25.2 C
Accra
Saturday, September 14, 2024
NewsWe will give breakdown of $48m when 13th African Games is over...

Date:

We will give breakdown of $48m when 13th African Games is over – LOC

Local Organising Committee (LOC) for the 13th African Games has admitted that the government of Ghana has allocated an amount of $48 million as the operational budget for the hosting and organisation of the Games.

The LOC made this public following the release of some documents by Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa ahead of the games.

In a social media post dated February 26, 2024, Mr Ablakwa stated that the three entities have agreed to spend a significant and unjustifiable US$48 million on “operational expenses” for the 13th African Games, scheduled to be hosted in Ghana from March 5 to March 23, 2024.

Despite admitting to this, the LOC has noted that it cannot make public details of what comprises the $48 million budgeted for presently.

“Secondly, the $48m quoted in the letter leaked by Hon. Ablakwa as the operational budget for the hosting and organisation of the Games goes into recurrent expenditure, and the LOC will be in a better position to give a breakdown when the Games are over,” the LOC said in a statement.

The LOC noted that the operational budget of the LOC cannot be limited to the 18-day period of the Games as hosting pan-continental competitions such as the iconic African Games comes with significant investment but also, with enduring country-impacting benefits.

“The impression created by Hon. Ablakwa that the sum of USD$48m will be spent within the period spanning 8th-23rd March is an erroneous and disingenuous ploy to divert the attention of Ghanaians from the excellent work done by the Government of Ghana and the LOC to organise and host the 13th African Games. This is the first time Ghana is getting the opportunity to host the most significant sporting tournament in Africa since it was first established in 1965,” it added.

The LOC continued: “It must be noted however, that hosting 54 African countries comes with huge cost implications in the areas of Medical and Anti-doping, Transport, Accommodation, Catering. Branding, Games Management System. Team Ghana preparation, Broadcasting and Equipment for 29 sporting disciplines among others.”

According to Mr Ablakwa, “this staggering US$48 million is an entirely different amount from the mega US$195 million (GHS2.4 billion) already spent on infrastructure for the games.”

“At the prevailing exchange rate, US$48 million is equivalent to a colossal GHS602 million,” he added.

Will you vote in the 2024 general election?
Will you vote in the 2024 general election?

Latest stories

Germany to accept 250,000 Kenyan workers under new labor agreement

Germany has reached a landmark agreement with Kenya to...

Postecoglou appeals for empathy during the Bentancur’s racing incident probe

Tottenham manager Ange Postecoglou defended Rodrigo Bentancur after the...

Mbappe and Vinicius unperturbed by criticisms; they are happy – Carlo Ancelotti

Real Madrid coach Carlo Ancelotti has expressed confidence in...

Ghanaians prioritize formal education over industrial development – Apostle Kwadwo Safo

Apostle Kwadwo Safo, a Ghanaian industrialist, inventor, and pastor,...

Related stories

Ghanaians prioritize formal education over industrial development – Apostle Kwadwo Safo

Apostle Kwadwo Safo, a Ghanaian industrialist, inventor, and pastor,...

PNC’s Bernard Mornah, 2 others file nomination forms

The Presidential candidate of the People’s National Convention (PNC),...

Re-electing Mahama will lead Ghana to ruin – Salam Mustapha

The Youth Wing of the New Patriotic Party (NPP)...

DRIP has potential but is poorly executed – Mahama

The National Democratic Congress (NDC)'s presidential candidate, John Dramani...

LEAVE A REPLY

Please enter your comment!
Please enter your name here