Friday, November 13, 2026
Rainbow Radio
  • Home
  • General News
  • Governance
  • Sports
  • Politics
  • Health
  • Entertainment
  • Economy
  • Home
  • General News
  • Governance
  • Sports
  • Politics
  • Health
  • Entertainment
  • Economy
No Result
View All Result
Rainbow Radio Online
Home General News

Ghana bought AirtelTigo for $1, not $25million-Minister

April 26, 2021

The Minister for Communications Ursula Owusu-Erkuful has slammed the MP for Ningo Prampram describing, him as a liar.

The Minister debunked assertions that the AirtelTigo sale to Ghana cost the nation $25 million.

RelatedPosts

Pay cocoa farmers GH¢30.55bn owed before pushing local processing – Minority tells gov’t

Govt promising jobs in 2030 while Ghanaians cry for work Now – Minority

Minority describes government’s New Economy as a rebranded 24-Hour Economy

According to her, the good negotiation skills resulted in Ghana purchasing Airtel Tigo for just a dollar.

She has since challenged the MP to providence evidence to his claims that Ghana bought the comp0any for $25 million.

The Deputy Ranking Member on Parliament’s Communications Committee, Samuel Nartey George, recently asked the Minister of Communications and Digitalisation, Ursula Owusu-Ekuful, to provide more details on the government’s takeover of AirtelTigo.

“I believe that the Minister of Communications must give us more details. She must give us the true state of AirtelTigo. She must give us a plan on what they are going to do with that asset,” he said

“Government used to have 30 percent shares in Airtel but the government failed to make the capital injection into Airtel. And as of 2018, when Airtel appeared before the parliamentary committee, they told us the government’s 30 percent had been revalued to 3 percent because of the failure to do investment. Government has shares in Vodafone. Vodafone is also complaining that the government is not making the requisite investment.”

“How is it possible that a government that is not able to make an investment for a 30 percent holding in an entity will get the requisite capital to buy a whole network to do the requisite investment and run it well?” Sam George asked.

But in a short reply, the Minister wrote: ”Some people find it very difficult to believe we can negotiate good deals for government. I signed the AirtelTigo contract. We acquired it for just a dollar.

Someone, an MP, says he heard me say we paid $25 million. A barefaced lie…. blatant untruth.

Please ask Sam George where he heard that. Then Sit back and listen to long, English grammar and drama…. just keep your eyes on the ball. How much did we pay to acquire the company? 1 dollar, Simple!!”

By: Rainbowradioonline.com

ShareTweetShareShare

Related Posts

Amin-Adam

Pay cocoa farmers GH¢30.55bn owed before pushing local processing – Minority tells gov’t

November 13, 2026
79313

Govt promising jobs in 2030 while Ghanaians cry for work Now – Minority

November 13, 2026
79314

Minority describes government’s New Economy as a rebranded 24-Hour Economy

November 13, 2026
79298

2027 budget is a ‘Voodoo Budget’ full of rebranded failed promises – NPP’s Krobiah

November 13, 2026
79255

IJM supports NCCE with IEC materials to intensify fight against child trafficking

November 13, 2026
79250

Prisons Service launches Medicine and Equipment Bank in Ho to boost inmate healthcare

November 13, 2026

Recent News

79404

New Gomoa Ajumako Akwansrahene calls for collective effort to accelerate development

November 13, 2026
620202555755-1j041q5ccw-solomon-owusu

2027 budget aligns with our Great Gransformational Plan — United Party

November 13, 2026
79314

Minority accuses government of presenting conflicting figures in 2027 Budget

November 13, 2026
Amin-Adam

Pay cocoa farmers GH¢30.55bn owed before pushing local processing – Minority tells gov’t

November 13, 2026
  • Trending
  • Comments
  • Latest
Muntaka-750x375

Monday, March 31, and Tuesday, April 1, 2025, declared as public holidays

March 23, 2025
image-27

Business Committee of Parliament constituted with Ato Forson as Chairman

January 10, 2025
Screenshot_20230811-133044

17-year-old boy caught having sex with a pregnant dog

August 11, 2023

Something drastic must be done about prices of property in Ghana-Lawyer

June 14, 2021

Hello world!

79404

New Gomoa Ajumako Akwansrahene calls for collective effort to accelerate development

travel4

Washington prepares for Donald Trump’s big moment

travel1

CS:GO ELeague Major pools and tournament schedule announced

79404

New Gomoa Ajumako Akwansrahene calls for collective effort to accelerate development

November 13, 2026
620202555755-1j041q5ccw-solomon-owusu

2027 budget aligns with our Great Gransformational Plan — United Party

November 13, 2026
79314

Minority accuses government of presenting conflicting figures in 2027 Budget

November 13, 2026
Amin-Adam

Pay cocoa farmers GH¢30.55bn owed before pushing local processing – Minority tells gov’t

November 13, 2026

Stay Connected test

  • 135 Followers
  • 20.2k Followers
  • 207k Subscribers
  • 24k Followers
  • 99 Subscribers
Rainbow Radio Online

© 2022 Rainbow Radio International

Navigate Site

  • General News
  • World
  • Sports
  • Business
  • Entertainment
  • Politics
  • Health
  • Opinion
  • Economy
  • Odd News
  • Culture
  • Lifestyle
  • Lifestyle
  • Governance
  • Technology

Follow Us

No Result
View All Result

© 2022 Rainbow Radio International

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version