GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home News

How Implementation of Policy Raised Port Revenue By 56%

September 13, 2017
in News
Share on FacebookShare on Twitter

The Vice President, Dr. Mahamudu Bawumia has revealed that an initial assessment of the implementation of the paperless system at the Ghana’s ports showed a revenue increase of 56 percent.

You Might Also Like

Why Ghana and Nigeria Were Not Invited to the Russia-Africa Summit

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

The Vice President made this disclosure while speaking at the launch of the onboarding programme for National Service Personnel at the National Communications Authority (NCA).

Also See: 7 Ways FPSO Kufuor Will Improve Ghana’s Economy

According to him, revenue at the ports increased from GHc130 million recorded in the first week of September 2016, to GHc213 million in the same period for 2017.

“The results are amazing. We just looked at data this morning – first week of collections under the paperless system in September this year compared to last year first week of collections in September 2016, and collections have gone up by 56 percent; 56 percent from around GHc130 million to GHc213 million in one week,” he stated.

Meanwhile, Bawumia did not hesitate to expose the reason behind the impressive improvement.

Contrary to what some people may be thinking, Ghana ports did not necessarily experience an increase in port revenue, however, the various transaction loopholes through which government lost income at the country’s ports have reportedly been blocked by the paperless system.

Recall that one of the major objectives of the National Paperless Port Operations is to reduce human contact and interaction along the trade facilitation chain; a development that would in turn minimize corruption loopholes.

Also Read: Everything You Want To Know About The Paperless Policy

Making reference to the recent agitation against the paperless transactions, Dr. Bawumia said pointblank that the protests were meant to derail the policy due to the several media of revenue leakages it has blocked.

“On September 1, we launched the paperless [system], but of course not without attempts to actually derail the process, because it’s hurting a lot of people who were making free money, and people who used to take two weeks to clear a container after one day of delay were protesting.  Are you protesting the system or something else?”

The Paperless Policy which is powered by the Ghana Community Network Service Limited (GCNET), is a single-window platform designed for processing trade transactions and customs clearances.

The policy which is officially known as the National Paperless Port Operations was introduced by the Vice President, Dr. Mahamudu Bawumia to facilitate the clearing of goods at Ghana ports through the use of automation systems.

However, implementation of the paperless port clearing system which officially kicked-off on September 1, 2017, was greeted with challenges ranging from poor organization to inadequate education. A development which sparked protests among clearing agents at the Tema Port.

But from the Vice President’s claims, it is believed that solutions have been proffered to the various challenges, thereby making implementation of the new system possible.

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Tags: automation systemsbawumiaBusiness_FinanceghanaGhana Community Network Service LimitedMahamudu BawumiaNational Communications AuthorityPaperPaperless officeTema PortVice President

Related News

Why Ghana and Nigeria Were Not Invited to the Russia-Africa Summit

Why Ghana and Nigeria Were Not Invited to the Russia-Africa Summit

by ghanastar
July 28, 2023
0

The Russia-Africa summit, which took place in St. Petersburg in July 2023, was notable for the absence of two of...

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

by ghanastar
January 2, 2022
0

The Ghana Police Service has announced the arrest of two persons in connection with the death of Julie Diane Williams,...

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

by ghanastar
December 1, 2021
0

Ghana's Paliament on Wednesday erupted into chaos with minority and majority members shoving and pushing each other. The heated confrontation...

Cedi records highest depreciation against dollar in 36 weeks

Cedi records highest depreciation against dollar in 36 weeks

by ghanastar
December 1, 2021
0

The local currency is back into free-fall mode against its major counterpart trading currency, the US dollar, as it records...

Next Post

3 Remarkable Moments During the Courtesy Visit

Ghanaian Doctor Carries Out Surgery At Kumasi Hospital

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Government of Ghana Unveils Official Portraits of President John Dramani Mahama and Vice President Prof. Naana Jane Opoku-Agyemang
  • Who Is the Woman (Sheena Gakpe) in Sarkodie’s Latest Hit “No Sir” and Why Everyone Is Talking about It
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com