
Audio By Carbonatix
The Ghana National Council of Private Schools (GNACOPS) say the National Board for Small Scale Industries (NBSSI) is treating them unfairly by refusing to disburse to them the agreed loan amounts in the stimulus package.
According to the Council, NBSSI is only willing to give its members far less, in some instances only one per cent of the amount they requested.
Addressing the press at a news conference in Accra on Monday, a researcher with GNACOPS, Moses Braimah described the situation as disheartening.
"What we mean is that, after we had submitted our applications and have gone through the processes, we went to the NSSBI to find out that we are only receiving 1% of the stated amount," he said.
In September, The National Board for Small Scale Industries (NBSSI), Kosi Yankey-Ayeh revealed that the government had budgeted GHS50 million for private schools as part of measures to alleviate the impact of the novel coronavirus.
Executive Director of NBSSI, Kosi Yankey-Ayeh explained that approval has been given for the disbursement of stimulus packages to over 1,000 private schools.
But speaking at Monday's event, Moses Braimah further explained that some of the schools had rejected offers from their respective bankers on the basis of the expected bailout by the NSSBI only to be greeted by theses meagre amounts which he said reeks of 'disrespect.'
The mother body of private schools in the country is therefore appealing to the President to intervene before private schools collapse as some of them are already beginning to fold up.
"The collapse of the private schools will jeopardise the system and make educational system unfunctionable," he said, considering the infrastructural deficits which they compensate for, as far as public education in Ghana is concerned.
He also called on the Education Ministry to support the private schools in this cause.
Latest Stories
-
South Africa’s anti-migrant protesters march nationwide, after thousands flee violence
57 minutes -
Ebola outbreak could cost Africa up to $3.6 billion, UN says
1 hour -
Bayer’s $7.25 billion Roundup settlement gets August hearing date
1 hour -
TikTok to settle with teen plaintiff before California social media trial, law firm says
1 hour -
Mbappe scores twice as France breeze past Sweden into last 16
2 hours -
Chinese tycoon sentenced to 30 years in US jail
2 hours -
Apple says it is releasing updates early in response to AI cybersecurity concerns
2 hours -
Boeing says IT outage affected computer systems, applications
2 hours -
AC Milan sign PSG’s Portugal striker Ramos for £60m
2 hours -
Villa among four Premier League clubs fined by Uefa
2 hours -
Rosenior nears management return at Paris FC
2 hours -
Basketball superstar LeBron James to leave LA Lakers
3 hours -
Flooding in Accra – It’s all about leadership (or lack of it)!
3 hours -
Warrior King’s Tourbillon raises the bar for African luxury watchmaking
3 hours -
Koeman resigns, while Netherlands report racist abuse
3 hours