May 26, 2019

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Nima to receive face lift with ‘regeneration’ project

Nima to receive face lift with ‘regeneration’ project

Nima is set to receive a major facelift as part of government plans to “regenerate” the area.

President Nana Akufo-Addo said he was excited by these plans during his state of the nation address.

As he touched on developments in the housing sector, the President said: “the most exciting news on the housing landscape, though, is the drafting of plans to regenerate Nima, which holds the dubious title of being Accra’s first slum.”

But Nima has been “unable to shake off the urban-slum title,” he added.

President Akufo-Addo, who resides in Nima, also said these plans “will not dislodge or dispossess residents, but would rather transform Nima into a well-laid out residential area with full amenities.”

“I am looking forward to it, good work that is being done by the Ministries of Inner City and Zongo Development and Works and Housing.”

Other housing developments

Also on housing, the President said the “Saglemi Housing Project, started under the last NDC government, is also high on our list of priorities this year.”

“The 5,000 units it offers would boost our housing numbers. We are, therefore, establishing the value for money issues surrounding the project in order to reconcile the number of houses built with the schedule of payments made, and accelerate delivery.

The president acknowledged Ghana’s housing deficit, which stands at at least 1.7 million units, saying “it is time to tackle the issue and find a resolution.”

“We are starting with the completion of the many abandoned projects dotted around the country. A consortium of local banks has raised 51 million dollars to fund the completion of the social housing units started by the Kufuor administration in 2006 at Koforidua, Tamale and Ho.”

In addition, President Akufo-Addo said the “Ministry of Finance is working to launch a one billion Ghana cedi housing fund that would target low-income earners.”

“Government will continue with the other housing projects for the police, armed forces and government workers across the country, through agencies like the State Housing Corporation,” the President assured in addition.

By:  citinewsroom.com | Ghana

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