Audio By Carbonatix
Members of the Ghana Timber Association (GTA) have appealed to saw millers for prompt payment of logs supplied to enable them discharge their financial obligations to the Forestry Commission and other stakeholders.
They contended that long delays or failure by saw millers to pay for logs supplied had resulted in their inability to pay royalties to the Commission, compensation for farm produce destroyed, salaries of their workers and repayment of bank loans.
Mr Alexander Dadzie, National First Vice President of the association who was briefing the Ghana News Agency at Takoradi on the outcome of their recent meeting in Kumasi, said court action had been instituted against some of them by their creditors.
New national and regional executive officers were elected at the meeting.
Mr Dadzie said most of their operations were collapsing because of the failure of saw millers to pay promptly for logs supplied and their working capital locked up.
He therefore, advised saw millers who owed loggers to arrange for payment without delay to save them from a "Very difficult situation."
Mr Dadzie however, advised loggers to endeavour to settle debts owed to the Commission to ensure that their operations were not interrupted.
He said the association would soon set up a task force to monitor payment of logs supplied to saw millers, check illegal logging and chain saw operations.
Mr Dadzie urged the members to intensify their re-forestation programmes to ensure better and effective management of the country's forest resources.
He appealed to government to allocate timber concessions to indigenous Ghanaian loggers.
Mr Joseph Armah, outgoing National President, called for unity and cooperation among members and stakeholders to develop the timber industry.
Other national officers elected and sworn into office were, Mr Boateng Opoku, President, Nana Adu Tutu, Second Vice President, Mr Isaac Kofi Nketiah, Treasurer and Mr Kobina Affum, Assistant Treasurer.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
UNIFIL condemns air strikes that injured Ghanaian peacekeepers in Lebanon
8 minutes -
Armed robots take to the battlefield in Ukraine war
33 minutes -
AI-generated Iran war videos surge as creators use new tech to cash in
2 hours -
Kufuor calls for intellectual revolution to fix Ghana’s structural cracks
2 hours -
This Saturday on Prime Insight: Experts to tackle Mahama’s land transit ban on rice and ORAL progress
3 hours -
‘Tragic event’: Israeli Ambassador reacts to missile attack on Ghanaian soldiers in Lebanon
4 hours -
Huge US bomber lands at UK air base
4 hours -
Introducing Regalia Residence: Accra’s new luxury standard
4 hours -
Emirates restores flights as airspace reopens, moves toward full global operations
4 hours -
Widows’ bodies in exchange for land: A call to the state and traditional authorities
4 hours -
Ghanaian faces 20 years in US prison after $100m global romance scam bust
5 hours -
Foreign Affairs Minister engages US, Israel and Iran on protection of Ghanaians
7 hours -
The Republic at 69: A Birthday Party with Too Many Speeches and Too Few Solutions
7 hours -
Ghana’s Economic Turnaround: From Junk Status to Renewed Growth
8 hours -
Seidu Agongo donates Ramadan supplies to Accra Academy students
9 hours
