World Bank Disclosure to Development Program (April 2018), a Member of the International Advisory Board of Open Contracting Partnership (August 2014), a Member of the International Advisory Board of the Natural Resources and Community Review (August 2014), Member of the International Group of Experts that designed ‘’the Open Contracting Initiative’, in Washington DC; facilitated by the World Bank Institute (2012); and Member of the International Group of Experts that designed ‘’the Open Government Partnership’ in Washington DC; facilitated by the State Department of the United States Government (2011).
He has provided advisory services to African countries among which are Kenya, Liberia, South Sudan, Sierra Leone, Mozambique, Tanzania and Uganda.
Dr. Adam held membership of other global professional bodies including the International Research Collaborative on Natural Resource Governance, Inequality and Human Rights, Law and Society and Columbia School’s Executive Session on the Politics of Extractive Industries, a group of renowned global Experts in the area of Resource management.
