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Adum fire: Gov’t to negotiate flexible loan repayment plan with some banks for affected traders

Mon, Mar 31 2025 6:18 PM
in Ghana General News
adum fire govt to negotiate flexible loan repayment plan with some banks for affected traders
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President John Mahama has tasked the Ashanti Regional Coordinating Council and the Gender Ministry to negotiate with banks for the extension of loan repayment time for persons affected by the Adum Blue Light Arena fire.

Already, the RCC is compiling list of individuals indebted to banks for support.

“Some of them complain about their bankers pestering them to repay their loans. I made this available to the President, who has requested that we take the details of the traders and their bankers so we know the loans they have taken and be able to intervene. We hope the banks give them some breathing space whiles we see how best we can support them to repay the loans”, he said.

WhatsApp Image 2025 03 31 at 17.53.53

The Minister added, “MASLOC CEO and the Gender Minister have been here. The Gender Minister was interested in the gender specific database which we have extracted all that, I will make it available to her by Wednesday and MASLOC too so they see how best they can come in.”

According to figures from the National Disaster Management Organisation, about 2900 people were affected by the Adum fire.

WhatsApp Image 2025 03 31 at 17.53.52

By the figure, 1500 people claim not to be in position to feed themselves, hence, foodstuff support.

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“It was based on this report that the Interor Minister, Hon. Mubarik Muntaka brought the rice and oil. We have decided that those who are in need and have come around, the NADMO should still let them have access to the materials”, he said.

WhatsApp Image 2025 03 31 at 17.53.51

Dr. Amoakohene emphasised, “We have been able to register most of the traders, if not all of them, according to how they operate their businesses, so all support that is coming in will be channeled through the data provided so we can meet specific needs.”

About eight people have been referred to the Komfo Anokye Teaching Hospital for psychological support.

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