• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, July 17, 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

Kofi Nkansah Calls Out DVLA Chief on Revenue Realities

April 9, 2025
Lilian Ahedorby Lilian Ahedor
in General News
0
DVLA

DVLA

The Driver and Vehicle Licensing Authority’s (DVLA) newly appointed Chief Executive, Julius Neequaye Kotey, has come under fire from former NEIP CEO Kofi Ofosu Nkansah, who accuses him of making “deceptive pronouncements” about the Authority’s revenues.

According to the National Entrepreneurship and Innovation Program (NEIP) CEO, recent media engagements by the DVLA boss have been not only unfortunate but also misleading and problematic at best.

At the heart of Nkansah’s concern is the claim that the DVLA is a revenue collection agency that operates at a structural disadvantage. 

RelatedPosts

NPP Conference To Focus On Party Reforms

Kwakye Ofosu Defends Mahama’s Fuel Cut for Appointees, Slams NPP’s Criticisms

NPP Collapsed Every Energy Agency – Energy Ministry Spokesperson

“Yes, the DVLA, as a revenue collection agency, charges for every service it renders to the public. Indeed, its charges are legislated by parliament through the Fees and Charges (Miscellaneous Provisions) Act.” 

Kofi Ofosu Nkansah

However, these charges, Nkansah pointed out, are insufficient to cover the actual cost of services rendered. Worse still, the DVLA has to surrender significant portions of its revenue to the government. 

“Until recently, 40% of all revenue from driver license services was being paid to the government’s chest,” he said, noting that the Authority was left with only 60% to run its operations.

Kofi Ofosu Nkansah on DVLA
Kofi Ofosu Nkansah

Even more alarming is the financial arrangement tied to vehicle-related services. “DVLA is required to pay 85% of all its revenue from vehicle-related services (registration, road worthy [document], etc) to the Road Fund and retain only 15%.”

DVLA Operates At a Loss 

Furthermore, Kofi Nkansah explained that the structure of DVLA’s financial operations forces the authority to run at a loss, often relying on revenue from unrelated services to bridge the gap.

Over time, he noted, the authority has been unable to recover the full cost of delivering its core services, resulting in borrowing from banks and dependence on supplier credit to stay afloat.

He also revealed that various attempts were made by previous administrations to reverse the situation through engagements with the Ministry of Finance, all of which proved futile.

Against this backdrop, he believes that Mr. Kotey’s recent narrative about financial mismanagement at the Authority is disingenuous. 

“Unfortunately, the young Chief Executive, who is aware of these facts, presented the situation as though it was a case of mismanagement.” 

Kofi Ofosu Nkansah
Julius Neequaye Kotey holds the reigns for the DVLA
Julius Neequaye Kotey, DVLA Boss

Nkansah went further, questioning Mr. Kotey’s apparent shock at discovering DVLA’s financial situation. “If he is surprised at the figures he’s seeing, then I bet he would have collapsed if he took over management in 2017.” 

The most striking aspect of Nkansah’s statement centers on a longstanding legal battle between a supplier and the DVLA, dating back to President John Mahama’s first term. 

At the heart of the case is a GHS 100 million judgment debt. Nkansah criticized the current DVLA leadership, arguing that rather than pursuing the case to shield the authority from a potentially crippling financial blow, the young Chief Executive has instead taken to the airwaves, publicly discussing and promoting the issue.

Accordingly, he hinted at possible political interference, suggesting that the supplier involved has close ties to the Chief Executive’s influential mentor, Ibrahim Mahama. 

He implied that this connection could be influencing how the matter is being handled.

DVLA’s Operations, Leadership Critiqued 

Kofi Nkansah also took issue with some of the touted reforms under the new leadership, including a proposed 24-hour shift system and claims about poor infrastructure at DVLA’s head office. 

According to him, “the DVLA’s printing team has been running shifts since 2020.…nothing new.”

DVLA ghana
DVLA-Ghana

In what reads like a parting shot and an unsolicited piece of career advice, Nkansah urged Mr. Kotey to focus. “My advice to the young man, Mr. Julius Neequaye Kotey, is to get serious and focus on the task of managing one of Ghana’s finest state institutions.” 

He added that the new Chief Executive has a golden opportunity to write his name in gold but warned that media gimmicks will not help. “The earliest he sat down to work, the better it would be for him and the Government he serves.”

While it’s not unusual for incoming executives to highlight challenges inherited from their predecessors, Nkansah’s argument strikes at the heart of Ghana’s broader public service narrative: perform, don’t posture. 

If the goal is truly to change the narrative, leaders of public institutions and agencies must go beyond rhetoric—they need to deliver results through concrete action.

READ ALSO: GSE Records Tepid Trading Session with Ghana Oil Company as Sole Gainer

Tags: DVLADVLA ManagementGhana Public ServiceJulius KoteyKofi Ofosu Nkansah
Please login to join discussion
Previous Post

Davido Renounces Infidelity, Promises Monogamy

Next Post

Experts Push Government to Adopt Nanotech Energy Solutions 

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Akuapem Poloo Reveals Her Source of Survival
Entertainment

Akuapem Poloo Reveals Troubling Black Stars Encounter

July 17, 2025
Ministers Face Heat Over Afghan Data Leak
UK

Ministers Face Heat Over Afghan Data Leak

July 17, 2025
Lithium
Extractives/Energy

GoG Reviews Atlantic Lithium Lease as Global Price Decline 

July 17, 2025
NPP Delegates' Conference for reform
General News

NPP Conference To Focus On Party Reforms

July 17, 2025
Non-Oil Sector Emerges as Ghana’s Secret Weapon for Long-Term Stability
Economy

Non-Oil Sector Emerges as Ghana’s Secret Weapon for Long-Term Stability

July 17, 2025
Zelenskyy Calls For Meeting With Trump, Putin
Europe

Ukraine To Expand Domestic Arms Production

July 17, 2025
Akuapem Poloo Reveals Her Source of Survival
Entertainment

Akuapem Poloo Reveals Troubling Black Stars Encounter

by Esther Korantemaa OffeiJuly 17, 2025
Ministers Face Heat Over Afghan Data Leak
UK

Ministers Face Heat Over Afghan Data Leak

by Lawrence AnkutseJuly 17, 2025
Lithium
Extractives/Energy

GoG Reviews Atlantic Lithium Lease as Global Price Decline 

by Prince AgyapongJuly 17, 2025
NPP Delegates' Conference for reform
General News

NPP Conference To Focus On Party Reforms

by Lilian AhedorJuly 17, 2025
Non-Oil Sector Emerges as Ghana’s Secret Weapon for Long-Term Stability
Economy

Non-Oil Sector Emerges as Ghana’s Secret Weapon for Long-Term Stability

by Stephen M.CJuly 17, 2025
Zelenskyy Calls For Meeting With Trump, Putin
Europe

Ukraine To Expand Domestic Arms Production

by Comfort AmpomaaJuly 17, 2025
Akuapem Poloo Reveals Her Source of Survival
Ministers Face Heat Over Afghan Data Leak
Lithium
NPP Delegates' Conference for reform
Non-Oil Sector Emerges as Ghana’s Secret Weapon for Long-Term Stability
Zelenskyy Calls For Meeting With Trump, Putin
[/vc_row_inner]

Recent News

  • Akuapem Poloo Reveals Troubling Black Stars Encounter
  • Ministers Face Heat Over Afghan Data Leak
  • GoG Reviews Atlantic Lithium Lease as Global Price Decline 
  • NPP Conference To Focus On Party Reforms
  • Non-Oil Sector Emerges as Ghana’s Secret Weapon for Long-Term Stability
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.