Rams🌍n Dadj🌏ah🇬🇭

Works @ GHS.

Simplicity is the ultimate sophistication ~Leonardo DaVinci

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

@richies_donsav @FabrizioRomano 😂😂😂

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

We have no creativity, so we have no option than to defend

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

@AzaniaMade1 @malisecullen Which law is he even talking about?
You assault people on the street and you talk about rule of law. Why are most of you so stupid. No wonder you all squat in roofing sheets

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

@T53318Abel @malisecullen It does. You are such an idiot you can't even think. All it takes is SA companies losing deals on the continent and fools like you will understand

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

@theys60990 @_GhChronicles Your mother is the one who's dramatic. Have we not seen you have k....d people since 2015? Aboa ba

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

@KevinEkowTaylor They aren't in their wives' kitchens. They are busy working

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

@LegacySiu Cancelo

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

@BalogunAbass12 English, social studies

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

He could be saying, 'If there was no Messi, people could actually take this serious'

[TCR. @TeamCRonaldo]

The Evolution of the Greatest football player of all time. 🐐

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

@the_marcoli_boy Rule number 1, Messi is our god

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

@M_adrileno How far bro

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

@wofaase_ 😂😂😂

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

@ghonetv Man talks too much. Has it even ever happened that an illegitimate member even showed up to be sworn in?
The courts have spoken. It wasn't even his call to make

[Bright Simons @BBSimons]

Do you know what is happening here?

Well, it is State Enchantment at work.

The Honourable Parliamentary Leader is refusing to be hypnotised. But as you can see it is a real strain. He is being forced to doubt what his own five senses are clearly telling him. 😂

You will also notice that the figures appear to be metamorphosising. Sometimes you see $1.7m. Then it becomes ~$96m. Then $147m. Also there is some $296m. And of course, $240m. All classic State Enchantment.

If you mounted an official enquiry, this Houdini-like shape-shifting won't go away. Call it the "magical fog" of State Enchantment.

I always tell readers that anytime you hear about a "scandal", you should perform one test: ask yourself if you understand it at first glance. If you do, then there is no scandal. You are barking up the wrong tree. 😊

Your best bet for spotting that something shady is going on in official matters in Ghana is for that something to have twisted layers upon twisted layers. For that something to require unpacking. For the glaze to fall off your eyes slowly until, finally, you can say, "oh, so that is the gig!" At least, where big money is concerned, this is the only way.

Anytime you hear any report of something meant to be scandalous that you can understand on first reading or hearing, immediately dismiss it. Example: no one is just going to walk into some state vault and cart off public money, or gold for that matter.

If the citizens really want to safeguard the nation's resources, then they are going to need to make the time to read up and very objectively follow every strand of the analysis served up.

In this e-gates case, what is happening here is classic scope-fudging. The same service has been split into strips that can be priced and repriced depending on the tone and direction of negotiations.

In the end it is still a software package for screening people entering and leaving Ghana. Whether you do so through Aflao's murky rope barrier, a booth at Kotoka with a smiling uniformed officer, or a shiny glass and aluminium barrier called a "e-gate".

It is the same set of underlying risk management software tools and cheap Chinese machines. It shouldn't cost more than $2.5 million if we simply utilise the EXISTING e-immigration infrastructure in Ghana.

The mode of extracting cash from Ghana through this e-gates phantasm is the exact same approach taken with the Ghana Card.

The project is presented as costing a huge amount. ~$300m in the case of e-gates or ~$1.2bn to $1.6bn in the case of Ghana Card. The government guarantees a clear revenue stream. Public fees and charges are designated as how the investor - in this case, Margins - gets paid.

To sweeten it all up, Margins commits to do the upfront investment. And be paid a guaranteed stream of future public fees. Sounds eminently reasonable. They are bearing all the risks. Government has limited liability. Such wonderful patriots. Order of the Volta, yes?

Except, of course, the public fees won't materialise as promised. Government becomes responsible for the "arrears" and Margins ends up bearing no real risks since no one ever does any value for money audits on how much they really spent in the first place.

If things continue along this path, Ghana will owe Margins more than $500 million by the end of next year. This e-gates thing will become another avenue for piling up debt.

Let me be very clear. I think the folks behind Margins are among the sharpest entrepreneurs in Ghana today. They have cracked a model that is dazzling in its sheer profitability and sizzling elegance. They have built stupendous wealth through the public-private partnership pathway that few business people took seriously.

My beef is that whilst all this is good for Margins, it is not great for Ghana's fiscal health.

Having studied the Margins model across different projects, I have concluded that the risks are heavily tilted against Ghana. I will illustrate shortly with another example.

There needs to be major reforms. We are talking of fiscal liabilities that could rack up into a significant share of Ghana's GDP in the next 10 years.

Because the bulk of the situations sapping money from Ghana's coffers are of this form, any initiative to "recover loot" that assumes that there is some cash stashed around to be hauled in won't generate enough cash to meet expectations. There will be a lot of motions and some real embarrassments for the outgoing ruling party, but the recovered sums in four years would be meagre.

For any such initiative to be really successful, it should focus a lot more on delicate surgery to the Republic's dealmaking. A prime example being how to reform the Margins' PPPs and similar contracts. That is where the bulk of fiscal savings can come from.

The problem is that we don't have a serious elite consensus when it comes to these kinds of deals. I know FOR A FACT that there are many members of parliament in the incoming ruling party who support some of these schemes.

Hence why I applaud the Honourable Chief Whip of the outgoing opposition side in the 8th Parliament for daring to take at least one Margins PPP on. It is not a fashionable fight.

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

@sarkodie You are the best rapper I know, but your indifference in many difficult times recently makes you quite selfish. Myself and family has been NPP for a long time, but this current crop which you fail to criticise is a real dent in the power you have

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

She is beautiful. That's all I can say

[Don @Opresii]

Where can I vote right now? I’ve finally decided

[blaq @weezy_blaq]

The NPP and the NDC spend millions of Dollars of taxpayers money to procure Toyota v8s for themselves but cannot buy Combined Harvesters to feed the Nation. As Ghanaians reason beyond NPP&NDC and vote wisely for Nana Kwame Bediako, Cheddar #12 for proper development in Ghana.

[Bright Simons @BBSimons]

1. In 2020, the Bank of Ghana (BoG) decided to build a new head office (HQ) for ~$100 million.

2. The Public Procurement Authority did its evaluation and said for what they need ~$81.8 million should be enough.

3. BoG invited 5 companies to bid.

4. De Simone & Boogertman+Partners submitted the design for the 25-storey building on the left.

5. BoG decided to award the contract to Goldkey for the design on the right. The floors of the main tower were reduced to 20 but an additional shorter block was added, ostensibly increasing floor space.

6. The cost went up to ~$121 million with PPA approval.

7. In 2022, BoG took another look and increased the budget to ~$200m.

8. By September 2023, the project was at 40% completion. Analysts projected final costs at $250m.

9. In November 2024, the project was "commissioned" with the look on the right.

10. Information we have is that the "commissioning" is technically dubious because the project is around 81% to 85% complete with a large amount of interior work, utility installations, and amenities outstanding.

11. Further information suggests that the central building management system that is supposed to enable control of security, utilities, and ventilation etc. is still stuck in considerable design and troubleshooting issues.

12. Some analysts project final costs to top $300 million. It would be nice to see a proper statement from the Bank of Ghana explaining the *true state of affairs*.

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

@kaytdey @GabbyDarko Have you seen this country jail corrupt people before?

[Rams🌍n Dadj🌏ah🇬🇭 @RamsonDadjoah]

@nuumooshatta Pogba any day