News
Former Nigerian Deputy Central Bank Official Makes Cryptic Post Amid Ofori-Atta’s Ordeal: Vanity of Vanities’
A thought-provoking LinkedIn post by Prof. Kingsley Moghalu, former Deputy Governor of the Central Bank of Nigeria, is drawing attention amid the ongoing political and legal drama surrounding Ghana’s former Finance Minister Ken Ofori-Atta.
Prof. Moghalu’s January 10 reflection did not mention Mr. Ofori-Atta by name but recounted a personal anecdote about the corrupting influence of power — describing how an unnamed African friend, once approachable and humane, became unreachable and indifferent after assuming ministerial office.
His narrative concluded with a broader philosophical point about power’s vanity, a remark resonating with many observers given the current controversy involving Ofori-Atta. Read the full post below:
“An African friend attended my 50th birthday in Abuja from his country. A little while later he was appointed a minister in his country. Meanwhile I had completed my tenure as Deputy Governor of the Central Bank of Nigeria and taken up a professorial appointment in a US university. I tried to reach him by phone on a professional matter but he did not pick my call. He did not respond to messages I sent. I was disappointed, but I also heard similar complaints from other mutual friends and acquaintances. Few could “recognize” our friend’s character and conduct anymore.
“A few years later his party lost the elections in his country and he was out of government. He came under investigation on allegations of corruption. His country reportedly sought to extradite him from a foreign country where he had apparently taken refuge. Recent reports are that his has now been arrested in that country on immigration charges. Charges or indictments, of course, do not automatically mean guilt unless and until established by the courts. But, lesson: vanity of vanities, all is vanity.”
The timing of the post coincides with mounting public interest in Ofori-Atta’s situation. The former Ghanaian Finance Minister is in United States custody on immigration-related charges and is the subject of an active consular and legal process involving the Ghanaian Embassy in Washington, DC.
Ofori-Atta has reportedly declined to engage with Ghanaian consular officials without his lawyers present, even as his extradition to Ghana is being sought to face corruption-related charges connected to the Strategic Mobilisation Limited (SML) scandal.
Prof. Moghalu’s cryptic post touched on leadership accountability and personal integrity, issues that have dominated public discourse as Ghanaians and international observers watch how Ofori-Atta’s case evolves.

Former president Nana Akufo-Addo, who is related to Ofori-Atta, has publicly stated his belief in the rule of law and discouraged any attempts to secure special treatment.
The former finance minister, who served from 2017 to early 2024, has faced multiple investigations by Ghana’s Office of the Special Prosecutor (OSP), which previously declared him wanted for questioning in several corruption inquiries.
Legal actions, including requests for extradition and discussions around Interpol notices, are part of a broader push by Ghanaian authorities to hold public officials accountable for alleged misuse of office.
While Moghalu’s message is reflective rather than accusatory, its resonance underscores how leadership ethics and governance accountability remain at the forefront of public concern — both in Africa and among global audiences observing high-profile legal confrontations involving political elites.
Global Update
14 dead, 84 injured in Indonesia train crash
At least 14 people have been killed in a train collision in western Indonesia, with another 84 injured, according to the country’s train operator.
The collision between a commuter train and long-distance service happened late on Monday in Bekasi, just east of Jakarta, the country’s capital and the world’s most populous city.
Mohammad Syafii, the head of the country’s search and rescue agency, said during a news conference that it was a delicate process to rescue survivors from the mangled carriages.
“There are some victims who are alive to this minute, and we’re hoping to extricate them, but they’re still pinned by the train material,” he said.
Bobby Rasyidin, Chief Executive of state railway firm PT KAI, said the commuter train first collided with a taxi on the tracks and was then hit by the long-distance train, adding that a women-only carriage bore the brunt of the crash.
One passenger, Heriyati, said she initially intended to use the women’s-only carriage but opted for the one behind it.
She told Reuters she had been on a call with her husband, asking him to pick her up from the station when the collision occurred.
“I haven’t even finished with the call, and the trains collided,” she said.
