Audio By Carbonatix
The Ministry of Transport Joseph Nikpe Bukari has dismissed allegations from the Minority in Parliament that it overspent its 2025 capital expenditure by nearly GH¢10 million.
Addressing the media, the Ministry clarified that the funds referenced by the Minority had been approved by the Ministry of Finance and were used to service loans contracted under the Akufo-Addo administration for the construction of Ghana Maritime Authority (GMA) office complexes in Tema, Accra, and Takoradi.
The Transport Minister emphasised that the Ministry acted lawfully and in accordance with the Public Financial Management Act.
“The Ghana Maritime Authority in 2021-2022 contracted some loans from Ecobank and other financial institutions, but the repayment wasn’t catered for in the budget. So the Ghana Maritime Authority wrote to me asking me to do the same to the Minister for Finance to allow us to service the loan that they contracted,” he explained.
“The loan that they took to build the Tema office block, the Accra office, and the Takoradi office. So we were rather making provisions to continue with the construction of the project that they took money for and couldn’t finish,” the Minister added.
Minister Bukari further stressed that claims of overspending were unfounded.
“It is not that we overspend. In any case, if you are not approved for any amount of money, you don’t have it in the first place. So how do you overspend? It was within our budget, and the Public Financial Management Act section 32 allows any other spending officer to write to the Minister of Finance to make a payment for you to cater for your daily operations,” he said.
Latest Stories
-
Africa must become a destination for investment, not aid — Deputy Finance Minister
27 minutes -
Regulation by invoicing: Systemic flaws in NITA’s licensing push and threat to Ghana’s digital trust
31 minutes -
‘I’m sick and tired of this country’ – Ghanaian in South Africa pour out frustrations at meeting with Foreign Affairs Minister
55 minutes -
‘Mum’s dementia means I live in the moment with her’
1 hour -
Energy Commission champions Clean Energy Transition
1 hour -
International Day of the Boy Child marked in Accra
2 hours -
BoG losses will not recur at last year’s scale — Governor Asiama assures
2 hours -
Without trust, digital finance is just technology – BoG Governor
2 hours -
Mental disorders increase by 95.5% globally since 1990 – Study
2 hours -
See the areas that will be affected by ECG’s planned maintenance on May 25
2 hours -
Fire destroys six-bedroom house in Koforidua
4 hours -
Government deploys armoured buses disguised as VIP, STC and OA coaches to fight highway robberies
4 hours -
GES director raises alarm over 300 teacher deficits in the Asutifi North District
4 hours -
Ghana’s Isaac Nii Ayetey Tagoe wins bronze at Oran World Para Powerlifting 2026
6 hours -
FHU alumnus launches medical textbook
6 hours