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Establish Credit Schemes - NBSSI


2006-09-01 12:07:52
This article has been read 1302 times.

The Executive Director of the National Board for Small Scale Industries (NBSSI), Nana Baah Boakye has called on district assemblies in the Northern region to establish credit unions through which people could obtain funds to establish rural enterprises for poverty alleviation.

He said if the credit unions were established and managed properly they could play a key role in facilitating accessibility to loans by individuals to engage in economic activities such as shea-butter extraction in which the region had comparative advantage.

Nana Boakye, who is also "Atipimhene" of the Offinso Traditional Area, made the call when addressing a monthly review meeting of District Chief Executives (DCEs) in Tamale on Thursday, as part of his one-week duty tour of some districts in the region.

The meeting, the first in the region, offered the DCEs the opportunity to share ideas and experiences, especially on revenue mobilisation and development activities, as well as serve as a forum for lobbying for projects for their communities.

The NBSSI, among other functions, provides skills and management training, organises workshops on technology transfer and facilitates access to credit and registration of businesses.

Nana Boakye urged the district assemblies to collaborate with the NBSSI in the planning of pro-poor interventions to alleviate poverty among the people. He announced that the NBSSI was operating in 10 out of the 18 districts in the region, adding that some of them would benefit from the Millennium Challenge Account (MCA) facility where the services of the Board would be more useful to the attainment of the objectives of the MCA.

Earlier, the Executive Director paid a courtesy call on the Northern Regional Minister, Alhaji Mustapha Ali Idris at his office. Alhaji Idris said the NBSSI operations in the region were timely and useful to the youth to acquire employable skills.

He urged the NBSSI officials to intensify their operations in conflict prone areas such as Yendi, Bimbilla and Tamale to help provide skills training to the youth to divert their attention from "negative acts".

"In your efforts to provide assistance, you must be mindful of the chieftaincy divide in Dagbon and ensure that jobs are distributed equitably" he said.

Alhaji Idris said the Northern region was endowed with opportunities, which could be explored for the benefit of the people, "but many people are not aware of these".

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