Day: May 28, 2022

The Government Should Consider Capital Expenditure As Well As Operational Expenditure

Alhaji the CEO of Divine Media Network on The HotSpot Show, Hosted by Solomon Kwabena Nana-Ansah on M-Love radio suggested that the governments, both current and incoming in budgeting for every project that would be undertaken should allocate funds for Operation of the facility (OPEX) as much as they allocate for Capital expenditure ( CAPEX).

Firstly, he stated many government project have been completed but cannot be commissioned due to lack of funds to run the facility. Operational expenditure is not factored in as part of the planning phase of the project so has rendered many completed project in the bush deteriorating.

He added, the government should prioritize its projects in other to meet the demands of the citizenry, thus proper feasibility studies should be conducted to know what the country needs not what would only win electoral votes from a particular region.

Furthermore at the construction phase of every government project quality assurance should be adhered to enable national assets last longer for public good and not to cause financial loss to the State. Especially in construction of facilities like roads, Bridges, Education and Health facilities. He also stated that equipping the human resource of the country would go a long way to revamp the countries economy and also bring about economic stability.

Ghana will be better of if we practice inclusiveness governance this help tap the expertise of people in the opposition parties but the current mindset of our political leaders is winner take all.

The country's Asset don't last long because of bad maintenance culture. A lot of the countries Asset is deteriorating overtime due to poor maintenance of these facilities, during the construction stage of most Government project a Preops team is not included and this poses challenges to the maintenance team of the facility at the operation stages. He urge government to invest more in the maintenance of the facilities for better reliability and availability of state Assets.