The Leader of the New Force Movement, Nana Kwame Bediako, popularly known as Cheddar, has announced that he will establish a National Sovereign Wealth Fund when voted to power in the December 7 election.
He made this known during the New Force Key Policy Launch on Sunday, September 1, 2024.
Mr. Bediako indicated that the fund would serve as a support to boost the economy and secure the nation’s wealth and resources.
“We are going to create the National Sovereign Wealth Fund; this is the new IMF. Well, at this very point, Ghana will help me launch the new IMF. Because verbally it is said but physically and mentally, we are about to implement it. This pillar is a new policy and it will disrupt and dissolve but eventually, it will rebuild our heritage value.”
He further criticized the extraction and export of the country’s mineral resources, stating that, he would put an end to such practice.
“In the past, our minerals have been extracted and exported for pennies, we are ending it. The National Sovereign Wealth Fund is the new IMF, independent and autonomous. It will collect every reserve and will keep it and protect it.”
Below are excerpts of 12 visions of Nana Kwame Bediako Cheddar for Ghana
1. Run a government of only 12 ministers!
2. Raise $50 billion by monetizing Ghanaian citizenship. People will invest in return for Ghana passport.
3. Print our own monies, have a borderless continent for trade and investment & unify Africa as one
4. Change SSNIT into National Insurance Fund; contributors can go for their monies at any time
5. Create a National Sovereign Wealth Fund to replace IMF; no more borrowing
6. Construct Ghana’s first water transportation & an 8000KM of railway line across the country
7. Build a food and gold reserve to serve Ghanan for the next 100 years!
8. Make Ghana a tech hub, build a nuclear power plant and construct a renewable energy infrastructure
9. Change the curriculum by leveraging on skills that turn students into entrepreneurs and not job seekers
10. All our mineral resources are put on a blockchain to prevent galamsey
11. Build a National WEB3 platform, and migrate all statutory and national data to a blockchain platform to curb corruption
12. Build Hollywood studios, help artistes own their catalogues, musicians earn reasonable royalties and own the distribution and recording platforms!