Makola Market Fire: Gov’t Donates GHc2.29m To Affected Victims

The Ministry of Trade and Industry has presented a cheque for $2.29 million to businesses damaged by the Makola fire tragedy on July 5, 2021. The presentation was done by the Sector Minister, Alan Kyerematen who reaffirmed the government’s support for Ghana’s informal trading sector.

The presentation of the cheque was made in the company of the President of GUTA, Dr. Joseph Obeng; Mayor of Accra, Elizabeth Sackey; Director-General of NADMO, Nana Agyemang Prempeh, Chief Executive Officer of the Ghana Enterprise Agency, Kossi Yankey, among others.

“I tasked the Ghana Enterprises Agency to liaise with other key stakeholders, particularly the Ghana Union of Traders Association (GUTA), Accra Metropolitan Association (AMA), and the National Disaster Management Organisation (NADMO) to determine liquidity relief support for you, the affected victims. I also tasked GEA to work with the Ministry of Trade and Industry to ensure transparency in the disbursement of funds”, he said.

“In all, 98 victims were identified as having suffered levels of losses as a result of the unfortunate fire incident. The government has, therefore, released an amount of ¢2.29 million to be disbursed to these victims. This support, we believe, will go a long way to mitigate the adverse effects on your businesses as a result of the fire incident,” he added.

“I wish to assure you that the team has gone through a rigorous transparent process to determine the level of support to each victim, hence it is my wish that beneficiaries apply the money to take care of very critical needs,”he further noted.

The distribution is in session, according to Kosi Yankey-Ayeh, Chief Executive of the Ghana Firms Agency, with all 98 enterprises asked to provide proof of identification at any Consolidated Bank branch for payment.

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