April 16, 2026 4:07 pm

“24-Hour Economy Will Work Successfully If Ghanaians Build It” — Madina MP Champions Private Sector Revolution

The promise of a 24-hour economy in Ghana will remain an empty slogan unless citizens actively produce, create, and innovate, according to Madina MP, Hon. Dr. Francis Xavier Sosu, who is urging a nationwide shift toward entrepreneurship and private sector growth.

In an exclusive interview with Nyansapo News, the Member of Parliament for Madina, Hon. Dr. Francis Xavier Sosu, has declared that Ghana’s proposed 24-hour economy is no longer a distant vision but an inevitable reality. However, he cautions that its success will depend heavily on the strength and participation of the private sector.

According to him, the concept goes beyond policy rhetoric and must be grounded in practical, everyday economic activity driven by ordinary Ghanaians.

“The 24-hour economy has come to stay,” he said. “But its success is going to depend on a thriving private sector.”

Dr. Sosu explained that the model creates opportunities for job expansion through shift-based work. Using a simple example, he noted that a trader at Madina Market who has the capacity to operate around the clock could employ multiple workers across different shifts.

“If I sell at Madina market and I can work 24 hours, it gives me the chance to employ one person for each shift—maybe three people in total. That is what it means,” he explained.

He extended the analogy to artisans, pointing out that a single tailoring business could transform into a multi-worker enterprise under a 24-hour system.

“If I’m a tailor or a seamstress and I have the capacity to work 24 hours, it’s still one job, but I can have three different people working in three different shifts,” he added.

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For Dr. Sosu, this illustrates that the 24-hour economy is not merely theoretical but a practical framework rooted in productivity and enterprise.

He stressed that without deliberate investment in entrepreneurship, the policy risks remaining an abstract idea.

“That is why I am passionately speaking about entrepreneurship,” he emphasized. “It is only when people are empowered through entrepreneurship that we can achieve the full goals of a 24-hour economy. Otherwise, it will remain just a theory.”

He called on citizens to reflect on their individual contributions to the economy, underscoring that every product consumed is the result of someone’s labour.

“Everything we use is made by someone,” he said. “The clothes we wear, the microphones we speak into, the buildings we occupy—someone created them. Even the hair, the nails, the cosmetics—someone produced them.”

Dr. Sosu argued that Ghana’s path to a successful 24-hour economy lies in its ability to produce more of what it consumes and to industrialise at scale.

“Until we empower ourselves to make these things and industrialise as a nation, we cannot go far—even with a 24-hour economy,” he concluded.

By Sampson Kumah Ifeetwube Elvis

 

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By Sampson Kumah Ifeetwube Elvis

Investigative Journalist & Storyteller News Reporter & Media Professional Journalist | Uncovering the Truth Media Specialist | News, Features & Analysis

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