Audio By Carbonatix
The National Board for Small Scale Industries (NBSSI) has begun the disbursement of stimulus packages to traders whose shops were destroyed by fire at the Odawna Market.
This follows the completion of registration of victims of the fire outbreak on Wednesday, November 25, 2020.
As at the close of Tuesday, December 1, 2020, 625 fire victims had received support from NBSSI, with 1.83 million cedis disbursed.
In all, the NBSSI will take care of 1,000 out of the 2,000 registered traders while MASLOC supports the rest.
The NBSSI's registration exercise began on Saturday, November 21, and involved the collection of the details of the affected traders, including the capital they would need to restart their businesses.
The Executive Director of NBSSI, Kosi Yankey-Ayeh, during a working visit to the Odawna market at the time to assess the extent of damages caused by the recent fire outbreak, said the registration exercise was ongoing.
She said the NBSSI was working with the Odawna Market Traders Association and the Korle Klottey Municipal Assembly to ensure that the funds were disbursed to victims of the disaster and not imposters.
"The NBSSI is frantically working to complete all the necessary profiling of the requests from the traders to be able to offer them some loan support," she said.
“We started registering them, it is still ongoing; we want to get a good database and get to know the specific needs of the traders. We want to provide the right assistance to each and everyone that registers. Apart from that, the data would help in future planning to meet the needs of the market" she added.
President Nana Akufo-Addo, during a visit to the market on Wednesday, November 18, 2020, directed NBSSI to make available funds to support traders who had their wares destroyed by the fire.
President Akufo-Addo said the directive was to help the affected traders recover from their losses.
He also indicated that government would undertake a re-wiring of all markets in the Greater Accra Region to forestall such tragic occurrences in the future.
Latest Stories
-
I’m not afraid of any intimidating tactics – Sammy Gyamfi fires back at critics
10 minutes -
Youth development must be mainstreamed across all sectors – NYA CEO
16 minutes -
National Apprenticeship Programme surpasses 10,000 target, reaches 14,000 beneficiaries – NYA
20 minutes -
AMA orders aboboyaa, tricycles to install reflectors, avoid major highways
27 minutes -
GACC flags persistent corruption risks despite progress in 2025
35 minutes -
Stalled reforms, funding gaps weakening Ghana’s anti-corruption fight – GACC
36 minutes -
Mahama deserves praise for creating Youth Development Ministry – Osman Ayariga
40 minutes -
Shea butter industry losing millions of raw shea nut through export – Shea Butter Employers Association
40 minutes -
Youth health and wellbeing must remain central to national development – Osman Ayariga
42 minutes -
‘I’ll have onerous bail terms in your brain’ – Sammy Gyamfi fires back at Afenyo-Markin
48 minutes -
Education Minister calls for urgent focus on basic education as infrastructure gaps persist
48 minutes -
Audit Service recovers GH¢24.95m in unearned salaries, irregular payments – GACC
55 minutes -
Nobody is saying there haven’t been losses, but be factual about it – Sammy Gyamfi to critics
57 minutes -
Santasi commercial drivers park vehicles to protest arrests over GH¢1 fare increase
1 hour -
Ghana’s anti-corruption gains threatened by weak enforcement, funding gaps – GACC
1 hour