Video: GFCL Is Not a Scam - Contractors Admit

Contractors executing various automated modern toilet facilities across the country for Ghana First Company Limited, a waste management firm under a Public Private Partnership with Government of Ghana have admitted that the GFCL is not a scamming company as suspected.

According to the Contractors, they were made to believe that the activities of GFCL were scam but after meeting with the management(GFCL), they were convinced that GFCL mean business and assured them of their corporation.

They said, peace has prevailed because issues that were bothering them had been explained to them in detail and based on what they have seen and documents shown to them, GFCL is not a scam.

Addressing the media after a successful meeting with the management of GFCL, Chairman of New World Construction Ltd, Mr Emmanuel Dapaah on behalf of his colleague contractors appealed to the government to support GFCL to acquire all the necessary documents in order for GFCL to get a loan to pay them.

Ghana First Company Limited (GFCL) entered into a Public –Private Partnership (PPP) arrangement with the Metropolitan, Municipal and District Assemblies (MMDAs) in Ghana concerning the construction of Ultra-Modern ICT toilet facilities all over the country.

The MMDAs gave an undertaking to provide bare lands and the Land Title Documents on the lands for the construction of the toilets. The structures built and the Land Title Documents were to be used solely by GFCL as collateral in addition to other requirements demanded by the financial institutions to secure funding.

Though GFCL has provided its requirements to the financial institutions for the funding of the project, the MMDAs have until date refused to provide the Land Title Documents, a key requirement by the financial institutions. This has unduly hindered the company’s efforts to secure funding for the project.
The management of the company however, thinks the MMDAs failure to submit the Land Title Document as they undertook to do is the main cause of the delay in securing funding by GFCL for the project.

Nonetheless, GFCL would greatly appreciate it if the MMDAs would respect the undertaking they made to submit the Land Title Documents of the lands they released for the project to enable the company secure the needed funding for the project and has appealed to institutions and other bodies to patronize their offices.

Watch the video below:

Comments

Invest your profits back into farming - COCOBOD boss to Cocoa Farmers

Joseph Boahen Aidoo is Chief Executive Officer of COCOBOD The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, has charged cocoa farmers to be business minded in operating their farms and to partake fully in the various programmes introduced by COCOBOD to ensure good farm yields and to increase profits. "Good farming practices, like pruning, the timely application of fertilizers and proper pests control are essential at all times," he said. Joseph Boahen Aidoo stated this while interacting with farmers in the Ashanti and Brong Ahafo Regions, on the first day of his week-long tour of cocoa farms across the county. He was accompanied by the Deputy Chief Executive of Operations at COCOBOD, Dr Emmanuel Opoku, as well, as Directors and Research Scientists from COCOBOD. The tour is aimed at assessing the level of farmer participation in the various farm productivity improvement programmes implemented by COCOBOD; it is also...

AFCON 2019: Coach Kwesi Appiah drops Asamoah Gyan?

Black Stars captain Asamoah Gyan Black Stars Skipper, Asamoah Gyan could be dropped from the 23-man contingent for the 2019 African Cup of Nations in Egypt, Coach Kwesi Appiah has hinted. This came to light when some journalists visited the coach with a prophet at his private residence in Kumasi. The prophet (name withheld) had gone to tell the coach that he had had a vision that, “Asamoah Gyan and Andre “Dede” Ayew was returning from Egypt leading the national team with the African Cup that they had won for the country”. But the coach reportedly impressed on the prophet to “work around Dede Ayew if he could, because Asamoah Gyan would be dropped since he’s battling with injury and also out of form”. Kwesi Appiah, who has no option but to win the AfCON or lose his job, reportedly said, “I can’t rely on Gyan so it’s likely I would drop him”. Ghana looks to win the AfCON after 37 years with a potential squad that has been labelled as “feeble and inferior”, as comp...

Physically challenged student wins Quran competition and gets all-expenses-paid Hajj trip

Master Luqman Swallah (INSET) A 17-year-old physically challenged student of the Aswaj Islamic School at Techiman in the Bono East Region, on Sunday came up tops at the Twellium National Quran Recitation Competition, aimed at promoting the studying of the Quran as a way to help the youth eschew social vices. For his prize, Master Luqman Swallah is getting an all-expenses-paid trip to Mecca in Saudi Arabia to be part of the Hajj pilgrimage to holy sites this year. In addition to the all-expenses-paid pilgrimage, Master Swallah also won a GH?20,000 cash prize, a NASCO tablet as well as assorted products from Twellium. He won the Kamil Ma'a Tafsir category, finishing ahead of Ashanti regional representative, Mohammed Sani and Saeed Mohammed Qasim of the Western Region who placed second and third respectively. In an interview after receiving his prize, Master Swallah said he never dreamt of going on the Hajj because he was from a poor home. He expressed gratitude to God and the sp...

Odi News Network

Search This Blog