Taxi operator Green SM Indonesia confirmed on social media the taxi involved was a part of its fleet and had sent information to authorities to assist in their investigation.
Indonesian president Prabowo Subianto said he had agreed to build a flyover near the tracks to help ease heavy traffic congestion.
He added that large parts of the country’s train network are not well-maintained.
Land transport accidents are common in Indonesia, with another train collision in West Java province in 2024 killing four people and leaving dozens more injured.
Ghana News
Why Ghana Walked Away From $109 Million US Health Package
Accra balked at terms requiring the sharing of sensitive health data, becoming the latest African nation to reject Washington’s “America First” aid model.
Ghana has rejected a bilateral health deal with the United States, a source familiar with the negotiations told Reuters, marking the latest stumbling block to the Trump administration’s effort to overhaul foreign aid and the third African nation to push back against the new aid terms.
The government of President John Dramani Mahama balked at requirements that would have mandated the sharing of sensitive health data, according to the source. That same issue previously sank talks with Zimbabwe this year and also prompted a court to suspend implementation of Kenya’s deal pending the hearing of a case filed by a consumer protection group.
Spokespeople for Ghana’s foreign ministry and government did not respond to requests for comment, reports Reuters.
Intense US Pressure to Sign, Source Says
The proposed deal, which the two sides began negotiating last November, would have called for $109 million in U.S. assistance for health over five years, the source said.
It was unclear how much Ghana would have been expected to contribute under the new co-investment model.
The United States had disbursed $219 million in foreign assistance to Ghana for 2024, including $96 million specifically for health, according to government foreign assistance data. That figure predates the Trump administration’s sweeping cuts to foreign aid and the dismantling of the U.S. Agency for International Development (USAID) last year.
“They were pretty normal dealings and negotiations in the beginning, and then increasingly there was a lot more pressure, especially at the end,” the source said of the talks.
Washington ultimately set April 24 as a deadline to conclude the negotiations. Accra decided it could not agree to what was being proposed and has communicated its position to the Trump administration, the source said.
America First Health Strategy
The Trump administration in September announced a new “America First Global Health Strategy” that calls for poorer nations to play a larger role in fighting HIV/AIDS, malaria, tuberculosis, and polio in their countries, with an eventual transition from aid to self-reliance.
The U.S. State Department said it does not disclose details of bilateral negotiations. “We continue to look for ways to strengthen the bilateral partnership between our two countries,” a spokesperson said.
As of Monday, the State Department had signed 32 deals under the strategy, representing $20.6 billion in funding — made up of $12.8 billion from the U.S. and $7.8 billion in “co-investment from recipient countries,” the spokesperson said. Washington expects additional memorandums of understanding to be signed in the near future.
Broader Implications
Ghana’s rejection follows a growing pattern of African nations resisting U.S. aid terms that they view as infringing on data sovereignty and national decision-making. The collapse of negotiations raises questions about the future of U.S.-funded health programs in Ghana, particularly those targeting HIV/AIDS, malaria, and tuberculosis — areas that have historically relied on significant American support.
Neither the Ghanaian government nor the U.S. State Department has provided official comment on the specific terms that led to the breakdown. However, the source’s account suggests that the dispute centers on data access provisions that Accra found unacceptable.
For now, the $109 million package remains unsigned, and Ghana joins a growing list of countries unwilling to accept the Trump administration’s new aid framework as written.
Ghana News
Power Situation to Improve After Boost at Akosombo, US Health Aid Deal Rejected, and Other Big Stories in Ghana Today
Welcome to our curated news roundup. We have gathered the most relevant stories from across Ghana today. Here are the top stories you need to know.
Power Boost at Akosombo as Fourth Unit Comes Back Online in Late-Night Breakthrough
Ghana’s national grid received a significant boost after the fourth generating unit at the Akosombo Dam was successfully brought back online in a late-night technical breakthrough. The restoration of the unit is expected to increase power generation capacity and help stabilize electricity supply, which has faced challenges in recent weeks due to maintenance issues and high demand. The state-owned Volta River Authority (VRA) confirmed the development, expressing optimism that the additional megawatts will ease pressure on the grid and reduce the frequency of unscheduled load management. Energy analysts have welcomed the move as a critical step toward resolving persistent power fluctuations affecting homes and businesses.
