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...
Monday, 24 April 2023
How to end outrage of taxpayers paying for poorly constructed roads
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