The Ashanti Region GREDA president, Frank Aboagye Danyansah, says the average Ghanaian will be the hardest hit if the Saglemi Affordable Housing Project is placed on the private market.

According to him, it is unfathomable that government will simply want to push such a proposal when there are many Ghanaians without a decent place to lay their heads.

This comes as the NPP administration ditches the Saglemi Housing Project for a new one after describing it as a poorly thought out initiative that has failed to deliver habitable homes after $200 million was sunk into it.

"What is PPA saying, that they gave been given the mandate by Cabinet to offset the property, meaning to sell it? Ghanaians will be the utmost losers," he said on Wednesday.

Speaking on Joy FM, Frank explained that an outright sale to private hands will cut out the whole rationale of alleviating the plight of the less privileged in the country.

He was contributing to a discussion on the Super Morning Show regarding the feasibility analysis of the Saglemi project.

"Wouldn't I be happy if I want to take a property because I'm looking for the best return on my investment? But as a Ghanaian, this is not tenable for the development of our country, and I am kicking against the sale of Saglemi outright. Somebody somewhere is planning something that we don't know. At the end of the day, a buyer somewhere will come and buy it.

Rather, he wants the government to consider a comprehensive workable mortgage structure.

He argued that the mortgage component must be attached to the composite agreement so that when the investor comes in it will be in the form of equity funding.

"I have challenged anyone, including the Works and Housing Minister, that if he thinks that he has enough evidence to say we should sell, I and my team have enough evidence to debate him, that we should not sell Saglemi. And for that matter, investors are willing to come and pump in money if it is an equity funding partnership and not an outright purchase."