$200m needed to be President in Ghana.

The Ghana Centre for Democratic Development (CDD-Ghana) has expressed concern over the soaring cost of political campaigns, cautioning that democracy risks being dominated by money rather than merit.

In an interview on Happy 98.9FM's Epa Hoa Daben show with Bismark Brown (BB), Mr. William Nyarko, Executive Director of the Africa Centre for International Law and Accountability (ACILA) and Consultant to CDD-Ghana on campaign financing, revealed that mounting a successful presidential campaign in Ghana now requires an estimated $200 million.

"It now takes close to $200 million to run a successful presidential campaign in Ghana. This makes our democracy vulnerable to capture by the wealthy elite," Mr. Nyarko revealed.