Abraham Koomson, Secretary-General of the Ghana Federation of Labour (GFL), has commended John Dramani Mahama for assenting to the 24-Hour Economy Authority Bill, describing the move as a major boost for Ghana’s industrial revival and broader economic growth.

According to Mr. Koomson, the core aim of the 24-hour economy policy is to roll out practical interventions that will enable local industries to scale up production, achieve sustainable growth, and generate lasting employment opportunities.

Speaking on Ahotor FM on Saturday, February 21, 2026, he said the establishment of a dedicated 24-Hour Economy Secretariat signals a structured and purposeful approach to implementing the policy. He noted that effective coordination would be crucial in preventing the systemic lapses that previously led to the collapse of several local industries.

President Mahama signed the bill into law after Parliament approved it on February 6, following days of deliberations. The legislation, which was introduced in late 2025, forms a central component of the government’s flagship economic transformation agenda.

The new law establishes a 24-Hour Economy Authority as the main coordinating body tasked with overseeing the nationwide rollout of round-the-clock economic activities. The Authority is expected to collaborate closely with public institutions, private sector players, and other stakeholders to ensure smooth and effective implementation.

Welcoming the development, Mr. Koomson stressed that the creation of a dedicated oversight body is particularly significant. He explained that it offers businesses and industry stakeholders a direct channel to present operational challenges and obtain timely interventions.

Under the new framework, he said, stakeholders will not be limited to routing concerns solely through the Ministry of Trade but will also be able to engage directly with the Secretariat for quicker resolution of issues.

Mr. Koomson expressed confidence that, if executed effectively, the 24-hour economy initiative will accelerate industrial expansion, enhance productivity, and contribute meaningfully to Ghana’s long-term economic transformation.