Introduction
Hosea 4:6. In the Holy Bible says that Lack of knowledge destroyed my people or words worth the same. So lack of wisdom and unity may destroy Ghana, the topic speaks of diversity and inclusivity a shared goal for a Better Ghana Agenda.

A Superhero can be defined as a real-life person with abilities beyond those of ordinary people or who did or does heroic things for others. The Domestic Gold Purchase Programme (DGPP) has saved and is saving the economy by saving the Cedis and building multi-billon dollar national reserves, thus a historical feat in Ghana, hence the topic for historical records.

Domestic Gold Purchase Programme
His Excellency Former VP Dr Bawumia, the Flag bearer of the NPP, is the one who came out with the idea of the DGPP in 2021, saw to its implementation and together with his team came out with a Services Agreement between the Precious Minerals Marketing Company (PMMC) as Agent and Bank of Ghana as the funding and exporter Agent of the trading of gold from the Small Scale Mining Sector in 2023 among others involving Gold Assaying, Valuing, Buying, Trading, Exporting etc.

Lawyer Mr Sammy Gyamfi Esq, as the Acting CEO of PMMC (the predecessor of GoldBod) that was before the establishment of GoldBod in 2025 and later on as CEO of GoldBod successfully managed the Service Agreement of the DGPP between BOG and PMMC, effective 2025.

Mr Sammy Gyamfi did so with some differences, especially by scaling up the program and besides the usage of the spot price or the Bloomberg daily rate, was the payments of very high premiums based on the rates of Forex Bureau Systems, as a measure to reduce smuggling of gold from the Small Sale Mining Sector.

It should be recalled that due to very severe economy challenges, a downturn which confronted Ghana in 2021, a Domestic Gold Purchase Programme, as the brainchild of His Excellency Former VP Dr Bawumia, was sold to Bank of Ghana to work with the Sector Minister and PMMC to increase the stagnant gold reserve of 8.78 tonnes since 1958, as part of Gold for Reserve (G4R) under the DGPP.

He saw to its teething implementation by Bank of Ghana and PMMC between 17 June 2021 and 2023. This culminated in the final signing of a Service Agreement between Precious Minerals Marketing Company (PMMC) as the gold buyer from Small Scale Miners, assayer, valuer of same and BOG as the funding Agent of PMMC thus as BOG’s Buying Agent and acted as the trading agent with Off takers.

It is very interesting to note that , Lawyer Mr Sammy Gyamfi Esq, a political rival of Dr Bawumia, but as the CEO of GoldBod, made a very successfully implementation of Dr Bawumia’s DGPP. Mr Sammy Gyamfi did so in 2025 with some differences, especially he scaled up the Domestic Gold Purchase Program. Some of the benefits of the Domestic Gold Purchase Program are listed below.

Benefits of DGPP
Massive Reserve Accumulation: According to the IMF Report, the DGPP became the primary driver for the building of Ghana’s economy foreign exchange reserves, boosting them significantly from 8 Billion US Dollars in 2024 up to 13 Billion US Dollars in 2025.

Currency/ Macroeconomic stability: It brought 10 Billion US Dollars in foreign exchange inflows as such directly strengthened the Cedis and providing breathing room in debt servicing. It eases open-market demand for US Dollars, temporary curbing severe cedi volatility.

Formalizing artisanal mining: By buying gold directly from local small scale miners at global spot prices, with premium exchange rate, the policy successfully formalized billions of dollars in gold export that would have otherwise been smuggled. As well as it brought thousands of small scale mining operations into formal banking and legal channels.

Curbing gold smuggling: By offering competitive domestic purchase frameworks and tax incentives, the policy actively neutralized illegal cross-border smuggling routes.

Reduction of Inflation and National Debt: Helped the Bank of Ghana to reduce the high inflation from 23% to below 10%. The national debt was also reduced massively.

Cross–Party acknowledgement: , Lawyer Mr Sammy Gyamfi a very strong critics of Dr Bawumia, acted as a good statesman in August 2026, when he openly and gladly credited Dr Bawumia for the DGPP, as a well-intentioned policy designed to improve the country’s gold reserves, to improve foreign exchange position and provided additional support for the economy.

Google for ‘Lawyer Mr Sammy Gyamfi credits Dr Bawumia for the DGPP as a well–intentioned policy’. Thus it caused rare moment of political alignment, when Mr Sammy Gyamfi explicitly credited Dr Bawumia and his team for the visionary design of the policy. Conversely allies of Mr Sammy Gyamfi pointed out that its management since GoldBod took over has successfully sustained massive foreign exchange inflows.

These benefits have made the two politicians as national economic Superheroes based on their political parties’ promises which have matched with economic realities, with Dr Bawumia for saving the Cedis and Mr Sammy Gyamfi, for building a multibillion dollar economy through Dr Bawumia’s DGPP.

Thus the DGPP has become a major focal point on Ghana’s economic success narrative. Thus its architect, His Excellency Dr Mahmmudu Bawumia and the manager of the DGPP as Lawyer Mr Sammy Gyamfi, effective 2025, thus made both should really be viewed as national economic heroes.

