The African Portal
  • Home
  • General News
    • Health
    • Politics
    • Sports
    • Arts & Entertainment
  • Features & Opinions
  • Science & Technology
  • Fisheries & Maritime
  • Agriculture & Environment
No Result
View All Result
SUBSCRIBE
The African Portal
  • Home
  • General News
    • Health
    • Politics
    • Sports
    • Arts & Entertainment
  • Features & Opinions
  • Science & Technology
  • Fisheries & Maritime
  • Agriculture & Environment
No Result
View All Result
The African Portal
No Result
View All Result
Home General News

Audit of contractor payments saved Ghana from financial losses – Roads Minister

The African Portal by The African Portal
October 14, 2025
in General News
0
Ghana’s Minister for Roads and Highways, Kwame Governs Agbodza

Ghana’s Minister for Roads and Highways, Kwame Governs Agbodza

0
SHARES
Share on FacebookShare on Twitter

ACCRA, Oct 14 (The African Portal) – Ghana’s Minister for Roads and Highways, Kwame Governs Agbodza, says an audit of contractor payments helped the government prevent major financial losses.

You might also like

Govt repatriates 327 Ghanaians displaced by Abidjan demolitions

Dr Donkor named recipient of prestigious African development finance leadership award

School closures spread after fresh bandit attack

His comments follow concerns from the Ghana Chamber of Construction Industry (GhCCI) about delays in releasing funds for outstanding Interim Payment Certificates (IPCs).

The Chamber had earlier warned that the prolonged delays were threatening thousands of jobs and stalling key infrastructure projects across the country.

In a letter dated September 29, 2025 and addressed to the minister, the Chamber expressed frustration over what it described as the government’s failure to honour President John Dramani Mahama’s pledge to clear all outstanding payments by the end of July 2025.

It said the delays had caused severe financial strain on contractors, consultants, suppliers, and other industry players.

Speaking on Citi FM’s Breakfast Show on Tuesday, Mr Agbodza said the ministry had taken time to thoroughly review and validate all certificates submitted by contractors during the transition period to ensure accuracy and accountability.

He disclosed that about GHS 5 billion had been paid to contractors after the completion of the audit and validation process.

“As of Friday, October 10, the Finance Minister started paying GHC5 billion owed to contractors out of the over GHC21 billion. The process was that the payment request may not be as it is,” he said.

He added: “The Auditor General and others carried out some validation of payments. If we had rushed to pay, we would have thrown away part of your money. Because during the validation, the amount we were told we owed is not exactly so.”

The minister said the size of arrears had grown significantly compared to the figures provided by the previous Akufo-Addo administration.

“At the time of transition, the previous government told us that the bills unpaid for contractors at the Government of Ghana (GoG) were GHC21 billion; today, I know it’s far more than that. The road fund indebtedness, they told us, was GHC5.1 billion,” he said.

He continued: “Today, I’m told it’s over GHC8 billion. GHC120 billion worth of projects were awarded, some of which didn’t even have commencement certificates. They didn’t even have an idea how the contractors were going to work. Indeed, some of the contractors never turned up on site since 2022 when the contract was awarded.”

Mr Agbodza said he had met with contractors and given assurances of the government’s commitment to settle the arrears.

“And we assured them that the government was going to work to make sure that we make payments to projects duly executed. Since then, the Finance Minister has been to Parliament to present the 2025 budget statement, and they have committed a certain amount of money to retire arrears.

“It is part of the arrears that led to the payment of over GHC800 million towards the Ofankor project, and we have seen the contractor back on site,” he said.

Author

  • The African Portal
    The African Portal

Tags: Ghana Chamber of Construction IndustryKwame Governs Agbodza
ShareTweet
The African Portal

The African Portal

Recommended For You

Govt repatriates 327 Ghanaians displaced by Abidjan demolitions

by The African Portal
June 12, 2026
0
Govt repatriates 327 Ghanaians displaced by Abidjan demolitions

The Government has begun repatriating 327 Ghanaian nationals left stranded in Côte d’Ivoire following a demolition exercise carried out by authorities in the Port Bouët Municipality of Abidjan....

Read moreDetails

Dr Donkor named recipient of prestigious African development finance leadership award

by The African Portal
June 12, 2026
0
Dr Donkor named recipient of prestigious African development finance leadership award

The ECOWAS Bank for Investment and Development (EBID) has announced that its President and Chairman of the Board of Directors, Dr George Agyekum Donkor, has been named as...

Read moreDetails

School closures spread after fresh bandit attack

by The African Portal
June 11, 2026
0
School closures spread after fresh bandit attack

Schools in some parts of the country closed early on Wednesday as fears of bandit attacks spread. The schools were hurriedly shut down following an attack by bandits...

Read moreDetails

More floods loom for Accra as Meteo predicts heavy June rains

by The African Portal
June 10, 2026
0
Accra's floods

The Ghana Meteorological Agency (GMeT) has warned that Accra faces heightened flood risk this June, with rainfall totals projected between 100 and 150 millimetres across the Coastal Zone....

Read moreDetails

Mozambique: Food inflation could reach 12%, economist warns — AIM report

by The African Portal
June 10, 2026
0
Mozambique: Food inflation could reach 12%, economist warns — AIM report

Daniel Egas, one of Mozambique’s prominent economists, believes that the country’s food inflation may reach 12% in the coming months as a result of macroeconomic pressures and weaknesses...

Read moreDetails
Next Post
On October 13, all remaining surviving Israeli hostages were released by Hamas

Fact check: Disinformation surges amid Gaza ceasefire

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Agriculture & Environment
  • Arts & Entertainment
  • Featured
  • Features & Opinions
  • Fisheries & Maritime
  • General News
  • Global News
  • Health
  • Politics
  • Science & Technology
  • Sports
  • Videos

About The African Portal

  • About
  • Advertise with Us
  • The Editor

CATEGORIES

  • Agriculture & Environment
  • Arts & Entertainment
  • Featured
  • Features & Opinions
  • Fisheries & Maritime
  • General News
  • Global News
  • Health
  • Politics
  • Science & Technology
  • Sports
  • Videos

BROWSE BY TAG

News Events Sports 2026 World Cup qualifiers

© 2025 The African Portal

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

Add New Playlist

Powered by
...
►
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
►
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
►
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
►
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
►
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
None
Powered by
No Result
View All Result
  • Home
  • General News
    • Health
    • Politics
    • Sports
    • Arts & Entertainment
  • Features & Opinions
  • Science & Technology
  • Fisheries & Maritime
  • Agriculture & Environment

© 2025 The African Portal

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?