• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, August 13, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Uncategorized

NBSSI to support traders of Odawna fire outbreak

Maynard Championby Maynard Champion
November 26, 2020
Reading Time: 3 mins read
Add as Preferred on Google
The National Board for Small Scales Industries (NBSSI) has expressed government’s intent to support traders and victims of the Odawna fire outbreak whose shops were razed down last week.

The National Board for Small Scales Industries (NBSSI) has expressed government’s intent to support traders and victims of the Odawna fire outbreak whose shops were razed down last week.

Assessment process is being undertaken by the Board to ascertain the scope of damage and consequent aid which will be given them.

According to the Executive Director, Kosi Yankey Ayeh, government is poised to revive all businesses that were affected as a result of the damages incurred.

“We are going to support them [traders] in all forms, depending on what the assessment comes out with, but we need to have credible data to rely on in order to serve everyone”.

Mrs. Kosi Yankey-Ayeh also disclosed that, considering progress undertaken, the NBSSI would be able to give financial support to the affected persons before the end of the year.

ADVERTISEMENT

Currently, the registration process which began over the weekend has captured about 2,000 victims already, who will begin the process to access support from the government as announced by President Akufo Addo.

Registration for the traders whose shops were razed by fire is expected to end Friday November 27, exclusive of any challenge.

After the registration, the NBSSI team will do an assessment on the applications to evaluate their businesses and come out with the support to be provided.

President, Nana Addo Dankwa Akufo-Addo, on November 18, 2020, directed National Board for Small Scale Industries (NBSSI) to make available funds to support traders who had their wares destroyed by fire at the Pedestrian Shopping Centre close to the Kwame Nkrumah Interchange in Accra.

Via a social media post made on his Facebook handle, President Akufo-Addo said, this is to help the affected traders recover from their losses as a result of the

ADVERTISEMENT

Government, according to the president, will undertake re-wiring of all markets in the Greater Accra Region to forestall future occurrences.

odaw
Rubble from Odawna market fire outbreak

“On Wednesday, 18th November 2020, I visited the Odawna Market, where hundreds of stalls were destroyed by a fire outbreak, in the early hours of this morning.

“Through the NBSSI, support is going to be provided to the over 3,000 persons affected by the fire, within two (2) weeks. I also indicated that the Government will undertake the re-wiring of all markets in Greater Accra to forestall such tragic occurrences in the future.”

The National Insurance Commission has also taken steps to reduce occurrence of fire outbreaks at commercial centres to the barest minimum, the Commission remarked.

The Head of Supervision at the National Insurance Commission, Seth Eshun speaking in an interview noted that, his outfit has engaged local authorities across the country to facilitate them to determine which commercial centres are fit for operation.

“We are in discussions with the local authorities and one of the purposes that we want to achieve with these discussions is to get to a stage where before they give any license for any commercial business, they will check if that building or if that space has insurance.

“And we believe that if we do this, and we do it especially for our markets it will be a solution. So these are very early discussions and its one of the key things that we seek to do to help protect markets”.

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: NBSSIOdawna fire outbreakPresident Akufo-Addo
Please login to join discussion
Previous Post

CORONAVIRUS HAS SLOWED EVERYTHING-TULENKEY

Next Post

Ethiopian military begins final offensive against Tigray

Related Posts

Former Health Minister, Dr. Bernard Okoe-Boye
Uncategorized

Government Must Prioritise Job Creation Over Arrests-Dr. Okoe-Boye

August 6, 2026
Professor Ernest Kofi Davis 1
Uncategorized

Modernity Fuelling Growing Indiscipline in Schools – Prof. Davis

July 29, 2026
Tension Album cover
Entertainment

Fridayy Drops Haiku, Announces Tension Album for August 14

July 25, 2026
Richard Ahiagbah, The Director of Communications For NPP
Vaultz Business

Economy Looks Better On Paper Than In Homes, Ahiagbah Argues

July 25, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Somali Referee Omar Abdulkadir Artan

Somali Referee Artan Makes History as PSG Beat Villa to Retain Super Cup

August 12, 2026
BoG Pushes Digital Revolution in Ghana’s Remittance Market

BoG Pushes Digital Revolution in Ghana’s Remittance Market

August 12, 2026
Gianni Infantino, FIFA President

Africa Supports Infantino, CAF President Reveals

August 12, 2026
Ghana's Economic Engine Keeps Running Despite Slower Momentum

Ghana’s Economic Engine Keeps Running Despite Slower Momentum

August 12, 2026
Sentuo Oil Refinery

Ghana’s Refining Ambition Meets the Reality of Global Oil Markets

August 12, 2026
ADVERTISEMENT
Next Post
Ethiopian military begins final offensive against Tigray

Ethiopian military begins final offensive against Tigray

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.