July 28, 2010

The Minister for Water Resources, Works and Housing Hon Alban Sumana Bagbin, has slammed the opposition New Patriotic Party over its strong criticism of the STX Housing deal which is expected to be brought back to parliament later this week for approval.

In a Press conference held on Tuesday July 27 the former opposition leader said the opposition-led attacks against the deal are not only “mischievous” but what he calls acts of “naked jealously.”

The Nadowli West Member of Parliament also slammed the National Chairman of the NPP, Mr. Jake Obetsebi Lampety, for criticizing the STX Housing deal even though he was uninformed about the details.

The press conference was to respond to the opposition’s attacks against the deal and to, as he puts it, lay bare the facts surrounding the STX Housing Agreement, and the factors that influenced the withdrawal of the Finance Committee’s report on the 1.5 billion dollar Loan Agreement that is to finance the 30,000 Housing Units to be constructed for the nation’s security services.

In a carefully worded statement read to a packed hall of journalists at the Conference Hall of the Ministry of Information, Hon Bagbin painted a rather gloomy picture of the nation’s Housing sector, stressing that the situation required a government action that is bold and swift to reduce Ghana’s huge Housing deficit. In doing so, he said, the Mills administration will ensure transparency in all its actions.

Hon Bagbin also hinted that the STX Housing Loan agreement has been revised with some amendments made to some specific provisions, but failed to give details.

He also rejected claims that Ghanaian companies will not benefit from the Housing deal, insisting that all the 30,000 houses will be built only by Ghanaian Contractors.

Hon Bagbin also disclosed that the Ghanaian economy will reap massive benefits from the STX Housing deal.

He further called for unity of purpose to help deal with the nation’s Housing Sector crisis, but insisted that the Mills administration is not afraid to make the right decisions and the right choices even if they are not politically popular in order to improve the basic living standards of Ghanaians.
The Minister for Water Resources, Works and Housing Hon Alban Sumana Bagbin, has slammed the opposition New Patriotic Party over its strong criticism of the STX Housing deal which is expected to be brought back to parliament later this week for approval.

In a Press conference held on Tuesday July 27 the former opposition leader said the opposition-led attacks against the deal are not only “mischievous” but what he calls acts of “naked jealously.”

The Nadowli West Member of Parliament also slammed the National Chairman of the NPP, Mr. Jake Obetsebi Lampety, for criticizing the STX Housing deal even though he was uninformed about the details.

The press conference was to respond to the opposition’s attacks against the deal and to, as he puts it, lay bare the facts surrounding the STX Housing Agreement, and the factors that influenced the withdrawal of the Finance Committee’s report on the 1.5 billion dollar Loan Agreement that is to finance the 30,000 Housing Units to be constructed for the nation’s security services.

In a carefully worded statement read to a packed hall of journalists at the Conference Hall of the Ministry of Information, Hon Bagbin painted a rather gloomy picture of the nation’s Housing sector, stressing that the situation required a government action that is bold and swift to reduce Ghana’s huge Housing deficit. In doing so, he said, the Mills administration will ensure transparency in all its actions.

Hon Bagbin also hinted that the STX Housing Loan agreement has been revised with some amendments made to some specific provisions, but failed to give details.

He also rejected claims that Ghanaian companies will not benefit from the Housing deal, insisting that all the 30,000 houses will be built only by Ghanaian Contractors.

Hon Bagbin also disclosed that the Ghanaian economy will reap massive benefits from the STX Housing deal.

He further called for unity of purpose to help deal with the nation’s Housing Sector crisis, but insisted that the Mills administration is not afraid to make the right decisions and the right choices even if they are not politically popular in order to improve the basic living standards of Ghanaians.

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