Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Kwabena Owusu Aduomi: Funds for new roads not enough

Kwabena Owusu Aduomi, a Deputy Minister of Roads has disclosed the money in the Road Fund account is not enough. He said while talking to media that money could not provide for ongoing projects.

Mr Aduomi said there were not enough funds in the Road Fund. There have been calls for government of Ghana to move in and restore worsening roads with some communities performing demonstrations.

The Ministry secured a loan of GHc1.2 billion from UBA. Ghana road fund has to pay GHc206 million in every quarter.

He added so it means that less than GHc40 million every quarter that the road fund will get to finance road projects. So the quandary is that we will not get enough funds to pay for all numerous ongoing projects.

He said, the situation has been deteriorated by the decision of the former government to award many road contracts in the last quarter of its administration.

Deputy Minister of Roads Mr. Aduomi said, the GHc600 million that he [the former road minister] said was in the fund, before he left office he approved project payments of over GHc300 million.

The post Kwabena Owusu Aduomi: Funds for new roads not enough appeared first on Ghana Live TV.



This post first appeared on Watch Gtv Ghana, Adom TV, Tune Ghana Radio GhanaLi, please read the originial post: here

Share the post

Kwabena Owusu Aduomi: Funds for new roads not enough

×

Subscribe to Watch Gtv Ghana, Adom Tv, Tune Ghana Radio Ghanali

Get updates delivered right to your inbox!

Thank you for your subscription

×