Audio By Carbonatix
Nana Addo Dankwa Akufo-Addo, has, in accordance with applicable laws, sworn into office the governing boards of the Coastal, Middle Belt and Northern Development Authorities, and the Board of the Zongo Development Fund.
At a brief ceremony held at the Banquet Hall of the Jubilee House, on Monday, 11th June, 2018, President Akufo-Addo explained that the need for the establishment of the development authorities, as promised in the run-up to the 2016 elections, was based on the determination to begin a new paradigm of development in Ghana.
According to the President, the manner in which development has proceeded so far in the country has not addressed the fundamental problems of development that confronts our country.
“We had a lot to do with the profile that the development process has been undertaken up till now. We made, therefore, the commitment that we will attempt a new paradigm, a bottom-up approach to the development of our nation,” the President said.
He continued, “It will be required that the manner in which the capital expenditure of our various budgets has, hitherto, been spent, will be done in a different way. We will appropriate from the capital budgets of our country a certain amount of money that will go the Development Authorities to enable them to tackle the issues of development at the grassroots.”
The President noted that, fortunately, the Ministry of Special Development Initiatives has already done a lot of work in conducting a needs assessment survey across the 275 constituencies, and the same issues of road infrastructure, sanitation, and educational infrastructure, remain the basic issues that confront the various localities in our nation.
“We are doing this because we believe that if these authorities succeed in their task, it will enable us to have a much more evenly balanced development of Ghana,” he said.
He explained that the pledge of the equivalent of “one million dollars per constituency” will be the funds “that will be at your disposal, to be able to meet the objectives of the development authorities.”
On the rationale for the establishment of the Zongo Development Fund, the President explained that the need to make a special intervention in inner cities and zongos was as a result of the “manner in which the development of our nation had been organized”.
This, he said, necessitated the establishment of Zongo Development Fund, “that will also have as its targets the addressing of the specific needs of the community.”
He was confident expressed confidence at the quality of the expertise that have been appointed to form the boards of the authorities and the ZDF, and charged them to work together in undertaking their tasks.
On behalf of the Members of the Boards, the Chairperson of the Coastal Development Authority Board, Mr Edmund Annan, assured the President of their commitment to the task as members of the board.
He said, “We accept that we cannot expect to do the wrong things over again and expect different results,” and called for the support of all towards the realization of the desired goals for the development authorities.
Latest Stories
-
Ampem Darkoa equal Hasaacas Ladies’ record after beating them in Women’s League final
4 hours -
MTN Ghana engages media, partners at 2026 stakeholders forum in Accra.
5 hours -
T-bills auction: Government records undersubscription for 5th week running; interest rates continue to rise
6 hours -
Sub-Saharan Africa GDP growth to soften to 4.3% in 2026
6 hours -
Passenger arrivals decline 18.9% month-on-month to 110,087 in January 2026
6 hours -
Consumer spending records strong performance in January 2026, but construction sector activities declined – BoG
6 hours -
Number of advertised jobs falls in February 2026 – BoG
6 hours -
Government’s new free primary healthcare policy marks a turning point in saving lives in Ghana
6 hours -
Asiedu Nkekia heads north, hists Upper West on Monday
7 hours -
Aduana family rejects ‘breakaway’ claim, reaffirms loyalty to Okyenhene
8 hours -
Mahama applauds progress on Tamale Teaching Hospital Cardiology Centre
8 hours -
GRASAG holds 30th Annual National Congress at UCC, elects new leadership
8 hours -
Nyinahini Bauxite Deal: Community pushes GIADEC to consider local investors
8 hours -
Assafuah alleges nepotism at NPRA over rapid promotion and GH¢90k transfer grant
10 hours -
Fire ravages Berekum Cinema Hall, destroying property worth thousands of cedis
11 hours