Anane/Priscilla Oye Ofori - GNA
Accra, Feb 27, GNA - Dr. Ibrahim Awal, minister of
Business development, says the current socio-economic growth needs of the
country requires strong inputs into entrepreneurial skill development.
“Ghana since independence has mainly exported raw
materials, and that alone is not very helpful now.”
Dr. Awal said this at the Fifth Baraka Policy
Institute (BPI) Lectures, at the Ghana Academy of Arts and Sciences, on
Wednesday in Accra.
It was under the theme,” The Primacy of Technical
and Entrepreneurial Training in Ghana’s Industrialization Quest.”
He said Ghana and Cote d’ivoire for example
produced a combined value of 120 billion dollars of Cocoa annually, but got
only seven billion dollars in return.
The minister noted that this only happened because
“we” lacked the ability to add value to the product. The minister said it was
unfortunate that in spite of the fact that the country had a high
entrepreneurial drive, such situations still exist.
Dr. Awal said the government had a number of
initiatives underway to improve upon the entrepreneurial capacity of the
country’s work force, which was currently crucial to the country’s
He said 3,000 people were expected to be trained in
entrepreneurial skills in the country this year, while the teaching of
entrepreneurial skills in second cycle as well as tertiary institutions would
The minister said the key aim of these initiatives,
was to enable young people to set up their businesses, instead of depending on
government employment after school.
He said the President, Nana Addo Dankwa Akuffo-Addo,
was ever committed to supporting entrepreneurial growth in the country, in
order to improve upon the lives of the citizenry, and also speed socio-economic
Dr. Fred Kyei Asamoah, head of the Council for
Technical and Vocational Education Training (COTVET),
speaking on the topic, The Primacy of Technical and Vocational Education in
Ghana’s Development Quest, said whilst African countries once concentrated on
providing the more industrialised nations with raw materials, the current
situation required a lot more than just that.
‘We need to work towards the Ghana beyond aid
agenda, with skills development and training,” he said.
He said there was the need to frame the educational
system in a manner that encouraged entrepreneurial and skills building at the
early developmental stages of people, towards building a country with a strong
rooting for sustained socio-economic growth.
Dr. Asamoah said skills building which was what
COTVET was about, highly complemented entrepreneurial success because, it was easier
to succeed at doing what one was well versed at.
He said this made the advancement of COTVET of
great relevance to entrepreneurial development in the country.
The BPI Annual Lectures which started in 2014, are
designed to provoke reflections on critical areas that need attention in the
The BPI was established in 2014 with a special
focus on promoting social justice and national development through research and