Former Communications Director of the Ghana Football Association (GFA), Ibrahim Sannie Daara, has called on traders and transport operators to reduce their prices in response to the recent appreciation of the Ghana cedi against the US dollar.
In a post on X, Sannie Daara noted that his checks show the exchange rate currently stands at $1 to GH¢12, describing it as a positive development for Ghana’s economy, which has faced huge challenges in recent years.
He emphasised that this upward trend should translate into lower prices of goods and services, especially food and transportation, similar to how fuel prices have seen a reduction.
“The cedi is getting stronger against the dollar. The price of petrol has also dropped. Yet food prices remain intact. I just bought my daily koko for breakfast, and the price remains the same.
“Traders must respond and lower the prices of food. Trotro and taxi drivers too,” he wrote.
Sannie Daara’s comments come at a time when many Ghanaians are expressing frustration that reduced fuel prices and a stronger cedi have not yet led to a meaningful drop in the cost of living.
Despite the positive economic indicators, prices of everyday essentials like food and transport fares remain largely unchanged.
Read Sannie Daara’s remarks below:
🇬🇭 The cedi is getting stronger against dollar. The price of petrol has also dropped. Yet food prices remain intact.
Just bought my daily koko for breakfast and the price remains the same.
Traders must respond & lower the prices of food. Trotro and taxis drivers too. #Ghana pic.twitter.com/YjPylxoci8
— Ibrahim Sannie Daara (@SannieDaara) May 10, 2025
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