• About Us
  • Contact Us
Account
GTB
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
No Result
View All Result
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
No Result
View All Result
Account
Ghana Talks Business
No Result
View All Result

Roads Ministry justifies the need for increased road toll in Ghana

25/04/2019
Reading Time: 2 mins read
toll_booth
405
SHARES
Share on FacebookShare on TwitterShare on WhatsApp

The Ministry of Roads and Highways has sent a proposal to Cabinet for an increment in road tolls to help increase revenue for the road fund.

According to the Sector Minister, Kwasi Amoako Attah, the increment was needed to help improve the cash flow into the road fund so as to be able to pay contractors.

“As at now, I have sent a memo to Cabinet asking for an increase in the tolls all aimed at trying to improve revenue base and to improve the cash flow into the road fund so that the road fund board chairman and his board members will cease to sweat.”

Speaking at the Ghana Highway Authority 2019 board and management retreat, he also said an increment was needed “so that our contractors can be paid and we can finance the road infrastructure that we want to give to our people and our country.”

Describing the current state of many toll booths as “so filthy”, the Minister said, “we are not getting the expected revenue out of the toll booths.”

Minister disclosed that, after a survey, his Ministry has become aware of the fact that “we are losing a minimum of 40 per cent [revenue], maximum 80 per cent revenue from our toll booths.”

There are 35 tollbooths in the country.

Plans are in place to automate all toll booths in the country, but only 4 out of the 35 toll booths had so far been automated.

The four are the Ngleshie Amanfrom, Accra Plaza, Tema Plaza and the Amasaman booths.

The automation is envisioned to increase the toll booth contribution to the road fund.

ALSO READ: Parliament approves US$646.63 Sinohydro deal for roads development

As of now, the highest contributor to the road fund is the fuel levy.

The Ghana Highway Authority (GHA) raked in GHc1.8 million in 2018 from the toll booths constructed on highways across the country.

ghanatalksbusiness

Previous Post

World Bank gives Ghana, others $200m for electricity

Next Post

What next for the Savings & Loans Sector; An Interview with the President of GHASLC

Related Posts

Government road contractors, ghanatalksbusiness.com

Government sets new date to pay local road contractors in Ghana

07/10/2019
kumasi_roads

Gov’t releases GHS43.1 million for GIMPA, Teshie, other roads

26/07/2019
kumasi_roads

Government secures US$81.67 million loan for Eastern corridor roads

02/07/2019
toll_booths_in_Ghana

OFFICIAL: Roads Ministry to privatise toll booth operations in Ghana by end of May

13/05/2019
Accra-Tema_ Motorway

BPS reveals ‘very disturbing developments’ about 54 year old Accra-Tema Motorway

15/04/2019
roads_in_africa

Top 5 African countries with the best quality roads

09/01/2019
Next Post
savings-and-loans

What next for the Savings & Loans Sector; An Interview with the President of GHASLC

stanbic_bank

The Current Policy Rate: An opportunity for Businesses to Expand – Stanbic bank MD

  • About Us
  • Disclaimer
  • Privacy Policy
  • Advertising
  • Contact Us

© 2021 Ghana Talks Business

No Result
View All Result
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
  • Login

© 2021 Ghana Talks Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In