Finance

Provide details on GHC2.75bn procurement savings – GACC petitions Ofori-Atta

The Ghana Anti-Corruption Coalition and 20 other Civil Society Groups have petitioned en-bloc the Finance Minister Ken Ofori-Atta, to provide further and better particulars on the over GH¢2bn purportedly saved through the curtailing of sole sourced and restrictive tendering contract.

The request is in accordance with the provisions of Article 21(f) of the 1992 Constitution.

Government made savings of GH¢2.75 billion in the economy by reviewing contracts that were either sole-sourced or procured through restrictive tender for the last 31 months, Finance Minister, Ken Ofori Atta told parliament in the Mid-Year Budget Review he presented in July.

Meanwhile, no details have been released on the said contracts neither has there been any information on which specific procurement the savings were made on.

But a statement by the Coalition said:”the Public Procurement Authority is obliged to publish the restrictive tendering and single source procurement contracts on its website,” emphasizing “our interest is in only those contracts from which the savings were made.”

 

Source: kasapafmonline.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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