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Mar 29, 2012

GH¢100M to boost SADA activities

H. E John Mahama, Vice-President, says government has released GH¢100 million as first tranche of funds for the activities of the Savannah Accelerated Development Authority (SADA).


He said the remaining GH¢100 million seed capital will be released in the second quarter of the year to support the execution of projects for accelerated development.

Mr. Mahama announced this in Tamale during the inauguration of SADA Stakeholders Coordination of Committee in Tamale under the theme: “Investing in people, jobs and strategic infrastructure.”

It will, among other things provide inputs into all SADA projects and programmes, and liaise with management to ensure its successful implementation and execution.

Mr. Mahama further pointed out that the Chinese government has provided a grant of GH¢12 million to purchase agricultural equipment to expand the sector to reverse the current North-South migration of the youth for non-existent jobs.

According to him, government has also presented the five-year medium development plans of SADA to Parliament for approval as a working document.

He said two rice mills will be positioned at the SADA ecological zone to purchase paddy rice from farmers, whilst shea nut farmers, will be encouraged under the SADA programme to produce large quantities of shea butter for export.

Mr. Alhassan Andani, Board Chairman of SADA, on his part said the committee will serve as the general assembly to offer advice to the Authority on its activities to achieve its goals.

Mr. Moses Bukari Mabengba, Northern Regional Minister, also expressed satisfaction with the programme and expressed optimism that by the end of its mandate period of 20 years will help improve the standard of living in the area.

Source: ISD