Monday 24 April 2023

How to end outrage of taxpayers paying for poorly constructed roads

Has the time not now come for us to end the monstrosity of taxpayers having to pay for poorly constructed roads that quickly deteriorate, because of the public procurement state-capture rent-seeking kickbacks-scourge,  anaaa, Ghanafuor?

It is amazing that Ghanaian politicians talk endlessly about the private sector being the best growth-engine for transforming Ghana, yet, are unable to cotton on to the fact that we could actually develop a nationwide network of world-class concrete motorways, simply by giving access to low interest longterm capital from pension funds and the insurance industry (at less than 4 percent), to the private sector's best road contractors.

Surely,  giving road contractors the right to own and toll the roads they build, would enable them  to recoup their investments, over a period of say 35 years - and incentivise them yet further with long tax holidays on top of that?

Is that not doable by a potentially rich sub-Saharan nation, populated by wise and aspirational Africans, anaaaa, Ghanafuor - especially as it will spare long-suffering taxpayers from being forced to continuously  pay for poorly constructed roads that quickly deteriorate: as a result of the state-capture rent-seeking public procurement brown envelope  kickbacks-scourge that has ended up bankrupting our homeland Ghana? Eiiii, Oman Ghana - enti y3wiey3 paaa  enie? Asem kesiey3 bi abeba debi ankasaa, oooo. Yooooooo...

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