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NABCO was a waste of state resources – Kennedy Agyapong

NABCO was a waste of state resources – Kennedy Agyapong

Kennedy Agyapong, Member of Parliament for Assin Central, believes the Nana Addo Dankwa Akufo-Addo administration squandered taxpayers’ money invested in the Nation Builders Corps (NABCO).

According to him, the government was given the opportunity to industrialize the country in order to create jobs for the youth, but instead chose the easy way out, resulting in a large number of unemployed youth in the country.

“It is concerning that the government selects young people and places them in offices where they do nothing while paying them Ghc700. “The government could have used the money to build industries that could have employed 20,000 full-time workers, reducing the number of unemployed youth,” he said.

Kennedy Agyapong argued that Ghana requires a diverse range of industries.

He expressed his dissatisfaction with the development bank’s business model, arguing that it should instead be lending to local businesses to help them grow rather than commercial banks.

Regardless of his shortcomings, he stated that claims that Nana Addo Dankwa Akufo-Addo has done nothing for the country are false because investments in one district, one factory are yielding great results, and the country will reap the benefits.

What Exactly Is NABCO?
The Nation Builders Corps (NABCO) program is a government initiative aimed at addressing graduate unemployment and addressing social issues. The initiative’s focus will be on improving public service delivery in health, education, agriculture, technology, and governance, as well as driving revenue mobilization and collection.

The program lasted three years and has now come to an end, leaving personnel unemployed.

Source: MyNewsGh.com

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