• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, September 15, 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

Bring Back the Road Tolls Now- Economist Charges Government

January 17, 2022
Stephen M.Cby Stephen M.C
in Economy
0
Bring Back the Road Tolls Now- Economist Charges Government

Road Toll Booths

Economist and a Senior Lecturer at Economics Department of the University of Ghana, Dr Adu Owusu Sarkodie, has charged government to re-introduce the road toll system with immediate effect as part of measures to raise revenue.

According to the Lecturer, automating the collection of road tolls across the country is the way to go. He thus, suggested that making it more efficient will help generate more revenue.

“Bring the road tolls back in a more efficient way to raise the revenue. We cannot be driving free on the roads like that. It must be paid for. So get the road tolls back, mechanize and automate it. Reduce the interpersonal collection of coins and all that. Make people buy the electronic card, government has ready cash at the beginning of the year and they can use it to construct the number of roads you want.”

Dr Adu Owusu Sarkodie

That notwithstanding, Dr Owusu Sarkodie indicated that even though, he did agree with the cancelation of the road tolls in the form in which it was, he wants it back in a modernized form.

RelatedPosts

BoG Gets IMF Backing as Ghana Tightens Foreign Exchange Rules

Fitch Lifts Global Growth Forecast for 2025 Despite US Slowdown Fears

$360m World Bank Cash To Power Ghana’s Post-Crisis Economic Comeback

“Reverse the removal of road tolls, get the road tolls back on the roads. I agree to the removal of the road tolls in the state in which they were. I have never subscribed to the collection of coins on the roads.”

Dr Adu Owusu Sarkodie
WhatsApp Image 2020 08 20 at 1.29.32 PM
Dr. Adu Owusu Sarkodie

Government Must Learn From University of Ghana

Dr. Adu Sarkodie further urged the Government of Ghana to emulate the University of Ghana because the University has automated all its tolls.

“I have always proposed that we should mechanize, automate the road tolls, and the University of Ghana has given us a clear example of that. If it can be done at Legon, it can be done in every part of the country.”

Dr Adu Owusu Sarkodie

The Lecturer noted that with an efficient toll system put in place, the government will not struggle for revenue to meet her infrastructure needs.

Government Justifies essence of Toll Abolishment

The government of Ghana abolished all tolls on public roads and bridges in the 2022 Budget Statement.

Explaining the rationale behind the scrapping of the road tolls, the Finance Minister, Ken Ofori-Atta, noted that the revenue that accrues to the state for the construction and maintenance of roads is inadequate and hence, government has to look elsewhere to equitably generate revenues for the construction and maintenance of our roads.

“Over the years, the tolling points have led to heavy traffic on our roads and lengthened travel time from one place to another, impacting negatively on time and productivity. The congestion generated at the tolling points, besides creating these inconveniences, also leads to pollution in and around those vicinities.

“To address these challenges, Government has abolished all tolls on public roads and bridges. This takes effect immediately the Budget is approved. The toll collection personnel will be reassigned. The expected impact on productivity and reduced environmental pollution will more than off-set the revenue forgone by removing the tolls.”

Ken Ofori-Atta

The minister averred that to compensate for the road tolls, government was looking to introduce innovative ways of raising revenue such as the proposed 1.75% MoMo transactions levy payable by mobile money users per transaction above GHS 100. He stated that it will help government to shore up revenue inflows to fund road projects in the country.

READ ALSO: GSE Produces its First Mix Result For the New Year

Tags: Dr. Adu Owusu SarkodieToll boothsUniversity of Ghana
Please login to join discussion
Previous Post

BHP Joins the Bandwagon for Electric Rail in Australia

Next Post

Oil Palm Development Association Urges Gov’t to Reverse Benchmark Value Policy

[mc4wp_form id="1264"]

Related Posts

Hon. Abednego Bandim Azumah
General News

Bandim Calls for Leadership to Revive GBC, GNA and ISD

September 15, 2025
Pan-African Dreams Tested as Burkina Faso Opens Borders
Africa

Pan-African Dreams Tested as Burkina Faso Opens Borders

September 15, 2025
Israel, Hamas Counterproductive Over Reaching A Ceasefire Deal
Asia

Qatar Urges End To ‘Double Standards’ Towards Israel

September 15, 2025
Mining Consultant Demands Parliament Oversight on GoldBod’s $1B Dubai Deal 
Extractives/Energy

Mining Consultant Demands Parliament Oversight on GoldBod’s $1B Dubai Deal 

September 15, 2025
Ghana’s Minister for Foreign Affairs, Hon Samuel Okudzeto Ablakwa
General News

Ablakwa Urges Remaining Gbenyiri Conflict Victims to Return Home

September 15, 2025
NPP ; Kwame Baffoe [Abronye ]'s bail denial in focus
General News

Court Decision in Abronye’s Arrest Raises Questions About Justice

September 15, 2025
Hon. Abednego Bandim Azumah
General News

Bandim Calls for Leadership to Revive GBC, GNA and ISD

by Silas Kafui AssemSeptember 15, 2025
Pan-African Dreams Tested as Burkina Faso Opens Borders
Africa

Pan-African Dreams Tested as Burkina Faso Opens Borders

by Lawrence AnkutseSeptember 15, 2025
Israel, Hamas Counterproductive Over Reaching A Ceasefire Deal
Asia

Qatar Urges End To ‘Double Standards’ Towards Israel

by Comfort AmpomaaSeptember 15, 2025
Mining Consultant Demands Parliament Oversight on GoldBod’s $1B Dubai Deal 
Extractives/Energy

Mining Consultant Demands Parliament Oversight on GoldBod’s $1B Dubai Deal 

by Prince AgyapongSeptember 15, 2025
Ghana’s Minister for Foreign Affairs, Hon Samuel Okudzeto Ablakwa
General News

Ablakwa Urges Remaining Gbenyiri Conflict Victims to Return Home

by Evans Junior OwuSeptember 15, 2025
NPP ; Kwame Baffoe [Abronye ]'s bail denial in focus
General News

Court Decision in Abronye’s Arrest Raises Questions About Justice

by Lilian AhedorSeptember 15, 2025
Hon. Abednego Bandim Azumah
Pan-African Dreams Tested as Burkina Faso Opens Borders
Israel, Hamas Counterproductive Over Reaching A Ceasefire Deal
Mining Consultant Demands Parliament Oversight on GoldBod’s $1B Dubai Deal 
Ghana’s Minister for Foreign Affairs, Hon Samuel Okudzeto Ablakwa
NPP ; Kwame Baffoe [Abronye ]'s bail denial in focus
[/vc_row_inner]

Recent News

  • Bandim Calls for Leadership to Revive GBC, GNA and ISD
  • Pan-African Dreams Tested as Burkina Faso Opens Borders
  • Qatar Urges End To ‘Double Standards’ Towards Israel
  • Mining Consultant Demands Parliament Oversight on GoldBod’s $1B Dubai Deal 
  • Ablakwa Urges Remaining Gbenyiri Conflict Victims to Return Home
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.