24-Hour Economy: Graduates Will Be Linked to Participating Companies- Mahama

President John Dramani Mahama says his government is introducing an initiative to get the teeming unemployed youth of Ghana absorbed by firms after graduating from the university.

This, he said, forms part of the 24-hour economy initiative under what is called Graduates and Corporate Support Programme.

Through this programme, graduates would be attached to firms operating 24 hours a day, he said.

Addressing the country on the 120th day of his presidency on May 7, 2025, he said, the programme is targeting 20,000 graduates.

This is expected to be launched in the coming days by the Youth Employment Agency.

The President also stated that the YEA is partnering with security agencies—fire, police, and immigration services—to provide security for 24-hour firms, and is working towards training and deploying 23,000 recruits for this purpose.

“The YEA is also partnering with security agencies- fire, police, immigration services- to provide security for 24-hour firms, and it’s working towards training and deploying 23000 recruits for this purpose.”

According to him, the requisite legal and financial framework is being worked on to enhance social protection, create an enabling environment and promote conducive business and labour relations for the 24-hour economy policy.

“The 24-hour secretariat is collaborating with the Development Bank of Ghana and the Ghana Infrastructure Investment Fund to operationalise financing pillars for this programme. The Cabinet has approved amendments to the Ghana Investment Promotion Act and the Labour Act to include specific clauses regarding 24-hour operations.”

Source: opemsuo.com/Hajara Fuseini