Notice: Use of undefined constant REQUEST_URI - assumed 'REQUEST_URI' in /customers/7/8/7/ on line 73 Take Over SADA Assets – Parliament Tells Gov’t — Breaking News Gh

Take Over SADA Assets – Parliament Tells Gov’t

Parliament’s select Committee on Employment, Social Welfare and State Enterprise has recommended to government to take over assets and liabilities belonging to the Savannah Accelerated Development Authority (SADA).

The recommendation comes in the wake of government’ s move to establish three different development authorities for the Northern, Middle belt and Southern sectors of the country which hitherto is being overseen by SADA.

Presenting a report on the Northern Development Authority Bill, 2017, chairman of the Committee, Kwame Anyimadu Antwi, said the Bill, especially clause 34, makes provision for government to take over assets and liabilities of SADA since its operations cover parts of the Volta and Brong Ahafo regions where it already has properties, offices and personnel.

Mr. Anyimadu Antwi, who is the Member of Parliament for Asante Akim Central Constituency, said the committee observed that jurisdiction of the proposed Northern Development Authority is limited to the three regions of the north including Northern, Upper West and Upper East regions, and hence the recommendation.

The new authority is expected to lead and coordinate development initiatives through public-private partnerships, investment drives and facilitation of credit facilities for local enterprises that operate within that catchment area; and also promote a sense of ownership whiles opening job avenues for the people.

SADA was established by an Act of Parliament, Act 805 by the erstwhile government to help bridge the development gap

Source: The Publisher

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