Audio By Carbonatix
Deputy Minister for Roads and Highways, Alhassan Suhuyini, has underscored the urgent need for the country to remain committed to using the Road Fund exclusively for financing road infrastructure.
According to him, this approach is essential to ensuring sustainable funding for road projects and avoiding the accumulation of excessive debt.
Speaking on Joy FM’s Super Morning Show, on Thursday, July 10, Mr Suhuyini revealed that one of the ministry’s key challenges is the lack of a reliable and dedicated source of funding for road development.
He stressed that the diversion of road funds for other purposes has historically undermined the sector’s progress.
"There is a need for us to have a dedicated fund for these important projects," he said.
He cited examples of how the government had struggled to fund the construction of major roads in the national capital, Accra, such as the Madina road and the N1 highway.
The Deputy Minister’s remarks come at a time when the ministry is contending with a GH¢21 billion debt owed to road contractors.
He believes that with disciplined use of the Road Fund, the country's road sector can be strengthened without incurring unsustainable financial burdens.
Meanwhile, the government has released GH¢4 billion to the ministry for onwards payment to contractors.
Latest Stories
-
John Bart Addo declares bid for NPP USA Branch Youth Organiser position
5 minutes -
Global crude gains outpace cedi appreciation as external pressures drive March fuel hike
10 minutes -
Shortage of 10 pesewas coin affects price of sachet water in Koforidua
16 minutes -
Veep to be special guest of honour at 78th Remembrance Day
27 minutes -
GIFF demands independent probe into 18-truck BOE incident, warns against transit policy backlash
35 minutes -
Pump prices set to rise again with petrol up 3.59%, diesel 1.52% in March window
37 minutes -
Why rename Bawumia’s G4R policy and claim it is new? – Gideon Boako questions government
42 minutes -
Government approves payment of military gratuity arrears
44 minutes -
Breathing Death: Health Experts warn of looming crisis as toxic air in illegal mining kills and sickens miners
52 minutes -
Plans underway to power 24-Hour economy – PURC boss assures
59 minutes -
Cocoa farmers demand legal framework to protect industry from political interference
1 hour -
Best farmer drives cashew boom as cocoa production declines
1 hour -
Government unveils fresh crackdown on illegal mining in rivers and forest reserves
1 hour -
Cabinet approves policy to boost Ghana’s foreign exchange reserves
1 hour -
We are now consuming more power than projected – PURC Boss
1 hour
