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Jul 5, 2011

GH¢3.4million for drainage project


Alhaji Mohammed Kwaku Doku, the Asunafo North Municipal Chief Executive, says the Ministry of Finance and Economic Planning(MoFEP) has authorized Ministry of Water Resource, Works and Housing to commit GH¢3,443,141.24 for the construction of the Goaso and Mim drainage projects in the Asunafo North District of the Brong Ahafo Region.

He explains that the amount is being charged against the Multi Sectoral (Social Investment Fund) vote in the 2011 annual estimates.

Alhaji Doku made this known in Accra, when he received the commencement certificate for the projects, saying “the completion of the work will curb erosion and the people are eager to see the actual commencement of the project”.

He was therefore hopeful that the project will solve the erosion problem that has persisted for some time now.

The MCE expressed gratitude to the President for fulfilling his promise to solve the drainage problems of the two communities by ensuring that funds were released for the projects.

Insurance policy for farmers launched

Mr. Fredirck Quayenortey, the Chairman of the Board of the Directors of National Insurance Commission (NIC), has launched the Ghana Agricultural Insurance Programme (GAIP).

The programme which is in collaboration with the German International Co-operation (GIZ) and National Insurance Commission (NIC), will primarily involve maize farmers in the three northern regions.

Mr. Quayenortey, launching the Programme, explained that the project will improve access to agricultural and rural finance, enhance farmer’s incomes and improve food security in the medium to long-term.

According to him the programme seeks to support the development and introduction of agricultural insurance solutions for Ghanaian farmers.

Dr. Fred Brand, the Country Director of GIZ, on his part said the programme will ensure that agricultural insurance become beneficial to farmers and farmer-based organizations.

He added that maize is being used because, it is the most important staple crop in Ghana, which contributes significantly to consumer diets, adding that it is also the number one crop in terms of area planted and accounted for 50 to 60 percent of total cereal production.

Source : ISD