The Ministry of Works and Housing has entreated the general public to disregard information intended to disparage the National Rental Assistance Scheme (NRAS).
This follows publications on social and traditional media platforms questioning the feasibility of the National Rental Assistance Scheme, which was launched by Vice President Dr Mahamudu Bawumia on Tuesday.
A press statement issued by the Public Affairs Unit of the Ministry of Works and Housing on Wednesday stated that the scheme is a Public-Private Partnership initiative.
“The government has contracted Rent Masters Ghana Ltd, a fully owned Ghanaian company to assist in executing the programme.
According to the release, the government through the partnership would assist eligible Ghanaians to pay their rent in advance through affordable and convenient arrangements.
It stated that the decision to have a public-private partnership was to ensure due process and value of money for the sustainability of the scheme and also ensure accountability and protect the public purse.
“The partnership will help exploit the experience and working business model of rent masters Ghana Ltd to minimise risk and also promote private sector engagement in providing solutions for housing challenges,” it added
It hinted that, while the NRAS website is open for the public to access, work is still ongoing to update its features and contents to reflect the mandate and functions of other partners.
Richard Aniagyei, ISD