TEMA, Ghana, 7 February: The Secretary General of the Ghana Federation of Labour (GFL), Abraham Koomson, has welcomed Parliament’s passage of the 24-Hour Economy Authority Bill, 2025, describing it as a significant step toward transforming Ghana’s productive economy.
The Bill, a flagship policy of the John Dramani Mahama administration, was passed on Friday, February 6, 2026, following extensive deliberations and debate between the Majority and Minority caucuses on the floor of Parliament.
The objective of the legislation is to establish the 24-Hour Economy Authority, mandated to implement the 24-Hour Economy and Accelerated Export Development Programme nationwide.
Speaking on Ahotor FM’s Yepe Ahunu programme on Saturday, February 7, Mr. Koomson said the policy is designed to address long-standing structural challenges within Ghana’s productive sectors.
According to him, the programme will reduce the country’s heavy dependence on the export of low-value raw materials while cutting reliance on expensive imported finished and intermediate goods.
He explained that the Authority will also ensure the integrated and sustainable transformation of national systems for economic production, supply chains, marketing, and labour power development.
The Bill, which was laid before Parliament in late 2025, seeks to transform Ghana into a fully operational 24-hour economy, with the Authority serving as the central coordinating body responsible for policy implementation across sectors.
Mr. Koomson noted that the Authority will be tasked with mobilising investment, coordinating public and private sector activities, and ensuring that the necessary infrastructure, regulatory frameworks, and support systems required to sustain round-the-clock economic activity are in place.
The 24-hour economy policy was a key campaign promise of the National Democratic Congress (NDC) during the 2024 general elections and has since been positioned by government as a major driver of job creation, productivity, and economic growth.
Abraham Koomson expressed optimism that the policy would also help revive collapsed and underperforming industries, ultimately strengthening Ghana’s industrial base and expanding employment opportunities.
LISTEN TO ABRAHAM KOOMSON IN THE AUDIO BELOW:
Story by: Emmanuel Romeo Tetteh(#RomeoWrites✍️)/Ahotoronline.com | Ghana 🇬🇭