24-Hour Market Off-Ramping Challenge
The 24-hour economy as a government policy is jinxed, reality which is visible in the continuous mutation of the model. As a rushed entry in the run-up to the Read More... The post 24-Hour Market Off-Ramping Challenge appeared first on DailyGuide Network .
The 24-hour market policy, introduced by the National Democratic Congress (NDC) during the lead-up to the last elections, has faced significant criticism and scrutiny. The policy, which promised a new dawn for Ghana by creating jobs and transforming the economy, has been marred by multiple changes and off-ramping challenges. The original plan, which included a job creation ratio of 1:3:3, was met with skepticism from critical observers who deemed it a vote-buying tactic.
As the implementation progressed, the focus shifted from job creation to the construction of 24-hour markets across the country, leading to the demolition of existing facilities such as schools, places of worship, and even banks. The NDC's changing narrative from job-makers to market developers has only compounded the criticism.
Recently, the Local Government Minister, Mahama Ayariga, announced a new phase of the policy, now focusing on district model markets. Despite this, the effectiveness of such markets remains questionable, as demand-driven markets cannot thrive without a sufficient customer base. The NDC's communicators face the daunting task of navigating the complex political landscape while attempting to salvage the policy's reputation.
With no clear off-ramping strategy in place, the government's reluctance to abandon the project exacerbates the situation. As the policy's name changes, it is evident that a policy failure is looming, and Ghanaians, the ultimate judges, are watching closely. Recent developments have seen the policy evolve from a job creation mechanism to market construction and now district economy markets, underscoring the magnitude of the challenge the NDC faces.
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