Naa Torshie Addo appointed as Common Fund administrator

President Nana Akufo-Addo has appointed the former Member of Parliament for Tema West Constituency, Irene Naa Torshie Addo, as the new administrator for the District Assembly Common Fund (DACF).

This was contained in a letter addressed to the Speaker of Parliament, Prof. Aaron Mike Oquaye, to get her approved through the due parliamentary procedure.

Naa Torshie Addo, if approved, will replace Kojo Fynn, the former administrator who was relieved of his post by President Akufo-Addo earlier this year.

The District Assemblies’ Common Fund is a pool of resources created under Article 252 of the 1992 constitution of Ghana. The pool is provided with at least 5% of the national revenue, set aside to be shared among all District Assemblies in Ghana with a formula approved by Parliament.

Although the constitution does not state explicitly that allocations from the fund be made to MPs or regional coordinating councils, the country currently allocates a fraction of the fund to MPs and Regional Coordinating Councils.

Meanwhile, the Speaker of Parliament has referred the nomination to the Appointments Committee for consideration and a report to be issued later.


Source: Citifmonline

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