The convention's primary objective was to finalize the provisions of a 'Social Contract' between Ghana's leaders and citizens, outlining collective aspirations and goals from 2024 to 2050.

Dr. K.Y. Amoako, ACET's founder and CEO, emphasized the need for stakeholder engagement to address Ghana's economic challenges, despite strong growth. He noted that Ghana's economic structure remains unchanged, relying heavily on unprocessed primary commodities.

ACET's tool for assessing economic transformation in Africa revealed that Ghana's transformation level stands at 19.1%, below the continental average of 30.3%. Dr. Amoako stressed the need to identify areas holding the country back and transform them. The compact aims to produce technical papers on pressing issues like gender and youth employment, guiding the country's political and economic journey for the next 25 years.

The National Commission for Civic Education (NCCE) partnered with ACET to engage 193 Ghanaians in seven regions on thematic areas, gathering inputs from diverse backgrounds according to Ms. Kathleen Addy, Chairperson of the commission. She said that participants called for reduced port duties and local procurement of educational materials, among others at the end of the engagement

The Trades Union Congress (TUC) and the National Development Planning Committee (NDPC) emphasized the compact's importance in empowering citizens and ensuring inclusiveness in policy formulation.

Dr Yaw Baah, Secretary General of the Trades Union Congress (TUC), said that the compact was about giving people the power to lead and also give them their terms of reference while Dr Kodjo Mensah Abrampah, Director General at the National Development Planning Commission (NDPC) emphasised that the citizens’ compact would complement the work of the NDPC and ensure inclusiveness in policy formulation.

The event featured plenary sessions with policy experts and breakout sessions, culminating in the reading of the Citizens' Declaration, signifying the social contract.

Representatives from political parties, including the New Patriotic Party (NPP) and the National Democratic Congress (NDC), attended the event.

Notable personalities included New Patriotic Party (NPP) Council of Elders, Hackman Owusu Agyeman; Minister of Works and Housing, Kojo Oppong-Nkrumah; a member of the manifesto committee, Osei Kyei-Mensah-Bonsu, Minister for Parliamentary Affairs, Dr Emmanuel Marfo; the Chairman of the National Democratic Congress (NDC) manifesto committee, Prof. Danso Boafo; a member of the manifesto committee, Afi Agbenyo; as well as a member of the Movement for Change, Nana Ohene Ntow.