Presidential Advisor on the government’s 24-Hour Economy, Goosie Tanoh, has clarified that the policy is intended to encourage voluntary business expansion, not compel companies to operate around the clock.
In an interview with the Ghana Broadcasting Corporation, Mr Tanoh explained that the government’s focus is on creating favourable economic conditions that enable firms to scale up production, invest and generate employment.
He noted that the success of the policy depends on improved productivity, expanded industrial capacity and a competitive investment climate. According to him, when companies are operating efficiently and see clear financial benefits in increasing output, they naturally introduce additional shifts without government directives.
“If an economy is operating at full capacity, nobody is going to tell industry to do shifts,” he said, stressing that decisions to expand operations are driven by marginal cost and revenue considerations, not coercion.
His remarks follow the signing of the 24-Hour Economy Authority Bill into law by President John Dramani Mahama on February 19. The legislation establishes the institutional framework to coordinate implementation of the policy, a flagship programme of the National Democratic Congress administration.
Government maintains that the initiative will enhance productivity, boost exports and create jobs by encouraging industries, logistics providers and service sectors to extend operations beyond traditional working hours through strengthened incentives and investment support.
