Ghana’s total revenue for first half exceeds target

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STEVE 8 years ago

To set a target is always recommended, but in my opinion, with the heap of debt on the nation's neck, the more revenues are collected the better. Such news will encourage corruption. The country collects less revenue to assis ...
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To set a target is always recommended, but in my opinion, with the heap of debt on the nation's neck, the more revenues are collected the better. Such news will encourage corruption. The country collects less revenue to assist in supporting projects.
KWAA 8 years ago

Yet every month Ghana is issuing bonds at a vey high rate.I don't think the Finance is being sincere with the real state of the Ghanaian economy.Because all indications are the economy is not on a sound feet.All our export co ...
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Yet every month Ghana is issuing bonds at a vey high rate.I don't think the Finance is being sincere with the real state of the Ghanaian economy.Because all indications are the economy is not on a sound feet.All our export commodities are experiencing low prices,industries are folding up because of dumso,that means government is collecting low taxes.So I am wondering where these figures are coming from.
citizen 8 years ago

Buhari's predecessor, Goodluck Jonathan, refused to disclose his wealth.

He lost the election and the presidency.

Buhari said that $150bn (£100bn) was missing from state coffers.

Nigeria's President Muhammadu Buhari ...
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Buhari's predecessor, Goodluck Jonathan, refused to disclose his wealth.

He lost the election and the presidency.

Buhari said that $150bn (£100bn) was missing from state coffers.

Nigeria's President Muhammadu Buhari declares assets

4 September 2015

Five homes and two mud houses, as well as farms

An orchard and a ranch with 270 head of cattle,

25 sheep, five horses and a variety of birds

Shares in three firms

Two undeveloped plots of lands

Bought two cars from his savings

Does Nigeria run better without a cabinet?

Vice-President Yemi Osinbajo, a successful lawyer and pastor at one of Nigeria's biggest churches, is considerably wealthier.

Mr Shehu said in a statement Mr Osinbajo had $1.4m (£900,000) in his bank accounts.

In his declaration of assets, Mr Osinbajo also revealed that he owned a four-bedroom residence, a three-bedroom flat, a two-bedroom flat and a two-bedroom mortgaged property in Bedford, UK.

Nigeria's leader Muhammadu Buhari has declared he has $150,000 (£100,000) in his personal account, in a move aimed at promoting transparency.

The amount showed the ex-military ruler and minister of petroleum had been living a "Spartan lifestyle", his spokesman Garba Shehu said.

The BBC's Will Ross says the assets are loose change for Nigerian politicians but a fortune for most of the country.

Mr Buhari is the first opposition candidate to win a national election.

The former military ruler was elected in March largely on a promise to tackle corruption and insecurity.

BBC Africa Live news updates

Corruption is a major problem in Africa's biggest economy and last month, Mr Buhari said that $150bn (£100bn) was missing from state coffers.

His political career started when he was appointed commissioner of justice in Lagos state in 2007 - a position he held for eight years.

The statement did not give the value of all the assets held by the president and the vice-president, saying the documents submitted to the Code of Conduct Bureau would be made public as soon as the verification process was completed.

The leaders are also required by law to declare their assets when they left office.

Late President Umaru Yar'Adua was the first Nigerian leader to declare his assets publicly.

He was reported to be worth $5m (£3.5m) when the declaration was made in 2007.

Analysis: Will Ross, BBC News, Lagos

We have long been told that Muhammadu Buhari prefers the austere life and now according to his spokesman there is evidence to back this up.

Muhammadu Buhari is no pauper. We are told he has less than $150,000 his bank account - a fortune for the vast majority of the population but probably the equivalent of loose change for many working in the dizzy world of Nigerian politics.

The law requires politicians to declare their assets to the Code of Conduct Bureau (CCB), which has a pair of handcuffs on its website but has been fairly toothless as the agency which has been "checking corrupt practices in the Nigerian public service since 1989".

The assets do not have to be declared in public but Gen Buhari's team clearly think shining a light on his "Spartan" lifestyle will help in the anti-corruption fight.

His predecessor Goodluck Jonathan was sharply criticized for refusing to go public even though his assets were declared to the CCB.

There may well now be some jittery politicians working out how they will look when compared to a president who has even declared his mud huts and livestock.

read the news here:

www.bbc.com/news/world-africa-34150508

Nigerian lawmaker declares assets after Buhari example

A Nigerian lawmaker on Monday became the first sitting member of parliament to declare his assets publicly, following President Muhammadu Buhari's example for greater transparency and accountability in the graft-riddled nation.

