Highlighting the potential repercussions of this development, Dr. Forson, who also serves as the MP for Ajumako Enyan Essiam, expressed concerns that more companies might follow suit due to the prevailing economic downturn in the country. He underscored the alarming nature of such business relocations, emphasizing the need for heightened awareness among Ghanaians.

As a former Deputy Finance Minister, Dr. Ato Forson's remarks carry weight, reflecting broader apprehensions about Ghana's economic stability and its impact on local enterprises.

"Once again, Mr. Speaker, Unilever Ghana, renowned for its production of Lipton tea in Ghana, has ceased its tea manufacturing operations here. Unilever has relocated its tea production to Nigeria," Dr. Forson stated.

"The relocation of Lipton tea production to Nigeria has resulted in job losses for Ghanaian workers. This is indeed distressing news," he continued.

Furthermore, Dr. Forson lamented the delay in commencing Pepsodent production in Ghana despite the plant's commissioning by President Akufo-Addo five years ago. He attributed this setback to the deteriorating business environment in the country.

The revelation by Dr. Ato Forson underscores the urgent need for comprehensive economic reforms and measures to bolster Ghana's competitiveness and attractiveness to local and foreign investors. As the nation grapples with these challenges, the voices of policymakers and stakeholders become increasingly crucial in shaping a path towards sustainable economic growth and prosperity.