HomeCurrent AffairsTeachers to get home-owning retirement packages – Akufo-Addo

Teachers to get home-owning retirement packages – Akufo-Addo

Teachers to get home-owning retirement packages – Akufo-Addo

The President, Nana Addo Dankwa Akufo-Addo has announced that through a subsidised loan program, Ghanaian teachers will have an opportunity to own homes anywhere across the country.

He was speaking at the 6th Quadrennial and 53rd National Delegates Conference of the Ghana National Association of Teachers (GNAT) in the Ashanti Region.

“Through a subsidized loan program, teachers would be provided an opportunity to own houses in desired locations in various parts of the country. I am fully aware that one of the challenges facing the teacher is the ownership of homes. Beyond the finance is their inability to purchase homes where they intend to retire.”

“Within the next two years, it is proposed that 10,000 housing units on affordable terms will be developed for teachers across the country”, he added.

Government aims at developing 10,000 housing units across the country in the next two years for this initiative.

According to the President, the move is part of the government’s plans to provide affordable housing for teachers.

Adding that, talks are already ongoing between the Ministries of Education and Works and Housing, teacher unions, and the National Service Scheme on it.

At the same event, Nana Akufo-Addo also promised to address issues militating against the smooth rollout of the ‘One Teacher One Laptop’ initiative.

Some teacher unions and stakeholders have raised concerns about the initiative, which will provide laptops to teachers in Ghana on a cost-sharing basis.

“I am glad to hear how much you welcomed the supply of the laptops. I promise you that the other related matters of concern will be addressed. The relationship between GNAT and my government is a matter of concern to me, and I will do my very best to promote such a relationship.”

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