• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Government places embargo on contracts worth more than Ghs 2 million

5 years ago
in Business, highlights, Home, home-news, latest News
1 min read
0 0
0
Deputy Information Minister, Pius Hadzide - norvanreports

Deputy Information Minister, Pius Hadzide - norvanreports

63
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

The Government of Ghana (GoG) has placed restrictions on the signing and implementation of government contracts which have to do with the provision of goods and services worth more than Ghs 2 million.

Also, contracts which fall in the purview of the Ministry of Works and Housing and worth more than Ghs 5 million have also been embargoed.

The decision by government, according to the Deputy Minister for Information, Pius Enam Hadzide, follows the transitioning of the Akufo-Addo-led government into a second term which commences on January 7, 2021.

“Contracts involving goods and services worth more than Ghs 2 million would not be approved by government. Same applies to contracts in the area of works and housing that are worth more than Ghs 5 million, even the signing of Memorandum of Understanding (MoU) for these contracts are not allowed,” he said.

“In addition, appointment of staff for government agencies cannot be made and big decisions to be made by heads of government agencies, departments and ministries will all have to wait till the end of the transition period,” he added.

The Deputy Information Minister made the disclosure in an interview with Accra-based UTV monitored by norvanreports.

President Akufo-Addo following his re-election to the presidency after emerging winner of the 2020 Presidential and Parliamentary elections, constituted a fifteen (15) member transition team.

RelatedPosts

Tullow Oil Exits Kenya With $120m Sale to Auron Energy

GSE Market Cap Hits New Record High of GHS 160bn as Indices Extend Gains

Cyber Security Authority Warns High School Graduates Over Indecent Social Media Posts

The creation of the transition team by the president was is in line with the Presidential (Transition) Act, 2012 (Act 845), enacted to govern the handing-over of government from one administration to another.

Find below persons who constitute the transition team created by the president:

Source: norvanreports
Tags: Deputy Information Ministergovernment contractsTransition team
No Result
View All Result

Highlights

From Glory With One Race Win to Triumphing by a Single Point – The Most Dramatic Drivers’ Title Comebacks in F1 History

Board Chair of Energy Commission Concerned About Low Participation of Females in Electrical Wiring

CAF Champions League: Second-Leg Primer as Early Pacesetters Look to Finish the Job

Premier League: Red-Hot Liverpool Face Palace Test as Arsenal Try to Keep Pace

President Mahama Touts Ghana’s Economic Rebound at General Assembly

President Mahama Calls for UN Security Council Reform, Reset of Global Financial System at 80th UNGA

Trending

Business

Tullow Oil Exits Kenya With $120m Sale to Auron Energy

September 26, 2025

Tullow Oil Exits Kenya With $120m Sale to Auron Energy Tullow Oil plc has completed the sale...

GSE Market Cap Hits New Record High of GHS 160bn as Indices Extend Gains

September 26, 2025

Cyber Security Authority Warns High School Graduates Over Indecent Social Media Posts

September 26, 2025

From Glory With One Race Win to Triumphing by a Single Point – The Most Dramatic Drivers’ Title Comebacks in F1 History

September 26, 2025

Board Chair of Energy Commission Concerned About Low Participation of Females in Electrical Wiring

September 26, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.