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Govt mini cars for ‘okada’ riders, others: Here are the modalities

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Modalities have been released for potential beneficiaries of the government’s CODA Drive Initiative, a programme under the Coastal Development Authority (CODA).

Under the initiative, Bajaj Qute vehicles have been purchased and is set to be given under a financing arrangement to individuals and small businesses as part of livelihood improvement and empowerment drive.

The Coastal Development Zone is also looking at using the mini cars to help phase out the use of motorcycles for commercial purposes within the major city centers, a business known in local parlance as ‘okada.’

Vice President Mahamudu Bawumia is expected to officially launch the initiative later this month. The okada debate formed a major plank of the New Patriotic Party’s 2020 campaign with the government kicking against its legalization as against the National Democratic Congress’ promise to legalize the trade.

CODA has recently released modalities for the purchase and payment of the quadricycles spanning five major areas.

Find the modalities plus other terms and conditions below:

Requirements of beneficiaries (Non-Okada riders)

To qualify as a beneficiary of the CODA Drive initiative, an individual or small business:

1. Must be a member of any farmers, fishers, taxi drivers, ‘Okada’ riders or ‘Aboboyaa’ riders association for at least a year.

2. Must be resident within the Coastal Development Zone (Oti, Volta, Greater Accra, Central, Western and Western North regions).

3. Must possess a valid driver’s license, minimum Class B.

4. Must be a member of CODA Credit Union and possess a CODA Credit Union membership card.

5. Must complete an application form that should be endorsed by two guarantors.

6. Must submit completed forms to the regional office of CODA for further processing.

Requirements of Okada riders

To qualify as a beneficiary, an okada rider:

1. Must possess a Ghana Card.

2. Must possess a valid driver’s license, minimum Class B.

3. Must surrender their registered motorbike.

Price and Payment

1. The price of the vehicle is GH¢25,000.00.

2. The payment shall be on hire-purchase.

3. An individual or small business who is selected to benefit must make an initial payment of 40% of the selling price.

4. The balance with an interest rate of 2% per annum shall be spread over 24-month equal installments.

5. Based on the hire-purchase agreement, the Authority shall have ownership of the vehicle until payment is completed by the buyer/beneficiary. As such, all documents to the vehicle shall be held by the Authority until payment is completed.

Insurance

All CODA Drive vehicles are insured before they are distributed.

Registration

All CODA Drive vehicles shall be registered in the name of CODA Credit Union before they are distributed to the beneficiaries. Ownership of a vehicle shall be transferred to a buyer/beneficiary after completion of payment.

Source: ghanaweb.com

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News

2608 persons die through road accidents between Jan. to Nov. 2021

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A total of 2608 people have been killed through road traffic accidents between January to November 2021, the latest data released by the National Road Safety Authority(NRSA) has revealed.

The number is an increment over last year’s (2020) data as 2500 deaths were recorded.

The data also reveals that 14138 persons are battling various degrees of injuries.

Motorbikes have been established to kill more people as within 11 months, 1140 people were killed and 4293 injured.

Furthermore, 726 pedestrians were knocked down and died in the process.

The data shows that the Ashanti Region continues to lead road traffic fatalities so far as 534 people have been killed in the region with 3438 persons injured.

The North East and Oti Regions are however do relatively better with13 and 20 road accidents related death recorded respectively over the past eleven months.

Source: kasapafmonline.com

Eye witness to any social issue,occurrence or any form of information you would like to share,kindly send us a report via email : editor@modernnewsgh.com or via Phone +233246319949
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Education

WAEC releases 2021 WASSCE results, over 140,000 candidates score F9 in Maths, English [Statement]

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The West African Examinations Council (WAEC) has released provisional results of candidates who sat for the 2021 West Africa Senior School Certificate Examination (WASSCE).

This follows the completion of all post-examination processes.

A total of 446,352 candidates, made up of 221,439 (49.6 %) males and 224,913
(50.4 %) females from 965 schools entered for the examination.

The figure is 18.8% higher than the 2020 figure of 375,763.

A total of 3,545 (0.79 %) of the candidates who registered were absent from the examination.

WAEC has explained the entire results of 3,667 candidates have been withheld pending the conclusion of investigations into various cases of examination malpractice detected during and after the conduct of the examination.

The scripts of candidates from 194 schools in certain subjects have also been withheld
and are being scrutinised.

Candidates have therefore been advised to contact their Heads of school for their results.

The Council has also hosted the results online and candidates who so desire,
may access their results at the Council’s website or dial the shortcode *944#.



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Local

VIP bus heading to Upper West involved in an accident, 10 reported dead

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A VIP bus returning from Kumasi to a Section of the Upper West Region has been involved in an accident with over 10 people losing their lives

As reported from Jirapa, Confirmed Information reaching Core News Ghana has it that a VIP bus with Registration Number 5693-15 traveling into the Upper West Region from Kumasi is involved in a fatal accident.

Reports say over 10 persons have lost their lives.

Eye witness to any social issue,occurrence or any form of information you would like to share,kindly send us a report via email : editor@modernnewsgh.com or via Phone +233246319949
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