NDC Exposed; Steals Bawumia’s Credit Scoring System Proposal

After a sustained attack and mockery of Dr Mahamudu Bawumia’s Credit Scoring System proposal, the National Democratic Congress ( NDC) and its flagbearer, John Dramani Mahama have turned round to include it in the party’s youth manifesto, which was launched in Accra on Monday, August 12.

Mr Mahama and his party members had on various platforms slammed Dr Bawumia over his electoral promise to introduce a credit scoring system if he wins the December 7 elections.

Turn Around
But, in a surprise turn around, the credit scoring has found its way into the NDC youth manifesto in a veiled form.

In a bid to swerve the unsuspecting public, the NDC removed the word “scoring” from the policy proposal in their manifesto but have been caught pants down by observant Ghanaians. The Youth Entrepreneurship & Skills Development section of the manifesto states in part that the NDC will “develop a comprehensive credit system specifically for youth entrepreneurs and develop a database of businesses run by young individuals to guarantee advisory services, create marketplaces, provide managerial support, offer partial credit guarantees , soft loan, grants and tax incentives”.

Condemnation
The policy theft and hypocrisy of the main opposition party have been widely condemned by well-meaning Ghanaians on social media.
Enoch Kofi Nyarko, stated on Facebook, “ See the merry go round they did. They just didn’t want to mention the credit score system. Tweaaaa”.
Akosua Manu, NPP parliamentary candidate for Adentan said, “They told us “e be credit score we go chop”. Now here we are.”
Taryan Tyna Narteh stated, “Eeiiishh copy copy uncles and aunties.”

Bawumia’s Credit Scoring System
Vice President and NPP flagbearer, Dr Mahamudu Bawumia, on July 23, 2024, announced a proposal on the operation of a Credit Scoring System in Ghana during his constituency-focused campaign at Lambussie, Nandom and Lawra.

He stated: “With the very significant issuance of the Ghana Card, the merging of databases and the exponential growth of financial inclusion following the success of mobile money Interoperability, all is now set for the operation of a Credit Scoring system for Ghana.”

He added: “Among many benefits, the operation of a Credit Scoring system will make it easier for the ordinary Ghanaian to purchase essentials such as cars, mobile phones, obtain loans at lower interest rates. In most advanced nations, mobile phones can even be obtained for free from the phone companies with a two or three year contract subject to your credit score.”