Every cedi lost to corruption hurts national development – Deputy Finance Minister

Ghana cedi
The Deputy Minister for Finance, Thomas Nyarko Ampem, has cautioned that corruption within Ghana’s revenue collection systems continues to deprive the country of critical social infrastructure, urging Customs officers to recommit to integrity, vigilance, and professionalism.
Speaking at the commemoration of International Customs Day 2026 in Accra on Monday, January 26, Mr. Ampem said revenue leakages resulting from corruption and fraud weaken national development and limit the government’s ability to deliver essential services to citizens.
“We must take decisive steps to eradicate all forms of corruption and fraud, as every cedi lost represents a missed opportunity for national development,” the Deputy Finance Minister stated.
He explained that the consequences of revenue losses are directly felt in the lives of ordinary Ghanaians, as funds meant for development are diverted through unethical practices.
“Revenue lost through corruption translates into unbuilt schools, unpaved roads and lives adversely affected by inadequate healthcare, unsafe drinking water and poor sanitation,” he added, while calling on Customs officers to uphold transparency, accountability and ethical conduct in the discharge of their duties.
Mr. Ampem emphasised that Customs officers play a vital role beyond revenue mobilisation, noting that their presence at borders, ports and entry points is essential to Ghana’s economic stability and national security.
He acknowledged the contributions of the Customs Division of the Ghana Revenue Authority (GRA) in combating the influx of illicit drugs, small arms and ammunition, counterfeit pharmaceuticals, substandard goods and environmentally harmful products into the country.
“These threats, if left unchecked, undermine public health, national security and economic stability,” he warned.
Touching on the theme for this year’s celebration, “Customs Protecting Society through Vigilance and Commitment,” Mr. Ampem said it reflects the evolving responsibilities of Customs officers amid growing global trade and increasingly complex security challenges.
According to him, the role of Customs has expanded beyond revenue collection to include facilitating legitimate trade while safeguarding society and supporting economic growth.
The Deputy Minister assured officers of the government’s commitment to strengthening Customs operations through policy reforms, digitalisation and sustained investment in modern infrastructure and technology.
“At the Ministry of Finance, we are determined to empower you to safeguard our nation’s security and economy,” he said, adding that the government is focused on building an efficient, professional and responsive Customs administration.
He further noted that Customs’ contribution to the Ghana Revenue Authority’s overall revenue target remains significant and urged officers to support the attainment of this year’s goals.
Mr. Ampem concluded by charging Customs officers to eliminate unethical behaviour within the system, stressing that their vigilance and integrity are crucial to protecting society and securing Ghana’s future.


BoG cuts benchmark rate by 250bps to 15%
Recapitalisation key to restoring BoG’s financial health – Johnson Asiama
Mobile Money transactions record GH¢518.4bn in December – BoG
Security and Reliability are Cornerstones of Ghana’s Digital Payment Future – Jalilu Issahaku
KIA is not a name we should be proud to project – Steven Odarteifio
Virtual assets without literacy are dangerous – BoG
Deputy Education Minister is one of the most empowered deputies – Aide
‘We have professional synergy driving the Ministry of Education’ – Aide
Motorbike–tractor crash leaves one dead, another in critical condition
Police arrest seven over council of state member robbery