Audio By Carbonatix
Political Science lecturer at the University of Ghana, Prof Ransford Gyampo has described as ridiculous, government's decision to guarantee vehicle loans for Members of Parliament.
According to him, Members of Parliament (MPs) should be made to bear their own burdens rather than putting same on the shoulders of the State.
"The burden for them to acquire vehicles should be on themselves, it no longer should be something that the nation would guarantee because first of all, I’m not sure that all of them will end up paying,” he said.
Speaking in an interview on JoyNews’ PM Express, he stated that the MPs should be out seeking their own loans in order to pay just like ordinary Ghanaians.
“If it’s a loan, and they [MPs] would pay, then let them go and look for the loan like any ordinary Ghanaian would go seek for loan,” he said.
This comes after the Finance Ministry, on July 7, presented to Parliament, a request by the government for a $28 million loan from the National Investment Bank, to finance the purchase of 275 vehicles for the members of the eighth Parliament.
Per the arrangement, the State will bear 60% of the principal sum and all the interest that will accrue on the loan, while MPs will pay the remaining 40%.
The state will absorb $373,333.33 representing 60% while an amount of $248,888.89 representing 40% will be paid by MPs.
Prof Gyampo indicated that, “politicians have lost the legitimacy to make demands or benefitting from such interventions from the state and from the taxpayers' resources."
According to him, there can’t always be a situation whereby certain cohorts are made beneficiaries of the national purse, whereas others are denied access to it by being put on a waiting list.
Latest Stories
-
From Accra to Toronto: TRiBE Culture Fest maps out global fan experience for 2026 World Cup
3 minutes -
Manso Aboaboso: One health worker; 5,000 lives to save
13 minutes -
McDan Youth Connect deepens community empowerment drive with outreach to Kumasi and Techiman Zongo communities
13 minutes -
Telecel marks 15 years as headline sponsor of 27th TGMA
19 minutes -
Boakye Agyarko wraps up phase one campaign tour, promises to build strong NPP for Bawumia’s 2028 Victory
30 minutes -
Law School entrance exams abolished under new reforms – Dafeamekpor
30 minutes -
Low T-bill rates: Ghana’s true test for banks
36 minutes -
NPP launches research-driven policy engine to provide credible alternative for Ghana
37 minutes -
Jobs, health, energy, education: NPP’s sector committees cover every pain point Ghanaians face
45 minutes -
BoG to establish fintech innovation hubs nationwide
45 minutes -
Bawumia means business: New Policy committees puts NPP ahead of any opposition party in Ghana’s history
48 minutes -
New value for money law to tackle inflated contract costs – Finance Minister
48 minutes -
Weeds overtake idle government-funded cassava processing facility in Assin South amid concerns over stalled 1D1F project
49 minutes -
Review Petroleum Act to secure crude supply for TOR – expert urges
1 hour -
May 9, 2026: GBfoods donates to support 25th anniversary commemoration
1 hour