• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, December 22, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Road Toll Abolishment Will not Have Effect on Road Funds- Oppong Nkrumah

M.Cby M.C
November 19, 2021
Reading Time: 3 mins read
Security situation getting precarious- Oppong Nkrumah

Minister for Information, Kojo Oppong Nkrumah

The Minister for Information, Kojo Oppong Nkrumah, has intimated that the abolishment of road tolls will have no significant effect on the Road Fund.

Speaking on the directive by Parliament for the tolls to be abolished in 2022, he averred that the road tolls contribute only about Ghc78 million to the Road Fund which generates about Ghc1.9 billion annually.

Aside the road toll not contributing much to the fund, Oppong Nkrumah said “only about 30% of vehicles plying our roads pay road tolls which is not a fair representation”.

“We are no more using Road tolls as a mechanism for funding public roads”. 

Kojo Oppong Nkrumah

Oppong Nkrumah revealed that road tolls, Driver Vehicle and Licensing Authority (DVLA) charges and a percentage of taxes on Fuel prices contribute to the Road Fund.

Mr. Kodjo Oppong Nkrumah contributing to how the various workers who manned the toll booth wont be negatively affected indicated that, these workers who are numbering to about 100 would be integrated into sector by the Ministry of Roads and Highways to perform other significant tasks.

Speaking on the 1.75% levy on transactions, Mr. Oppong Nkrumah explained that the value of Mobile Money transactions have increased from about Ghc78.5billion in 2016 to Ghc564 billion in 2020 making it viable for taxation.

RelatedPosts

Calls Grow for Permanent Police Taskforce in Tamale

Mahama Breaks Ground for Sunyani Outer Ring Road & Major Road Projects in Bono Region

Mahama Inspects Takoradi–Agona–Nkwanta Road, Directs $78m Payment to Speed Up Completion

Government Abolishes Road Tolls- Finance Minister Announce
Tema Motorway toll booth
Road ministry’s directive was to intervene chaotic situation

In a related development, The Ministry of Roads and Highways has clarified that its earlier statement decreeing that toll collection be stopped across the country following the abolishment of road and bridge tolls in the 2022 budget, was to intervene in the chaotic situations that occurred at the various booths.

“The Ministry is aware that the statement on the road and bridge tolls by the Minister of Finance as captured under paragraph 306 of 2022 Budget was to the effect that the cessation will be triggered immediately after Parliament approves the budget”.

Ministry of Roads and Highways 
Minister for Roads and Highways Kwasi Amoako Atta
Minister for Roads and Highways, Kwasi Amoako-Atta

The statement by the Roads Minister explained that soon after the Finance Minister announced the abolishment of the toll collection, some motorists misunderstood the announcement and engaged in fisticuffs with toll booth operators.

In order to stop this from degenerating, the statement stated that the ministry issued the earlier directive ordering the suspension of the collection.

ADVERTISEMENT

“It was to avert further unfortunate incidents that the ministry intervened by issuing the directive”.

Ministry of Roads and Highways 

The Ministry clarified that the action was taken to suspend the operationalization of the collection of the tolls and not to suspend the law.

 “The ministry is aware of Parliament’s role in the imposition of taxes and the fixing of levies and charges and in the fullness of time, the appropriate thing would be done”.

Ministry of Roads and Highways 

This clarification follows the directive by the Speaker of Parliament, Alban Bagbin, to the Minister of Roads and Highways, Honorable Kwesi Amoako Atta, to reverse the decision to stop road toll payments in the country. Alban Bagbin indicated that the Minister acted wrongly by issuing such a directive.

Read Also: Ghana to Participate in Global Carbon Markets over the Next Nine Years- Ofori-Atta
Tags: Budget 2022Ghana NewsRoad tollsRoads and HighwaysToll booth
Share4Tweet2Share1SendSend
Please login to join discussion
Previous Post

Telecommunications Chamber hopeful of engagement with government on e-levy

Next Post

SEC Issues Guidelines To Regularize Credit Rating Industry

Related Posts

Dr. Mahama Seth Sayibu, University for Development Studies Lecturer
General News

Calls Grow for Permanent Police Taskforce in Tamale

December 21, 2025
President John Dramani Mahama
General News

Mahama Breaks Ground for Sunyani Outer Ring Road & Major Road Projects in Bono Region

December 21, 2025
President John Dramani Mahama
General News

Mahama Inspects Takoradi–Agona–Nkwanta Road, Directs $78m Payment to Speed Up Completion

December 20, 2025
Hamza Suhuyini, Lawyer and NDC Communicator
General News

Galamsey Standoff: Suhuyini Defends One-Year Timeline as Forest Mining Law is Revoked

December 20, 2025
President John Dramani Mahama
General News

Mahama Unites Africa and Diaspora @Accra Summit: ‘The Future Is Ours to Reclaim’

December 19, 2025
Kwame Krakani, Deputy Executive Secretary of CLOGSAG
General News

CLOGSAG Signals Nationwide Unrest Over Delayed Salary Structure

December 19, 2025
Dr. Mahama Seth Sayibu, University for Development Studies Lecturer
General News

Calls Grow for Permanent Police Taskforce in Tamale

by Silas Kafui AssemDecember 21, 2025
Israel Announces Expansion Of Settlements In Occupied West Bank
Asia

Israel Approves 19 New Settlements In Occupied West Bank

by Comfort AmpomaaDecember 21, 2025
Ghana International Trade and Finance Conference Urges Africa to Ditch Debtor Status and Claim Equal Partnership in Global Economy
Banking

GITFiC Urges Africa to Ditch Debtor Status and Claim Equal Partnership in Global Economy

by M.CDecember 21, 2025
Extractives/Energy

Energy Minister Assures Power Grid Stability Despite Peak Demand

by Prince AgyapongDecember 21, 2025
President John Dramani Mahama
General News

Mahama Breaks Ground for Sunyani Outer Ring Road & Major Road Projects in Bono Region

by Evans Junior OwuDecember 21, 2025
GoldBod Jewellery
Extractives/Energy

GoldBod Jewellery Partners Tourism Authority to Offer Diasporans Dec. Discounts and Gold Keepsakes

by Bless Banir YarayeDecember 21, 2025
Dr. Mahama Seth Sayibu, University for Development Studies Lecturer
Israel Announces Expansion Of Settlements In Occupied West Bank
Ghana International Trade and Finance Conference Urges Africa to Ditch Debtor Status and Claim Equal Partnership in Global Economy
President John Dramani Mahama
GoldBod Jewellery

Recent News

Dr. Mahama Seth Sayibu, University for Development Studies Lecturer

Calls Grow for Permanent Police Taskforce in Tamale

December 21, 2025
Israel Announces Expansion Of Settlements In Occupied West Bank

Israel Approves 19 New Settlements In Occupied West Bank

December 21, 2025
Ghana International Trade and Finance Conference Urges Africa to Ditch Debtor Status and Claim Equal Partnership in Global Economy

GITFiC Urges Africa to Ditch Debtor Status and Claim Equal Partnership in Global Economy

December 21, 2025
Light

Energy Minister Assures Power Grid Stability Despite Peak Demand

December 21, 2025
President John Dramani Mahama

Mahama Breaks Ground for Sunyani Outer Ring Road & Major Road Projects in Bono Region

December 21, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

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
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address