The Minister of Trade and Industry, Alan John Kwadwo Kyerematen has resigned from his position.
Sources close to the Minister confirmed this development to citinewsroom.com.
citinewsroom.com understands the minister tendered his resignation letter to President Nana Addo Dankwa Akufo-Addo on Thursday, January 5, 2023.
Although it is unclear why the Minister resigned from the Akufo-Addo government, after serving in the portfolio since 2017, it is believed that he took the decision to enable him properly focus on his presidential ambition.
The 67-year-old made his first attempt to lead the New Patriotic Party as its flagbearer in 2007 but failed in his bid as Nana Addo Dankwa Akufo-Addo emerged as the winner.
Popularly known as “Alan Cash”, Mr. Kyerematen made other attempts in 2010 and 2014 but was unsuccessful.
He has been championing the government’s One District One Factory initiative since 2018, birthing about 170 factories across the country.
Under Mr. Kyerematen’s leadership at the Trade Ministry, the country also witnessed the production of local vehicles by auto giants such as Suzuki, VW, Nissan, and Sino Trucks among others under the Automotive Development Policy.