Audio By Carbonatix
A member of the Ghana RoadFund management board, Professor Mohammed Salifu said the RoadFund remains the only viable way of raising adequate resources for the crucial task of road maintenance, adding, a lot must be done to improve the revenue of the fund.
He stated this at a forum organized at Wa by the RoadFund Management Board in collaboration with the RoadFund secretariat for its stakeholders.
The objective of the forum is to coordinate and ensure total accountability of the Fund and also to encourage stakeholders to support revenue mobilization and vigilance as well as effective use of resources.
Prof. Mohammed Salifu said since the inception of the fund in 1985, it has chalked lots of successes with particular reference to the last decade were the Fund averagely bagged one hundred million US Dollars (US 100 $MILLION) from tolls and levies collected to undertake road maintenance in the country.
Despite the success chalked, the Ghana RoadFund management member said it is facing some challenges which include the unrestrained awards of contract by agencies outside approved budgets; poor project or contract management by agency staff which sometimes results in the fund not getting value for the money spent and seeming preference of expensive upgrading to the neglect of core maintenance activities.
He said the board is also challenged with the issue of significant number of motorists-40 per cent of them- converting from fuel to Liquefied Petroleum Gas (LPG) in to order evade the petroleum levy.
He added that about GHC250Million is required for adequate maintenance of roads every year but that has not been the case, citing 2010 where they had GHC182.24.
Prof. Salifu suggested that the sources of revenue for the fund should be diversified and called for the expansion of the fuel levy to cover LPG by vehicles.
He also suggested that a strong political leadership is required to enhance the fuel levy, stating that for starters it can be raised to equal of 9 cents/litres.
To ensure budget discipline by road agencies, he said the board has instructed that ‘‘no objection’’ approbation be obtained before any project is initiated outside the approved budget.
The Ghana RoadFund Management member affirmed the board’s unequivocal commitment to prudently manage the fund to ensure its sustainability and that Ghanaians and motorists get value for the monies spent out of the Fund.
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
-
Ibrahim Mahama’s Engineers & Planners contributed GH¢16m as gov’t spent GH¢33.72m on SA evacuation
11 minutes -
Errand boy linked to murder of Dr Jesse Amuah, wife deported from Dubai
18 minutes -
New cost-sharing model for Digital TV broadcasters to take effect in 2027
46 minutes -
Poor English, Maths performance shows Ghana’s literacy crisis – Dr Peter Anti
48 minutes -
Ghana’s SIM registration history from 2010 to the new biometric verification system
1 hour -
Police arrest dozens, recover weapons in nationwide anti-robbery operations
1 hour -
Parents cautioned against fraudsters promising SHS placement changes
1 hour -
Selecting schools after results a backward approach – Abuakwa MP
1 hour -
Ransford-Yeboah Königsdörffer scores on emotional return as Mainz hammer Hamburg 5-0
1 hour -
Xenophobic attacks: Ghana spent GH¢49.72m evacuating 1,900 citizens from South Africa
1 hour -
A rising number of women have never been screened for cervical cancer. Here are the risks
2 hours -
Ghanaian youngster Sam Amo-Ameyaw scores brace in Strasbourg’s big win
2 hours -
2026 U-20 WWC: ‘We have a chance to recover from opening defeat’ – Charles Sampson
2 hours -
‘Social media language’ in classrooms not on our blind side – Education Ministry
2 hours -
Republic Bank, UPSA sign MOU to strengthen staff skills and industry-academia collaboration
2 hours