The Majority Caucus has announced plans to request a detailed audit of the One District One Factory (1D1F) policy when Parliament resumes, citing widespread concerns over corruption and abuse under the programme.
According to the Caucus, the audit will seek to identify the companies that benefited from tax exemptions and establish how those exemptions were utilised.
This is contained in a press release dated January 26 and issued by the Majority Leader, Mahama Ayariga.
The policy, the Majority said, failed to achieve its core objective of industrialisation and job creation.
Describing the initiative as a “monumentally failed policy”, the Majority argued that its poor outcomes were a direct result of weak oversight and blatant misuse of public incentives.
“If the policy had worked as advertised, thousands of young people would be in stable private sector jobs today,” Mr Ayariga said, accusing the Minority of pretending to care about youth unemployment.
The Majority said the audit will ensure accountability and help prevent a repeat of policies that drain public resources without delivering meaningful economic benefits.
He dismissed claims by the Minority during a press conference earlier in the day, insisting that Ghanaians have not forgotten the severe economic hardships experienced under the previous administration.
According to the Majority, the Minority lacks the moral authority to criticise the current government given the state in which it left the country.
The Majority recalled that Ghana’s financial system collapsed, with the cedi depreciating at unprecedented levels and inflation soaring to historic highs. These conditions, it said, significantly eroded household incomes and plunged many families into economic distress.
It further noted that critical social services deteriorated sharply, with Senior High Schools frequently unable to resume due to the lack of funds for feeding. Hospitals, the Majority said, were also forced to turn away patients as the National Health Insurance Authority consistently failed to settle claims submitted by service providers.
“The Ghanaian people lived through one of the most difficult economic periods in our history, and no amount of political spin can erase that reality,” Majority Leader and Leader of Government Business, Mahama Ayariga, stated.
The Majority said it will continue to remind the public of these challenges, stressing that Parliament must remain grounded in facts rather than selective memory when national issues are debated.
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