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Regional News Thu, 23 Jun 2005

Take advantage of PSI - Minister urges

Bolgatanga, June 23, GNA - Mr Boniface Gambilla, Upper East Regional Minister, on Wednesday said that the Government would soon introduce the President's Special Initiative (PSI) in cotton, sorghum, groundnut oil and craft in the Norther, Upper East and Upper West Regions. This, he said, would involve assisting the private sector to establish their own businesses, and asked those interested to contact the Ministry of Private Sector Development and the PSI for advice.

Mr Gambilla said this when he opened a three-day seminar on "Business Skills and Wealth Creation" in Bolgatanga, organised by the Divine Touch Foundation (DTF), a local nongovernmental organisation (NGO), for business people and the youth. He said the Government had faith in the private sector because it believed that when the private sector was encouraged and motivated to invest in viable business, employment avenues would open up for many people.

The Minister urged the people not to be afraid to invest but to do so in more than one type of business during the same period. He said: "It does not matter where we choose to invest, what is necessary is that we need to have the relevant knowledge in whatever field we decide to invest in and to know that business is a means to improving and sustaining our economic base and life style."

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Mr Daniel Ogbame Tetteh, Vice President of Data Bank, who was the main facilitator, said it was necessary to create wealth through hard work in order to kill poverty. He said there was work for everybody if only people were prepared to use their hands and brains, saying: "In all labour, there is profit". He stressed that white colour jobs were not the only way to work and earn money, and urged the youth to stimulate their brains and to plan while they put their hands to what ever would bring them an honest income.

Mr Tetteh advised all workers to invest a part of their earnings for the future instead of spending everything and leaving nothing for their retirement and children. Mr Joseph Adongo of the DTF said the seminar was aimed at imparting the secrets of wealth-creation through knowledge sharing, instilling in the people a sense of investment and investment opportunities. He encouraged people to take their destiny into their own hands. He noted that many people remained unemployed or under-employed due to ignorance and that knowledge in the field of business and other investment could improve the status of the people.

Source: GNA
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