Connect with us

News

Road minister vows to retrieve $30m from foreign contractor for no work done

Published

on

The Minister of Roads and Highways, Mr. Governs Kwame Agbodza, has registered his displeasure about what he describes as unfair and lopsided contract terms involving a foreign contractor who was paid $30 million for road works after no work done.

The Minister during at interview at Joy fm, a local radio station in Ghana said the contract in question was signed under a suppliers’ credit agreement supported by the Indian Exim Bank.

He noted that such agreements usually allow foreign companies to bring in their own contractors and resources, but expressed concern about the conditions tied to the deal.

According to him, Ghana paid about 20 percent of the contract sum as mobilization to the contractor.

Advertisement

However, he claimed that even on the day a public ceremony was held to mark the start of work, some of the equipment on site did not belong to the contractor, raising concerns about their readiness.

Mr. Agbodza explained that under the agreement, if the contractor raised a second payment request and the government failed to pay within a specified time, the contractor could legally terminate the contract and leave with the funds already paid.

“This particular contract was written in such a way that we paid $30 million, but no work has been done so far. If they do not work up to that value, we will have to get our money back. No amount of meetings or conferences can change that” he said.

The Minister emphasized that while Ghana often entered into turnkey agreements due to limited financial resources, care must be taken to protect the country’s interests in such deals.

Advertisement

He called on professionals involved in the contract process, including lawyers and engineers, to uphold national interest and ensure that agreements signed are fair and beneficial to the country.

Mr. Agbodza stressed that the government would explore all legal means to either recover the funds or compel the contractor to deliver work equivalent to the amount paid.

By: Jacob Aggrey

Advertisement

News

President Mahama cut sod for construction of 24-Hour Economy Model Market in Juapong

Published

on

President John Dramani Mahama today cut the sod for the construction of a 24-Hour Economy Model Market in Juapong, North Tongu District, marking the commencement of a transformative project aimed at boosting local commerce, creating sustainable jobs, and driving economic growth in the Volta Region.

The sod-cutting ceremony formed part of the President’s two-day ‘Resetting Ghana Tour’ of the Volta Region.

Addressing residents and stakeholders, President Mahama described the proposed facility as a modern economic centre designed to empower farmers, traders, entrepreneurs, and small businesses.

He noted that beyond serving as a marketplace, the project will provide critical infrastructure for storage, processing, packaging, distribution, digital commerce, and access to financial services.

Advertisement

The President reaffirmed Government’s commitment to accelerating development across the Volta Region through strategic investments in roads, healthcare, education, agriculture, transport, markets, and agro-industrial initiatives.

He highlighted Juapong’s strategic location and economic potential, indicating that the town is well-positioned to emerge as a key commercial and industrial destination within the region.

As part of the flagship 24-Hour Economy programme, the Juapong Model Market will be among the largest facilities under the initiative.

The project has been designated as a Category Four Market, the highest classification within the programme, reflecting its significance to the region’s economic transformation.

Advertisement
Continue Reading

News

Captain Smart pledges massive infrastructure development in Gomoa West

Published

on

Broadcast journalist and aspiring National Democratic Congress (NDC) parliamentary candidate for Gomoa West, Blessed Godsbrain Smart, popularly known as Captain Smart, has pledged to embark on major infrastructure development if elected to represent the constituency in Parliament.

Speaking on Onua TV platform, Captain Smart said his priority would be to transform Gomoa West through extensive development projects.

“I will turn the constituency into a construction site,” he declared, stressing his commitment to improving infrastructure across the area.

Although much of his remarks focused on rallying supporters in local languages, he repeatedly assured residents that they would witness significant development under his leadership.

Advertisement

Captain Smart also urged party supporters to remain united and actively participate in the party’s internal activities ahead of the parliamentary primaries.

He expressed confidence in his bid and promised to work hard to improve the lives of people in Gomoa West if given the opportunity to serve as their parliamentary candidate.

By: Jacob Aggrey

Advertisement
Continue Reading
Advertisement

Trending