Business News of Monday, 24 June 2019

Source: ghananewsagency.org

Sissala East hits 50% of its annual revenue target in first quarter

Sissala East Municipal Chief Executive, Mr Karim Nanyua, addressing the assembly session Sissala East Municipal Chief Executive, Mr Karim Nanyua, addressing the assembly session

The Sissala East Municipal Chief Executive, Mr Karim Nanyua, has described as encouraging the ability of the Assembly to mobilise 50 per cent of its yearly targeted revenue by April ending 2019.

He said efforts by the Assembly was encouraging but appealed to all to pull resources and efforts together to ensure the yearly revenue mark was met or exceeded.

The Municipal Assembly as at April this year had its internally generated funds (IGF) pegged a GH?319,930.90 out of GH? 673,094.48 annual target.

This represents about 50 per cent of the targeted revenue in 2019.

Mr Nanyua said this during the 1st Ordinary Session of the General Assembly in Tumu where he named the Assembly’s sources of funding to include IGF, District Development Facility District Assembly Common Fund, Assembly Investment and donor support.

The Assembly has been handed over the site for the construction of a storey building for Tumu Senior High Technical School which officials said was about 40 per cent complete.

It has also sent a proposal to DDF under 2016 DPAT fund seeking approval from the regional coordinating council for 300 metallic dual desks for basic schools and extension of electricity to parts of the Tumu Municipality.

It is equally seeking for the construction of a 3-unit classroom block for Sakai, CHPS for Nankpawie and constructing of a 3-unit classroom for Tumu Girls model school.

The rest are drilling, testing and construction of five boreholes and opening up of Tumu town roads.

“In addition, 5.7 km of Tumu town roads have been awarded contracts by the urban roads for surfacing,” Mr Nanyua said.