• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, August 24, 2026
  • 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
in General News

Adongo Criticizes Government Proposal To Secure $150M Loan To Dredge Odaw River

Evans Junior Owuby Evans Junior Owu
March 12, 2024
Reading Time: 3 mins read
Add as Preferred on Google
Chairman of Parliament’s Economy Committee and Member of Parliament for Bolgatanga Central, Hon. Isaac Adongo,

Chairman of Parliament’s Economy Committee and Member of Parliament for Bolgatanga Central, Hon. Isaac Adongo,

The Member of Parliament for Bolgantanga Central Constituency and Ranking Member of the Finance Committee of Parliament, Isaac Adongo has strongly criticized the ruling New Patriotic Party administration’s proposal to secure $150 million loan facility for the dredging of the Odaw River in the Greater Accra Region.

The National Democratic Congress Member of Parliament for Bolgatanga Central, while criticizing the government’s mismanagement of an initial $200 million loan for the project, highlighted the philanthropic effort undertaken several years ago by Ibrahim Mahama, the Chief Executive Officer of Engineers and Planners, who utilized his resources and company to dredged the Odaw River without taken any money from the state.

The Honorable Isaac Adongo accused the ruling New Patriotic Party of politicizing the Chief Executive Officer for Engineers and Planners, Mr Ibrahim Mahama’s efforts at the time, only to now come forth requesting a substantial loan amounting to $150 million for the same purpose.

He called upon the Majority Caucus in Parliament and the governing New Patriotic Party to apologize to the Chief Executive Officer of the Engineers and Planners, Ibrahim Mahama for his previous pro bono work on the Odaw River.

ADVERTISEMENT

“Mr. Speaker like the Pontius Pilate, I completely wash my hands off this. Mr. Speaker, this will be a decision of the house and not a decision of Isaac Adongo”.

Isaac Adongo, MP Bolgatanga Central

Furthermore, the Ranking Member of Parliament’s Committee on Finance questioned the necessity of the loan when the government has yet to demonstrate any tangible results from the previous $200 million allocated for the project.

Honorable Isaac Adongo expressed deep concerns about the lack of transparency regarding the allocation and utilization of the previous funds, emphasizing that such conduct undermines the tenant of good governance.

Minority Rejects $150M Loan Facility

Moreover, Honorable Isaac Adongo stated that the National Democratic Congress Minority Caucus in Parliament cannot support the approval of the $150 loan facility given the fact that an initial $200 million approved for the same project could not be accounted for.

He described the loan agreement for the $150 for the continuation of the dredging of the Odaw River as a “heinous infliction’ of mismanagement of public funds as well as a “reckless” activities of the contractor of the project.

Odaw River
The Odaw River

In response to Mr Adongo’s allegations, the Majority Caucus in Parliament defended the necessity of the loan facility, emphasizing the critical importance of addressing the environmental challenges posed by the Odaw River, particularly during rainy seasons.

ADVERTISEMENT

The Majority Caucus in Parliament pledged to provide comprehensive reports detailing the utilization of previous funds and assuring transparency in the management of future allocations.

Meanwhile, the approval of the loan facility was however deferred for further engagement between the finance committee and leadership of the committee on Works and Housing which has oversight of the project.

It is recalled that the government secured $200 million in funds from the World Bank to dredge the Odaw River for five years in the year 2021.

ADVERTISEMENT

The former Minister for Works and Housing and current Minister of Roads and Highways, Francis Asenso-Boakye, disclosed this during an inspection of the works on the Odaw drain with the Member of Parliament for Klottey Korle, Dr. Zanetor Rawlings in May 2021.

The former Minister of Works and Housing further emphasized that the re-engineering works on the drain would address perennial flooding challenges and help bring relief to residents in flood-prone communities close to the drain in Greater Accra when completed.

READ ALSO: ECG Threatens To Disconnect Power To Over 90 Hospitals, Calls For Action

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Engineers and PlannersHon. Isaac Adongoibrahim mahamaMinority Caucus in ParliamentOdaw River Basin area
Please login to join discussion
Previous Post

No Agreement Reached Between Israel And Hamas In Gaza Truce

Next Post

Mr. Logic Criticizes MUSIGA

Related Posts

Bagre Dam
General News

Bagre Dam Spillage: Region Ready For Possible Flooding, Minister Reveals

August 23, 2026
Ablakwa hands the Ministry of Foreign Affairs report envelope to President Mahama, formally closing out the committee's mandate ahead of Ghana's 2027 AU chairmanship.
General News

Expert Committee Submits Reports to Mahama Ahead of AU Chairmanship

August 23, 2026
Minority Leader Hon. Alexander Afenyo-Markin
General News

Afenyo-Markin Stands Firm on “GoldBod Losses”, Threatens Legal Action

August 23, 2026
Professor Ernest Kofi Davis,Director-General of the Ghana Education Service
General News

GES urges Teachers to Ignore Requests for Salary Adjustment Letters

August 23, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Stonebwoy and Mellissa

Mellissa and Stonebwoy Unveil Stunning ‘Show Me’ Music Video

August 24, 2026
Companies Told to Prepare for New ESG Reporting Era

Companies Told to Prepare for New ESG Reporting Era

August 23, 2026
Josko Gvardiol

Gvardiol’s Late Strike Ends Bournemouth’s 18-Games Unbeaten Streak

August 23, 2026
Energy Commission and the delegation from Nigeria

Ghana Shares Energy Efficiency Lessons With Nigeria

August 23, 2026
GFZA Officials Witness the Signing of a New Investment Agreement at the Launch of the 2025 Annual Investment Report in Accra

GFZA Joins Launch of 2025 Annual Investment Report to Boost Ghana’s Investment Drive

August 23, 2026
ADVERTISEMENT
Next Post
Mr. Logic

Mr. Logic Criticizes MUSIGA

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.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.