NPP's GoldBod Attack: A Desperate Attempt to Undermine Success
The New Patriotic Party (NPP) is under fire for its handling of the Ghana Gold Board controversy. The party and its Minority Caucus have been accused of politicizing a policy that is finally working for small-scale miners. According to audited figures, the Ghana Gold Board posted an operational surplus of GH¢909.7 million and an overall surplus of GH¢5.44 billion in 2025, despite global gold prices falling by 23%. This is a stark contrast to the losses incurred under the NPP's own programmes between 2023 and 2024, which totaled about GHS 7 billion.
The NPP has been claiming that the Ghana Gold Board lost around $214 million in 2025. However, this figure appears to be based on unaudited and disputed numbers. The party is also accused of ignoring the fact that the losses they cite belong to their own programmes. The macro indicators, including inflation and the cedi's value against the dollar, are moving in the right direction.
The Ghana National Association of Small-Scale Miners (GNASSM) has publicly supported the Ghana Gold Board for excluding foreigners from direct purchases, paying better prices, and putting real-time data in the hands of miners. They've asked Parliament to stop politicizing a policy that is finally working for the people who dig the gold.
The NPP's attack on the Ghana Gold Board is seen as a desperate attempt to undermine a policy that is delivering results. The party should focus on building an alternative that can actually float, rather than clinging to a straw.