President Akufo-Addo on June 11, 2018, sworn into office the governing Boards of the Coastal, Middle Belt and Northern Development Authorities, and the Zongo Development Fund Board.
In a brief ceremony held at the Banquet Hall of the Jubilee House, President Akufo-Addo explained that the need for the establishment of the development authorities, as promised in the run-up to the 2016 elections, was based on the determination to begin a new paradigm of development in Ghana.
According to the President, the manner in which development has proceeded so far in the country has not addressed the fundamental problems of development that confronts our country.
“We had a lot to do with the profile that the development process has been undertaken up till now. We made, therefore, the commitment that we will attempt a new paradigm, a bottom-up approach to the development of our nation,” the President said.
He continued, “It will be required that the manner in which the capital expenditure of our various budgets has, hitherto, been spent, will be done in a different way. We will appropriate from the capital budgets of our country a certain amount of money that will go the Development Authorities to enable them to tackle the issues of development at the grassroots.”
Akufo-Addo explained that the pledge of the equivalent of “one million dollars per constituency” will be the funds “that will be at your disposal, to be able to meet the objectives of the development authorities.”
In justifying the establishment of the Zongo Development Fund, President Akufo-Addo explained that the need to make a special intervention in the inner cities and Zongos was as a result of the “manner in which the development of our nation had been organized”.
This, he said, necessitated the establishment of Zongo Development Fund, “that will also have as its targets the addressing of the specific needs of the community.”
On behalf of the Members of the Boards, the Chairperson of the Coastal Development Authority Board, Edmund Annan, assured the President of their commitment to the task as members of the board.
“We accept that we cannot expect to do the wrong things over again and expect different results,” and called for the support of all towards the realization of the desired goals for the development authorities. Edmund Annan said