Haruna Iddrisu bemoans lack of Investor interests in the Northern Sector

The Minority Leader in Ghana’s Parliament, Haruna Iddrisu, has bemoaned the disinterest of investors to establish their businesses in regions in the Northern part of the country for the needed job opportunities that would help bridge the poverty gap between the north and the south.

He has therefore emphasized the need for a serious research into why the private sector has refused to invest in the northern sector of the country despite juicy incentives granted by almost all the past governments since independence.

“We need to find out why the private sector was really not interested in investing in the north, notwithstanding every promise by successive governments that ‘I grant you tax exemption, go and invest’.”

The MP for the Tamale South constituency made the call during his contributions to the debate on the establishment of a Northern Development Authority Bill 2017, which is currently before Parliament for consideration.

The Bill seeks to establish the Northern Development Authority to provide a framework for accelerated socio-economic Development of the constituencies and areas in the Upper East, the Upper West and the Northern Regions of Ghana.

The Ghana Living Standard Survey has consistently established that these parts of the country are among the poorest areas in terms of socio-economic development.

In order to address the lop-sided development, there has been the need to ensure equal and equitable distribution of the benefits of economic growth across the country to promote integrated development and reduce the levels of poverty in the Northern Zone.

The Bill is expected to establish the framework that would enable the Northern Development Authority take off from where the Savannah Accelerated Development Authority (SADA) left off and inherit its assets, rights and liabilities that fall within the jurisdiction.

Source: Clement Akoloh

 

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