Vice President Dr Mahamudu Bawumia has donated an amount of Ghc 50,000 to support the organisation of the 47th Sports Writers Association of Ghana (SWAG) Awards.

The SWAG Awards is held annually to honour distinguished Ghanaian sportsmen and sportswomen.

Over 40 athletes who brought honour to Ghana through their performances in sports in the calendar year 2022 are slated to be honoured by SWAG next weekend.

An aide to Dr Bawumia, Tamimu Issah, presented the Veep’s 50,000 Cedis donation to the President of SWAG, Kwabena Yeboah, and Secretary General, Charles Osei Asibey on Wednesday, January 18th 2022.

Ghc 30,000 out of the figure is to be used to support the organisation of the entire program whilst the winners of two prestigious categories; the Female Footballer of the Year and the Sports Journalist of the Year – are to receive Ghc 10,000 each.

Kwabena Yeboah expressed gratitude to the Veep for his support upon receipt of the donation.

Dr Bawumia has consistently shown support to sporting organisations and has earned plaudits for his benevolence.

For instance, the 46th SWAG Awards held last year was supported by the Veep with a similar Ghc 50,000 donation.

Other sporting organisations that have benefited from the Veep’s generosity aside from SWAG include Real Tamale United (RTU), King Faisal, Hasaacas Ladies, Ampem Darkoa Ladies and others.

The Vice President in particular pays special attention to the development of women’s sports, hence his decision to provide Gh 10,000 for the Female Footballer of the Year award winner.

The 47^th MTN/Adamus SWAG Awards comes off at the Accra International Center on January 28, 2023.

The Majority Chief Whip in Parliament, Frank Annoh-Dompreh, has lauded the genius of Vice President Dr Mahaudu Bawumia following the successful takeoff of his gold-for-oil plan.

Reacting to recent news of the policy’s successful implementation, Annoh-Dompreh said Bawumia is a gift to Ghana who will rescue us from the current challenges via his unconventional policy ideas.

Taking to Twitter, the Member of Parliament for Nsawam Adoagyiri wrote: “He is a gift to this Nation, let’s not take it for granted. Do away with your ‘Hatred’ for him.. He will rescue us, certainly. Dr. Bawumia, ever proud of him.”

His reaction comes after news broke that Ghana has received the first batch of fuel procured under the gold-for-oil policy on Monday, January 16th 2023.

The 41,000 metric tonnes of fuel procured under the government’s revolutionary ‘gold-for-oil’ policy arrived at the Tema Port, delivered by the vessel SCF YENISEI.

The relatively cheaper fuel was procured from the international market with gold instead of U.S dollars in a landmark new policy intended to fight the effects of cedi depreciation on the Ghanaian economy.

Speaking on the policy during his opening of the 42nd Annual New Year School and Conference at the University of Ghana, Legon, Bawumia touched on the ingenuity it took to come up with the policy.

”…We have mined gold for over 200 years, and when I looked at the data I realized that our total reserves of gold in Ghana was just  8.7 tonnes at the end of 2021. One of the largest gold mining countries, we are in the top 10 in the world but we have not accumulated gold to build our reserves.

“We looked at the other side of the balance sheet, we export gold and we import oil. The cost of oil import is about 3 billion dollars a year. So we ask the simple question, why don’t we, since we have always got pressure in finding US Dollars to buy oil,  rather reach an agreement to change our gold for oil and then, sell the oil in Cedis and then, use the Cedis to buy more gold, use that gold to pay for oil, sell the oil in Cedis and then you don’t need to look for the scarce foreign exchange to buy oil, which always leads to depreciation on the currency.

“With this idea, we said, let us do something that the textbooks don’t teach you, let us do something that is out of the box and this is why we said gold-for-oil. We quickly looked at this and we negotiated with the suppliers of oil who were very excited and happy to receive gold in payment. Thankfully, yesterday, Monday, Ghana took its first delivery of oil under the gold-for-oil programme,” Bawumia espoused.

A social media user has rained insults and attacks on Afia Schwarzenegger, Tracey Boakye and Diamond Appiah, aka the mafia gang.

According to the netizen, the three are involved in scamming, blackmailing and all sorts of other clandestine acts to raise money.

She said after raising this illicit money, they come and live large on social media as if they are making legit money but they’re just spending the proceeds of their alleged criminalities.

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The angry tiktoker said Ayisha Modi deserves praise for exposing at least one of the mafia gang members – Diamond Appiah.

Ayisha Modi has sued Diamond Appiah for defrauding her out of over $40,000.

Ayisha reportedly gave Diamond the figure to procure land for her at East Legon but the land was never delivered.

After years of back and forth, Ayisha has taken the case to court.

The angry netizen said Modi should be commended for that whilst attacking the mafia gang for their ‘fraudulent‘ lives.

READ ALSO: I Want Justice – Daniel Duncan-Williams Calls For Father’s Arrest After Embarrassingly Causing Him To Be Detained At Togo Border

Watch below…

Source: GhanaCelebrities.Com