NIB donates 10 million cedis towards parliamentary confab

Accra (Greater Accra) 15 July ?99

The National Investment Bank (NIB) on Wednesday presented a cheque for 10 million cedis to assist Parliament towards hosting a weeklong conference of the Commonwealth Parliamentary Association (CPA) in Accra on August seven next year.

Mr. S.O. Boadu, Director/Solicitor Secretary of the bank, who presented the cheque, said the donation was in response to Parliament request for sponsorship to host the conference.

He said the gesture was also in recognition of the social responsibility of the bank to help enhance Ghana's parliamentary democracy.

Dr Kwabena Adjei, Leader of the House, received the cheque and expressed gratitude to the bank for its timely response.

He noted that the last decade of "this century has seen a wind of democratic change throughout the world" and that Ghana had responded to "this change and taken steps to establish a parliamentary democracy under the Fourth Republic".

Dr Adjei said Parliament was making every effort to help unite the legislatures of the West African sub-region as its contribution to enhancing the emerging parliamentary diplomacy.

Parliament, he said, was also playing its role to open up the country for freedom and justice to thrive.

Other organisations have also contributed various sums of money totalling nearly 50 million cedis towards the conference.

They are the Social Security and National Insurance Trust (SSNIT), Bank of Ghana, Bank for Housing and Construction (BHC), Precious Minerals Marketing Corporation (PMMC), Chamber of Mines, Tema Lube Oil, Ghana Aluminium Company, Goil, as well as some steel companies in Tema.