In a social media post reacting to recent movements in global commodity prices, Mr Ofosu Nkansah argued that periods of NDC governance have coincided with relatively stable international economic environments, particularly with regard to oil and gold prices.
According to him, the NDC has historically assumed power during times when Ghana faced little or no major global economic disruptions, a situation he described as an advantage most governments would welcome.
He pointed out that current trends—low global oil prices alongside rising gold prices—present a potentially favourable environment for economic management, especially for a resource-rich country like Ghana.
However, Mr Ofosu Nkansah maintained that despite these advantages, NDC administrations have repeatedly failed to translate such opportunities into lasting economic benefits for the Ghanaian people.
He attributed this failure to what he described as poor leadership and weak economic management, arguing that previous NDC governments left office with significant economic challenges despite operating under favourable global conditions.
In his post, he referenced past transitions of power, claiming that Ghana experienced economic difficulties at the end of NDC tenures in both 2000 and 2016.
“NDC governments often come into office when the global economy is favourable and without major crises, yet they still exit with serious economic hardships due to incompetence,” he wrote.
Mr Ofosu Nkansah further questioned how the party would manage the economy going forward, given what he described as a history of missed opportunities.
He suggested that the current global commodity trends provide a critical test of economic competence, adding that time would ultimately reveal whether the NDC could achieve a different outcome should it return to power.
The comments have since sparked political debate online, with supporters and critics of the NDC offering differing views on the party’s economic record and governance performance.