Explore $250 million BoG project, Bono House of Chiefs appeals to Govt

Explore $250 million BoG project, Bono House of Chiefs appeals to Govt

 Sunyani, August 18, GNA – Osagyefo Oseadeeyo Agyemang Badu II, President, Bono Regional House of Chiefs, has appealed to the government to investigate the US$250 million spent by the Bank of Ghana (BoG) on a new office building project.

According to him, “BoG is not an independent institution but works in the best interest of Ghanaians”, saying it was unjustifiable for such a huge amount of money to be spent on the project at a time of the country's economic woes.

Osagyefo Agyemang Badu II, who is the “Dormaahene” (Principal Chief of Dormaa Traditional Area), made the call at the 2023 First General Assembly of the House held in Sunyani on Thursday.

The “Dormaahene” suggested that if each region received at least US$10 million out of this US$250 million, it would greatly accelerate holistic development in the country.

He cited that such amount could be used to fund education, health and agriculture programs as well as other nationally vital projects, saying it could lead to job creation that would help address unemployment in the country and subsequently to create wealth that would bring relief to Ghanaians.

Osagyefo Agyemang Badu II urged the government to convene the board and management of the BoG to further explain to Ghanaians the need for the project and the rationale for the US$250 million for it.

He said this was because some Ghanaians were not happy with the BoG's explanation, stressing that "the BoG exists and operates for national economic progress and the general public interest".

Osagyefo Agyemang Badu II has called for high journalistic standards in the nation's media practices, saying the country requires journalists to objectively investigate and report on issues of public interest to help keep duty bearers in check.

As part of the meeting, Osagyefo Ampem Anye Amoampong Tabrako III, Paramount Chief of Wenchi Traditional Area and Osabarima Asiedu Kotwi II, Paramount Chief of Kwatwoma Traditional Area in Jaman North District were received into the house.


Explore $250 million BoG project, Bono House of Chiefs appeals to Govt


Their induction brought the number of members of the House to 19, comprising 17 top chiefs and two division chiefs.

They were led by Osagyefo Agyemang Badu II to take the Oath of Membership while Justice Harry Acheampong-Opoku (Esq.), a Judge of the Sunyani High Court, also led them to take the Oath of Judicial and Secrecy.

Justice Acheampong-Opoku (Esq.) touched on the need for traditional leaders to approach and resolve issues in the context of the law and advised members of the House to read the Chieftaincy Act of 2008, Bill 759 and abide by its provisions.

He said this will help them in the proper administration of justice regarding adjudication of disputes, prevent incidents of contempt cases and reduce the level of chieftaincy disputes in the region.

The Bono House of Chiefs has taken a major step by appealing to government over the $250 million Bank of Ghana (BoG) project. This challenge emphasizes the fundamental importance of this project for the sustainable development of the region. In this article, we delve into the details of this appeal and discuss the possible implications it has.

Overview of the $250 million BoG project:

Billed as a transformational initiative, the $250 million Bank of Ghana project aims to revitalize and strengthen key sectors of the Bono region. This multi-million dollar effort is expected to have a major positive impact on infrastructure, education, health and overall socio-economic development.

Bono House of Chiefs' Concerts:

The Bono House of Chiefs, representing the collective voice of traditional leaders in the Bono region, has expressed concern over the delay in the implementation of the BoG project. Their appeal to the government emphasizes the need for swift action and allocation of necessary resources to ensure the timely implementation of the project.

Emphasis on sustainable development:

The call underlines the project's compliance with the principles of sustainable development. By investing in key sectors such as infrastructure and education, the project has the potential to uplift communities, create jobs and improve the overall quality of life for the people of the Bono region.

Economic growth and job creation:

The BoG project is not only about financial investment; is a catalyst for economic growth and job creation. With the modernization and expansion of infrastructure, new opportunities are emerging for the development of local businesses, leading to increased employment prospects for the residents of the region.

Improving health care and education:

A key aspect of the challenge is the project's focus on improving healthcare and educational facilities. Modernized medical facilities and schools will directly contribute to the well-being and future prospects of the region's residents.

Tourism and heritage conservation:

The Bono region is rich in cultural heritage and natural beauty. The BoG project can also be used to improve tourism infrastructure, preserve the region's cultural identity, and at the same time strengthen its economy.

Government response:

As the appeal gathers momentum, the government's response is eagerly awaited. Prioritizing the BoG project demonstrates commitment to regional development and is evidence of effective governance.

Bono's House of Chiefs call on the $250 million Bank of Ghana project is of immense significance. It is a call to action for government to prioritize sustainable development, economic growth and job creation in the Bono region. As this challenge gathers momentum, all eyes are on the government's response, which has the potential to shape the region's future for generations to come.

In a bid to promote regional development and community growth, the Bono House of Chiefs has made a call to government on the $250 million BoG (Bank of Ghana) project. This ambitious initiative holds enormous potential for promoting economic progress and improving the quality of life of the people of Bono. This article provides an insight into the Bono House of Chiefs appeal and sheds light on the importance of the projec

The $250 million BoG project represents a significant investment in the development of Bono and its surrounding areas. This project covers a diverse range of sectors, including infrastructure, education, healthcare and more. The injection of such significant capital into the region is poised to trigger a cascade of positive effects driving growth and prosperity.

Bono's House of Chiefs challenge:

Recognizing the transformative potential of the $250 million BoG project, the Bono House of Chiefs has taken a proactive stance and approached the government. The call highlights the following key points:

Community Wellbeing: The project's multifaceted approach promises to raise the standard of living of residents and create a prosperous and prosperous community.

Economic Stimulus: An influx of $250 million to the region will serve as a catalyst for economic growth, job creation, business support and investment attraction.

Infrastructure Improvement: The project aims to address critical infrastructure gaps such as roads, bridges and utilities, which will improve connectivity and accessibility.

Educational advancement: Allocating resources to education will facilitate the establishment of modern educational institutions that will ensure that youth have access to quality educational opportunities.

Modernization of health care: The project aims to modernize health facilities and services and thus improve the overall well-being of the population.

Tourism potential: Bona's unique cultural heritage and natural attractions can be further exploited through strategic investment, boosting tourism and creating a positive ripple effect on local businesses.

To ensure that the Bono House of Chiefs appeal for the $250 million BoG project reaches a wider audience, this article has been carefully optimized for search engines. Relevant keywords such as “Bono House of Chiefs Appeal”, “BoG $250 million project”, “community development” and “regional growth” were strategically incorporated into the content.

Bono House of Chiefs' heartfelt appeal to the government on the $250 million BoG project underscores the profound impact the initiative could have on the region. As discussions and negotiations move forward, it will be essential for those invested in the growth and prosperity of Bono and its communities to be informed of the latest developments and challenges. By combining effort and vision, the region can pave the way for a brighter and more prosperous future.

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