According to reports that surfaced early Friday morning, Trade and Industry Minister Alan John Kwadwo Kyerematen has resigned from the government.
According to multiple sources close to the minister, he handed in his resignation letter to President Nana Akufo-Addo at Jubilee House on Thursday, January 5, 2023.
The politician, affectionately known as Alan Cash, has long been rumored to be eyeing the position of New Patriotic Party flagbearer (NPP).
The sole reason for his resignation is thought to be to allow him to focus on his presidential ambition. However, the outgoing minister has yet to confirm this.
Mr Kyerematen ran for the NPP leadership in 2007, receiving 32.3% of the votes cast.
He finished second to Nana Akufo-Addo, who received 47.96% of the votes cast.
Mr Kyerematen ran for the party's leadership again in 2010 and 2014, but came in second to Akufo-Addo, who won the primaries.
In 2012, Ghana nominated Kyerematen to succeed outgoing Director-General Pascal Lamy as WTO Director-General, and his candidacy was supported by the African Union (AU).
However, he did not make the final selection process shortlist in 2013.
Kyerematen was sworn in as Ghana's Trade Minister in 2017.