Read the full story here
Ghana Rejects Proposed US Health Aid Deal Citing Data Concerns – Source
Ghana has reportedly rejected a proposed health aid agreement from the United States over concerns about data sovereignty and patient privacy. According to a Reuters source familiar with the matter, the deal — which would have channeled funds into Ghana’s health system — contained provisions that would have granted US agencies broad access to Ghanaian health data, including patient records and disease surveillance information. Officials within Ghana’s Ministry of Health and Foreign Ministry raised red flags over the terms, fearing they could compromise national data protection laws and individual privacy rights. The rejection underscores a growing global trend in which developing nations are scrutinizing foreign aid agreements for clauses that may infringe on digital sovereignty.
Read the full story here
Mystery Deepens as 2 Arrested in Disappearance of Accra Couple
Investigations into the mysterious disappearance of an Accra-based couple have taken a new turn following the arrest of two suspects, police have confirmed. The couple, whose identities have not yet been publicly released, went missing under unclear circumstances from their residence in the Greater Accra Region. Law enforcement officials say the two individuals currently in custody are assisting with inquiries as detectives piece together the timeline leading up to the couple’s disappearance. Residents in the community have expressed growing unease, and family members are appealing for any information that could lead to the safe return of their loved ones. Police have assured the public that all leads are being pursued and further updates will be provided as the investigation progresses.
Read the full story here
Fuel Prices Dip from May 1 as Diesel Drops Sharply, LPG Set to Surge
Ghanaian consumers are set for a mixed bag of fuel price adjustments effective May 1, with diesel and petrol seeing a welcome dip while liquefied petroleum gas (LPG) prices are expected to surge. Industry sources indicate that diesel will experience the sharpest drop, providing relief to transport operators and businesses reliant on the fuel. However, households and commercial users of LPG for cooking and heating should brace for a significant increase, driven by rising global demand and supply chain constraints. The National Petroleum Authority (NPA) is expected to release official price caps ahead of the implementation date. Consumer advocacy groups have urged the government to consider subsidies or targeted relief for households that depend heavily on LPG.
Read the full story here
‘What Kind of Mentality Is This?’ – South Africa’s Queen Vee Hits Back at Ablakwa, Ghanaians
South African activist Victoria Africa, popularly known as Queen Vee, has fired back at Ghana’s Foreign Affairs Minister Samuel Okudzeto Ablakwa and Ghanaians who condemned her group’s recent attack on a Ghanaian man living in South Africa. In a fiery interview, Queen Vee defended the xenophobic actions captured on video, arguing that Ghanaians should instead blame their own government for failing to create economic opportunities at home, which she claimed forces citizens to migrate for menial jobs. Her remarks have sparked fresh outrage in Ghana, with many social media users and civil society groups calling for a strong diplomatic response. The Ghanaian victim, Emmanuel Asamoah, has previously described the ordeal as humiliating and traumatic.
Ghana’s Banking Sector Strengthens as Assets Surge to GH¢465bn – BoG Report
Ghana’s banking sector is showing renewed strength, with total industry assets rising to GH¢465.4 billion as at February 2026. This is according to the Bank of Ghana March Monetary Policy Report, reflecting improving balance sheet resilience and stronger domestic market positioning. The 21 percent year-on-year growth, though moderating from the previous year, signals a more stable and sustainable expansion path, underpinned by robust domestic asset growth and improving funding conditions.
Adamus Denies Illegal Mining Allegations, Raises Due Process Concerns
Adamus Resources Limited has vehemently denied allegations that it is engaged in illegal mining, describing attempts to portray the company as unlawful as misleading and unfair. In a press release issued on April 29, the indigenous Ghanaian mining firm insisted that it operates under valid mining leases and permits granted in accordance with the laws of Ghana, and remains fully compliant with its regulatory obligations under the Minerals and Mining Act, 2006 (Act 703).
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