• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, August 18, 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

Maynard Championby Maynard Champion
January 17, 2022
Reading Time: 3 mins read
Add as Preferred on Google
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.

ADVERTISEMENT

“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

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

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

Related Posts

Mahama Reveals BoG Plans to Refresh Ghana’s Cedi
Economy

Mahama Reveals BoG Plans to Refresh Ghana’s Cedi

August 17, 2026
Cedi Recovery Could Gain Further Ground, Expert Projects as Forex Demand Cools
Economy

Cedi Recovery Could Gain Further Ground, Expert Projects as Forex Demand Cools

August 17, 2026
Ghana’s Economy Shifts from Inflation-led to Consumer-led Growth
Economy

Ghana’s Economy Shifts from Inflation-led to Consumer-led Growth

August 15, 2026
Mahama Unveils $10bn New Economic Era After Stabilisation Gains
Economy

Mahama Unveils $10bn New Economic Era After Stabilisation Gains

August 14, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Karela_United_FC_logo

FIFA Hands Karela United Registration Ban Over Unpaid Financial Obligation

August 18, 2026
Minority Caucus Addressing the media

Minority Flags ‘Moral Hazard’ in Goldbod’s Gold Purchasing Operations

August 18, 2026
PwC Names Ghana’s Six Most Powerful Banks

PwC Names Ghana’s Six Most Powerful Banks

August 18, 2026
Felicia Martey Dodoo  Principal Midwifery Officer, Greater Accra Regional Hospital

 Lack Of Infrastructure Fuelling Mathernal Mortality – Mad. Dodoo

August 18, 2026
Dr Ekua Amoakoh

Fresh Momentum Will Strengthen NPP Ahead Of 2028, Dr Amoakoh Declares

August 18, 2026
ADVERTISEMENT
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.