Sentences with phrase «cedis bus»
Pieces of official evidence seen by Citi News show that state officials of both the Transport and Finance Ministries broke a number of national laws in their supervision of the 3.6 million Ghana cedis bus branding contract executed by Smarttys.
http://ghanapoliticsonline.com/ Not exact matches
He further stated the unit price for the re-branding of the buses could even drop from Ghc8, 500 per bus to Ghc8, 000 cedis per bus owing to the quantity of buses in question and economies of scale.
«For a bus of the nature you're describing, I would give you 8500 per bus, and if I should look at the volume of the buses that you have, economics would tell you economics of scale so I would have to reduce the unit price for you which I can give you say, 8,000 per bus so for 116 buses we are looking at 928,000 cedis,» he said.
A leaked highly confidential government document suggests that Ghana's presidency has been rather lenient in its handling of the bus branding scandal which led to some 1.9 million Ghana cedis loss to the state due to an overpayment.
They are incensed by the decision of the leadership to purchase a Toyota Land Cruiser vehicle for the Chief Executive at a cost of over 400,000 cedis, when hundreds of buses have been grounded due to the lack of spare parts.
They have accused government of misplaced priority considering that the state could have raked in nearly Ghc5 million cedis a month if it had given out the spaces on the 116 buses for commercial advertisement.
The branding of these buses initially cost 3.6 million cedis but upon a review, Smarttys Management and Production, the company at the centre of the saga, was asked to refund 1.5 million cedis to the state.
An unhappy Presidential Staffer, Stan Dogbe, has taken offence at a publication by the British Broadcasting Corporation (BBC), over the murky bus branding saga that cost Ghana Ghc3.6 million cedis.