Vice President Dr Mahamudu Bawumia, who is also the flagbearer of the ruling New Patriotic Party (NPP), has announced the government’s plan to introduce electric vehicles into the country to lower transportation costs.
Dr. Bawumia emphasised that this initiative will reduce public transportation expenses by at least 40% and decrease emissions.
Speaking at a gathering in Akropong in the Eastern Region, the NPP flagbearer mentioned that these electric vehicles will be introduced before the upcoming December election.
He stated that the government’s main objective is to transition from relying on diesel, gas, and petrol to embracing electric vehicles to support public transportation.
“I will change the dependence on oil and gas for fuel on public transports from diesel and petrol, we are moving to electric power, we are moving to electric vehicles. We are adding one-wheelers, two-wheelers, and three-wheelers.
“We are already done with the estimates on the electric vehicles, and fortunately, the buses will be in before the December election. This will enable the cost of public transportation to decrease by at least 40%,” he said.
Dr Bawumia said if elected in the polls, his administration will revise the tax regime to support businesses. He added that tax amnesty and a 10% flat-rate tax will be introduced to ease the sufferings of business owners.
“I’m also introducing a new tax policy for businessmen and women, which is the flat rate of tax. Like Estonia, if it’s 10%, everybody will enjoy 10%. You could calculate your tax liability and be free from the Ghana Revenue Authority (GRA). Before the initiative, next year, businesses and individuals will enjoy tax amnesty to ensure nobody owes GRA,” Dr. Bawumia said.