Ghana’s ruling party candidate concedes in presidential election

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Ghana’s ruling party candidate concedes in presidential election

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Ghana’s ruling New Patriotic Party candidate, Vice President Mahamudu Bawumia, conceded defeat to former President John Mahama in the country’s presidential election on Sunday, after failing to overcome widespread frustration over the struggling economy.

The defeat in Saturday’s election marked the end of two terms in power for the NPP under President Nana Akufo-Addo, characterized by Ghana’s worst economic crisis in years, high inflation, and debt default.

“The people of Ghana have spoken and they have voted for change at this time. We respect this with all humility,” Bawumia said at a press conference.

Bawumia confirmed that he had called his opponent, Mahama the National Democratic Congress candidate and former president to congratulate him.

With blaring horns and cheering, Mahama supporters had already begun gathering to celebrate outside the party’s campaign headquarters in Accra.

On his X account, Mahama confirmed that he had received Bawumia’s congratulatory call over his “emphatic victory.”

The Vice President acknowledged that Mahama had won the presidency “decisively,” and that Mahama’s NDC party had also won the country’s parliamentary election, according to the NPP’s internal vote tally.

Ghana’s economic troubles were the central issue in the election, following a crisis of default and currency devaluation that resulted in a $3 billion International Monetary Fund bailout.

Earlier, NDC spokesman Sammy Gyamfi told reporters that the party’s internal review of results showed Mahama won 56.3 percent of the vote, compared to Bawumia’s 41.3 percent.

“It is very clear that the people of this country have voted for change,” Gyamfi said.

Political parties had agents at polling stations to observe and tally the initial vote counts before the ballots were sent for official collation by the election commission.

Earlier, Commission Deputy Commissioner Bossman Asare told reporters that regional results had yet to arrive at the national center.

The commission had said the official results were likely to be announced by Tuesday.

With a history of democratic stability, Ghana’s two main parties, the NPP and NDC, have alternated in power since the return to multi-party politics in 1992.

Under the slogan “Break the 8” a reference to two terms in power Bawumia had sought to lead the NPP to an unprecedented third term. However, he struggled to overcome criticism of Akufo-Addo’s economic record.

Although inflation slowed from more than 50 percent to around 23 percent and other macroeconomic indicators stabilized, economic struggles remained a key issue for many voters.

This frustration paved the way for Mahama’s comeback challenge. Mahama, who served as president from 2012 to 2017, had previously failed in two presidential bids.

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Reference

Ghana’s ruling party candidate concedes in presidential election published in Vanguard

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