Govt bags GHS58m from stool lands
The Minister of Lands and Natural Resources, Mr Kwaku Asomah-Cheremeh, has said steps have been taken to improve the management of revenues generated from stool lands.
Taking his turn at the meet-the-press series in Accra on Wednesday, 11 September 2019, Mr Asomah-Cheremeh said in 2018, the Office of the Stool Lands mobilised a total of nearly GHS58 million.
As of June 2019, he noted that a total of about GHS50 million, representing over 40 per cent of the revenue target of GHS110 million, was mobilised and disbursed.
“A number of activities were undertaken geared toward improving stool land revenue mobilisation and disbursement to stated beneficiaries (Metropolitan, Municipal and District Assemblies, MMDAs, Stools and Traditional Authorities). These revenue sources include Mineral Royalties, Timber Royalties, Ground Rent, Farm Rent and Mining Concession Rent.
“In the year 2018, the office mobilised a total amount of nearly GHS 58 million.
“As of June 2019, a total amount of about GHS 50 million, representing over 40 per cent of the revenue target of GHS110 million, was mobilised and disbursed.
“This shows a marked improvement over that of the previous year,” Mr Asoma-Cheremeh stated.
Source: ClassFMonline.com
Trending Business

Volta investment roadshow next week: Unlock prime growth opportunities for investors
12:22
DVLA opens state-of-the-art ultra centre in Dansoman under PPP
13:42
Oti regional investment roadshow to catalyse local investment and unlock regional potential
08:27
GA/R: Trotro mates in Ashaiman undergo three-day empowerment training to improve conduct and passenger relations
12:33
GIPC board chair leads Volta Regional investment roadshow to unlock local economic potential
11:58
Vice President outlines bold vision for Ghana’s aquaculture growth
12:13
Ghana Air Traffic Safety Engineers Association suspends planned strike
08:07
GRA confirms SML Ghana delivered on contractual obligations — refutes claims of “no work done”
18:13
Agrofood & Plastprintpack Ghana 2025 kicks off in Accra
17:33
COCOBOD inaugurates management committees to strengthen governance and efficiency
15:31



