The Deputy Director General of the Ghana Maritime Authority, Masawudu Mubarick, has called for greater public understanding of government’s proposed 24-Hour Economy policy, describing it as a “bold economic transformation agenda” aimed at repositioning the nation on the global stage.
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In a recent social media post, Mr. Mubarick addressed what he sees as a growing misconception about the policy.
“There’s a growing misconception that Ghana’s 24-Hour Economy policy is just about working in 3 shifts — far from it,” he stated.
According to him, the policy’s core objective is to create a comprehensive enabling environment for businesses to flourish, with affordable and reliable power being a critical component. He highlighted the garment and fabric industry as a prime example where energy costs hinder competitiveness.
“If Ghana is to compete with Vietnam or Indonesia and attract production orders from brands like Nike and H&M, we need to bring energy costs down,” Mubarick explained, adding that “Ghana’s current industrial tariff of 10+ US cents/kWh can’t match countries offering 6–7 US cents/kWh. Until we close that gap, our industries will remain uncompetitive.”
He emphasized that the policy’s vision extends far beyond simply extending working hours, saying “What the 24-Hour Economy seeks to do is not just extend working hours, but to build the infrastructure, power systems, and policy environment that make 24/7 productivity viable and profitable.”
The vibrant and young politician concluded, while showering praises on Mr. Goosie Tanoh, the 24-Hour Economy policy coordinator, that the “24-Hour Economy is not just a labour issue — it’s an economic reimagination.”