President Mahama has come out with the Policy of Ghana Accelerated National Accumulation Reserve Program. (GANARP). Thus President Mahama through Lawyer Sammy Gyamfi is to upgrade Dr Bawumia’s DGPP.

Let me reiterate that Dr Bawumia is the one who originally came out with the policy idea of the DGPP in 2021. Also Sammy who as CEO of GoldBod, the agency took full control of the Operations of the DGPP led to the massive economic gains.

Thus both should be credited with the massive macroeconomic gains, despite the losses or cost for public good, since it has brought unprecedented stabilization of the Cedis currency and the economy. Thus the DGPP has brought very big economic relief to the citizens, who are the owners of gold, as provided at Clause 6 of Article 257 of the Constitution.

Why Dr Bawumia is credited
Dr Bawumia spearheaded the vision and conceptual framework of the DGPP. He designed the initiative to leverage Ghana’s sovereign wealth directly into liquid macroeconomic buffers. His foresight in anchoring the local currency to physical gold assets has been openly praised across party lines even earning exploit cross-party recognition from political rivals especially Mr Sammy Gyamfi and the Hon Mr Mahama Ayariga, the incoming Minister for Local Government during his last debate in parliament as Majority Leader.

Why Mr Sammy Gyamfi is credited
Mr Sammy Gyamfi took direct charge of the agreement of DGPP between BOG and the defunct Precious Minerals Marketing Company, the predecessor of GoldBod, scaled it up and whilst restructuring the policy.

Thus, he successfully oversaw the transition of the DGPP from a temporary BOG crisis response mechanism into fully structured State-Institutionalized program under GANARP focused on long-term sustainability. He has also vigorously protected the integrity of the project, steering

GoldBod to record an operational surplus and consistently, clarifying that the balance sheet of Bank of Ghana due to DGGP in 202five in represents an expected, intentional investment in national economic stabilization rather than the operational loss.

Contentious political and financial debates

Notwithstanding, the massive economics gains made with the DGPP, in the front burner, is a contentious political and financial debates on the alleged 1.7 Billion US Dollars regarded as operational cost in the books of Bank of Ghana incurred for public good .

The political battle is expected because towards the 2024 Presidential Election, Dr Bawumia, then as the Flagbearer of the NPP campaigned among others on the success stories of the Digitization and Digitalization infrastructures built that led to a modern cashless economy, through Mobile Money interoperability, Ghana Card integration, House Address systems thus create the multibillion dollars foundation for long-term economic and inclusive growth.

Lawyer Sammy Gyamfi Esq, on the other, then as the National NDC Communication Director, aggressively used economic data, inflation rates and exchange rates as political weapon to hold the regime of President Nana Addo and Vice President Dr Bawumia accountable.

Thus during Dr Bawumia as head of the Economic Management Team, in the fight against the 2021 to 2024 Economic depression, in the regime of President Nana Addo, especially the very high inflation, Cedis depreciation, saw Lawyer Mr Sammy Gyamfi in a very aggressive stance against the Regime of President Nana Addo.

This made Dr, Bawumia and Lawyer Mr Sammy Gyamfi not just politicians but ideological titans for fighting for the Soul of the Economy, with the contrasts are that Dr Bawumia was/is with technocratic, digitization and digitalization-first approach with Lawyer Mr Sammy Gyamfi is characterized as aggressive accountability-driven and grassroots-focused critique.

This situation was/is expected since Ghana is noted for, the usual political division tendencies on all matters leading to the associated rancor and acrimony in the body politics of Ghana (to quote General IK Acheampong for whatever reasons especially to gain political advantage instead of creating a unifying triumph (UNIGOV) situation.

Thus despite the celebrated gains of the DGPP, the Dr Bawumia’s DGPP has become a major political battlefield for the NDC and NPP, with the report of a 1.7 Billion US Dollars operational lost or cost allegedly as financial loss caused by the GoldBod as proclaimed by the Minority Group in Parliament. This has gained the support of the NPP party and her affiliates and they have pushed or they are pushing aggressively for investigation into the reported 1.7 billion US Dollars operational loss in the balance sheet of the BOG, under the DGPP, by pointing to the report of IMF to demand for transparency and strict accountability for public funds.

The Government, Mr Sammy Gyamfi and associates forced to be on a defensive push, fiercely rejected the claims stating that the IMF never blamed the GoldBod for the BOG’s structural losses and accused the opposition for running smear campaign.

Sustainability concerns
Economic Experts such as Professor Peter Bokpin have cautioned that the celebrated gains are overly dependent on volatile global gold prices and could disappear rapidly if market shocks occur.

The state of the political and financial debate over its implementation safeguards is preventing unanimous superhero consensus.

Beyond the personalities is that the Saving of the Cedis needs fixing structural issues including heavy import dependency, low manufacturing output, and high borrowing/high debt servicing, though either figures hold the magic wand to build multibillion-dollar economy, the solution needs a non-partisan production-driven economic shift. Need for serious modernization and transformation of the Agricultural Sector, value addition with good markets and import substitution.

Policy or Politics question
So a big question for you the reader is whether policies or politics that will ultimately rescue the economy?