GHANA PRESIDENT AKUFO-ADDO INSPECTS OIL MILL FACTORY AND OTHER PROJECTS

Ghana’s President Akufo-Addo inspect and commission different projects in the state capital.

During the inspection of the Birim Oil Mill in Kade, President Akufo-Addo said; the project will enable small scale farmers to increase their cultivation of Oil palm. Meanwhile, Oil palm will serve as input for products like laundry soaps, personal wash detergents, refined cooking oil and edible palm oil.  This factory will also employ over 300 skilled and unskilled individuals.

Furthermore, some 10,000 workers are expected to work on a 25,000 acre oil palm plantation. The oil palms from this plantation will help feed the Birim Oil Mill. Local farmers will also sell their products to the factory. Which will in turn create more revenue from local content products.

Meanwhile, the project is under the government’s 1 District, 1 Factory Initiative (1D1F). The initiative is aimed at having a factory in every District across the whole nation.

Furthermore, the government has also approved an incentive framework to the 1D1F initiative. This incentives include tax holiday, duty waivers and interest rates subsidy which will help companies to position themselves for greater productivity and efficiency.

President Akufo-Addo also commissioned the Akim Oda, Akwatia and Winneba water supply projects. These projects are results of a partnership between Ghana and Turkish Exim bank. The Turkish Exim bank contributed US$168 million while Ghanaian government brought US$28 million for the project.

We know that water is very important, because it is vital for human existence and survival. This is why the Ghanaian government has set up projects that will help solve the nation’s water problem.

The projects originally kicked-off during the tenure of former President John Agyekum Kufuor which included an off-river reservoir on the Birim River; a 4,000m3 ground level reservoir at Bamanase, a 2,000m3 ground water tank at Winneba and other of such projects around the country.

Other Projects

President Akufo-Addo also commissioned a new District Police Headquarters at Ofoase and also a new Science Resource Centre at Ayirebi Senior High School.

All these projects certainly show a growth in the infrastructural development of the country. Hope other African nations can take a cue from this and even implement strategies similar to the 1D1F initiative.

Click Here to see other related articles.

Please share, follow us on Twitter and don’t forget to like us on Facebook

 

Leave a Comment