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Cost of new BOST office complex $31M; claims of inflated price dishonest – BOST MD

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The Bulk Oil Storage and Transportation Company Limited (BOST) has denied allegations of inflating the cost of the construction of its single-unit tower.

Management of the Company says claims that it padded the contract sum to $78 million are not only misinformed, but also lack intellectual honesty.

The Minority in Parliament had hinted at a procurement scandal at BOST to the tune of $39 million.

The caucus alleged that, a contract sum for the construction of a single unit tower estimated at US$ 39 million has been inflated and approved by the Public Procurement Authority (PPA) at $78 million, indicating a 100 per cent inflated price.

But speaking on Face to Face on Citi TV, Edwin Alfred Provencal, Managing Director of BOST said:

“The conclusion is based on a lot of misinformation and some intellectual dishonesty. The contract was signed but based on some circumstances, my predecessor thought that it should be looked into again.  My philosophy on this matter is the fact that, we do not have to mix politics and business.”

The twin-office space was initially procured at $39 million under the previous administration, but had to be halted in 2017 after allegations of inflated cost.

A value of money audit was subsequently carried out, resulting in a new value of $49.6 million for the office space.

However, BOST could not afford $49.6 million due to financial constraints and thus had to negotiate for a single block.

“Because we are not into the real estate business, and we have liquidity challenges, we have decided that due to cash flow constraints, we can not afford the two towers so we opted for one which the contractor agreed. We went to the PPA, they said there was a procurement irregularity that we needed to rectify before we go ahead to vary the contract to a single block.”

“It is that ratification request that we sent to PPA and the response that people saw and said we are buying a single block at $39 million.  But the final cost of the single building is $31 million and not US$ 39 million or $78 million”, Mr. Provencal added.

Source: citinewsroom.com

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The president needs to show leadership to stop ‘dumsor’ – Agyeman-Duah

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Professor Agyeman-Duah also chastised the administration for the slow speed at which it is addressing electricity concerns. He argues that given the frequency of power outages, the government should have taken a more serious approach to finding long-term solutions, but this has not been the case.

Professor Baffior Agyeman-Duah, a Governance Expert, has urged President Nana Addo Dankwa Akufo-Addo to show leadership by summoning all major players in the power sector, including the Electricity Company of Ghana (ECG), the Ghana Grid Company Limited (GRDCo), the Volta River Authority (VRA), and the Public Utilities and Regulatory Commission (PURC), and giving them marching orders to resolve the power crisis.

He believes he’ll be astonished if the president hasn’t done so already.

Speaking on the Ghana Tonight broadcast on TV3 on Monday, April 22, Prof Ageyman Duah remarked, “I will be surprised that the president has not called the leadership of the VRA, GRIDCo, ECG, and PURC, to sit them down to give them the marching order that he doesn’t like what they are doing.

“That is leadership, we need the president to be giving the marching orders. As I said, if he has done it privately I don’t know but based on the public pronouncements by these state agencies in charge of the energy sector, it seems like he hasn’t done that.”

Professor Agyeman-Duah also chastised the administration for the slow speed at which it is addressing electricity concerns.

He argues that given the frequency of power outages, the government should have taken a more serious approach to finding long-term solutions, but this has not been the case.

He went on to say “The government hasn’t been too active in seeking solutions to problems”

Prof. Baffour Agyeman-Duah also urged the state power distributor, the ECG, to produce a load-shedding schedule.

This, he believes, will help power consumers arrange their lives more effectively.

“The wise thing to do is to issue a timetable,” Professor Baffour Agyeman-Duah said.

Meanwhile, Richard Ahiagbah, Director of Communications for the New Patriotic Party (NPP), has stated that power shortages in certain areas of the country are annoying.

However, he stated that there is light at the end of the tunnel for the problem.

Mr Ahiagbah ascribed the problem to the Electricity Company of Ghana’s (ECG) maintenance work.

He told us that the job would be done quickly.

