Wednesday, 19 February

Have faith in Mahama to implement fixed- rate policy–Abbossey Okai Spare Parts Dealers

Politics
Takyi Addo , Head of Communication for Abossey Okai Spare Parts Dealers Association addressingn the press

The Abossey Okai Spare Dealers Association in the Greater Accra Region has urged its members to trust in the leadership of President John Dramani Mahama as his administration moves to implement a fixed-rate system for the importation of spare parts.

According to the Association’s Head of Communications, Mr. Takyi Addo, the policy, once implemented, will provide much-needed relief for traders by stabilizing import duties and curbing demurrage costs at the ports.

Speaking on CTV’s Oman Ghana Nkusuo Morning Show hosted by Yaa Titi Okrah and Odehyeeba Kofi Essuman on Thursday, February 13, 2025, Mr. Addo revealed that he personally proposed the fixed-rate idea to then-presidential candidate John Mahama, highlighting its potential benefits for the spare parts industry.

He noted that issues related to spare parts dealerships fall under three key ministries—Finance, Transport, and Trade, and members of the Association are pleased with the individuals appointed to oversee these portfolios in Mahama’s government.

Mr. Addo also acknowledged that many traders had initially supported Dr. Mahamudu Bawumia’s version of a flat-rate system, stating that 99% of members backed Bawumia’s policy initiative, while he was among the few advocating Mahama’s approach.

However, he emphasized that his support was for the fixed-rate policy itself, rather than any particular political party.

He assured members that if fully implemented within two years, the policy would greatly benefit the spare parts industry.

He, therefore, called for patience and restraint as the government works toward rolling out the system.

Source: Classfmonline.com/Cecil Mensah