The material cost for spraying one bus however, was GHc 14, 210.00
The revelation of the cost of the buses in the 2015 Annual Report on the Petroleum Revenues Fund has led to public debate with Parliament also asking for further answers on what led to the high cost.
Pulse.com.gh on Wednesday revealed that Smartyys Productions and Management is the company that executed the branding of 116 Bus Rapid Transit Buses(BRT) to the tune of GHS 3,649,044.
It has emerged that a pro-forma invoice dated 17th July 2015, and signed by the Accounts Officer of Smarttys Management and Productions and copied to the Ministry of Transport, put the total cost of branding for each bus at Ghc30,420.00.
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The material cost for spraying one bus is GHc 14, 210.00 whiles the cost of one vision sticker is GHc 10,000.
The Ministry of Transport has been the centre of controversy in parliament as debates on the 2016 budget continued.
The minority leader drew the speaker's attention to an item in the accounts of expenditures made from the petroleum revenues fund by the Ministry of Transport in 2015 which had to do with the amounts spent on branding 116 Metro Mass Transit buses.
Referring to the 2015 Annual Report on the Petroleum Revenues Fund, the Ministry spent GHC31,000 on branding the images of eight former presidents on each Metro Mass Transit bus.
"Mr. speaker, the ministry at this rate spent GHC31,000 branding each bus. That is exorbitant and cannot be tolerated."
Osei Kyei Mensah- Bonsu then charged the Minister of Transport, Dzifa Attivor to " purge" herself of the apparent financial anomaly.
Smartyys Productions is owned by popular actress Selassie Ibrahim who is also the wife of Ibrahim Adam, a former minister of Agriculture under the Rawlings administration.
The spraying and branding of each bus is reported to have cost GHS 31,457.28.