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Gov’t borrowed to fund politically motivated NABCO initiative-ILAPI Boss

November 3, 2021

Executive Director for policy think tank Institute for Liberty and Policy Innovation (ILAPI), Mr. Peter Bismark Kwofi, has stated the Nation Builders’ Corps (NABCO) was not an initiative intended to reduce unemployment.

He told Kwabena Agyapong on Rainbow Radio 87.5Fm that the NABCO initiative was funded through loans because the government did not have the resources to fund the project.

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”I can tell you on authority that the government borrowed to fund the project and in the situation where the borrowing is not coming, the project suffers”.

He asserted that the NABCO policy was a strain on the budget of the government, and beyond the budget, it had no policy paper or blueprint.

”There was no document or blueprint on NABCO. They had no document on the exit plan. There was nothing like that,” he added.

To him, NABCO was a training programme and not an employment module but the NPP told beneficiaries they would be given permanent employment in their second term.

It was a vote-buying employment scheme meant to deceive the beneficiaries into voting for the NPP.

He said if the government had taken its time and managed the policy as a socio-economic policy, it would have succeeded.

By: Rainbowradioonline.com/Ghana

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