Politics of Friday, 2 September 2016Source: ultimatefmonline.com3 development authorities to administer $275m Ipep fund - BawumiaDr. Mahamudu Bawumia, NPP Vice-Presidential CandidateThe 2016 vice presidential candidate of the New Patriotic Party, Alhaji Dr. Mahamadu Bawumia, says the recently announced Infrastructure for Poverty Eradication Programme (IPEP) will be administered by three (3) development authorities to be established by an Akufo-Addo government, God-willing, from January 2017. These development authorities, he said, are the Northern Development Authority, for the 3 northern regions; the Middle-Belt Development Authority, for the Brong Ahafo, Ashanti, and Eastern Regions; and the Coastal Development Authority for the 4 coastal regions. “All these 3 authorities will be reporting to the Office of the President, and they will be the vehicles for the implementation of the Infrastructure for Poverty Eradication Programme,” he added. With 57 constituencies making up the 3 northern regions, Dr. Bawumia indicated that “the Northern Development Authority will handle US$57 million for the three northern regions. The capital budget will allocate the equivalent of US$1 million to every constituency.”He concluded by stressing that IPEP “is the new approach to poverty eradication.

Source: GhanaWeb September 02, 2016 08:15 UTC