NPP Blew World Bank Monies Mean’t for Accra Flood Mitigation-Franklin Cudjoe Exposes Bawumia

Franklin Cudjoe writes ✍️

What I found on the GARID Project:

1. It is not accurate that the Government of Ghana or the Ministry of Finance has delayed the Greater Accra Resilient and Integrated Development (GARID).
2. Between 2019 and 2024, the previous administration drew down US$103.8 million from the World Bank $350m loan.

Here’s the breakdown of how the money was used:

• US$22.1 million (21%) went to “training”.
• US$7.9 million (7%) was spent on “consultancies”
• US$60.8 million (59%)—the lion’s share-was diverted to COVID-19-related spending.
• US$1.68 million (2%) was used for other costs, largely the purchase of vehicles.

1. Just US$11.4 million, barely 11% of the entire loan, was actually spent on flood prevention and mitigation works.

Put plainly: nearly US$9 out of every US$10 went to things other than protecting Ghanaians from floods. Only US$1 out of every US$10 was used for the project’s core purpose.