“The recent power outages have been understandably frustrating. However, there is an end in sight. The maintenance works are almost complete, and we can soon expect access to an uninterrupted power supply around the clock, as we have become accustomed to under the Akufo-Addo-Bawumia Administration.”

Regarding the criticism that members of the National Democratic Congress (NDC) have made against the administration over the outages, he stated, “The NDC is the last political organization to point fingers because Ghana has not forgotten the hurts of the ‘real dumsor,’ suffered under H.E. Mahama.

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Gomoa Akotsi: Truck collides with a police car, killing one and injuring several others

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It struck a Chinese national's car before colliding with a police vehicle stationed on the side of the road near Akotsi Junction. An eyewitness, Nai Appiah Nortey, told Citi News that several cops were in the parked police car and two more were in the trunk. The police were said to be making purchases nearby when the tragedy happened. "The vehicle was descending from Gomoa Akramah hills towards the Akotsi junction. But it suddenly lost control, crossed the main road, and collided with a police vehicle sitting on the shoulder of the road. It pulled the police vehicle and then parked in front of a business.

A collision on the road between Gomoa Akramah and Akoti Junction in the Gomoa East District, Central Region, is said to have killed one police officer and badly wounded many others.

According to sources, a KIA Rhino truck (registration number GX 4135-24) had a braking failure and went off track.

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It struck a Chinese national’s car before colliding with a police vehicle stationed on the side of the road near Akotsi Junction.

An eyewitness, Nai Appiah Nortey, told Citi News that several cops were in the parked police car and two more were in the trunk. The police were said to be making purchases nearby when the tragedy happened.

“The vehicle was descending from Gomoa Akramah hills towards the Akotsi junction. But it suddenly lost control, crossed the main road, and collided with a police vehicle sitting on the shoulder of the road. It pulled the police vehicle and then parked in front of a business.

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“There were some police officers in the trunk of the truck, and some even fell out as soon as the collision occurred. “One person has died, and the rest, including the Chinese national, have been rushed to the Trauma and Specialist Hospital in Winneba,” Nai Appiah Nortey said.

The Central East Regional Operations commander and other senior officials came on the spot to evaluate the magnitude of the damage.

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Calls for Napo’s removal as Energy minister intensifies

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“Where we have gotten to, there is no circuit and so what is the use of the minister in that space? He must be relieved, probably to concentrate on any other agenda he is bidding for. He must be relieved of his post. It is becoming too much. Is it not insulting with the statement that he made? Total disrespect to consumers. Are we asking for too much? “For God’s sake, I am a prepaid consumer. I have paid for that power that you need to supply me. In fact, you chose to put a meter in my house at a fee, that is also a contract in a form, and he chose to take my money in advance. “If I am not going to get the power, then just out of respect, at least tell me when I can have the power. But don’t look into my face and say, I should go and produce my own timetable.”

The Institute of Energy Security (IES) has urged for the urgent dismissal of Energy Minister Dr. Matthew Opoku Prempeh, citing the escalating energy situation.

According to the IES, the current status of the energy industry demands immediate action, leading to their call for the minister’s removal.

Nana Amoasi VII, Executive Director of IES, voiced concern with the minister’s apparent delay in an interview with Eyewitness News on Monday.

He emphasised the minister’s apparent separation from the realities of the energy situation, raising the question of his position in such a key location.

“Where we have gotten to, there is no circuit and so what is the use of the minister in that space? He must be relieved, probably to concentrate on any other agenda he is bidding for. He must be relieved of his post. It is becoming too much. Is it not insulting with the statement that he made? Total disrespect to consumers. Are we asking for too much?

“For God’s sake, I am a prepaid consumer. I have paid for that power that you need to supply me. In fact, you chose to put a meter in my house at a fee, that is also a contract in a form, and he chose to take my money in advance.

“If I am not going to get the power, then just out of respect, at least tell me when I can have the power. But don’t look into my face and say, I should go and produce my own timetable.”

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