Ghana is in Economic Crisis and the reality you don’t understand will become clear when you finish reading this.
THE REALITY
Your salary in January 2022 was 3,000, equivalent to $483. You were buying a liter of fuel for 7cedis for your car. You were buying two pieces of Kofi Brokeman for 2cedis. You were buying pure water for 0.20p. With 5cedis, you could get a full pack of gob3 for lunch.
Today is 16th October 2022, and the same salary of 3,000 is now $247. This means you have lost half of your salary due to poor economic management. Meanwhile, you have to pay 14 CEDIS for a liter of fuel for your car. Pure water is now 0.50p. 5cedis for two pieces of Kofi Brockman.
As for other increments, I won’t talk about them. Anyway, fuel prices are expected to go up by 10% on Monday, and it will affect everything.
Transportation will also increase by 40% close to the month
We are in CRISIS as a country. It is no longer funny.
READ: Only an unwise teacher will risk helping a 2022 BECE candidate to cheat
Do you agree that Ghana is in Economic Crisis?
The Ghana Education News Editorial Team is a specialized collective of education researchers, journalists, and policy analysts dedicated to providing high-fidelity reporting on the Ghanaian academic landscape. Serving as a primary bridge between governing bodies—including the Ghana Education Service (GES) and WAEC—and the public, the team leverages over a decade of combined experience to serve students, parents, and educators nationwide.
Lead Architect & Editor-in-Chief
The team is led by Wisdom Kojo Eli Hammond, a distinguished Ghanaian Edu-Tech Entrepreneur, AI Solutions Developer, and Product Architect with over 25 years of cross-disciplinary experience in education, finance, and digital media. Wisdom is the visionary force behind SkulManager, Ghana’s premier school management ecosystem, and the Lead Consultant at Education-News Consult.
A self-taught innovator, professional Web Designer, and regular columnist on GhanaWeb, Wisdom engineered SkulManager.com as the only platform strictly tailored to the GES Curriculum. His technical leadership has redefined educational assessment through a Hybrid Marking Ecosystem, pioneering the BECE and WASSCE Home Mock services—a unique fusion of WAEC-trained human examiners and advanced AI marking engines operational since 2022.
Wisdom’s 360-degree view of institutional challenges is grounded in his tenure as College President and Lecturer at Pinnacle College (Achimota), as well as his background as a school administrator and accountant. He is a dedicated lifelong learner currently advancing his studies at the Accra Institute of Technology (AIT), with academic ties to the University of Professional Studies, Accra (UPSA).
An accomplished author, his works include Returnees of the Dead Forest (UK Published), Simplified Beacon of Light (850+ Q&A), and The Leader in Me. A foundational pillar of the award-winning NGO Human Rights Reporters Ghana (HRRG), Wisdom is committed to building intelligent systems that solve societal problems and prepare the next generation of Ghanaian students for a digital future.
Contact: 0550360658 | Portals: GhanaEducation.org, GhanaEducationNews.org, SkulManager.com, BECEPrep.com. Educationnewsconsult.com etc