Not long ago, finance minister Ken Ofori-Atta became the talk of Ghana when he postulated that the government’s payroll is full, therefore, graduates should consider entrepreneurship.
According to Ken Ofori-Atta, entrepreneurship among graduates is the only way the rising unemployment rate in the country can be reduced.
Speaking at a graduation ceremony at the University of Professional Studies, Accra (UPSA), Mr. Ofori-Atta explained that 60% of Ghana’s revenue is spent every month on the payment of salaries of public sector workers.
“That payroll is full because we are spending some 60% of our revenue on remunerating some 650,000 people. That is not sustainable.”
He told the graduating students that: “…You have the skills set to be able to do what you have to do. Our responsibility as a government is to create the environment and the macro stability, currency stability and ensure that you have access to the relevant skills and financing.”
Reacting to this, a collegian has admonished the gov’t of Ghana to close down schools with immediate effect as long as the payroll is full so that they can venture into agriculture or anything more beneficial.