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Mr President; When Are You Launching the GHS10 Million Jobs & Enterprises Fund?

March 25, 2013

Mr President, the young people of this country have been waiting patiently for you to launch the much anticipated GHS10 Million Jobs & Enterprises Fund which seeks, among other things to provide capital to young entrepreneurs in the country. To remind you of the teeming unemployed youth, especially the unemployed graduates in the country, is just like reminding you of a serious national security threat waiting to explode. Yes, the youth unemployment situation in the country should be considered as a national security threat.

No country on earth can develop, or was developed without the massive contributions of its youth population. In Ghana, and like in most African countries, there are a lot of youth who are ready, able and willing to work but cannot find jobs. And there are lots of smart young graduates with brilliant ideas but cannot find the necessary support to put their ideas to the test. Mr President, we need you at this crucial time. We are not working, and we would like to work!

In October last year at the 1st National Youth Achievers Awards in Accra, you informed all of us that “in the next few days” you would be launching the GHS10 Million Jobs & Enterprises Fund to provide capital and access to capital for young entrepreneurs. More than five months after the event, the young people of this country are still waiting for you to fulfill this promise. And we hope that you are not going to renege on this promise.

The young people of this country still have the confidence and the hope in your leadership. We didn’t just voted for you. We campaigned seriously for your victory. We are not looking for handouts. We are looking for the opportunities to make our lives better, and to make our country to be the beacon of hope and opportunities in Africa.

Mr President, our success is your success. And our failure will be your failure. All of us cannot be employed by the government. In fact we wouldn’t need any government employment if the opportunities are there for us to unleash our potentials. In your address to Parliament, you made mentioned of the fact that the government wage bill is not sustainable. Mr President, the only way to tackle this challenge is to create more opportunities outside the public sector. Most of the youth see the public sector as the only secured employment avenue, unfortunately. And until we create other secured and sustainable employment avenues outside the public sector, the government would have to keep paying higher and higher wage bills.

Your Excellency, the ball is now in your court. We are still waiting for you with our business ideas and proposals. We are waiting for you because our banks and financial institutions have refused to consider our business proposals because they see us as high risk investment that they cannot afford. The government cannot also fail us in this direction. And the more you keep delaying the launch, the more you keep compounding the national security threat of this country.

Mr President; we are still waiting! Thank you.

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