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Without this capital injection the Bank would have collapsed. Some years back, many banks collapsed helpless.
Why is NIB so important to the country that such an injection of capital makes sense instead of just closing it down in an orderly process where open positions get transfered to other state owned back.
Do Ghanaians really ...
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If government has 2.3 billion cedis to recapitalize NIB why can't it pay bond holders and other debts? Is the government aware people moneys are locked in banks and they cannot access these funds to restart businesses?
Very true Ibu. Dey other Banks dey collapsed and NAM 1 run freely. This money could have saved de whole of all collapsed Banks for de whole Ghana. Now a useless Bank chopp all, to print posters for a grinding mill owner.
Eiiii, buy why the recaptalization? So this government knew that as an option why didn't he recaptalize other banks .
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The so-called capital injection won't last because big government officials who have companies borrow from the bank to execute contracts and do not pay back. Some of them like Oforiwa-Atta, Osafo Marfo, Gabby Otchere-Darko et ...
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State Resources must not be seen as spoils of war for the party that wins political party but must be use for the socio-economic benefit for all Ghanaians
For young Ghanaians we are trying to pass unto you an important aspec ...
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