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Ghanaian Financial Considerations to make you laugh or cry

Posted by blackstarlions on November 6, 2015 at 8:05 PM

http://vibeghana.com/2015/10/28/powership-aysegul-sultan-begins-journey-to-ghana/

http://www.myjoyonline.com/business/2015/May-8th/government-considering-introduction-of-bullet-trains.php

Both of these articles, while seeming exciting and revolutionary are realy quite exasperating and revolting. The money that will be spent on either project could be used to fund a full solar campaign, meaning a solar farm, in various key areas of the country so that people no longer have to think about 'lights out'.

Ghana not only has a hydroelectric damn but has been harvesting oil off the shores of Takoradi. Yet the people in the capital, Accra, and the port city of Tema still have power cuts on a regular basis. Not to mention that the costs of petrol are more expensive than many other nations of the world that don't even produce petrol.

Currently petrol costs in the United States average between $2.00 and $3.00 for a gallon (3.7 liters).  That's approximately 7.40ghc to 11.00 ghc. That's 2 - 3 ghc per liter.

The cost of petrol in Ghana is approximately 16.00 ghc per gallon (4.5 liters). That's about 3.5 ghc per liter.

Now. Do we really want to get into the difference between wages in the United States and Ghana? I didn't think so.

The only thing to be said is that the people must educate themselves so that they know when they are being bamboozled. These type of deals can only be made because the people do not even know what is going on. Don't allow your government officials to continue to take advantage of you in this outrageous manner.

Motto for the day: EACH ONE TEACH ONE!

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