Audio By Carbonatix
The Minister of Transport, Collins Dauda says a loan agreement to provide funds for the reactivation of the existing rail network will soon be placed before cabinet for consideration.
According to him, the project should result in a major transformation of the road-transport-dominated sector which is over-burdened because of the virtual collapse of the rail industry particularly the Accra-Nsawam and Kumasi lines.
Collins Dauda would however not disclose details of the loan agreement.
He said once cabinet approves the facility, “we will proceed to have the loan agreement ratified by Parliament, then we will access the facility and go through the procurement process of getting contractors to start working on the railway network.”
Alhaji Dauda believes a functioning railway system will help decongest the country’s roads and reduce accidents.
Source: Joy News/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Zelensky says peace deal is 90% ready in New Year address
57 minutes -
Fireworks, faith, and flashlight vigils usher in 2026 across Ghana
2 hours -
Mahama calls for prosperity, peace and progress in New Year Message
3 hours -
Côte d’Ivoire stun Gabon with last-minute 3–2 thriller to top Group F
5 hours -
Ho zongo community slams REGSEC over two-week mosque closure
6 hours -
AFCON Round of 16: Senegal, DR Congo win big to advance
6 hours -
Tema police foil armed robbery attempt at Afienya; Four suspects killed
6 hours -
Two dead, two in custody over fatal family land feud
7 hours -
Anthony Joshua discharged from hospital after fatal road crash
7 hours -
Trump media firm to issue new cryptocurrency to shareholders
7 hours -
Ebo Noah arrested over failed Christmas apocalypse and public panic
9 hours -
‘Ghana’s democracy must never be sacrificed for short-term politics’ – Bawumia
9 hours -
Bawumia congratulates Mahama but warns he “cannot afford to fail Ghanaians”
9 hours -
CICM backs BoG’s microfinance sector reform programme; New Year Debt Recovery School comes off January-February 2026
9 hours -
GIPC Boss urges diaspora to invest remittances into productive ventures
9 hours
