Connect with us

News

Akufo-Addo presents GH¢2M to 1,000 persons living with disability

Published

on

The President, Nana Addo Dankwa Akufo-Addo, has presented GH¢2 million to 1,000 persons with disabilities, who are also entrepreneurs, under the Presidential Empowerment for Male Entrepreneurs with Disability (PEMED).

Launching the event at the Jubilee House, on Friday, 24th July 2020, President Akufo-Addo stated that the funds would provide some relief, and also empower persons with disabilities to improve their economic circumstances.

“You, the beneficiaries, have already undergone training in areas such as financial management, business management, risks, marketing, and operations. It is expected that you will be guided by the structured training you have undergone, to enable you scale-up your businesses, and create job opportunities for people,” he said.

The President continued, “Fifty percent (50%) percent of the financial support on offer today are grants, whilst the other fifty percent (50%) are interest-free loans payable over two years. This is a demonstration of Government’s commitment to empower financially the one thousand (1,000) beneficiaries of this initiative, and help mainstream them into national economic activity.”

He stressed that the Ministry of Business Development, through the National Entrepreneurship and Innovation Plan, will continue to provide mentorship, training, and monitoring, to ensure the successful execution of the businesses of the 1,000 beneficiaries.

Recounting how Government, in 2019, provided similar funding to 1,000 persons with disabilities who were also women entrepreneurs, President Akufo-Addo stated that within a year, 850 disabled women entrepreneurs received financial support and training to build up their capacity, and enhance their competitiveness under the Presidential Empowerment for Women Entrepreneurs with Disability (PEWED).

The remaining 150 are due to be given support within the next two (2) months.

As a result of this intervention, the President told the gathering that through the PEWED initiative, “the beneficiary entrepreneurs have been able to expand their businesses, and have created about 280 direct and indirect job opportunities for Ghanaians.”

CLICK HERE ➡️  Ghanaians to enjoy another 3 months of free electricity, water – Ofori-Atta announces

As co-Chair of the Group of Eminent Advocates for 2030 United Nations Sustainable Development Goals, the President noted that the initiative to provide funding to disabled male and female entrepreneurs is in line with SDG Nos. 1, 4, 5, 8 and 10, which relate to poverty reduction, quality education, inclusion, and equal opportunity amongst others.

“Government is committed to building an inclusive society in which every citizen has the opportunity to develop his or her God-given talent to the full, where the circumstances of one’s birth are not barriers to a citizen’s participation in the process of national development,” he added.

That is why the President noted that the policies and programmes introduced by Government, since 2017, have been geared towards enhancing the productive capacity of all Ghanaians, enabling them to contribute meaningfully to the nation’s social and economic transformation.

Citing examples such as the Free Senior High School policy, the programme for Planting for Food and Jobs, the National Entrepreneurship and Innovation Plan, One District One Factory policy, and the One Village One Dam policy, he stated that these are some of such initiatives, aimed at improving the lives of the citizenry, and helping to develop a knowledge-based society to make Ghanaians globally competitive.

With the ceremony taking place against the background of the COVID-19 pandemic, whose rapid spread has wrought devastation to all the economies of the world, President Akufo-Addo stressed that the pandemic notwithstanding, Government is determined to revive and reinvigorate the economy.

“But we will do so in safety. So, as you go about your business activities, remember to observe the enhanced hygiene, mask-wearing and social distancing protocols to help us defeat the pandemic. I charge all of you to go out there, and make us proud,” he added.

Share this story:

To submit your views and opinions. Go to our Facebook Page (Find the article and post your comment) We do care so much about your Views & Opinions

Advertisement

Trending

Lifestyle12 mins ago

Beautiful Photos Drop As Kyeiwaa Ties The Knot In A Plush Traditional Marriage

Finally, Kumawood actress Rose Mensah, popularly known as Kyeiwaa has tied the knot. The actress tied the knot to her...

News33 mins ago

Bawumia opens 100-bed Infectious Disease Centre at Ga East (Photos)

The Vice President, Dr. Mahamudu Bawumia on July 24, 2020 commissioned Ghana’s first-ever 100-bed Infectious Disease Centre at the Ga-East...

News41 mins ago

Akufo-Addo presents GH¢2M to 1,000 persons living with disability

The President, Nana Addo Dankwa Akufo-Addo, has presented GH¢2 million to 1,000 persons with disabilities, who are also entrepreneurs, under...

Lifestyle9 hours ago

Old woman mobbed on suspicion of witchcraft in Savanah Region

A video circulating on social media reveals a horrible incident whereby a 90-year-old woman is been lynched to death. According to reports,...

Lifestyle9 hours ago

Two ladies dating one guy bump heads in his room

In a new interesting video, a young man who appears to be dating two ladies at the same time gets...

Music12 hours ago

Strongman – Mokobe ft Wendy Shay | Listen

Ghanaian rapper, Strongman Burner has released the 4th song of his 10- track 10AM album. After releasing Bossu, Pilolo and...

News12 hours ago

Government announces reduction in 9% CST charges

Government has announced a reduction in the Communication Service Tax (CST) from nine per cent to five per cent. The move is...

Celebrities13 hours ago

You couldn’t manage Strongman and you think you can manage Ghana? – Ghanaians react to Sarkodie

Rapper Sarkodie has disclosed via his social media handles that he has plans to contest as a presidential candidate in the 2024...

Celebrities16 hours ago

Trassaco mansion and new Range Rover: Hajia4Real shows off her new boyfriend

The real owner of Hajia4Real’s body has been a topic that has been emotionally debated for weeks now. It got...

Celebrities16 hours ago

I promise to be there for you always – Adebayor finally forgives Funny Face

Finally, angry Emmanuel Adebayor has forgiven his best friend and brother from another mother, Funny Face. It was a very bad moment...

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

TRENDING