Occupy BoG Protest Hits Streets Today

The Minority in Parliament, Civil Society Organizations (CSO), Progressive Forces, and others will today, October 3, 2023 take to the streets of Accra to protest against senior officials of the country’s Central Bank.

The protest is aimed at compelling the Governor of the Bank of Ghana, Dr Ernest Addison and his two deputies to step down after they refused to voluntarily bow out in August 2023 following the issuance of an ultimatum.

The group will be protesting against the Central Bank’s alleged illegal printing of about GH¢ 80 billion between 2021 and 2022 which they say contributed to an inflation rate of 54.1% in December 2022.

Additionally, they will be registering their exasperation at the reported GHC 60.8 billion loss incurred by the Bank in 2022 which has sent it into an over GH¢50billion negative equity position.

After being forced to postpone the date for the protest thrice due to contention over the route, the police finally accepted to provide their services to the protesters.

Route
They will converge at the Obra Spot at the Kwame Nkrumah Circle and proceed to Adabraka – Ridge Roundabout – National Theatre Traffic Light – High Court Complex Traffic Light – Attah Mills Highway and make a U-Turn at the National Lotteries and terminate at the Independence Square.

This will alter traffic flow in the earmarked areas, the police has noted.

“The road from the Independence Square in front of the National Lotteries towards the Old Parliament Traffic Light will be blocked temporarily to vehicular traffic during the course of the demonstration.

The blocked roads will be diverted through the Starlet Traffic Light through the Ministries Traffic Light to pass in front of the Office of the Department of Urban Roads (DUR), through National Lotteries, to link up with the AMA office Road to EOCO and take a detour back to the John Evans Alta Mills Highway at the old Parliament Traffic Light Intersection,” the police relayed in a press statement a day to the event.

Meanwhile, it said personnel from the Motor Transport and Traffic Department (MTTD) will be deployed to the various intersections to assist the motorists.

Caution
The protesters have also been encouraged to abide by the agreed security arrangements.

“We wish to urge the organizers of the demonstration and all participants to cooperate with the Police and abide by the security arrangements in accordance with the Public Order Act.”