As part of its mid‑year fiscal recovery plan, the Ghanaian government has transferred GH₵500 million worth of government-owned shares in Nestlé Ghana Limited to the National Investment Bank (NIB).
Alongside GH₵450 million in cash and GH₵1.5 billion in issued bonds, these measures have significantly bolstered NIB’s financial strength.
Finance Minister Dr Cassiel Ato Forson told Parliament that the injection reversed a capital adequacy ratio that once stood at.
53.13% in June 2024 to a healthy +23% by May 2025. Total paid‑up capital now stands at GH₵3.4 billion .
These actions have preserved depositors’ funds valued at GH₵6.4 billion and safeguarded over 900 direct jobs at NIB.
According to Dr Forson, unlike the previous administration which spent GH₵30.3 billion during the financial sector cleanup without addressing NIB’s crisis, the current government opted to “spend to save” rather than allow collapse
Parliament was assured the recapitalization is backed by a forward‑looking restructuring plan, aimed at strengthening governance, risk management, transparency, and eventual listing on the Ghana Stock Exchange.
With its finances restored, the NIB is now being encouraged to regain public trust and operate as a fully liquid, safe, and competitive indigenous bank.
President Mahama’s administration positions this as part of larger efforts to stabilize Ghana’s financial sector and promote long-term economic resilience
