Ghana has set me back financially – Michael Blackson

Ghana has set me back financially – Michael Blackson

American comedian and actor of Ghanaian descent, Michael Blackson, has vented his spleen on the Ghanaian government for ruining his investments

Michael, in a series of posts on X, writes that he had purchased Eurobonds to run his school at Agona Nsaba (Michael Blackson Academy), but has had challenges with recouping his investment.

According to him, he did the Eurobonds because he figured that will help pay for the life span of the free school he built. However, he said, “Ghana decided to use our money to pay their debt to China or whoever and leave us hanging.”

Unhappy with the situation, he called out the Finance Minister in the wake of his concerns.

“Who’s the Minister of Finance in Ghana? I have beef with this guy. People of the diaspora decided to invest in our continent and they used our money to pay their debt and gave us two options. Either take a 37% cut and receive 5% interest with 11 yrs maturity date or no cut but 1.9% interest with 15 yrs maturity date. I’m very disappointed in my people for this,” he posted.

The Michael Blackson Academy, founded three years ago offers free education to children from kindergarten to Basic 3. They also provide free uniforms to the pupils.

In spite of all these challenges, Blackson says he is resolute in his bid to keep the school running.

“If it wasn’t for the love and passion I have for the unprivileged youth of Ghana, I would just hand my school to the people and walk away,” he wrote.

Idowu Babalola Photo
Idowu Babalola

Socially Not Social. IG & Twitter - @Idbragga

All author posts
Related Posts
This Is What BB Naija 2018 Winner Miracle Intends To Use His 25 Million Naira Prize For
This Is What BB Naija 2018 Winner Miracle Int...

Big Brother Naija 2018 ‘Double Wahala’ winner, Miracle, has revealed how he intends to spend his N25 million prize...

Peter Okoye Is Way Up As He Signs First Artist To His Record Label ‘P Classic’
Peter Okoye Is Way Up As He Signs First Artis...

Peter “Mr P” Okoye has made the first addition to his self-owned PClassic Records. The singer has added an...

If your son prioritises you over his wife then you’ve failed as a Mother – Comedian Craze Clown
If your son prioritises you over his wife the...

Comedian, Emmanuel Iwueke aka Craze Clown, stated that a mother has failed if her son prioritizes her over his wife.  ...

Write A Comments