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Ghana Government Allocates GH¢492.5 Million for Disaster Relief Efforts

The Ghanaian government has allocated GH¢492.5 million to assist victims of tidal waves and the Akosombo dam spillage. This includes GH¢200 million for tidal wave victims and GH¢292.5 million for those impacted by the dam spillage, which has displaced over 35,000 individuals.

The Ghanaian government has allocated a total of GH¢492.5 million to assist individuals impacted by recent disasters, including tidal waves and dam spillage. Specifically, GH¢200 million has been designated for victims of the tidal wave disaster affecting Agavedzi and adjacent communities in Ketu South Constituency. This announcement was made by Dr. Cassiel Ato Forson, the Finance Minister, during the presentation of the 2025 Budget Statement to Parliament in Accra.

In addition to the funds for tidal wave victims, the government has also set aside GH¢292.5 million for those affected by the spillage of water from the Akosombo Dam. Reports suggest that over 300 individuals were impacted by the tidal waves, which resulted in the destruction of 50 homes and inflicted damage along 80 kilometers of coastline. President John Mahama has pledged to expedite efforts on a sea defense project designed to shield vulnerable coastlines from future disasters.

The spillage from the Akosombo Dam is estimated to have displaced around 35,857 individuals, including children, as reported by UNICEF. In 2023, the Volta River Authority initiated a controlled release of water from the dam to prevent an overflow, which subsequently led to flooding in low-lying communities along the Volta River, particularly affecting the North and Central Tongu districts.

In summary, the Ghanaian government’s allocation of GH¢492.5 million reflects its commitment to addressing the urgent needs of those affected by tidal waves and dam spillage. The financing aims to support displaced communities and aid reconstruction efforts. Furthermore, President Mahama’s assurance of enhancing coastal defenses signals proactive steps toward mitigating future disasters.

Original Source: www.ghanabusinessnews.com

Oliver Grayson is a noted investigative reporter whose work has spanned over 20 years in various newsrooms worldwide. He has a background in economics and journalism, which uniquely positions him to explore and uncover stories that intersect finance and public policy. Oliver is widely respected for his ability to tackle complex issues and provide clarity and insight into crucial global matters.

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