• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, June 1, 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
Home News General News

Governments Must Stay Away From Housing Projects – Franklin Cudjoe

November 23, 2022
in General News, News
Reading Time: 4 mins read
0

President of think tank IMANI Centre for Policy and Education, Franklin Cudjoe, has counselled governments to stay away from the construction and procurement processes of affordable housing projects.

Mr. Cudjoe advised that, in the future, governments’ role in the provision of affordable houses should be limited to them acquisition of serviced lands for private real estate developers who have the requisite skills and knowledge needed for the construction of such projects.

“Procurement is the biggest opportunity in this town that’s why I do not really want any government appointee who is a Housing Minister to even think of the idea of building affordable housing. That thing should cease.

“Whatever money government wants to spend, use it, open up the country, service lands, let the likes of Patrick and his friends [real estate developers] come and compete. And they’ve done it before. There are just too many examples here, it can be done.”

Franklin Cudjoe, President IMANI-Africa
17476885.full
Plan of Saglemi affordable housing project

According to the policy advisor, when government is directly involved in the construction of housing projects, opportunities are created for government officials to take advantage of the State.

RelatedPosts

Mahama Reaffirms Commitment to Ahafo Region, Outlines Bold Development Agenda

Chief Justice’s Conduct Under Fire Amid Petition

Ministry of Health Leads 2025 No Tobacco Day Campaign

Mr. Cudjoe insinuated that governments in the fourth republic have failed to adopt modern technologies in their quest to construct affordable houses and that buttresses his point that, governments should stay off housing projects.

“I mean, I’m shocked from 1998 to 2001 when I learnt land economy, I remember my building technology teachers were telling us how adaptive technology could be used to deploy affordable housing.

“Since we left I haven’t seen any of those technologies deployed, which tells you that when government talks about the marriage between industry and academia sometimes it’s just a fluke, really.”

Franklin Cudjoe, President IMANI-Africa

The Saglemi Housing Project

Saglemi project e1555438608903 1
Ariel view of Saglemi affordable housing project

The Saglemi Housing Project, started by the John Mahama led government, has been left abandoned after the current government discovered that some key contract documents were missing.

The Akufo-Addo government is suspecting a misappropriation of funds in the project, because even the documents available to them appear to have some discrepancies.

Minister for Works and Housing, during President Akufo-Addo’s first tenure as President, Mr. Samuel Atta Akyea, alleged that a sum of $80million was paid as mobilisation fee to the contractors, Construtora OAS Ghana Limited, even though no work was done for the money.

samuel atta akyea
Samuel Atta Akyea, Former Minister for Works and Housing

Under the leadership of Atta Akyea, government commenced prosecuting some appointees under the erstwhile Mahama administration who were directly involved in the contractual processes for causing financial loss to the State.

Those facing prosecution are: Alhaji Collins Dauda, Former Minister for Works and Housing; Agyeman-Mensah, another Former Minister for Works and Housing; Alhaji Ziblim Yakubu, the Chief Director of the Ministry from 2009 to 2017; Andrew Clocanas, the Executive Chairman of Construtora OAS, the Brazilian company that constructed the project; Nouvi Tetteh Angelo, the Director of Ridge Management Solutions DWC-LLC, the engineering, procurement and construction subcontractor.

The five accused persons are collectively facing 52 counts of criminal offences, including willfully causing financial loss to the State, and intentionally misapplying public property.

The controversial Saglemi project came to the limelight again when on Sunday, November 13, Minister of Works and Housing, Francis Asenso-Boakye, disclosed that government has decided to sell the housing development project to a private developer.

Asenso Boakye
Francis Asenso-Boakye, Minister for Works and Housing

Asenso-Boakye claimed government’s decision was after it assessed the projects and hence, the decision to sell the project is in the best interest of the State.

“We [government] are allowing for a private sector developer to take up the initiative to build and sell the housing units. A committee will be commissioned to guide the process and ensure transparency in the bidding process.”

Asenso-Boakye, Minister for works and housing

Meanwhile the Minority caucus in Parliament who are opposed to government’s decision to sell the project has served notice to interested private developers, warning them to stay off the project as they may lose their investment should they go ahead to purchase.

READ ALSO: Looting At Saglemi Must Be Investigated – Vincent Asamoah

Tags: Francis Asenso-BoakyeFranklin CudjoeSaglemi projectSamuel Atta Akyea
Share10Tweet6Share2SendSend
Previous Post

Us Supreme Court Approves Handover Of Trump’s Tax Records

Next Post

GSE Stock Indexes Refuse to Yield Ground Amidst Substantial Share Depreciation of Unilever Ghana

Related Posts

HE President John Dramani Mahama

Mahama Reaffirms Commitment to Ahafo Region, Outlines Bold Development Agenda

by Evans Junior Owu
May 31, 2025
0

President John Dramani Mahama has reaffirmed his commitment to delivering inclusive development, rebuilding public trust, and transforming the Ahafo region into a beacon of prosperity at Goaso during his “Thank You” tour of the region.  Speaking...

parties to protest Chief Justice's suspension

Chief Justice’s Conduct Under Fire Amid Petition

by Lilian Ahedor
May 31, 2025
0

The ongoing controversy surrounding Ghana’s Chief Justice has taken a dramatic new turn, as former Special Prosecutor Martin Amidu leveled a searing critique of her conduct and legal maneuvers following the submission of petitions seeking her...

World No Tobacco Day (WNTD), Tobacco, Nicotine

Ministry of Health Leads 2025 No Tobacco Day Campaign

by Silas Kafui Assem
May 31, 2025
0

The Ministry of Health has announced Ghana’s national participation in the 2025 World No Tobacco Day (WNTD), under the global theme “Unmasking the Appeal: Exposing Industry Tactics on Tobacco and Nicotine Products.” The annual campaign, scheduled...

MCDTI @MTN

Communications Minister Rallies MTN to Support Digital Ecosystem Reforms

by Evans Junior Owu
May 31, 2025
0

The Minister for Communication, Digital Technology and Innovations, Hon. Samuel Nartey George, has underscored the government’s resolve to transform Ghana’s digital landscape through strategic partnerships with key stakeholders, including telecommunications giants like MTN.  During a high-level...

The Dean of the Diplomatic Corps and Ambassador of Lebanon to Ghana, H.E. Maher Kheir, receiving the petition from the representatives of the coalition of Political Parties

NPP, Others Petition Diplomatic Community, Cite Assault on Ghana’s Democracy

by Evans Junior Owu
May 30, 2025
0

A coalition of some Ghanaian political parties has raised a red flag over what it describes as mounting threats to the country’s democratic framework, petitioning the Dean of the Diplomatic Corps and Ambassador of Lebanon to...

Please login to join discussion

Recent News

  • Mahama Reaffirms Commitment to Ahafo Region, Outlines Bold Development Agenda
  • Hamas Responds To US Ceasefire Proposal
  • Chief Justice’s Conduct Under Fire Amid Petition
  • Ministry of Health Leads 2025 No Tobacco Day Campaign
  • GuiltyBeatz on Humble Beginnings in Music Production
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.