• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, August 27, 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

Foreign Ministry’s €116m Budget For Redevelopment Of AICC Rejected

December 21, 2022
Stephen M.Cby Stephen M.C
in General News
0
The Test Of Viability On E-levy Will Come Up At The Next Election- NPP

Parliament.

The Ministry for Foreign Affair’s plan to raise an amount of €116 million to reconstruct the Accra International Conference Center (AICC) has been rejected by the minority caucus in Parliament.

The Minority raised concerns at the committee hearing on Wednesday, December 21, 2022, which resulted in a rejection of the plan by the House.

Ranking Member on the Foreign Affairs Committee, Samuel Okudzeto Ablakwa, indicated that the project is not a necessity in this current harsh economic climate. He noted that the reconstruction of the AICC has not been listed among the essential projects for the Ministry under 2023, a reason for the rejection of the budget.

RelatedPosts

IMANI Pushes Retail Reform Amid Policy Shift

Judiciary not Under Attack: NDC Chairman Denies Plot to Oust CJ

High Commissioner Eyes Return of South African Retail Giants, Ambassadors to Face KPIs

“As we have noted in our report, some members of the Committee expressed their inability to support the reconstruction of the Accra International Conference Centre because of the distressed nature of the current economy. They again argue that the reconstruction of the AICC has not been captured in the list of essential projects of the Ministry of Finance for the year 2023.”

Samuel Okudzeto Ablakwa

The Foreign Affairs Committee has therefore recommended that the Ministry produces the report of the feasibility studies and the structural integrity of the AICC to inform the future decision of the project.
The North Tongu MP explained that the Minority will not support the redevelopment of the AICC when the feasibility reports, value for money report and structural integrity report on the project have not been provided.

Mr Ablakwa also described as unnecessary, the plan of the Ministry to open new embassies around the world.

“We do not think that it is a great idea at this time to be opening a new diplomatic mission in Jamaica, Trinidad and Tobago and in Mexico as has been programmed for projects to be executed in 2023. We have conveyed our strong objection to this plan by the Ministry.”

Samuel Okudzeto Ablakwa

Budgetary allocation for national cathedral rejected

Meanwhile, the Minority members on the Trade, Industry and Tourism Committee of Parliament has won by a majority decision to reject the GH¢80 million additional budgetary allocation for the Ministry of Tourism, Arts and Culture for the National Cathedral of Ghana.

According to Ranking Member on the Committee, Emmanuel Armah-Kofi Buah, officials of the Ministry failed to convince them about the allocation and also account for the over GH¢300 million already spent on the project. He indicated that officials of the Ministry of Finance could also not give ample reason for the allocation.

The Minority members on the Committee, therefore, called for voting to decide the matter. As at the time of voting, the minority were more than the Majority members and won by an 11-10 majority votes.

Nonetheless, the other allocations of the Ministry of Tourism, Arts and Culture were approved.

“We asked for a vote, and I think today God was on the people of Ghana’s side. We voted and we were in the majority.”

Emmanuel Armah-Kofi Buah

The Member of Parliament for Ellembelle Constituency, however, expressed concerns that the Majority may use their numbers to overturn this decision when it gets to the plenary. He assured, Ghanaians should be content that no more funds will be pumped into the controversial project from the government coffers.

READ ALSO: Sammy Gyamfi Ties The Knot With Girlfriend, Irene

Tags: AICCBudgetary allocationGhana NewsNational ctathedral
Please login to join discussion
Previous Post

Economy Expands Marginally By 2.9% In Q3 2022, Slowest Rate In Two Years

Next Post

High Powered British Delegation Visits Japan Motors’ Nissan Assembly Plant

[mc4wp_form id="1264"]

Related Posts

Harris’ Debate Performance Hailed
USA

Trump Imposes 50% Tariff On India Over Russian Oil Imports

August 27, 2025
I’m Not Sure What My Life Would Have Been Like If I Hadn’t Been A Blogger – Zionfelix
Entertainment

Bloggers Urged to Master Modern Digital Skills

August 27, 2025
Retail reform in Ghana
General News

IMANI Pushes Retail Reform Amid Policy Shift

August 27, 2025
National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketiah
General News

Judiciary not Under Attack: NDC Chairman Denies Plot to Oust CJ

August 27, 2025
Energy Minister Calls for Bold Partnerships to Finance Africa’s Energy Transition 
Extractives/Energy

Energy Minister Calls for Bold Partnerships to Finance Africa’s Energy Transition 

August 27, 2025
Rihanna’s Fenty Beauty Sponsors WNBA’s New York Liberty
Fashion

Rihanna’s Fenty Beauty Sponsors WNBA’s New York Liberty

August 26, 2025
Harris’ Debate Performance Hailed
USA

Trump Imposes 50% Tariff On India Over Russian Oil Imports

by Comfort AmpomaaAugust 27, 2025
I’m Not Sure What My Life Would Have Been Like If I Hadn’t Been A Blogger – Zionfelix
Entertainment

Bloggers Urged to Master Modern Digital Skills

by Esther Korantemaa OffeiAugust 27, 2025
Retail reform in Ghana
General News

IMANI Pushes Retail Reform Amid Policy Shift

by Lilian AhedorAugust 27, 2025
National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketiah
General News

Judiciary not Under Attack: NDC Chairman Denies Plot to Oust CJ

by Evans Junior OwuAugust 27, 2025
Energy Minister Calls for Bold Partnerships to Finance Africa’s Energy Transition 
Extractives/Energy

Energy Minister Calls for Bold Partnerships to Finance Africa’s Energy Transition 

by Prince AgyapongAugust 27, 2025
Rihanna’s Fenty Beauty Sponsors WNBA’s New York Liberty
Fashion

Rihanna’s Fenty Beauty Sponsors WNBA’s New York Liberty

by Esther Korantemaa OffeiAugust 26, 2025
Harris’ Debate Performance Hailed
I’m Not Sure What My Life Would Have Been Like If I Hadn’t Been A Blogger – Zionfelix
Retail reform in Ghana
National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketiah
Energy Minister Calls for Bold Partnerships to Finance Africa’s Energy Transition 
Rihanna’s Fenty Beauty Sponsors WNBA’s New York Liberty
[/vc_row_inner]

Recent News

  • Trump Imposes 50% Tariff On India Over Russian Oil Imports
  • Bloggers Urged to Master Modern Digital Skills
  • IMANI Pushes Retail Reform Amid Policy Shift
  • Judiciary not Under Attack: NDC Chairman Denies Plot to Oust CJ
  • Energy Minister Calls for Bold Partnerships to Finance Africa’s Energy Transition 
The Vaultz News

Copyright © 2021 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 © 2021 The Vaultz News. All rights reserved.