The National Identification Authority (NIA) has stated that the Ghana Card is self-financing, and the nation stands to gain from the exercise.
Briefing the Parliamentary Committee of the Whole on concerns raised relating to the issuance of the Ghana card, the Chief Executive Officer of National Identification Authority, Professor Ken Attafuah indicated that, the project is self-financing, contrary to assertions that Ghana is going to incur unimaginable costs on it.
According to Mr. Attafuah, aside the initial first year cost of USD 293 million, the subsequent costs would be borne by proceeds from the exercise.
He said a total estimated cost of the project amounts to USD 1.2 billion over a 15 whole life year period, where Ghana is to raise USD 124 million to fund its initial contribution, with IMS raising additional USD 169 million in mixed debt and equity.
He revealed that the project received two approvals from the PPAC in 2014 prior to same final approval in 2018.
Giving key cost components of the project, Prof. Ken Attafuah revealed that, cost of the card production accounts for 71% of the total costs of the project.
Adding that a total of 90.4 million cards would be issued over 15 year period.
Other cost breakdown includes 53.6 million smart cards at a cost of USD 5.40 per card and 36.70 million 2D card at USD 1.50 per card.
Operational cost for the 15 years, He said, includes recruitment and training of personnel for the exercise.
The exercise includes the registration of citizens both home and abroad, development and implementation of effective communication, including public campaign.
Others include the establishment of regional, zonal and district offices across the country, also at missions abroad to provide daily registration services.
According to him, capital expenditure for the project covers the central site, registration equipment, disaster recovery system, telecommunication setups and operational vehicles.
“NIA would also ensure that the system is sustained through the upgradement of the technical system every 5 years to a cost of USD 59.6 million.
Maintenance and support of the system would also cost USD 118.1million over the 15 year period.
USD 124 million out of the USD 296 million represents 42% of the 1st year project cost to be spent on central site, upgrading of the NIA Data Center from tier 2 to 3 level, procurement of disaster recovery system, procurement of printers, generators and other items for the project”. He disclosed.
He, however, called on Ghanaians and all stakeholders to support the project to success.