Shehu Sani, a human rights activist who heads the Civil Rights Congress lobby group, said his decision was prompted by Buhari's "moral standard" for more openness in public life.

Buhari last week declared he had no foreign bank accounts or oil concessions, owned five houses but only $151,000 (135,000 euros) at a local bank.

Aides said it was an indication of the 72-year-old's "spartan lifestyle".

His deputy, former lawyer Yemi Osinbajo, said he had about 94 million naira ($466,000, 418,000 euros) in his local bank accounts, $900,000 and 19,000 pounds in other bank accounts, four houses and three cars.

Under Nigerian law, it is mandatory for the president, the vice-president, state governors and their deputies to declare their assets when they take office and before stepping down.

Other political appointees should also declare their assets but it is not mandatory for them to make them public. Legislators are not obliged to make any declaration.

Buhari's predecessor, Goodluck Jonathan, refused to disclose his wealth.

Sani, who represents the central Kaduna constituency in northern Nigeria in the upper chamber of parliament the Senate, said he was worth 22 million naira, has several houses and cars.

In a statement, he said greater openness was the only way to improve Nigeria's reputation at home and abroad, which has long been tainted by corruption.

"The international image of Nigeria as a corrupt country and its political elites as patently corrupt cannot be cleansed unless and until all elected and appointed public office holders come publicly clean as to their quantity and sources of wealth," he said.

Sani, from Buhari's governing All Progressives Congress party, was jailed for pro-democracy activities by former military ruler Sani Abacha, who died in 1998, ushering a return to civilian rule the following year.

read the news here:

in.news.yahoo.com/nigerian-lawmaker-declares-assets-buhari-111750567.html
MAHAMA 8 years ago

So what are the revenue and expense totals?

So what are the revenue and expense totals?
JDM 8 years ago

Bawumiah where are your numbers ?

Bawumiah where are your numbers ?
Michael 8 years ago

Good to hear, after all the IMF bailout was a deal... Hope you stick to the conditions and I know we're going to do just fine in the end... Thanks Minister...

Good to hear, after all the IMF bailout was a deal... Hope you stick to the conditions and I know we're going to do just fine in the end... Thanks Minister...
truth 8 years ago

Is the average Ghanaian feeling it?

Is the average Ghanaian feeling it?
Anrews kwofie,kumasi 8 years ago

Jdm wakeup,"tibonkoso"where has Bawomia been mentioned in this?

Jdm wakeup,"tibonkoso"where has Bawomia been mentioned in this?
dadi 8 years ago

Why are you giving us percentages? Give us the actual figures. What were your targets in the respective categories?
You can say anything to make you look good. The actual numbers please.

Why are you giving us percentages? Give us the actual figures. What were your targets in the respective categories?
You can say anything to make you look good. The actual numbers please.
FJB-UK 8 years ago

well done
but please make sure you factor all delayed expenses and subtract early recognition of revenues
Tanx

well done
but please make sure you factor all delayed expenses and subtract early recognition of revenues
Tanx
kwabena ohemeng,london 8 years ago

Good news. This is what we want to hear.The government should not overspend and must turn its attention to put in place measures that will create jobs for the youth, especially unemployed graduates.

Good news. This is what we want to hear.The government should not overspend and must turn its attention to put in place measures that will create jobs for the youth, especially unemployed graduates.
travel n see 8 years ago

Good job but still 99% of your ppl r still suffering and living under a dollar a day...foolish africans who dont think abt their own ppl thank God non of my children where born there.

Good job but still 99% of your ppl r still suffering and living under a dollar a day...foolish africans who dont think abt their own ppl thank God non of my children where born there.
joo 8 years ago

Why won't revenue increase when u have refused to pay workers their salary arrears. you only gave three months and kept the rest. Pay ppl money and stop the lies.

Why won't revenue increase when u have refused to pay workers their salary arrears. you only gave three months and kept the rest. Pay ppl money and stop the lies.
chief 8 years ago

You still have 2.3% deficit which means you still need to float bonds. So what is the good news here. Our debt level will still increase and will top 100 billion by end of year.

You still have 2.3% deficit which means you still need to float bonds. So what is the good news here. Our debt level will still increase and will top 100 billion by end of year.
Damango 8 years ago

Yeah right.

Yeah right.
KUDZO 8 years ago

Great steps towards stab

Great steps towards stab
KUDZO 8 years ago

Stability

Stability

Ghana’s total revenue for first half exceeds target

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