Ghana’s Minister for Works and Housing, Kojo Oppong Nkrumah, has refuted allegations that affordable housing units are being sold to private contractors.
During a tour of long-abandoned state housing projects stuck in litigation, he clarified that private developers are providing capital to ensure these projects are completed and operationalized, but the government retains ownership.
“We are not selling the projects to private entities,” Nkrumah asserted, addressing concerns raised by the public, highlighting that after a decade-long halt, work has resumed with private contractors collaborating alongside State Housing to finish the projects.
Mr. Nkrumah also emphasized that upon completion, these homes would be sold to the public at affordable prices.
He explained the financial dynamics, stating, “The government has invested $200 million, with an additional estimated $100 million from private entities. Together, we will complete the project and ensure these homes are available as affordable housing for Ghanaians.”
This collaborative approach, according to Mr. Nkrumah, is due to limited fiscal capacity, stressing that independent government funding for all projects is not feasible.
He commended the management and board of state housing for swiftly and diligently resuming work on abandoned projects, urging them to utilize the allocated funding effectively.
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Source: Comfort Sweety Hayford/ATLFMNEWS
