• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, May 8, 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 Economy

Bring Back the Road Tolls Now- Economist Charges Government

M.Cby M.C
January 17, 2022
Reading Time: 3 mins read
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.

“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

ADVERTISEMENT

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

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Dr. Adu Owusu SarkodieToll boothsUniversity of Ghana
Share4Tweet3Share1SendSend
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

Related Posts

Ghana’s Economy Hits Continental Milestone
Economy

Ghana’s Economy Hits Continental Milestone

May 7, 2026
Ghana’s Growth Story Faces Tough Structural Reality
Economy

Ghana’s Growth Story Faces Tough Structural Reality

May 7, 2026
Inflation Rises to 3.4% After 15-Month Decline
Economy

Inflation Rises to 3.4% After 15-Month Decline

May 6, 2026
Cash Circulating in Ghana’s Economy Hits GH¢83.8bn Despite Cuts
Economy

Cash Circulating in Ghana’s Economy Hits GH¢83.8bn Despite Cuts

May 5, 2026

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Recent News

IOC headquarters in Lausanne, Switzerland.

IOC Reinstates Belarus But Global Bodies Split Over Russia Sanctions

May 8, 2026
Aurelien Tchouaméni and Federico Valverde (Number 8) both in action for Real Madrid at the Santiago Bernabeu

Real Madrid To Probe Into Valverde-Tchouaméni Training Bust-Up

May 7, 2026
Hon. Eric Opoku, Minister for Food and Agriculture, With UCC Delegation

Molecular Science Drives MoFA’s New Agribusiness Value Chain

May 7, 2026
1778176356400

Bagbin Champions Efficiency and Innovation at Productivity Week Launch

May 7, 2026
Godwin Ako Gunn, NDC Deputy Communications Officer

NDC Touts 17-Months of Steady Progress, Declares War on NPP’s ‘Misinformation’

May 7, 2026
Next Post
The Oil Palm Development Association of Ghana (OPDAG), has called on government to immediately reconsider its decision on the indefinite suspension of the implementation of the review of the 50% benchmark policy reduction.

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

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.

Discover the Details behind the story

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

Enter your email address