5 C
London
Tuesday, March 28, 2023
HomeNewsLocal NewsFranklin Cudjoe challenges Sanitation Minister for claiming Accra is 85% clean

Franklin Cudjoe challenges Sanitation Minister for claiming Accra is 85% clean

Date:

Related stories

Humanity In Danger ? – Charles Akor

Climate change is one of the greatest challenges facing...

GAF Speaks Out Regarding Troops’ Invasion In Ashaiman

The Ghana Armed Forces have issued a statement signed...

Soldiers Invade Ashaiman Over Death Of Their Colleague

Netizens of Ashaiman-Taifa, a suburb in the Greater Accra...

Scientific Rigging of 2024 Election Possible with Ghana Card

Today, Prof. Attafua himself said on Asempa that Biometric...
spot_imgspot_img

Franklin Cudjoe, the President of IMANI challenged the Sanitation Minister to explain to Ghanaians the positive impact she has made to her ministry since the time she has been appointed as the Sanitation Minister

According to him the Minister for Sanitation and Water Resources said the running mate for the National Democratic Congress, Prof. Jane Naana Opoku-Agyemang adds nothing to the fortunes of the National Democratic Congress (NDC).

Read More:

Franklin Cudjoe tasked her to rather explain to Ghanaians what she has added to the Sanitation Ministry in her capacity. And leave Prof. Jane Naana Opoku-Agyemang

This is what he wrote on his Facebook wall

I just watched the Minister of Sanitation say Prof. Naana Opoku-Agyemang adds nothing to the fortunes of the NDC. We can debate that. It is a healthy debate. But what has the Minister added to our sanitation positively after almost two years in power? 80% of a clean Accra as her ministry alleged two days ago? What about the mountain of taxes that prevent private sector participation in waste management in Ghana.

Currently, a compactor truck imported for transporting waste attracts an import duty of 5% on the Cost Insurance and Freight (CIF) value of compactor. It also attracts NHIL levy (2.5%), GetFund Levy (2.5%); Special Import Levy (2%), ECOWAS Levy (0.5%), Exim Levy (0.75%), Processing fee (1%) and AU Levy (0.2%), which add up to 9.45% of the CIF value. In addition, the sector also pays Import VAT of 12.5% on top of these taxes.

Currently the waste industry operates at a profit margin of 20% (From the existing data in the cost buildup of the various landfill sites). However, this profit margin is reduced to 7.5% since they treat 12.5% of their revenue as output tax. In addition to that, the sector also absorbs the non-deductible combined 5% import NHIL/GetFund levies which further reduces their profit margin to 2.5%. One Professor Mariwah recently asked me and others in a webinar I moderated that,” how do such companies accumulate enough capital to reinvest in waste collection trucks and other machinery as well as invest in Research and Development (R&D) to improvement waste management in the country?”

Ama Ofori-Antwi, Executive Secretary of ESPA recently said to me and others on webinar, ”
Upon taking up this role as Executive secretary with ESPA, I can say confidently 22 companies have collapsed since 2014 to date; we are providing essential service in this country meanwhile we are not getting any support whatsoever; if government is indeed serious about the private sector been the engine of growth, then government needs to look at us”

So, madam minister of sanitation- please focus and deal with these urgent matters too.

 

 

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here