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Release cash from scrap sales to save the railway company

Release cash from scrap sales to save the railway company

The Railway Workers Union has urged President Nana Akufo-Addo to direct the Railways Ministry to release the GH6 million earned from the auctioning of scrap metals by Ghana Railways Company Limited.

This, they claim, will help purchase fuel and finance other operational costs, preventing the Railways company from going bankrupt.

Godwill Ntarmah, General Secretary of the Railway Workers Union, told Citi News in Takoradi that the railway company is “on the verge of collapse and unable to buy fuel to run its manganese haulage lines as well as pay workers their two months’ arrears.”

Also read: Ghana bought $2m shares in Sky Train Company

As a result, they are pleading with the government to release the funds so that the company can continue to operate.


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